Job Description:Unison Group is looking for an experienced OFSAA ALM Functional Consultant to support the implementation and enhancement of Asset Liability Management solutions using Oracle Financial Services Analytical Applications (OFSAA). The consultant will collaborate closely with business and technical teams to ensure that ALM requirements are effectively captured, configured, and delivered to meet regulatory and risk management standards.Key Responsibilities: Lead and participate in functional design and configuration of OFSAA ALM modules, focusing on interest rate risk in the banking book (IRRBB) and liquidity risk management. Gather and analyze business requirements from treasury, risk, and finance stakeholders. Develop functional specifications and translate business requirements into technical designs. Define ALM assumptions, product hierarchies, repricing, and behavioral modeling parameters. Manage test planning, execution, and validation including functional testing and user acceptance testing (UAT). Support data validation, reconciliation between source systems and OFSAA ALM outputs. Assist in regulatory reporting and compliance related to liquidity and interest rate risk frameworks. Provide user support and training on OFSAA ALM functionalities. Collaborate with technical teams during system upgrades, patching, and issue resolution.RequirementsRequired Skills & Experience: Proven experience in functional consulting with OFSAA ALM module. Excellent communication, stakeholder management, and documentation skills. Ability to work collaboratively with cross-functional and technical teams. Prior experience in testing, data validation, and reconciliation related to ALM is preferred.
Job Description:
Unison Group is looking for an experienced OFSAA ALM Functional Consultant to support the implementation and enhancement of Asset Liability Management solutions using Oracle Financial Services Analytical Applications (OFSAA). The consultant will collaborate closely with business and technical teams to ensure that ALM requirements are effectively captured, configured, and delivered to meet regulatory and risk management standards.
Key Responsibilities:
- Lead and participate in functional design and configuration of OFSAA ALM modules, focusing on interest rate risk in the banking book (IRRBB) and liquidity risk management.
- Gather and analyze business requirements from treasury, risk, and finance stakeholders.
- Develop functional specifications and translate business requirements into technical designs.
- Define ALM assumptions, product hierarchies, repricing, and behavioral modeling parameters.
- Manage test planning, execution, and validation including functional testing and user acceptance testing (UAT).
- Support data validation, reconciliation between source systems and OFSAA ALM outputs.
- Assist in regulatory reporting and compliance related to liquidity and interest rate risk frameworks.
- Provide user support and training on OFSAA ALM functionalities.
- Collaborate with technical teams during system upgrades, patching, and issue resolution.
Requirements
Required Skills & Experience:
- Proven experience in functional consulting with OFSAA ALM module.
- Excellent communication, stakeholder management, and documentation skills.
- Ability to work collaboratively with cross-functional and technical teams.
- Prior experience in testing, data validation, and reconciliation related to ALM is preferred.
Unison Consulting was launched in Singapore on September 2012, the hub of the financial industry, with innovative visions in the technocratic arena. We are a boutique next-generation Technology Company with strong business-interests in Liquidity risk, Market Risk, Credit Risk and Regulatory Compliance.
Unison provides technology consulting and services to implement Risk Management and Risk Analytics System for Financial Institutions. Our services suite comprises of Techno-Functional consulting, systems integration, Business Intelligence, information management, and custom development of IT solutions, plus project management expertise for financial institutions.
We have expertise in latest cutting edge technology to achieve better total cost of ownership. Through our qualified professionals, we assist you drive your unique risk management strategies, whether that means efficient monitoring, improving risk appetite of the financial institutions, complying with regulations, or capturing growth opportunities through innovation, this is what maximizes your decision taking potential. At Unison Consulting, we view clients as partners, and our success is only measured by the success of our partners. So we put it all on the table in order to exceed expectations.
Our staff consists of young, energetic and innovative consultants who are never afraid to challenge the conventions and push the boundaries in an effort to help our clients. For every project, no matter how large or how small, we strive to not only meet your needs, but deliver a showcase in your field.
Unison Consulting was launched in Singapore on September 2012, the hub of the financial industry, with innovative visions in the technocratic arena. We are a boutique next-generation Technology Company with strong business-interests in Liquidity risk, Market Risk, Credit Risk and Regulatory Compliance.
Unison provides technology consulting and services to implement Risk Management and Risk Analytics System for Financial Institutions.
Our services suite comprises of Techno-Functional consulting, systems integration, Business Intelligence, information management, and custom development of IT solutions, plus project management expertise for financial institutions.
We have expertise in latest cutting edge technology to achieve better total cost of ownership. Through our qualified professionals, we assist you drive your unique risk management strategies, whether that means efficient monitoring, improving risk appetite of the financial institutions, complying with regulations, or capturing growth opportunities through innovation, this is what maximizes your decision taking potential.
At Unison Consulting, we view clients as partners, and our success is only measured by the success of our partners. So we put it all on the table in order to exceed expectations.
Our staff consists of young, energetic and innovative consultants who are never afraid to challenge the conventions and push the boundaries in an effort to help our clients. For every project, no matter how large or how small, we strive to not only meet your needs, but deliver a showcase in your field.
