Job Description

Job Title: Oracle OFSAA Architect

Location: Chicago, IL

Position Summary:

We are seeking a highly skilled Oracle OFSAA Architect to lead implementation projects within our fast-growing Oracle Solutions Practice (OSP). The ideal candidate will have extensive experience in Oracle Financial Services Analytical Applications (OFSAA) and a proven track record of delivering high-quality regulatory reporting solutions.

Responsibilities

· Lead end-to-end OFSAA implementation projects, from data ingestion to regulatory reporting.

· Assess and detail regulatory reporting business requirements, including calculations and transformation needs specific to OFSAA.

· Build and configure OFSAA modules, including GL Recon, OFSI, FSDF, and CAP, to align with client-specific Basel III and Large Exposure framework needs.

· Manage requirements gathering, business/gap analysis, solution design, and documentation for OFSAA projects.

· Ensure compliance with industry standards and regulatory frameworks, including OSFI, EBA, and CRA.

· Collaborate with diverse teams to optimize data lineage and transformation processes.

· Provide insights on accounting processes, accounting events, and regulatory requirements to support accurate configuration and reporting.

· Conduct fit-gap assessments from an OFSAA solution/FSDF perspective.

Required Qualifications

· Overall experience of 10+ years in Oracle Financial Services Analytical Applications (OFSAA).

· Implementation experience on OFSAA modules such as OFSAA Financial Solution Data Foundation, OFS Financial Accounting and Reporting Standards, Comprehensive Capital Analysis and Review (CCAR), and Current Expected Credit Loss (CECL).

· Strong knowledge of OFSAA architecture and metadata management framework (Hierarchies, datasets).

· Proficiency in data modeling using the Erwin tool, data migration activities, and Slowly Changing Dimension (SCD) components.

· Expertise in building T2T (Table to Table) and data transformations in OFSAA.

· Extensive knowledge in creating Oracle Packages, Procedures, Functions, Views, Triggers, and Queries using Oracle SQL-PL/SQL.

· Experience in database design, performance tuning, development, and integration using OFSAA modules.

· Strong analytical and communication skills.

· Experience with agile project methodology.

Preferred Qualifications

· At least one end-to-end project execution experience in OFSAA solution.

· Axiom coding experience.

· Knowledge in OAC, OBIA, OBIEE, ODI.

Applications will be accepted until 04/10/2025

Salary and Other Compensation :

· The annual salary for this position is between $138,000/Year to $162,000/Year depending on the experience and other qualifications of the candidate.

· This position is also eligible for Cognizant’s discretionary annual incentive program and stock awards, based on performance and subject to the terms of Cognizant’s applicable plans.

· Benefits: Cognizant offers the following benefits for this position, subject to applicable eligibility requirements:

· Medical/Dental/Vision/Life Insurance

· Paid holidays plus Paid Time Off

· 401(k) plan and contributions

· Long-term/Short-term Disability

· Paid Parental Leave

· Employee Stock Purchase Plan

· Disclaimer: The salary, other compensation, and benefits information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.

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