ORACLE FINANCE-OFSAA Functional Consultant-Senior

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Job Title: OFSAA Functional Resource
Job Summary:
We are seeking a skilled and knowledgeable OFSAA Functional MBA Resource to join our team. The ideal candidate will have a strong background in financial services, a deep understanding of Oracle Financial Services Analytical Applications, and an MBA with a focus on finance, operations, or a related field. This role involves working closely with business stakeholders to implement and optimize OFSAA solutions, ensuring they meet the organization s financial and regulatory requirements.

Key Responsibilities:

• Implementation and Configuration:
• Lead and participate in the implementation of OFSAA solutions, including setup, configuration, and customization.
• Work with technical teams to ensure seamless integration with existing systems and data sources.
• Business Analysis and Requirement Gathering:
• Collaborate with business stakeholders to understand and document business requirements, translating them into functional specifications.
• Conduct gap analysis to identify areas where OFSAA solutions can improve business processes and reporting.

Solution Design:

• Design functional solutions using OFSAA to address business needs, ensuring alignment with industry best practices and regulatory requirements.
• Develop detailed design documents, including data models, process flows, and reporting structures.
  

Testing and Validation:

• Develop and execute test plans to ensure OFSAA solutions meet business requirements and function correctly.
• Conduct user acceptance testing (UAT) and address any issues or defects identified.
  

and Support:

• Provide training to end-users and stakeholders on OFSAA functionalities and features.
• Offer ongoing support and troubleshooting for OFSAA applications, addressing user queries and resolving issues promptly.

Project Management:

• Manage project timelines, deliverables, and resources to ensure successful implementation and delivery of OFSAA projects.
• Coordinate with cross-functional teams and stakeholders to ensure project objectives are met.

Regulatory Compliance:

• Ensure OFSAA solutions comply with relevant regulatory requirements and standards.
• Keep up-to-date with changes in financial regulations and assess their impact on OFSAA applications.

Qualifications:
Educational Background:

• MBA in Finance, Operations, Information Systems, or a related field.

Experience:

• Minimum of 4 to 8 years of experience in financial services, with a focus on financial analysis, risk management, or regulatory compliance.
• Proven experience in implementing and managing OFSAA solutions.

Technical Skills:

• Strong understanding of Oracle Financial Services Analytical Applications (OFSAA) modules, including profitability management, risk management, and regulatory reporting.
• Proficiency in SQL and database management systems.

Analytical Skills:

• Excellent analytical and problem-solving skills, with the ability to interpret complex data and develop actionable insights.

Communication Skills:

• Strong written and verbal communication skills, with the ability to effectively communicate technical concepts to non-technical stakeholders.
• Experience in preparing and delivering presentations to senior management.

Project Management:

• Demonstrated ability to manage projects, including planning, execution, and delivery, within specified timelines and budgets.

Preferred Qualifications:
Certifications:

• Certification in OFSAA or related Oracle applications.
• Project Management Professional (PMP) certification.

Industry Knowledge:

• In-depth knowledge of financial services industry regulations and standards, including Basel III, IFRS, and CECL.

Soft Skills:

• Strong interpersonal skills, with the ability to build and maintain relationships with stakeholders at all levels.
• Ability to work independently and as part of a team in a dynamic and fast-paced environment.

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