What are common challenges senior Java developers face in banking?

Senior Java Developers in banking often work with complex legacy systems that require careful integration with modern technologies. Ensuring security and compliance with strict financial regulations can be challenging, as every line of code must protect sensitive data and meet audit requirements. Additionally, balancing the need for innovation with the stability and reliability expected in banking environments requires strong problem-solving skills and close collaboration with cross-functional teams such as QA, business analysts, and security specialists.