Full-Time
Oracle Financial Services Loan Loss Forecasting and Provisioning IFRS 9 Functional Consultant
Unison Group
Digital transformation and technology
No salary listed
Delhi, India
In Person
 Solution Engineering (1) |
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- At least 4 years of experience with Oracle Financial Services Loan Loss Forecasting and Provisioning.
- Strong functional knowledge of International Financial Reporting Standard 9 impairment and Expected Credit Loss.
- Experience with Loan Loss Forecasting and Provisioning configuration and implementation.
- Good understanding of Stage 1, Stage 2, Stage 3, Significant Increase in Credit Risk, and Expected Credit Loss methodologies.
- Hands-on understanding of Probability of Default, Loss Given Default, Exposure at Default, and Effective Interest Rate.
- Experience in Loan Loss Forecasting and Provisioning testing, validation, reconciliation, and result analysis.
- Ability to understand business requirements and translate them into functional Oracle Financial Services solutions.
- Experience with System Integration Testing, User Acceptance Testing, implementation, and production support.
- Strong banking, credit risk, and International Financial Reporting Standard 9 domain knowledge.
- Analytical, communication, stakeholder management, and problem-solving skills.
- Provide functional expertise in Oracle Financial Services Loan Loss Forecasting and Provisioning and International Financial Reporting Standard 9 impairment solutions.
- Configure and implement Oracle Financial Services Loan Loss Forecasting and Provisioning based on business and regulatory requirements.
- Work on Expected Credit Loss calculations covering Stage 1, Stage 2, and Stage 3 exposures.
- Support Significant Increase in Credit Risk assessment and related International Financial Reporting Standard 9 impairment processes.
- Work with key credit risk parameters including Probability of Default, Loss Given Default, Exposure at Default, and Effective Interest Rate.
- Translate business requirements into functional specifications and Oracle Financial Services Loan Loss Forecasting and Provisioning solutions.
- Perform Loan Loss Forecasting and Provisioning testing, validation, reconciliation, and result analysis.
- Support System Integration Testing, User Acceptance Testing, defect resolution, and production implementation.
- Provide production support and troubleshoot functional issues related to Loan Loss Forecasting and Provisioning and International Financial Reporting Standard 9 calculations.
- Collaborate with business, risk, finance, technology, and data teams throughout implementation and enhancement initiatives.
- Prepare functional documentation, test scenarios, and solution specifications.
Unison Group is a digital transformation and technology services company helping enterprises modernize complex operations. Its work spans financial technology, risk and compliance, analytics, artificial intelligence, cloud platforms and related engineering services. The company serves banks, insurers, technology firms and other organizations operating in regulated or data-intensive environments. With teams and delivery activity across several international markets, Unison combines domain consulting with implementation capabilities designed to make enterprise systems more scalable, secure and ready for changing business requirements.
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