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.