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Ofsaa Jobs in Edison, NJ (NOW HIRING)

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What is an OFSAA?

An OFSAA (Oracle Financial Services Analytical Applications) job typically involves working with Oracle's suite of financial analytics software to help banks and financial institutions manage risk, compliance, and performance. Professionals in this role configure, implement, and maintain OFSAA modules for regulatory reporting, risk management, and financial planning. They often work with data modeling, ETL processes, and SQL to integrate and analyze financial data. Strong knowledge of banking regulations, finance, and Oracle technologies is essential for this role.

What are the typical responsibilities and challenges faced by professionals working in OFSAA roles?

Professionals working in OFSAA roles are often responsible for implementing, configuring, and maintaining Oracle Financial Services Analytical Applications to support financial reporting and risk management. They routinely analyze large data sets, ensure data quality and compliance with regulatory standards, and collaborate with business and technical teams to customize solutions. Common challenges include staying up to date with evolving regulatory requirements, managing complex data integration tasks, and troubleshooting technical issues. This role usually involves working in a team environment with analysts, developers, and business users, offering excellent opportunities for career advancement in the financial technology sector.

What are the key skills and qualifications needed to thrive in the OFSAA position, and why are they important?

To thrive in an OFSAA (Oracle Financial Services Analytical Applications) role, one needs a solid foundation in financial services business processes, data analytics, and strong proficiency in Oracle applications, ideally with a degree in finance, information technology, or a related field. Experience with tools such as OFSAA, SQL, Oracle databases, and relevant certifications like Oracle OFSAA certification are highly valued. Analytical thinking, problem-solving ability, attention to detail, and effective communication are key soft skills in this position. These competencies are crucial for successfully implementing and supporting complex financial analytics systems, ensuring regulatory compliance, and delivering actionable insights to financial institutions.

What job categories do people searching Ofsaa jobs in Edison, NJ look for?

The top searched job categories for Ofsaa jobs in Edison, NJ are:

What cities near Edison, NJ are hiring for Ofsaa jobs?

Cities near Edison, NJ with the most Ofsaa job openings:

Ofsaa jobs near you
Infographic showing various Ofsaa job openings in Edison, NJ as of August 2026, with employment types broken down into 73% Full Time, and 27% Contract. Highlights an 68% Physical, 4% Hybrid, and 28% Remote job distribution.

OFSAA developer - Oracle Financial Services Analytical Applications

Jersey City, NJ • On-site

Adept Solutions Inc.
See more jobs at Adept Solutions Inc.external

Contractor

Re-posted 11 days ago

Job description

Job Description

The OFSAA developer will be part of a development team implementing profitability solution using OFSAA

Key responsibilities:

- Configuration of rules for cost and revenue allocation in OFSAA for profitability calculation. Configure FTP rules in OFSAA. Write T2Ts to transform data. Develop procedure using PL/SQL. Understand business requirements and implement technical solution within OFSAA in an efficient way. Test OFSAA configurations and fix defects as appropriate.

- Troubleshoot technical issues by analyzing OFSAA log files and fixing the issues.

- Understand complex SQL queries, analyze data related issues and identify root cause of issues / defects. Develop and implement performance optimal system.

- Maintain the end-to-end OFSAA batch and provide technical support.

Major responsibilities include:

- Production support of OFSAA, this includes batch runs and minor development requests to fix defects as required.

- Troubleshoot technical issues by analyzing OFSAA log files and fixing the issues. Analyze data related issues and identify root cause of issues / defects.

- Develop rules for cost and revenue allocations in OFSAA including configuring FTP rules and writing T2Ts to transform data. Develop adhoc procedures using PL/SQL.

- Testing in support of projects and creation of project artifacts as required by project life cycle.

Qualifications

Qualifications:

- 5+ years of Hands-on experience in OFSAA v6.1 Profitability, FTP and GL Reconciliation modules.

- Good expertise in configuring allocation rules in OFSAA for cost allocation and revenue allocation for profitability management.

- Good expertise in configuring Transfer pricing rules in OFSAA FTP module.

- Good expertise in building T2T (Table to Table) transformations in OFSAA.

- 3+ years of expertise in developing forms with the help of OFSAA forms framework.

- 6+ years of experience writing and debugging complex SQL queries and Stored Procedures in Oracle database.

- In-depth understanding of Dimensions, hierarchies and attributes as it applies to OFSAA profitability modules.

- In-depth understanding of Data Warehousing concepts and dimensional modeling.

- Good understanding of functional aspects of profitability calculations.

- Working knowledge of OFSAA Run-Rule framework as it applies to Credit Risk application is a plus.

- 6+ years of experience working in the financial industry. Flexible in managing competing priorities and objectives.

Additional Information

All your information will be kept confidential according to EEO guidelines.

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