Senior Principal Consultant

Job Category Consulting About the Company Team OFS Consulting is a team that implements Oracle Financial Services Analytical Application OFSAA products in various Tier 1 Tier 2 and Tier 3 banks and financial institutions Our team has experience in deploying OFSAA product solutions for our clients on a global basis with implementations across Asia Pacific Africa Americas Middle East and Europe Job Summary We are seeking a skilled EPM Functional Consultant to join our team with expertise in implementing OFSAA products particularly in the Enterprise Risk Management ERM Enterprise Performance Management EPM and IFRS17 domains The successful candidate will have knowledge of banking and or banking analytics experience and will provide functional inputs and work closely with both technical and functional subject matter experts and other project team members to successfully deploy the OFSAA products Key Responsibilities Understand client functional and business team requirements and qualify the requirements as per the product functionality Conduct workshops and trainings on the product functional scope Take care of the functional delivery responsibility by delivering the mapping support BRD preparation support for configuration testing and rollout Work on Agile Water-Scrum-Fall based development methodology Support the testing phase System Testing SIT UAT Production and ensure quick turnaround of defect fixes Qualifications Skills Mandatory MBAs Finance CAs CFAs with experience from MNC banks private sector banks rating agencies consulting firms or high-end risk analytics KPO firms FRM s NCFM Certification is desirable General - Knowledge of Core Banking with Expertise in one or more of the following areas - Corporate and retail credit risk Policies and processes credit appraisal and monitoring credit training and scoring credit derivatives and credit portfolio management securitization and loan approval for retail and SME For Basel II - Implementation of Basel and good knowledge of Basel and local regulatory guidelines For EPM - Expert in Profitability PFT Fund Transfer Pricing FTP Balance Sheet Planning BSP GL Reconciliation should have at least 3-5 years of experience which includes exposure to risk rating scorecard development and development implementation and validation of quantitative models in credit market and operational risk areas For ERM - Expert in Basel Market Risk MR Asset Liability Management ALM Counter Party Risk Liquidity Risk Capital Management Basel Regulatory Capital Economic Capital Advanced Credit Risk Operations Risk and should have implemented these in any large Bank or Financial institution in a Functional capacity For IFRS 17 - with end-to-end implementation experience on one of the major insurance clients worked with similar products like SAS Moody s IFRS 17 solutions designing process and procedure to acquire source data modeling of IFRS17 data elements and defining a Data quality framework understanding of Milliman Integrate IFRS17 Engine model designs BBA VFA PAA etc 6 years of experience in OFSAA ERM EPM IFRS17 product implementation or similar products Desired Preferably from the banking domain with OFSAA product implementation experience Exposure to Agile methodologies Strong knowledge in ERM EPM IFRS17 products Desire to get upskilled to the latest in functional areas like Machine learning Block Chain etc and implement them in the project Responsibilities Provide functional inputs and work closely with both Technical and other project team members to successfully deploy the OFSAA products Conduct user workshops and functional trainings Understand the client requirement and prepare gap analysis document Prepare functional design document for the implementation including customization Support user testing Adopt and contribute to OFSAA ERM best practice methodologies for knowledge dissemination throughout the OFSAA Delivery organization Understanding of system security principles specifically around user authorization and authentication methods and technologies Qualifications Career Level - IC3 About Us As a world leader in cloud solutions Oracle uses tomorrow s technology to tackle today s challenges We ve partnered with industry-leaders in almost every sector-and continue to thrive after 40 years of change by operating with integrity We know that true innovation starts when everyone is empowered to contribute That s why we re committed to growing an inclusive workforce that promotes opportunities for all Oracle careers open the door to global opportunities where work-life balance flourishes We offer competitive benefits based on parity and consistency and support our people with flexible medical life insurance and retirement options We also encourage employees to give back to their communities through our volunteer programs We re committed to including people with disabilities at all stages of the employment process If you require accessibility assistance or accommodation for a disability at any point let us know by emailing or by calling 1 888 404 2494 in the United States Oracle is an Equal Employment Opportunity Employer All qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability and protected veterans status or any other characteristic protected by law Oracle will consider for employment qualified applicants with arrest and conviction records pursuant to applicable law