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OFSAA FO (foreign office)

Join our Global consulting firm as an OFSAA FO (Foreign Office) specialist, where you will play a critical role in leveraging Oracle Financial Services Analytical Applications (OFSAA) to enhance our clients' financial operations. In this position, you will support foreign office operations by implementing and customizing OFSAA solutions, ensuring compliance with international standards and regulations.

Your expertise will help streamline our clients' financial processes, improve data accuracy, and provide strategic insights into their operations. This role requires a combination of technical proficiency in OFSAA and strong analytical skills to address complex financial challenges effectively.

Primary skills-

  • experience in Bank’s MIS and Regulatory reporting (ALM, Treasury, Credit Risk etc.)
  • Familiar with automation of reports and improving process.
  • Good knowledge on Balance-sheet and P&L
  • Hands-on with advanced excel.

Key Responsibilities:

  • Implement, configure, and customize OFSAA applications to meet the specific needs of foreign office operations.
  • Conduct requirement gathering sessions and collaborate with stakeholders to understand business needs and translate them into technical specifications.
  • Perform data analysis, validation, and troubleshooting to ensure data integrity and compliance with guidelines.
  • Provide support for existing OFSAA solutions, including troubleshooting issues and recommending enhancements.
  • Prepare documentation for system configuration, integrations, and user training.
  • Stay updated on industry trends, regulatory changes, and OFSAA product developments to ensure competitive solutions.
  • Collaborate closely with cross-functional teams to deliver integrated solutions that meet client requirements.

Required Qualifications:

  • Bachelor’s degree in Finance, Computer Science, Information Technology, or a related field.
  • 3+ years of experience with Oracle Financial Services Analytical Applications (OFSAA) or similar financing software.
  • Strong understanding of financial regulations and compliance requirements, particularly in an international context.
  • Proven experience in data analysis, reporting, and modeling techniques.
  • Excellent problem-solving skills and attention to detail.
  • Effective communication and interpersonal skills, with the ability to work collaboratively with various stakeholders.
  • Familiarity with SQL and data warehousing concepts is a plus.

Average salary estimate

$80000 / YEARLY (est.)
min
max
$70000K
$90000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About OFSAA FO (foreign office), Talent Worx

Join our Global consulting firm as an OFSAA FO (Foreign Office) specialist, where you will play a critical role in leveraging Oracle Financial Services Analytical Applications (OFSAA) to enhance our clients' financial operations. In this position, you will support foreign office operations by implementing and customizing OFSAA solutions, ensuring compliance with international standards and regulations. Your expertise will help streamline our clients' financial processes, improve data accuracy, and provide strategic insights into their operations. This role requires a combination of technical proficiency in OFSAA and strong analytical skills to address complex financial challenges effectively. You'll have hands-on experience with Bank’s MIS and Regulatory reporting, including ALM, Treasury, and Credit Risk, while also improving processes through report automation. A solid understanding of Balance-sheet and P&L is essential, along with advanced Excel skills to help drive your analyses. You will not only implement, configure, and customize OFSAA applications to address the unique needs of foreign office operations but also conduct requirement gathering sessions, perform data analysis, and provide vital support for existing OFSAA solutions. Prepare to stay updated on industry trends and collaborate with cross-functional teams to deliver integrated solutions that meet client requirements. If you're passionate about financial analytics and compliance and have a knack for problem-solving, we would love to hear from you!

Frequently Asked Questions (FAQs) for OFSAA FO (foreign office) Role at Talent Worx
What are the main responsibilities of an OFSAA FO (Foreign Office) specialist at our Global consulting firm?

As an OFSAA FO (Foreign Office) specialist, your primary responsibilities will include implementing, configuring, and customizing OFSAA applications tailored to the specific needs of foreign office operations. You will also conduct requirement gathering sessions with stakeholders, perform data analysis, and ensure compliance with international standards, thereby improving financial processes and data accuracy.

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What qualifications are required for the OFSAA FO position in our Global consulting firm?

Candidates for the OFSAA FO (Foreign Office) position should have a Bachelor’s degree in Finance, Computer Science, Information Technology, or a related field, along with at least 3 years of experience with Oracle Financial Services Analytical Applications (OFSAA) or similar financing software. Strong analytical skills and familiarity with financial regulations are critical to success in this role.

Join Rise to see the full answer
What skills are important for a successful OFSAA FO specialist at our Global consulting firm?

Successful OFSAA FO specialists should possess strong analytical skills, proficiency in OFSAA, and a deep understanding of financial reporting, compliance regulations, and data analysis. Additionally, hands-on experience with automation processes, advanced Excel, and effective communication skills are essential for collaborating with stakeholders and delivering value.

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How does the OFSAA FO role at our Global consulting firm contribute to client success?

The OFSAA FO role contributes to client success by streamlining financial operations and ensuring that financial data management aligns with international regulatory requirements. Your work in implementing and customizing OFSAA solutions will enhance the accuracy of data reporting and provide strategic insights that help clients make informed financial decisions.

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What is the importance of staying updated with industry trends as an OFSAA FO specialist?

Staying updated with industry trends is crucial for OFSAA FO specialists, as it enables you to provide competitive solutions while ensuring compliance with the latest regulatory changes. This knowledge not only enhances your expertise but also helps the firm deliver better services, ultimately benefiting our clients in managing their financial operations.

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Common Interview Questions for OFSAA FO (foreign office)
Can you explain your experience with Oracle Financial Services Analytical Applications (OFSAA)?

When answering this question, highlight specific projects where you implemented or customized OFSAA solutions. Include details about your responsibilities, the challenges faced, and the outcomes. Make sure to show your understanding of its features and how they apply to financial operations.

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What strategies do you use for data analysis and validation in financial reporting?

Discuss the tools and techniques you employ for data analysis, such as data modeling or validation techniques. Explain how these strategies improve data accuracy and compliance with financial regulations, emphasizing your attention to detail and problem-solving skills.

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How do you ensure compliance with international financial regulations in your projects?

In your response, outline your approach to understanding and keeping up to date with international financial regulations. Include examples where your compliance efforts directly influenced project success and minimized risk for clients.

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Can you describe a time when you had to troubleshoot an OFSAA implementation issue?

Provide a specific scenario demonstrating your troubleshooting process. Discuss the steps taken to identify the problem, the resolution implemented, and the ultimate impact on the project, showing your analytical and problem-solving capabilities.

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What tools or methodologies do you use for financial report automation?

Explain your experience with financial report automation tools and methodologies. Talk about specific tools you have worked with, the benefits of automation in the reporting process, and how it enhances efficiency and accuracy.

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How do you gather requirements from stakeholders for a new OFSAA implementation?

Describe your process for requirement gathering, including conducting interviews or workshops with stakeholders. Emphasize your communication skills and the importance of translating business needs into technical specifications.

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What financial reporting experience do you have, particularly with Balance-sheet and P&L?

Detail your experience with financial reporting, particularly how you have developed or analyzed Balance-sheet and P&L reports. Discuss any tools or software you've used and how your expertise contributes to informed financial decision-making.

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How do you handle tight deadlines when managing multiple projects?

Share your methods for prioritizing tasks effectively while maintaining quality. Provide an example of a time when you successfully met a deadline under pressure and how you managed your time and resources.

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What is your approach to collaborating with cross-functional teams?

Describe your collaboration strategy, emphasizing the importance of clear communication and mutual respect. Talk about experiences where effective teamwork led to successful project outcomes and enhanced client satisfaction.

Join Rise to see the full answer
How do you keep up with the latest trends in financial services and technology?

Discuss your methods for staying informed about industry trends, such as attending workshops, following relevant publications, or participating in professional networks. Explain how this knowledge is applied to your work as an OFSAA FO specialist.

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DATE POSTED
March 26, 2025

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