Senior Consultant | OFSAA ERM | Mumbai | Oracle
Deloitte
Deloitte
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.
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.
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.
Deloitte
Banking