OFSAA IFRS 9 Functional Consultant (LLFP)
Unison Group · unison.io
Delhi
The job in short
IFRS 9 functional consulting for financial software.
OracleBanking
Details
- Found
- 22 d ago · posted 2026-08-24
- Location as listed
- Delhi, Delhi, India
- Role
- Technology Consultant
- Source
- The company’s own careers site
Full description
• 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.