OFSAA IFRS 9 Functional Consultant (LLFP)

<ul>
<li>Provide functional expertise in<strong>OFSAA LLFP</strong>and IFRS 9 impairment solutions.</li>
<li>Configure and implement<strong>Oracle Financial Services Loan Loss Forecasting and Provisioning (LLFP)</strong>based on business and regulatory requirements.</li>
<li>Work on<strong>Expected Credit Loss (ECL)</strong>calculations covering<strong>Stage 1, Stage 2, and Stage 3</strong>exposures.</li>
<li>Support<strong>Significant Increase in Credit Risk (SICR)</strong>assessment and related IFRS 9 impairment processes.</li>
<li>Work with key credit risk parameters including<strong>PD, LGD, EAD, and EIR</strong>.</li>
<li>Translate business requirements into functional specifications and OFSAA LLFP solutions.</li>
<li>Perform<strong>LLFP testing, validation, reconciliation, and result analysis</strong>.</li>
<li>Support<strong>SIT, UAT, defect resolution, and production implementation</strong>.</li>
<li>Provide production support and troubleshoot functional issues related to LLFP and IFRS 9 calculations.</li>
<li>Collaborate with business, risk, finance, technology, and data teams throughout implementation and enhancement initiatives.</li>
<li>Prepare functional documentation, test scenarios, and solution specifications.</li>
</ul><h2>Requirements</h2><ul>
<li>4+ experience with<strong>Oracle OFSAA LLFP</strong>.</li>
<li>Strong functional knowledge of<strong>IFRS 9 impairment and ECL</strong>.</li>
<li>Experience in<strong>OFSAA LLFP configuration and implementation</strong>.</li>
<li>Good understanding of<strong>Stage 1, Stage 2, Stage 3, SICR, and ECL methodologies</strong>.</li>
<li>Hands-on understanding of<strong>PD, LGD, EAD, and EIR</strong>.</li>
<li>Experience in<strong>LLFP testing, validation, reconciliation, and result analysis</strong>.</li>
<li>Strong ability to understand business requirements and translate them into functional OFSAA solutions.</li>
<li>Experience with<strong>SIT, UAT, implementation, and production support</strong>.</li>
<li>Strong<strong>banking, credit risk, and IFRS 9 domain knowledge</strong>.</li>
<li>Excellent analytical, communication, stakeholder management, and problem-solving skills.</li>
</ul>