Functional Consultant - EPM (OFSAA ALM)

Unison Group New Zealand; Saudi Arabia; On-site; SAR 250,000 - 450,000; Full time

Job summary

Unison Group New Zealand seeks an experienced Functional Consultant - EPM (OFSAA ALM) to lead functional design and implementation of ALM solutions for banking risk management. You will translate business requirements into effective functional specifications and collaborate with Treasury, Risk, and Finance teams.

The role covers OFSAA ALM configuration, IRRBB/PRRBB frameworks, reporting for NII simulations, LCR/NSFR, and stress testing, plus leading workshops, UAT, and end-to-end delivery across

Qualifications

• Hands-on OFSAA ALM experience with focus on ALM modules.
• Expertise in IRRBB and PRRBB frameworks.
• Strong understanding of banking products (loans, deposits, derivatives).
• Experience applying ALM methodologies (Gap, Duration, EaR, EVE).
• Knowledge of Liquidity Risk (LCR, NSFR).
• Excellent stakeholder management and communication.

Responsibilities

• Lead functional design of OFSAA ALM solutions including IRRBB, PRRBB, and behavioral modeling.
• Define ALM methodologies such as Gap Analysis, Duration Analysis, EaR, and EVE.
• Translate business requirements into functional specifications and solution blueprints.
• Collaborate with Treasury, Risk, and Finance teams to gather requirements.
• Conduct workshops and act as a trusted advisor to stakeholders.
• Bridge communication between business, functional, and technical teams.
• Define product hierarchies, assumptions (prepayment, decay rates), and repricing rules.
• Validate ALM rule setups and ensure alignment with business objectives.
• Work closely with technical teams for system configuration.
• Ensure compliance with IRRBB and liquidity regulatory frameworks.
• Define reporting for NII simulations, LCR, NSFR, and stress testing scenarios.
• Define data mapping and validate cash flows, ALM outputs, and risk metrics.
• Perform reconciliation between source systems and OFSAA outputs.
• Lead functional testing, UAT, and system walkthroughs.
• Develop test cases and validate OFSAA calculations and outputs.
• Drive end‑to‑end functional delivery across project lifecycle.
• Coordinate with business, technical, and offshore teams.
• Manage timelines, scope, and deliverables.
• Provide guidance on balance sheet optimization and risk mitigation.
• Recommend industry best practices in ALM and risk management.
• Prepare BRD, FSD, process flows, and data mapping documents.
• Analyze and resolve issues in ALM calculations and data flows.
• Perform root cause analysis and support production issues

Skills

OFSAA ALM

IRRBB/PRRBB

ALM methodologies

Banking products knowledge

Stakeholder management

Communication skills

Job description

We are looking for an experienced Functional Consultant - EPM (OFSAA ALM) to lead functional design and implementation of Asset Liability Management (ALM) solutions. The ideal candidate should have strong domain expertise in banking risk management, hands‑on experience with OFSAA, and the ability to translate business requirements into effective functional solutions.

Key Responsibilities

• Business Solution Design
• Lead functional design of OFSAA ALM solutions including IRRBB, PRRBB, and behavioral modeling.
• Define ALM methodologies such as Gap Analysis, Duration Analysis, EaR, and EVE.
• Translate business requirements into functional specifications and solution blueprints.
• Collaborate with Treasury, Risk, and Finance teams to gather requirements.
• Conduct workshops and act as a trusted advisor to stakeholders.
• Bridge communication between business, functional, and technical teams.
• Define product hierarchies, assumptions (prepayment, decay rates), and repricing rules.
• Validate ALM rule setups and ensure alignment with business objectives.
• Work closely with technical teams for system configuration.
• Ensure compliance with IRRBB and liquidity regulatory frameworks.
• Define reporting for NII simulations, LCR, NSFR, and stress testing scenarios.
• Define data mapping and validate cash flows, ALM outputs, and risk metrics.
• Perform reconciliation between source systems and OFSAA outputs.
• Lead functional testing, UAT, and system walkthroughs.
• Develop test cases and validate OFSAA calculations and outputs.
• Drive end‑to‑end functional delivery across project lifecycle.
• Coordinate with business, technical, and offshore teams.
• Manage timelines, scope, and deliverables.
• Provide guidance on balance sheet optimization and risk mitigation.
• Recommend industry best practices in ALM and risk management.
• Prepare BRD, FSD, process flows, and data mapping documents.
• Analyze and resolve issues in ALM calculations and data flows.
• Perform root cause analysis and support production issues

Requirements

• Hands‑on experience with OFSAA ALM module (Functional)
• Expertise in IRRBB / PRRBB frameworks
• Good understanding of banking products (loans, deposits, derivatives)
• Experience in ALM methodologies (Gap, Duration, EaR, EVE)
• Knowledge of Liquidity Risk (LCR, NSFR)
• Strong stakeholder management and communication skills