OFSAA IFRS 9 Functional Consultant (Delhi)

OFSAA IFRS 9 Functional Consultant (Delhi)

24 Aug
|
Unison Group
|
Delhi

24 Aug

Unison Group

Delhi

- Provide functional expertise in OFSAA LLFP and IFRS 9 impairment solutions.
- Configure and implement Oracle Financial Services Loan Loss Forecasting and Provisioning (LLFP) based on business and regulatory requirements.
- Work on Expected Credit Loss (ECL) calculations covering Stage 1, Stage 2, and Stage 3 exposures.
- Support Significant Increase in Credit Risk (SICR) assessment and related IFRS 9 impairment processes.
- Work with key credit risk parameters including PD, LGD, EAD, and EIR.
- Translate business requirements into functional specifications and OFSAA LLFP solutions.
- Perform LLFP testing, validation, reconciliation, and result analysis.
- Support SIT, UAT, defect resolution, and production implementation.
- Provide production support and troubleshoot functional issues related to LLFP and IFRS 9 calculations.
- Collaborate with business, risk, finance, technology, and data teams throughout implementation and enhancement initiatives.




- Prepare functional documentation, test scenarios, and solution specifications.

Requirements
- 4+ experience with Oracle OFSAA LLFP.
- Strong functional knowledge of IFRS 9 impairment and ECL.
- Experience in OFSAA LLFP configuration and implementation.
- Positive understanding of Stage 1, Stage 2, Stage 3, SICR, and ECL methodologies.
- Hands-on understanding of PD, LGD, EAD, and EIR.
- Experience in LLFP testing, validation, reconciliation, and result analysis.
- Strong ability to understand business requirements and translate them into functional OFSAA solutions.
- Experience with SIT, UAT, implementation, and production support.
- Strong banking, credit risk, and IFRS 9 domain knowledge.
- Excellent analytical, communication, stakeholder management, and problem-solving skills.

📌 OFSAA IFRS 9 Functional Consultant (Delhi)
🏢 Unison Group
📍 Delhi

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