Consulting Ofsaa Manager Credit Risk
Year Mumbai, Maharashtra, India
Job Description
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Job requisition ID :: 53141
Date: Mar 27, 2023
Location: Mumbai
Designation: Manager
Entity: Deloitte Touche Tohmatsu India LLP
Job Title: Credit Risk/Market Risk, Oracle OFSAA \xe2\x80\x93 Basel Module Location: Mumbai Experience: 1-10 years Designation: Analyst/Consultant/Sr Consultant/ Manager
Notice period: Any
Key Responsibilities
- 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 Basel Module 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\xe2\x80\x99s/ Deloitte\xe2\x80\x99s 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 Basel guidelines
- 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 Basel III/IV
Educational Qualifications
- B.Tech/BE, Master\xe2\x80\x99s in business administration (MBA) with specialization in finance or risk or CA, PG In Statistics
- Industry certifications such as FRM, PRM, CFA and ACCA would be an added advantage
Key Competencies and Skills
- Excellent communication and interpersonal skills
- Strong problem-solving and solution-development skills
- Proficiency in working with Microsoft Office tools
- Understanding of the Bank\xe2\x80\x99s Balance Sheet and various products like loans, commitments, deposits, derivatives, etc
- Knowledge of Risk Management, Regulatory Compliance, and Financial Reporting \xe2\x80\x93 BASEL III/IV
- Working knowledge of Basel III/IV
- Basic understanding of Model development and Validations.
- Risk management system knowledge/experience like OFSAA, SAS, Sungard etc.
- Understanding of Database, SQL, R/Python
Keywords for OFSAA Basel Module
- Credit Risk, Credit RWA, Market RWA, Capital computation, Market risk
- Capital Adequacy ratio (CAR)
- Economic Capital
- RAROC (Risk-adjusted return on capital)
- Standardized approach, Internal rating-based Approach (IRB), Foundation Internal rating-based approach (FIRB), Advanced Internal rating-based Approach (AIRB), VaR computation, Value at risk,
- PD Model Development, LGD Model Development, EAD Model development
- Probability of Default (PD), Loss given default (LGD), Exposure at Default (EAD)
- Counterparty credit risk (CCR)
- Stress Testing
- Enterprise risk management
Few Additional Points for the Manager Role:
- Lead and manage large-scale implementation projects for clients in various industries, ensuring the project is delivered on-time, within scope, and within budget.
- Develop project plans, including timelines, budgets, and resource allocation, and manage project risks and issues throughout the project lifecycle.
- Collaborate with cross-functional teams, including technical architects, business analysts, developers, and quality assurance teams, to ensure project success.
- Communicate project status and progress to all stakeholders, including project team members, clients, and senior management.
- Manage project change requests, scope changes, and ensure that project requirements are documented, tracked, and met.
- Develop and maintain positive relationships with clients, ensuring that project expectations are met and client satisfaction is achieved.
- Identify and manage project dependencies and critical paths, ensuring that all deliverables are completed on time and within budget.
- Ensure that all project deliverables meet quality standards and client requirements.
- Project Management Professional (PMP) certification is preferred
- Experience in managing complex and multi-stakeholder projects, with strong analytical and problem-solving skills.
- Strong leadership and team management skills, with the ability to motivate and lead cross-functional teams.
- Strong leadership and team management skills, with the ability to motivate and lead cross-functional teams.
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Job Detail
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Job IdJD3048041
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IndustryNot mentioned
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Total Positions1
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Job Type:Full Time
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Salary:Not mentioned
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Employment StatusPermanent
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Job LocationMumbai, Maharashtra, India
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EducationNot mentioned
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ExperienceYear