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OFSAA Technical Consultant

Cognizant

5 - 10 years

Bengaluru

Posted: 27/10/2025

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Job Description

Job Summary

Join our team as a Technical Lead 5-12 Yrs where you will leverage your expertise in OFSAA to drive impactful solutions in reconciliation risk management and profitability. With a hybrid work model you will collaborate with cross-functional teams to enhance financial systems and processes. Your contributions will play a vital role in optimizing our financial operations and ensuring compliance with regulatory standards.


Responsibilities

  • Lead the design and implementation of OFSAA solutions to enhance reconciliation and risk management processes.
  • Oversee the development and deployment of OFSAA frameworks to ensure accurate financial reporting and compliance.
  • Provide technical expertise in OFSAA Reconciliation Framework to streamline financial operations.
  • Collaborate with stakeholders to identify and address system inefficiencies and improve profitability management.
  • Develop and maintain OFSAA Basel Regulatory solutions to meet evolving compliance requirements.
  • Ensure seamless integration of OFSAA solutions with existing financial systems.
  • Support the operational risk and compliance team by implementing robust OFSAA solutions.
  • Analyze financial data to provide insights and recommendations for process improvements.
  • Coordinate with cross-functional teams to ensure alignment of OFSAA solutions with business objectives.
  • Monitor system performance and implement enhancements to optimize efficiency.
  • Provide training and support to team members on OFSAA functionalities and best practices.
  • Document technical specifications and maintain comprehensive records of system changes.
  • Stay updated with industry trends and advancements in OFSAA technologies to drive continuous improvement.


Qualifications

  • Possess strong technical skills in OFSAA Reconciliation Risk Management Credit and Profitability.
  • Demonstrate experience in OFSAA Reconciliation Framework and Basel Regulatory solutions.
  • Have a solid understanding of operational risk and compliance within OFSAA.
  • Experience in GL Accounting and Finance & Accounting is highly desirable.
  • Ability to work effectively in a hybrid work model and collaborate with diverse teams.
  • Strong analytical and problem-solving skills to drive impactful solutions.
  • Excellent communication skills to convey technical concepts to non-technical stakeholders.


Certifications Required

OFSAA Certification Financial Risk Manager (FRM) Certification

About Company

Cognizant is a global leader in technology and consulting services, helping businesses transform their operations through digital solutions. Specializing in IT services, including software development, business process outsourcing, and consulting, Cognizant supports clients across industries such as healthcare, financial services, manufacturing, and retail. With a focus on innovation, Cognizant assists organizations in modernizing their technology, improving operational efficiency, and enhancing customer experiences. Headquartered in the U.S., it is consistently ranked among the most admired companies in the world and is a member of the NASDAQ-100.

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