As long as you have access from the OTV appliance to the SVM management LIF it should work.
One thing I've seen is that in different versions of ONTAP the default vsadmin account may not work with OTV. So for that reason I always recommend configuring an SVM account using the included JSON file that you can download from the OTV appliance.
Keep in mind that a few things won't fully work without cluster-scoped credentials. Like optimal LIF placement (it can't see the physical node anymore), autosupport (not all that useful with OTV 9.x anyway), and vVols (requires cluster-scoped credentials with OTV 9).