Core Banking developer

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions, enabling the communities we support to grow and succeed in the right ways, all more confidently and more often—that’s what we call the courage to thrive. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive. Try new things, learn new skills and discover what you excel at—all from Day One. As a wholly owned subsidiary of U.S. Bank, Elavon is committed to building the platforms and ecosystems that help over 1.5 million customers around the world to achieve their financial goals—no matter what they need. From transaction processing to customer service, to driving innovation and launching new products, we’re building a range of tailored payment solutions powered by the latest technology. As part of our team, you can explore what motivates and energizes your career goals: partnering with our customers, our communities, and each other. We actively uphold transparent and fair hiring practices that support individual opportunity, inclusive culture, and career mobility across all levels of our organisation. We offer meaningful opportunities for growth, a culture of inclusion, and a strong commitment to transparency and integrity in everything we do. Job Description Core Banking Developer We’re looking for a Thought Machine (4th Generation) Developer to design, build, and evolve core banking products on modern, cloud-native platforms. You’ll configure and implement Vault-based product logic (or equivalent product/ledger engines), build integration services and APIs, and partner with engineering, product, operations, and risk teams to deliver secure, scalable financial capabilities. This role suits candidates with direct Thought Machine experience or a comparable background building digital banking products on modern core platforms, with strong engineering fundamentals and an appreciation for ledger integrity, financial controls, and operability. Direct line reporting: Head of Architecture and Core Banking – Europe. 1. Accountabilities and Responsibilities Product & Ledger Engineering Design and implement core banking product logic (e.g., accounts, deposits, lending, fees, interest, limits, delinquency, posting rules) using Thought Machine’s framework (or equivalent rules/contract approach). Build and maintain ledger-posting logic that is accurate, auditable, idempotent, and aligned with accounting principles. Configure product parameters and lifecycle states (e.g., onboarding, maturity, closures, arrears, write-off). Implement financial events and schedules (interest accrual, compounding, billing cycles, statement generation triggers). Platform Integration & APIs Develop integration services and APIs for channels and downstream systems (payments, KYC, CRM, GL, data/analytics, fraud, notifications). Implement event-driven integrations (pub/sub, streaming) and ensure robust error handling, retries, reconciliation, and observability. Collaborate on data models, reporting extracts, and controls required for Finance, Risk, and Regulatory needs. Quality, Controls & Delivery Write comprehensive tests (unit, integration, contract), including edge cases and reconciliation scenarios. Support product releases through CI/CD pipelines and controlled promotion (dev → test → prod). Troubleshoot production issues with a focus on root-cause analysis, stability, and improved runbooks. Maintain clear technical documentation (product specs, decision records, operational playbooks). Collaboration Partner with Product Owners and SMEs to translate banking requirements into implementable designs. Work with Security and Risk teams to ensure controls, audit trails, segregation of duties, and compliance-by-design. Contribute to engineering standards, reusable components, and platform accelerators. 2. Experience and Key Competencies: Knowledge & Experience: 5+ years developing APIs/integration services in regulated enterprise environments; banking or financial services experience strongly preferred. BA/MBA in IT or relevant experience of 10+ years in Integration technology and Core Banking. Proven experience delivering core banking products on Thought Machine or a comparable modern core/ledger platform Strong understanding of double-entry accounting concepts, ledgers, postings, balances, and reconciliation. Experience implementing product features such as fees, interest, limits, repayment schedules, and lifecycle events Direct experience with Thought Machine Vault (product configuration, contract-style logic, lifecycle events), Experience with payments (SEPA, Faster Payments, SWIFT), card processing, or transaction monitoring patterns, Knowledge of regulatory reporting and controls (audit trails, model governance, policy-as-code). Experience with test automation for financial logic (golden datasets, reconciliation harnesses, simulation testing). Familiarity with data platforms (e.g., SQL, Snowflake/BigQuery, ETL/ELT pipelines) for reporting and analytics. Engineering Fundamentals: Strong software engineering background in one or more of: Python, Java, Kotlin, Go, or similar. Experience building APIs and integration services (REST/gRPC), plus familiarity with event-driven architectures (Kafka or equivalent). Solid grasp of software design principles, version control (Git), and testing practices Cloud & Operability Experience working in cloud-native environments (AWS/Azure/GCP), containers (Docker), and CI/CD. Familiarity with observability practices: logs, metrics, tracing, SLOs, and production support patterns. Strong problem-solving skills with a disciplined approach to debugging and incident response . Personal Attributes Highly organised, proactive, and detail‑oriented, with the ability to operate at pace. Comfortable operating in ambiguity and adapting to changing priorities. Resilient, calm under pressure, and confident acting as an extension of the CIO. Trusted partner with a collaborative, inclusive leadership style. Banking domain knowledge: payments (SEPA/SWIFT), card processing, transaction monitoring, AML/KYC, customer onboarding. Exposure to 4th generation banking platforms such as (Thought Machine or 10X) Experience with service mesh (Istio/Linkerd) and zero trust patterns. Familiarity with TOGAF, enterprise integration architecture, or API product management. Experience with data privacy and retention requirements (GDPR), and operational controls. Key Competencies: Communications & Relationships: Excellent communication skills required to manage third party relationships. Ability to use insights and relationships to influence and deliver. The ability to build connections and partnerships within own business area and beyond, through formal and informal channels, utilising considerable tact, diplomacy and people skills. Agility and innovation: Adapt quickly to changing priorities; create new and better ways for the organization to be successful. Collaboration: Build partnerships and promote a culture of teamwork to drive on U.S. Bank. Drive for results: Hold self and others accountable to consistently achieve meaningful results. Ethics and trust: Maintain high ethical standards; gain the confidence and trust of others through honesty, integrity and authenticity. Inclusion: Build a culture of equity and inclusion in which diverse ideas, talent and perspectives are welcomed and encouraged. Customer centricity: Build strong customer relationships and deliver customer-centric solutions. Commercial Judgement: Strong knowledge of business unit with the ability to understand USBE’s business and deliver the business performance needed to achieve USBE’s purpose and goals. Managing Programs: Proven analytical, decision-making and problem-solving skills, with the abi