Francisco joined our newly formed Credit Rating Analytics team to validate all models built or bought for use by DEPFA. There was no formal validation role before and Francisco built up much of the unit from scratch. Working with Mercer Oliver Wyman he put in place a detailed rule book of all the tests and procedures needed to fulfill the role. In addition Francisco, using external default data, tested a number of methodologies as set out in academic and professional papers for deriving and mapping probability of default scale for the rating model. Francisco understood that while the methods/statistics tools he used were sometimes complex and advanced his core audience for the results in senior management did not have a mathematical background. Consequently he successfully reflected that asymmetry in his style of writing to make the results understandable to all. As with all Francisco's work he is highly meticulous in his research, testing every aspect of the results, intelligent in his analysis and hungry to learn more diving into every new task undaunted by the challenge. Later, he was given over large parts of the Basel-2 project to manage/oversee. In which capacity he introduced new systems, completed procedures, rebuilt and tested models, overseeing and coordinating work between Credit Risk Management, IT, Risk Management Office and various other interested groups. He always made himself available to other departments and colleagues to help out with his technical knowledge and experience in the analysis of structure transactions. Working with Francisco was a positive rewarding experience from which you could not help but learn.

Francisco joined our newly formed Credit Rating Analytics team to validate all models built or bought for use by DEPFA. There was no formal validation role before and Francisco built up much of the unit from scratch. Working with Mercer Oliver Wyman he put in place a detailed rule book of all the tests and procedures needed to fulfill the role. In addition Francisco, using external default data, tested a number of methodologies as set out in academic and professional papers for deriving and mapping probability of default scale for the rating model. Francisco understood that while the methods/statistics tools he used were sometimes complex and advanced his core audience for the results in senior management did not have a mathematical background. Consequently he successfully reflected that asymmetry in his style of writing to make the results understandable to all. As with all Francisco's work he is highly meticulous in his research, testing every aspect of the results, intelligent in his analysis and hungry to learn more diving into every new task undaunted by the challenge. Later, he was given over large parts of the Basel-2 project to manage/oversee. In which capacity he introduced new systems, completed procedures, rebuilt and tested models, overseeing and coordinating work between Credit Risk Management, IT, Risk Management Office and various other interested groups. He always made himself available to other departments and colleagues to help out with his technical knowledge and experience in the analysis of structure transactions. Working with Francisco was a positive rewarding experience from which you could not help but learn.

Francisco joined our newly formed Credit Rating Analytics team to validate all models built or bought for use by DEPFA. There was no formal validation role before and Francisco built up much of the unit from scratch. Working with Mercer Oliver Wyman he put in place a detailed rule book of all the tests and procedures needed to fulfill the role. In addition Francisco, using external default data, tested a number of methodologies as set out in academic and professional papers for deriving and mapping probability of default scale for the rating model. Francisco understood that while the methods/statistics tools he used were sometimes complex and advanced his core audience for the results in senior management did not have a mathematical background. Consequently he successfully reflected that asymmetry in his style of writing to make the results understandable to all. As with all Francisco's work he is highly meticulous in his research, testing every aspect of the results, intelligent in his analysis and hungry to learn more diving into every new task undaunted by the challenge. Later, he was given over large parts of the Basel-2 project to manage/oversee. In which capacity he introduced new systems, completed procedures, rebuilt and tested models, overseeing and coordinating work between Credit Risk Management, IT, Risk Management Office and various other interested groups. He always made himself available to other departments and colleagues to help out with his technical knowledge and experience in the analysis of structure transactions. Working with Francisco was a positive rewarding experience from which you could not help but learn.