Other

OFSAA IFRS 9 Functional Consultant (LLFP)

Unison GroupDelhi, Delhi🇮🇳IndiaPosted 24 Aug 2026

Quick overview

SeniorityMid Senior

Work modeOn Site

LocationDelhi, Delhi, India

Posted2 months ago

OracleForecastingIFRSReconciliationStakeholder Management

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.

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.