Oracle OFSAA – Technical Consultant - Enterprise Risk Management in Troy, Michigan

An experienced consulting professional who has a broad understanding of solutions, industry best practices, multiple business processes or technology designs within a product/technology family. Operates independently to provide quality work products to an engagement. Performs varied and complex duties and tasks that need independent judgment, in order to implement Oracle products and technology to meet customer needs. Applies Oracle methodology, company procedures, and leading practices.

Operates independently to provide quality work products to an engagement. Performs varied and complex duties and tasks that need independent judgment, in order to implement Oracle products and technology to meet customer needs. Applies Oracle methodology, company procedures, and leading practices. Demonstrates expertise to deliver functional and technical solutions on moderately complex customer engagements. May lead the solution design and implementation aspects of engagement(s) ensuring high quality, integrated software solutions within constraints of time and budget. May act as the team lead on projects, providing coaching, guidance and feedback to develop skills of team members. Effectively consults with management of customer organizations. Participates in business development activities. Develops and leads detailed solutions for moderately complex projects.

6-8 years of experience relevant to this position including 3-4 years consulting experience preferred. Undergraduate degree or equivalent experience preferred. Product or technical expertise relevant to practice focus. Ability to communicate effectively. Ability to build rapport with team members and clients. Ability to travel as needed.

Oracle is an Equal Employment Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, disability and protected veterans status or any other characteristic protected by law.

OFSAA Technical Consultant - Enterprise Risk Management


Oracle Financial Services Global Business Unit (FSGBU) is a world leader in providing IT solutions to the financial services industry. Oracle is the world s largest enterprise software vendor with 286,000 global customers and USD 22.4 billion in revenue. Oracle s customers include ten of the top ten global banks, ten of the top ten insurance companies, ten of the top ten securities firms, five of the top five mutual fund companies and four of the top five World stock exchanges. With the experience of delivering value-based IT solutions to over 840 financial institutions in over 130 countries, the FSGBU understands the specific challenges that financial institutions face: the need for building customer intimacy and competitive advantage through cost-effective solutions while, simultaneously, adhering to the stringent demands of a dynamic regulatory environment. Our solutions have the world's most comprehensive and contemporary banking applications and provide a technology footprint that addresses their complex IT and business requirements. The solutions include, but are not limited to: - Oracle FLEXCUBE : A complete Universal Banking Product suite for retail, consumer, corporate, investment and internet banking, consumer lending, asset management and investor servicing, including payments (SWIFTNet and SEPA). Since its launch in 1997, over 354 financial institutions in over 120 countries have chosen Oracle FLEXCUBE. - OFSAA: The Oracle Financial Services Analytical Applications Suite of Solutions for Governance, Risk and Compliance.


Seeking a Technical Consultant to implement Enterprise Risk Management solutions at our financial institution clients. Consultants shall become experts in Oracle s unique Financial Services Analytical Applications (OFSAA) and support our clients in their transformation initiatives including Risk management and Regulatory compliance. OFSAA consultants shall design and implement Oracle s industry leading products that are well suited to solving some of the unique issues that financial institutions face today. OFSAA Technical Consultants participate in multiple client implementation tasks. Reporting directly to the Project Manager, a TCN must work closely with both Technical and Functional subject matter experts, and other team members to successfully deploy OFSAA based applications.

Job Description:

  • Under senior management s direction - design, implement and deploy Oracle OFSAA ERM applications including Credit Risk, Liquidity Risk, Market Risk, Basel requirements utilizing Oracle s project management methodologies.

  • Use prior knowledge of financial services products and experience with the typical data elements required to craft OFSAA based solutions for medium-to-complex business requirements

  • Committed to high-quality and client service. Consistently deliver results and manage client expectations.

  • Clearly articulate and present solutions to client technical audiences.

  • Clearly articulate the data and technical process flow of ERM products to client audiences.

  • Ensure optimal design is used to configure ERM products.

  • Keep abreast of product and industry updates and engage with broader consulting team to share best practices and contribute to knowledge management.

  • Demonstrate ability to quickly learn new concepts, relate them to client issues and craft solutions.

  • Support all phases of deploying the OFSAA platform and applications at customer sites including initial installation, patches and upgrades, application configuration, user acceptance testing and go-live.

  • Interact with Functional and Technical Consultants to ensure the successful deployment of the OFSAA platform and applications.

  • Discuss and document configuration of client environment.

  • Adopt and contribute to OFSAA best practice methodologies for knowledge dissemination throughout the OFSAA Delivery organization.

  • Travel on some projects will be 100%.

Preferred Requirements:

  • Strong written and oral communication skills as well as strong written and oral communication skills in the language of the assigned country. The TCN must be able to clearly articulate AAI functionality and requirements to both clients and colleagues at all levels, from engineering staff to senior executive management.

  • Experience with UNIX (Solaris, Linux, AIX) operating systems, shell scripting and associated hardware platforms and peripherals.

  • Working knowledge of Oracle databases, data warehouse concepts and data modeling.

  • Working knowledge on middleware platforms Weblogic, WebSphere, Tomcat etc.

  • Extensive hands-on working knowledge on SQL, PL/SQL and application tuning

  • Understanding of dimensionality and normality database concepts.

  • Strong customer interaction skills and the ability to assess a client s IT processes and strategies. In addition, must be able to lead clients through the process of integrating the AAI platform in their operational environment.

  • Mature, self-starting, self-motivating, and capable of making decisions independently.

  • Prior implementation experience in OFSAA Risk products

  • Implementation experience with AAI legacy solutions (Reveleus, Mantas, Oracle Financial Manager)

  • Data modelling skills.

  • Working knowledge in OBIEE will be an added advantage.

  • Familiarity with ETL tools and OLAP concepts and tools.

  • Knowledge of the financial services industry.

  • Graduate or undergraduate level degree focused on Computer Science, Software Engineering or Systems Engineering.

  • Typical Activities

  • Participate in knowledge transfer workshops with client s IT staff to facilitate architectural and deployment decisions.

  • Participate in technical design activities to support configuration.

  • Participate in architecture discussion and propose best practices to implement OFSAA applications

  • Assess client environment and suggest OFSAA deployment approach

  • Platform and application configuration activities including:

o Data Sources, Stage Targets / FSDW Targets identification

o Data Mapping

o Record Count / Rolling History requirements

o Data Availability

o Data Reconciliation

o Data Correction procedures

o Data model changes in Erwin

o Business rules configuration

o Operations batch configuration

o OBIEE Report development/modification

  • Knowledge on sourcing data from data lake and Big data

  • Work with client s IT staff to build a job schedule.

  • Participate in Oracle's internal testing process.

  • Work with the business and technical consultants to implement OFSAA applications

  • Support client's acceptance phase to remediate identified issues.

  • Knowledge transfer to client on technical configuration

Job: *Consulting

Organization: *OFSS

Title: OFSAA – Technical Consultant - Enterprise Risk Management

Location: United States

Requisition ID: 17001HEC