Oracle FCCM Consultant

Overview

We are looking for a seasoned Oracle FCCM / AML Functional Consultant possessing 5 to 6 years of expertise in financial crime and compliance management solutions. This role demands comprehensive hands-on experience in Oracle Financial Services Financial Crime and Compliance Management (FCCM) modules such as AML, KYC, Transaction Filtering, TBML, ERM, OFSCS, along with regulatory reporting.

The consultant will be accountable for deploying, configuring, integrating, and maintaining financial crime compliance software while collaborating closely with business units, regulatory teams, technology groups, and compliance stakeholders.

Key Responsibilities

• Design, implement, configure, and support Oracle FCCM solutions with respect to financial crime compliance needs.
• Engage with Anti-Money Laundering, Know Your Customer, Transaction Filtering, Trade-Based Money Laundering, and Enterprise Risk Management components within the FCCM framework.
• Set up and sustain Oracle Financial Services Cloud Services (OFSCS) and associated financial crime platforms.
• Create and manage regulatory reporting tools ensuring adherence to compliance standards.
• Interpret business and regulatory requirements to develop both functional and technical specifications.
• Configure AML detection scenarios, rule sets, thresholds, alerting mechanisms, case management workflows, and risk parameters for optimal compliance processes.
• Support activities related to transaction monitoring, sanctions screening, customer risk evaluation, and suspicious behavior identification.
• Facilitate integration of FCCM systems with core banking, payment gateways, customer databases, ERP systems, and other enterprise applications.
• Design and support ETL workflows involving customer data, accounts, transactions, and reference information.
• Manage data mapping, transformation, verification, reconciliation, and quality assurance processes.
• Troubleshoot issues linked to integration layers, data flows, application performance, and system operations.
• Participate actively in System Integration Testing (SIT), User Acceptance Testing (UAT), regression analyses, defect management, deployments, and production support.
• Prepare detailed documentation including functional and interface specifications, mapping charts, test plans, and operational guides.
• Collaborate effectively with compliance teams, business users, data analysts, integration experts, and technical stakeholders.
• Maintain and upgrade AML/KYC and financial crime compliance solutions in line with regulatory changes and enhancements.

Required Skills and Experience

• Minimum of 5 to 6 years in financial crime detection, AML, banking technology, or compliance software.
• Proven expertise in Oracle FCCM implementations and support.
• Familiarity with AML, KYC, TBML, ERM, transaction filtering, sanctions screening, OFSCS, and regulatory reporting processes.
• Deep understanding of compliance workflows, including alert generation, case investigation, and risk assessment.
• Experience with system integration and interfacing across enterprise applications.
• Solid knowledge of ETL concepts involving data extraction, transformation, and loading along with reconciliation mechanisms.
• Competence in data mapping and integration between financial source systems and FCCM platforms.
• Working knowledge of SQL and database management for effective data analysis and troubleshooting.
• Exposure to interfaces such as APIs, web services, batch or file-based integrations is advantageous.
• Understanding of banking products, customer account models, transactional processes, and financial data structures.
• Familiarity with Agile or equivalent software delivery methodologies.

Preferred Qualifications

• Bachelor's degree in Computer Science, IT, Finance, Banking, or related field.
• Oracle Financial Services or FCCM certification is beneficial.
• Experience with banking or financial services domain projects.
• Knowledge of global AML/KYC frameworks and regulatory reporting standards.
• Track record of end-to-end Oracle FCCM lifecycle involvement including implementation, upgrades, and support.

Core Competencies

• Strong analytical and problem-solving abilities.
• Excellent understanding of financial crime and compliance workflows.
• Adept at translating complex regulatory and business requirements into technical solutions.
• Effective communication and stakeholder engagement capabilities.
• Competency in working across functional, technical, data, integration, and compliance teams.
• Well-developed documentation and troubleshooting skills.