OFSAA Implementation Specialist

4 weeks ago


Bengaluru, Karnataka, India RiskInsight Consulting Pvt Ltd Full time
Job Title: OFSAA Consultant - IRRBB and ALM Focus

RiskInsight Consulting Pvt Ltd is seeking a highly skilled OFSAA Consultant to join our team. As an OFSAA Consultant, you will be responsible for implementing and configuring Oracle Financial Services Analytical Applications (OFSAA) modules with a focus on Interest Rate Risk in the Banking Book (IRRBB) and Asset Liability Management (ALM).

Key Responsibilities:
  • OFSAA Module Implementation and Configuration: Lead the implementation and configuration of OFSAA modules with a focus on IRRBB and ALM, ensuring alignment with regulatory requirements and industry best practices.
  • Technical Expertise: Demonstrate in-depth knowledge and hands-on experience with OFSAA modules related to IRRBB and ALM, utilizing SQL, Unix scripting, and other relevant technologies for data manipulation, extraction, and transformation tasks.
  • Customization and Maintenance: Customize OFSAA modules to meet specific IRRBB and ALM requirements of banking clients, 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: Collaborate closely with banking clients to understand their IRRBB and ALM needs and provide tailored solutions, offering expertise and guidance on OFSAA functionalities and best practices in interest rate risk management and asset liability management.
  • Technical Support and Troubleshooting: Provide ongoing technical support for OFSAA modules, including addressing issues related to IRRBB and ALM calculations and reporting, conducting 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 in Computer Science, Finance, or related field.
  • Minimum of 5 years of experience in OFSAA implementation and support, with a focus on IRRBB and ALM.
  • Strong understanding of interest rate risk management principles and asset liability management practices in the banking industry.
  • Proficiency in SQL, Unix scripting, and relevant technologies for data analysis and manipulation.
  • Experience with OFSAA modules specific to IRRBB and ALM, such as Funds Transfer Pricing (FTP) and ALMBI.
  • Excellent communication skills and ability to effectively engage with banking clients and stakeholders.
  • Certifications or training in OFSAA, IRRBB, ALM, or related areas would be advantageous.


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