Senior Consultant | OFSAA ERM | Mumbai | Oracle

Deloitte

4+ yrs Mumbai Full Time Work from office
Deloitte logo
Posted : today
Actively hiring

Job description

Join a dynamic team as a Senior Consultant, specializing in OFSAA ERM, and drive significant transformation programs for banking clients. This role is perfect for experts in Risk Analytics and Regulatory Reporting, with a deep understanding of Basel III/IV and IFRS 9 frameworks. You will lead engagements at the nexus of Risk, Finance, Data, and Technology, spearheading enterprise-wide OFSAA implementations.

We are particularly interested in candidates who can join immediately or are serving notice periods, as this is a mandatory Work from Office position.

Responsibilities

Lead comprehensive OFSAA implementation, transformation, and optimization initiatives for Basel and IFRS 9. Engage directly with CXOs and senior leaders on critical regulatory and risk transformation projects. Shape solution architecture, functional design, and delivery governance across various OFSAA modules. Develop essential project documentation, including BRDs, FSDs, data models, and regulatory design frameworks. Translate intricate Basel (RWA, Capital Adequacy) and IFRS 9 (ECL, staging, impairment) requirements into functional system logic. Oversee SIT/UAT strategy, validation frameworks, and ensure regulatory sign-offs. Drive data strategy, data lineage, ETL processes, and robust reconciliation controls. Ensure strict adherence to RBI and global regulatory frameworks (Basel III/IV, IFRS 9). Cultivate strong client relationships, align stakeholders, and manage diverse delivery teams. Collaborate effectively with audit, risk, finance, regulatory bodies, and technology departments. Mentor junior team members and contribute to capability development within the practice.

Qualifications

A strong foundation with a CA, MBA (Finance), FRM, CFA, or an Engineering degree, coupled with substantial Risk & Finance expertise. Over 4 years of experience in Risk, Finance, Regulatory Reporting, or Banking Consulting. Proven hands-on experience in OFSAA implementation, with a preference for Basel and IFRS 9 modules. In-depth knowledge of Basel III/IV (RWA computation, credit risk, capital adequacy) and IFRS 9 (ECL modelling, staging, provisioning frameworks). Demonstrated success in leading large-scale transformation programs or consulting engagements. Solid understanding of data architecture, data quality management, and reconciliation frameworks. Experience interacting with regulators, auditors, and senior business stakeholders. Proficiency in SQL and data analysis. Exceptional leadership, stakeholder management, and communication abilities.

Essential Skills

OFSAABasel IIIIFRS 9Credit RiskRegulatory ReportingRisk AnalyticsSQLData AnalysisStakeholder ManagementLeadership

Good to Have

OFSAA BaselOFSAA IFRS 9OFSAA FSDFFRMCFAOracleModel ValidationStress TestingRisk AnalyticsAutomationCloud TransformationData Platforms

Highlights

  • Actively hiring

More Details

RoleSenior Consultant | OFSAA ERM | Mumbai | Oracle
IndustryBanking, Financial Services, Management Consulting
DepartmentConsulting, Risk Management
Employment TypeFull Time, Work from office

About the Company

Deloitte logo

Deloitte

Banking

Senior Consultant | OFSAA ERM | Mumbai | Oracle at Deloitte | SkillMX | SkillMX