Job Title:  Consultant | OFSAA EPM | Mumbai | Oracle

Your potential, unleashed.

India’s impact on the global economy has increased at an exponential rate and Deloitte presents an opportunity to unleash and realise your potential amongst cutting edge leaders, and organisations shaping the future of the region, and indeed, the world beyond.

At Deloitte, your whole self to work, every day. Combine that with our drive to propel with purpose and you have the perfect playground to collaborate, innovate, grow, and make an impact that matters.

The team

Enterprise technology has to do much more than keep the wheels turning; it is the engine that drives functional excellence and the enabler of innovation and long-term growth. Learn more about ET&P

Your work profile

 
 As a Consultant in our Oracle Team you’ll build and nurture positive working relationships with teams and clients with the intention to exceed client expectations: -

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’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 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’s 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’s Balance Sheet and various products like loans, commitments, deposits, derivatives, etc

• Knowledge of Risk Management, Regulatory Compliance, and Financial Reporting – 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

Location and way of working

• Base location: Mumbai
• This profile involves occasional travelling to client locations OR this profile does not involve extensive travel for work.
• Hybrid is our default way of working. Each domain has customised the hybrid approach to their unique needs.

Your role as a Consultant

We expect our people to embrace and live our purpose by challenging themselves to identify issues that are most important for our clients, our people, and for society.

In addition to living our purpose, Consultant across our organization must strive to be:

• Inspiring - Leading with integrity to build inclusion and motivation
• Committed to creating purpose - Creating a sense of vision and purpose
• Agile - Achieving high-quality results through collaboration and Team unity
• Skilled at building diverse capability - Developing diverse capabilities for the future
• Persuasive / Influencing - Persuading and influencing stakeholders
• Collaborating - Partnering to build new solutions
• Delivering value - Showing commercial acumen
• Committed to expanding business - Leveraging new business opportunities
• Analytical Acumen - Leveraging data to recommend impactful approach and solutions through the power of analysis and visualization
• Effective communication – Must be well abled to have well-structured and well-articulated conversations to achieve win-win possibilities
• Engagement Management / Delivery Excellence - Effectively managing engagement(s) to ensure timely and proactive execution as well as course correction for

the success of engagement(s)

• Managing change - Responding to changing environment with resilience
• Managing Quality & Risk - Delivering high quality results and mitigating risks with utmost integrity and precision
• Strategic Thinking & Problem Solving - Applying strategic mindset to solve business issues and complex problems
• Tech Savvy - Leveraging ethical technology practices to deliver high impact for clients and for Deloitte
• Empathetic leadership and inclusivity - creating a safe and thriving environment where everyone's valued for who they are, use empathy to understand others to adapt our behaviours and attitudes to become more inclusive. 

How you’ll grow

Connect for impact

Our exceptional team of professionals across the globe are solving some of the world’s most complex business problems, as well as directly supporting our communities, the planet, and each other. Know more in our Global Impact Report and our India Impact Report.

Empower to lead

You can be a leader irrespective of your career level. Our colleagues are characterised by their ability to inspire, support, and provide opportunities for people to deliver their best and grow both as professionals and human beings. Know more about Deloitte and our One Young World partnership.

Inclusion for all

At Deloitte, people are valued and respected for who they are and are trusted to add value to their clients, teams and communities in a way that reflects their own unique capabilities. Know more about everyday steps that you can take to be more inclusive. At Deloitte, we believe in the unique skills, attitude and potential each and every one of us brings to the table to make an impact that matters.

Drive your career

At Deloitte, you are encouraged to take ownership of your career. We recognise there is no one size fits all career path, and global, cross-business mobility and up / re-skilling are all within the range of possibilities to shape a unique and fulfilling career. Know more about Life at Deloitte.

Everyone’s welcome… entrust your happiness to us                                            

Our workspaces and initiatives are geared towards your 360-degree happiness. This includes specific needs you may have in terms of accessibility, flexibility, safety and security, and caregiving. Here’s a glimpse of things that are in store for you. 

Interview tips

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