Senior Developer for Banking & Insurance Software Solutions (m/f/d)

Remote from: Germany
Annual salary: Undisclosed
Salary information is not provided for this position. Check our Salary Directory to estimate the average compensation for similar roles.
Department: Programming
Employment type: Full Time,
Job posted: 8 May 2026
Apply before: 8 Jun 2026
Experience level: Senior
Views / Applies: 727 / 232

We empower top-tier banks, insurers and disruptive challengers to redefine financial services: deploying faster, growing at scale and conquering new opportunities, reliably.

Financial Services
2021

AI Summary

This role is for a Senior Developer specializing in SAP banking solutions, with a strong focus on SAP CML and accounting logic. The position involves maintaining and enhancing existing ABAP-based applications, translating complex financial and regulatory requirements into technical solutions, and collaborating with distributed teams. The ideal candidate has several years of ABAP development experience, deep knowledge of banking processes, and fluency in German and English. The role offers a flexible work environment, competitive compensation, and benefits like pension plans, health support, and mobility options.

Job Complexity

Easy Hard

AI Insight The role requires deep expertise in both ABAP development and banking/financial processes, including SAP CML, which is highly specialized. The need to work with complex legacy systems and regulatory requirements adds to the difficulty.

Salary Analysis

AI Insight The salary is not specified in the listing. Based on market data for senior SAP developers in banking and insurance, the estimated median salary is $130,000. This is competitive for a role requiring specialized skills in SAP CML and financial accounting.

Key Skills

ABAP SAP CML SAP S/4HANA Banking Financial Accounting Cashflows Interest Calculations Regulatory Compliance Debugging Refactoring

Cover Letter Sample

Dear Hiring Manager,

I am writing to express my strong interest in the Senior Developer for Banking & Insurance Software Solutions position. With over 8 years of experience in ABAP development and deep expertise in SAP CML and banking processes, I am confident in my ability to maintain and enhance your existing solutions while ensuring stability and quality.

In my previous role at a leading financial services firm, I successfully led the refactoring of legacy SAP CML applications, reducing system downtime by 30%. I have a proven track record of translating complex regulatory requirements into robust technical implementations.

I am particularly drawn to SAP Fioneer's blend of startup agility and established market presence. I am eager to contribute to your innovative projects and collaborate with your talented team.

Thank you for considering my application. I look forward to discussing how my skills align with your needs.

Sincerely,

[Your Name]

Possible Interview Questions

Can you describe your experience with SAP CML and how you have handled complex cashflow and interest calculations in a banking context?

I have worked extensively with SAP CML for loan management, including defining product types, calculating cashflows, and handling interest accruals. For example, I implemented a custom interest calculation for a mortgage product that complied with regulatory requirements, ensuring accurate monthly statements.

How do you approach maintaining and refactoring legacy ABAP code in a banking environment to ensure stability and long-term quality?

I start by thoroughly understanding the existing code and business logic through documentation and stakeholder interviews. I prioritize refactoring areas with high maintenance costs or frequent issues, using automated testing to ensure no regression. For example, I modularized a monolithic report into reusable components, improving maintainability and reducing error rates.

Describe a time when you had to translate a complex regulatory requirement into a technical solution. What steps did you take?

When a new regulation required changes to how interest income was reported, I first analyzed the regulatory text with business experts to clarify requirements. I then designed an ABAP enhancement to adjust the calculation logic and created a new reporting extract. I coordinated with testing teams to validate the output against expected results.

How do you collaborate with functional stakeholders and distributed teams to ensure successful delivery?

I believe in clear communication and regular sync-ups. I use agile methodologies like daily stand-ups and sprint reviews to align with functional experts. For example, in a distributed team across Germany and India, I set up weekly demos to gather feedback early and avoid misunderstandings.

What is your experience with SAP S/4HANA, and how does it differ from ECC in terms of ABAP development?

I have worked with SAP S/4HANA for over 3 years, focusing on the ABAP programming model for S/4HANA, including CDS views and AMDP. The key difference is leveraging in-memory capabilities for faster data processing. For instance, I replaced a slow ABAP report with a CDS-based solution that reduced runtime by 80%.

Innovation is and will always be the core of SAP Fioneer. We build on a heritage of outstanding technology and a deep understanding of financial services to deliver scalable and reliable banking and insurance solutions.

About the Role

In this role, you will take over responsibility for the maintenance and further development of existing SAP banking solutions with a strong focus on SAP CML. The position combines hands-on ABAP development with a deep functional understanding of banking products and accounting logic. You will work closely with business experts and take ownership for the stability and quality of your applications.

What you will do

Maintain, enhance, and stabilize existing ABAP-based applications in a banking context, with a strong focus on SAP CML and accounting-related processes
Analyze and understand complex financial products, cashflows, interest calculations, and accounting logic
Translate functional, business, and regulatory requirements into robust and maintainable technical solutions
Debug, refactor, and improve existing code to ensure long-term quality and system stability
Act as a technical counterpart for functional stakeholders and support clarifications from a business perspective
Collaborate with distributed teams including functional experts, developers, and user assistance
Contribute to documentation, testing, and continuous improvement of existing applications
Take ownership and responsibility for applications and products over their full lifecycle

Requirements

Degree in computer science, business administration, finance, engineering, or a comparable qualification, or equivalent practical experience with a strong functional focus
Strong understanding of banking processes, especially SAP CML, cashflows, interest calculations, and accounting logic
Several years of experience in ABAP development, ideally in an SAP S/4HANA environment (on-premise or private cloud)
Strong analytical mindset and ability to work effectively with complex, existing system landscapes
Ability to translate complex financial and regulatory requirements into clear and stable technical implementations
Experience working with established development standards, including documentation and maintainable code structures
Willingness to work on existing codebases (maintenance, enhancement, refactoring)
Customer-oriented mindset (customers first), internal and external, with willingness to take responsibility for a product
Very good German and English language skills

Nice to Have

Knowledge of SAP FI in a banking context
Background in accounting or regulatory-driven banking projects
Knowledge of SAP Treasury and Risk Management (TRM), especially in relation to financial instruments, cashflows, and valuation logic

Benefits

You will have the opportunity to collaborate with some of the brightest minds in the industry on an incredibly ambitious project to shape the ever-evolving financial sector. This is an environment where you can have it all — the agility, enthusiasm, and dynamism of a start-up, combined with the established expertise, solid market presence, and extensive customer network of a more established organization.

At SAP Fioneer, you will benefit from a flexible work environment that encourages creativity and empowers you to think outside the box, bring new ideas to the table, and challenge the status quo. You will become part of a diverse and global team that we are proud of and are constantly growing and reinventing. As an employee, you can chart your career path and take advantage of competitive compensation packages and progression opportunities based on merit.

We offer a comprehensive benefits package that includes occupational pension provisions, support for health and wellbeing, various mobility options like bike leasing and transportation allowances, as well as additional perks such as celebration rewards, jubilee recognition, and relocation reimbursement.

Apply now >