OFSAA - ALM Functional Consultant

AI overview

Support functional requirements and implementation activities for an ongoing ALM initiative, ensuring accurate configurations and reporting in collaboration with business and IT teams.

We are looking for an OFSAA ALM Functional Consultant to support functional requirements, analysis, and implementation activities for an ongoing ALM initiative in Riyadh. The role involves close collaboration with business stakeholders, IT teams, and implementation partners to ensure accurate ALM configurations and reporting.

Key Responsibilities:

  • Gather, analyze, and document functional requirements related to OFSAA Asset Liability Management (ALM).
  • Understand bank ALM processes including liquidity risk, interest rate risk, FTP, and balance sheet management.
  • Translate business requirements into OFSAA ALM functional specifications.
  • Support configuration, parameterization, and validation of OFSAA ALM modules.
  • Perform UAT support, scenario testing, and reconciliation of ALM outputs.
  • Coordinate with technical teams for data mapping, model setup, and issue resolution.
  • Prepare functional documents such as BRD, FRD, and test cases.
  • Support regulatory and management reporting requirements.

Required Skills & Qualifications:

  • Hands-on experience with OFSAA ALM module (Functional).
  • Strong understanding of banking ALM concepts (IRRBB, liquidity, FTP).
  • Experience in requirements gathering and functional documentation.
  • Exposure to UAT, validation, and reconciliation processes.
  • Good communication skills and ability to work with cross-functional teams.
  • Prior experience in banking or financial services projects is preferred

Unison Consulting was launched in Singapore on September 2012, the hub of the financial industry, with innovative visions in the technocratic arena. We are a boutique next-generation Technology Company with strong business-interests in Liquidity risk, Market Risk, Credit Risk and Regulatory Compliance. Unison provides technology consulting and services to implement Risk Management and Risk Analytics System for Financial Institutions. Our services suite comprises of Techno-Functional consulting, systems integration, Business Intelligence, information management, and custom development of IT solutions, plus project management expertise for financial institutions. We have expertise in latest cutting edge technology to achieve better total cost of ownership. Through our qualified professionals, we assist you drive your unique risk management strategies, whether that means efficient monitoring, improving risk appetite of the financial institutions, complying with regulations, or capturing growth opportunities through innovation, this is what maximizes your decision taking potential. At Unison Consulting, we view clients as partners, and our success is only measured by the success of our partners. So we put it all on the table in order to exceed expectations. Our staff consists of young, energetic and innovative consultants who are never afraid to challenge the conventions and push the boundaries in an effort to help our clients. For every project, no matter how large or how small, we strive to not only meet your needs, but deliver a showcase in your field.

View all jobs
Ace your job interview

Understand the required skills and qualifications, anticipate the questions you may be asked, and study well-prepared answers using our sample responses.

Consultant Q&A's
Report this job
Apply for this job