Senior IRRBB and ALM Implementation Specialist

2 days ago


Bengaluru, Karnataka, India RiskInsight Consulting Pvt Ltd Full time

Job Title: Senior IRRBB and ALM Implementation Specialist

About RiskInsight Consulting Pvt Ltd:

We are a leading consulting firm specializing in risk management solutions for the banking industry. Our expertise lies in Interest Rate Risk in the Banking Book (IRRBB) and Asset Liability Management (ALM).

Salary: ₹120,000 - ₹200,000 per annum

Job Description:

Key Responsibilities:
  • OFSAA Module Implementation: Lead the implementation of Oracle Financial Services Analytical Applications (OFSAA) modules focusing on IRRBB and ALM.
  • Regulatory Compliance: Ensure alignment with regulatory requirements and industry best practices during the implementation process.
Technical Expertise:
  • OFSAA Modules: Demonstrate in-depth knowledge and hands-on experience with OFSAA modules related to IRRBB and ALM.
  • Data Manipulation: Utilize SQL, Unix scripting, and other relevant technologies for data manipulation, extraction, and transformation tasks.
Customization and Maintenance:
  • OFSAA Customization: Customize OFSAA modules to meet specific IRRBB and ALM requirements of banking clients.
  • Batch Creation: Manage batch creation, maintenance, and execution, ensuring accurate and timely processing of data related to interest rate risk and asset liability management.
Client Engagement and Advisory:
  • Collaboration: Collaborate closely with banking clients to understand their IRRBB and ALM needs and provide tailored solutions.
  • Expertise: Offer expertise and guidance on OFSAA functionalities and best practices in interest rate risk management and asset liability management.
Technical Support and Troubleshooting:
  • OFSAA Support: Provide ongoing technical support for OFSAA modules, including addressing issues related to IRRBB and ALM calculations and reporting.
  • Troubleshooting: Conduct proactive monitoring and troubleshooting to ensure the smooth operation of OFSAA services in the context of interest rate risk and asset liability management.

Requirements:

  • Bachelor's Degree: Bachelor's degree in Computer Science, Finance, or related field.
  • Experience: Minimum of 5 years of experience in OFSAA implementation and support, with a focus on IRRBB and ALM.
  • Knowledge: Strong understanding of interest rate risk management principles and asset liability management practices in the banking industry.
  • Skills: Proficiency in SQL, Unix scripting, and relevant technologies for data analysis and manipulation.
  • OFSAA Modules: Experience with OFSAA modules specific to IRRBB and ALM, such as Funds Transfer Pricing (FTP) and ALMBI.
  • Communication: Excellent communication skills and ability to effectively engage with banking clients and stakeholders.
  • Certifications: Certifications or training in OFSAA, IRRBB, ALM, or related areas would be advantageous.

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