OFSAA Consultant
6 months ago
Job Title: OFSAA Consultant - IRRBB and ALM Focus
Responsibilities:
- OFSAA Module Implementation and Configuration:
- Lead the implementation and configuration of Oracle Financial Services Analytical Applications (OFSAA) modules with a focus on Interest Rate Risk in the Banking Book (IRRBB) and Asset Liability Management (ALM).
- Ensure alignment with regulatory requirements and industry best practices in the implementation process.
- Demonstrate in-depth knowledge and hands-on experience with OFSAA modules related to IRRBB and ALM.
- Utilize SQL, Unix scripting, and other relevant technologies for data manipulation, extraction, and transformation tasks.
- 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.
- Collaborate closely with banking clients to understand their IRRBB and ALM needs and provide tailored solutions.
- Offer expertise and guidance on OFSAA functionalities and best practices in interest rate risk management and asset liability management.
- Provide ongoing technical support for OFSAA modules, including addressing issues related to IRRBB and ALM calculations and reporting.
- 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
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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