VS01714 - OFSAA LLFP – Functional Consultant

E4 Software Services Pvt Ltd.; Delhi; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

E4 Software Services Pvt Ltd. seeks a specialist with deep OFSAA LLFP experience to support or implement LLFP processes in a banking risk context.

Responsibilities include requirements gathering, design, and configuration across LLFP modules, with emphasis on data inputs/outputs and end-to-end processing, including SIT/UAT support and ECL validation.

Qualifications

• Experience with OFSAA LLFP implementations or support.
• Strong understanding of ECL/IFRS 9 impairment concepts in banking.
• Experience in gathering business requirements and performing fit-gap analysis.

Responsibilities

• Translate business and regulatory requirements into functional specs and configurations.
• Collaborate with business, risk/model, and tech teams for data requirements and LLFP processing.

Skills

OFSAA LLFP

IFRS 9 impairment

Banking credit risk

Requirements gathering

Functional solution design

UAT/SIT support

End-to-end LLFP processing

Tools

SQL/PLSQL

Job description

Strong experience in OFSAA Loan Loss Forecasting and Provisioning (LLFP) implementation/support, with good understanding of ECL / IFRS 9 impairment concepts and banking credit risk.

Experience in business requirement gathering, fit-gap analysis, functional solution design and configuration of OFSAA LLFP.

Good understanding of key LLFP areas including segmentation, staging/SICR, PD, LGD, EAD, EIR, cash flows and ECL calculation methodologies.

Ability to translate Bank’s business/regulatory requirements into functional requirements, configuration requirements and solution designs.

Experience in working with business, risk/model teams and technical teams for data requirements, model inputs/outputs and end-to-end LLFP processing.

Experience in SIT/UAT support, ECL output validation, reconciliation, defect analysis and business sign-off.

Prior implementation/support experience in OFSAA LLFP, preferably along with exposure to other OFSAA ERM/EPM applications; working knowledge of SQL/PLSQL is desirable