Consulting Ofsaa Consultant Ifrs9 Job In Deloitte In Mumbai, India

• Active participation in end-to-end project delivery of large-scale banking projects
• Help businesses in scoping requirements and apprise business users of various solutions alternatives in order to set achievable requirements which meet business objectives
• Configuration of LLFP Module (IFRS9) Modules in OFSAA
• Work closely and collaboratively with development, testing, release, and project management
• Assist with urgent ad-hoc business requirements that may arise
• Develop an understanding of OFSAA data models and collaborate with the bank's/ Deloitte's technical team to rectify data-related issues
• Create and maintain documentation for various phases of the projects
• Assist project managers in creating various project and milestone trackers
• Conduct Proof of Concept for a given functionality in OFSAA
• Create functional specifications and technical designs to support the implementation of IFRS9 standards
• Develop and execute test cases to ensure the accuracy and completeness of the implementation
• Provide support during the UAT (User Acceptance Testing) phase
• Provide training and support to end-users on the use of the implemented solution
• Collaborate with cross-functional teams to ensure successful project delivery
• Maintain a good understanding of current and upcoming changes to accounting standards and regulatory requirements related to IFRS9

• BTech/BE, Master's in business administration (MBA) with specialization in finance or Banking or CA, PG in Statistics
• Global certifications such as FRM, PRM, CFA, and ACCA would be an added advantage

• Knowledge of Risk Management, Regulatory Compliance, and Financial Reporting - IFRS9(IndAS)
• Working knowledge of IFRS9 (IndAS), ECL, EIR, PD, LGD, EAD
• Basic understanding of Model development and Validations
• Risk management system knowledge/experience like OFSAA, SAS, Sungard etc.
  
  
• Understanding of Database, SQL, R/Python
• Understanding of the Bank's Balance Sheet and various products like loans, commitments, deposits, derivatives, etc
• Excellent communication and interpersonal skills
• Strong problem-solving and solution-development skills

• Loan loss forecast and provisioning (LLFP)
• International Financial regulatory standard (IFRS9)
• IndAS-109
• Expected Credit Loss (ECL)
• Effective Interest rate (EIR)
• PD Model Development, LGD Model Development
• Probability of Default (PD), Loss given default (LGD), Exposure at Default (EAD)

Deloitte is looking for Any Graduate / Post Graduate profile candidates.