OFSAA IFRS 9 Functional Consultant (LLFP)

Provide functional expertise in OFSAA LLFP and IFRS 9 impairment solutions.

Configure and implement

• Oracle Financial Services Loan Loss Forecasting and Provisioning (LLFP) based on business and regulatory requirements.
• Work on Expected Credit Loss (ECL) calculations covering
• Stage 1, Stage 2, and Stage 3 exposures.

Support

Significant Increase in Credit Risk (SICR) assessment and related IFRS 9 impairment processes.

Work with key credit risk parameters including

PD, LGD, EAD, and EIR

Translate business requirements into functional specifications and OFSAA LLFP solutions.

Perform

• LLFP testing, validation, reconciliation, and result analysis
• Support
• SIT, UAT, defect resolution, and production implementation
• Provide production support and troubleshoot functional issues related to LLFP and IFRS 9 calculations.
• Collaborate with business, risk, finance, technology, and data teams throughout implementation and enhancement initiatives.
• Prepare functional documentation, test scenarios, and solution specifications.

Requirements

• 4+ experience with Oracle OFSAA LLFP
• Strong functional knowledge of IFRS 9 impairment and ECL
• Experience in OFSAA LLFP configuration and implementation
• Good understanding of Stage 1, Stage 2, Stage 3, SICR, and ECL methodologies
• Hands-on understanding of PD, LGD, EAD, and EIR
• Experience in LLFP testing, validation, reconciliation, and result analysis
• Strong ability to understand business requirements and translate them into functional OFSAA solutions.
• Experience with SIT, UAT, implementation, and production support
• Strong banking, credit risk, and IFRS 9 domain knowledge
• Excellent analytical, communication, stakeholder management, and problem-solving skills.