OFSAA - IFRS9 Functional Consultant

Job Summary:

Seeking an experienced OFSAA IFRS9 Functional Consultant with expertise in Loan Loss Forecasting & Provisioning (LLFP), Expected Credit Loss (ECL) calculations, staging assessment, and regulatory compliance.

Key Responsibilities:

• Gather and analyze IFRS9 business requirements.
• Configure OFSAA LLFP and IFRS9 modules.
• Define ECL methodologies and impairment calculations.
• Support Stage 1, Stage 2, and Stage 3 classifications.
• Validate Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models.
• Conduct UAT and business validation.
• Liaise with Risk, Finance, and Regulatory teams.
• Ensure compliance with IFRS9 accounting standards.

Required Skills:

• OFSAA IFRS9
• LLFP (Loan Loss Forecasting & Provisioning)
• ECL Calculations
• Credit Risk Management
• PD, LGD, EAD Models
• Financial Accounting & Reporting

Preferred Skills:

• Regulatory Reporting
• Basel and Risk Management knowledge