Senior Finacle Core Banking Developer – CASA, Overdraft & Branch Operations (Finacle 11.x)

innova solutions; Bengaluru; On-site; INR 900,000 - 1,500,000; Full time

Benefits offered by this job

Opportunity for professional growth

Innovative work environment

Job summary

Innovo Solutions is looking for a Senior Finacle Core Banking Developer to lead the customization and implementation of core banking modules. Ideal candidates will have substantial experience with Finacle 11.x, particularly in CASA, Overdraft, and Branch Operations.

This role involves designing solutions that meet business needs and supporting integration with third-party services. Join a dynamic team that values innovation and professional growth.

Qualifications

• Extensive experience working with CASA modules, including account management.
• Knowledge of Branch Operations processes including account opening and cheque processing.
• Experience with Overdraft management systems.

Responsibilities

• Design, develop, and implement Finacle core banking modules.
• Work closely with Branch Operations for customer transactions.
• Integrate Finacle with third-party banking systems.
• Lead the upgrade processes to Finacle 11.x.
• Perform regular performance tuning for optimized transaction speed.

Skills

Proficiency in Java

Proficiency in SQL

Proficiency in Oracle database

Hands-on experience with Finacle 11.x

Strong debugging skills

Education

Bachelor’s/Master’s degree in Computer Science or related field

Tools

Finacle development tools

Finacle APIs

Job description

Senior Finacle Core Banking Developer – CASA, Overdraft & Branch Operations (Finacle 11.x)

• Full-time

Job Summary

We are seeking a Senior Finacle Core Banking Developer with expertise in CASA (Current Account & Savings Account) modules, Overdraft, and Branch Operations. The ideal candidate will have extensive experience working with Finacle 11.x, including customization, performance tuning, system integration, and support for these core banking functionalities. You will be responsible for the design, development, and enhancement of Finacle solutions, ensuring seamless delivery of banking services to our clients.

Key Responsibilities

• Core Banking Development & Customization:
  • Design, develop, and implement Finacle core banking modules, with a focus on CASA, Overdraft, and Branch Operations.
  • Customize and configure CASA, Overdraft, and Branch Operations functionalities to align with business requirements, including account management, overdraft limits, interest calculations, and transaction processing.
  • Develop and enhance overdraft functionalities within the Finacle system, ensuring proper integration of overdraft limits, eligibility checks, charges, and interest calculations for overdraft accounts.
  • Implement overdraft limits and exceptions based on customer profiles and ensure compliance with banking regulations.
• Branch Operations & Support:
  • Work closely with Branch Operations to configure Finacle’s core banking system to support in-branch activities such as account opening, cheque management, cash deposits/withdrawals, and other customer transactions.
  • Customize Finacle workflows to streamline branch-level operations, ensuring seamless service delivery to customers.
• System Integration & Configuration:
  • Integrate Finacle with third‑party banking systems, payment gateways, ATM networks, mobile banking apps, and other banking interfaces.
  • Configure Finacle’s system settings for smooth operations across CASA, Overdraft, and Branch Operations.
• Upgrade and Migration:
  • Lead the upgrade and migration processes to Finacle 11.x, ensuring smooth transitions and minimal downtime, especially across the CASA, overdraft, and branch operations modules.
  • Work with stakeholders to ensure that new features or modules are integrated seamlessly without disrupting existing operations.
• Performance Optimization:
  • Perform regular performance tuning to optimize transaction speed and improve the efficiency of CASA, overdraft, and branch operation modules.
  • Monitor system performance and apply necessary optimizations to ensure scalability and high availability of the system.
• Support & Troubleshooting:
  • Provide post‑implementation support for CASA, overdraft, and branch operation modules, troubleshooting any technical issues that arise.
  • Collaborate with the support team to resolve issues in a timely and efficient manner, ensuring minimal impact on banking operations.
• Client Interaction:
  • Collaborate with business analysts, product managers, and clients to understand requirements and translate them into technical solutions for CASA, overdraft, and branch operations.
  • Engage with clients to clarify specifications, propose enhancements, and deliver solutions that align with their banking processes.
• Documentation & Reporting:
  • Maintain detailed technical documentation on customizations, integrations, and configurations within Finacle for CASA, overdraft, and branch operations.
  • Ensure that all modifications are accurately documented for future reference and audits.
• Testing & Quality Assurance:
  • Perform unit testing, integration testing, and support user acceptance testing (UAT) for Finacle implementations, especially for CASA, overdraft, and branch operation modules.
  • Ensure that all solutions are fully tested, bug‑free, and meet business requirements before deployment.

Required Skills & Qualifications

Educational Qualification

• Bachelor’s/Master’s degree in Computer Science, Information Technology, or a related field.

Technical Skills

• Proficiency in Java, SQL, Oracle database, and Finacle development tools.
• Hands‑on experience with Finacle 11.x version and deep understanding of its features, especially for CASA, Overdraft, and Branch Operations modules.
• Experience with Finacle APIs for system integrations and third‑party connectivity.

Core Banking & CASA Expertise

• Extensive experience working with CASA modules, including knowledge of account management, interest calculation, transactions, and customer service.
• Experience working with Overdraft management systems, handling overdraft eligibility, limits, fees, and interest.
• Knowledge of Branch Operations processes including account opening, cheque processing, cash transactions, and supporting other in‑branch activities.

Experience with System Integration

• Proven experience in integrating Finacle with external banking systems, digital platforms (mobile apps), and third‑party services (ATM networks, payment gateways).

Problem Solving & Analytical Skills

• Strong debugging skills and the ability to troubleshoot complex technical issues related to Finacle modules.
• Ability to analyze and optimize the performance of CASA, overdraft, and branch operations modules, especially in high‑transaction environments.

Communication Skills

• Excellent verbal and written communication skills to interact with both technical and non‑technical stakeholders.
• Ability to explain complex technical concepts clearly to clients, team members, and management.

Other Skills

• Familiarity with Agile or Waterfall project management methodologies.
• Knowledge of version control systems (Git) and software development best practices.

Preferred Qualifications

• Experience with Finacle 11.x version in banking and financial institutions.
• Certification or additional training related to Finacle or core banking systems.
• Previous experience working in Agile or Scrum environments.

Why Join Us?

• Opportunity to work with a leading‑edge core banking platform and influence banking transformations.
• Be part of a dynamic, innovative team that encourages growth and development.