OFSAA ALM Functional Consultant

Key Responsibilities

• Gather and analyze business requirements related to ALM, liquidity risk, and interest rate risk
• Configure and implement OFSAA ALM modules
• Translate business requirements into functional specifications (FS)
• Work closely with technical teams for design, development, and deployment
• Perform data mapping, reconciliation, and validation
• Support UAT (User Acceptance Testing) and business sign-offs
• Provide functional support for production issues and enhancements
• Prepare functional documentation, including BRD, FS, and test cases
• Collaborate with stakeholders to ensure regulatory and compliance requirements are met

Requirements

Required Skills & Experience

• Strong experience in OFSAA (Oracle Financial Services Analytical Applications)
• Hands-on expertise in ALM (Asset Liability Management) module
• Deep understanding of:
• Interest Rate Risk (IRRBB)
• Liquidity Risk Management
• Gap Analysis, Behavioral Modeling
• Experience in data sourcing, mapping, and reconciliation within OFSAA
• Familiarity with OFSAA architecture and data model (FSDF preferred)
• Ability to create functional specifications and test cases

Domain Experience

• Strong background in Banking / Financial Services
• Understanding of regulatory frameworks (Basel guidelines, RBI regulations, etc.)