# OFSAA IFRS 9 Functional Consultant (LLFP)

**Company:** [Unison Group](https://jobs.workable.com/companies/deKpPhPMtQZga7XoPG1tSo.md)
**Location:** Delhi, India
**Workplace:** on site
**Department:** Jonali

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## 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.
