Core Banking Application Engineer

4 days ago


Lagos, Lagos, Nigeria Source MFB Full time ₦4,800,000 - ₦7,200,000 per year

About Us

Source Microfinance Bank is a fast-paced start-up Microfinance Bank, led by a group of talented, passionate, and skilled individuals who take the mission to re-invent banking using innovation and technology to provide high-quality service seriously. The goal is to empower generations by providing our customers with specific products and services to help them increase their net worth.

Role Overview

We are looking for a skilled and motivated Core Banking Engineer to join our team. The ideal candidate will be responsible for building, customizing, and extending a new core banking system based on the open-source Apache Fineract and Mifos platforms. This role requires a strong understanding of financial systems and software development, with a focus on delivering robust, scalable solutions that meet our unique business needs.

Job Responsibility

  • Design, develop, and implement new features and functionality for the core banking system using Apache Fineract and Mifos.
  • Customize and configure the platforms to align with specific business requirements, workflows, and regulatory standards.
  • Integrate the core banking system with other internal and third-party systems, such as payment gateways, CRM, and reporting tools.
  • Perform code reviews, troubleshoot issues, and provide technical support for the core banking platform.
  • Collaborate with product managers, business analysts, and other engineers to translate business requirements into technical specifications.
  • Maintain and update documentation for the core banking system, including technical architecture and implementation guides.
  • Ensure the security, reliability, and performance of the core banking application.

Job Requirements

  • Proven experience in software development, with a strong background in building and maintaining enterprise-level applications.
  • Direct experience with Apache Fineract or Mifos is highly preferred.
  • Proficiency in Java, Spring Framework, and RESTful APIs.
  • Solid understanding of relational databases (e.g., MySQL, PostgreSQL) and experience with database design.
  • Familiarity with financial services, core banking concepts, and related business processes.
  • Experience with front-end technologies (e.g. Angular) is a plus.
  • Excellent problem-solving skills and the ability to work independently in a fast-paced environment.
  • Strong communication and collaboration skills to work effectively with cross-functional teams.


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