OFSAA ALM Functional Consultant - Banking Risk & ALM

Unison Group; Riyadh; On-site; SAR 300,000 - 520,000; Full time

Job summary

Unison Group is seeking an experienced Functional Consultant – EPM (OFSAA ALM) to lead functional design and implementation of Asset Liability Management solutions in banking. The role requires hands-on OFSAA ALM experience, strong domain knowledge in risk management, and the ability to translate business needs into practical functional designs.

The successful candidate will drive design, configuration, data validation, and regulatory reporting, collaborating with Treasury, Risk, and Finance

Qualifications

• 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.

Responsibilities

• Lead Business Solution Design for OFSAA ALM solutions.
• Gather requirements with Treasury, Risk, and Finance teams and workshop stakeholders.
• Define product hierarchies, assumptions, and repricing rules for ALM.
• Ensure regulatory and risk reporting for IRRBB, LCR, NSFR, and stress testing.
• Define data mapping and validate cash flows, ALM outputs, and risk metrics.
• Lead testing, UAT, and validation of OFSAA calculations and outputs.
• Drive end-to-end functional delivery across project lifecycle.
• Provide advisory on balance sheet optimization and risk mitigation.
• Prepare BRD, FSD, process flows, and data mapping documents.
• Analyze and resolve issues in ALM calculations and data flows.

Skills

OFSAA ALM expertise

IRRBB/PRRBB frameworks

Stakeholder management

ALM methodologies

Data validation

Tools

OFSAA ALM module

Job description

Unison Group is seeking an experienced Functional Consultant – EPM (OFSAA ALM) to lead functional design and implementation of Asset Liability Management solutions in banking. The role requires hands-on OFSAA ALM experience, strong domain knowledge in risk management, and the ability to translate business needs into practical functional designs.

The successful candidate will drive design, configuration, data validation, and regulatory reporting, collaborating with Treasury, Risk, and Finance