Oracle

Senior Principal Consultant - OFSAA ERM Technical

Posted On

Oct. 13, 2025

Location

Bengaluru, Karnataka

Experience Level

Professional

Job Type

Permanent

Apply By

April 11, 2026

Job Description

About the Company/Team OFS Consulting is a team that implements Oracle Financial Services Analytical Application (OFSAA) products in various Tier 1, Tier 2, and Tier 3 banks and financial institutions. Our team has experience in deploying OFSAA product solutions for our clients on a global basis, with implementations across Asia Pacific, Africa, Americas, Middle East, and Europe.

Job Summary We are seeking a skilled ERM/EPM/IFRS17 Technical Consultant to join our team, with expertise in implementing OFSAA products, particularly in the Enterprise Risk Management (ERM), Enterprise Performance Management (EPM), and IFRS17 domains. The successful candidate will have experience in installing, configuring, and deploying ERM/EPM/IFRS17 solutions, including EPM applications like Profitability (PFT), Fund Transfer Pricing (FTP), Balance Sheet Planning (BSP), and GL-Recon, as well as ERM applications like Basel Regulatory Capital, CR, MR, ALM, Liquidity Risk, Economic Capital, and Operational Risk.

Key Responsibilities

Understand client functional and business team requirements and qualify the requirements as per the product functionality
Conduct workshops and trainings on the product functional scope
Take care of the technical delivery responsibility by delivering the mapping support, BRD preparation, support for configuration, testing, and rollout
Work on Agile/Water-Scrum-Fall based development methodology
Support the testing phase (System Testing, SIT, UAT, Production) and ensure quick turnaround of defect fixes

Qualifications & Skills

Mandatory:
- Graduate-level degree focused on Computer Science, Software Engineering, or Systems Engineering
- Hands-on experience in installing and configuring OFSAA ERM/EPM/IFRS17 and has worked with large implementation involving multi-country rollout
- Expert in PLSQL, Oracle DB concepts, various Webserver configurations (WebLogic, WebSphere, Tomcat, etc.), configuring LDAP, Schedulers like ControlM, etc.
- 6+ years of experience in OFSAA ERM/EPM/IFRS17 product implementation in a technical capacity or in similar products
Desired:
- Preferably an OFSAA ERM/EPM/IFRS17 Technical expert who has worked with large transformation projects
- Expert in Agile methodologies and has expertise in Oracle DB/PLSQL querying skills
- Strong knowledge in OFSAA ERM/EPM/IFRS17 application installation, migration, configuration independently
- Desire to get upskilled to the latest in functional areas like Machine Learning, Block Chain, etc. and implement them in the project
- Exposure to any of the following tools: Informatica, Datastage, Abinitio, Oracle BI Tools, SQL Server BI tool set, Business Objects, Cognos, ERWIN
- Good understanding of Databases (Oracle, DB2, Exadata)
- Working knowledge of job scheduling products such as AutoSys and ControlM
- Java, JSP, J2EE standards (studs) with Oracle database
- Knowledge of any of the Web Servers like WebSphere, WebLogic, etc.

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