Experience

Facit Bank

• Denmark
• Banking
• 1 - 100 Employee

• Kreditchef

  • Apr 2023 - Present



Ikano Bank

• Sweden
• Banking
• 700 & Above Employee

• Senior Credit Analyst

  • Feb 2022 - Mar 2023



Basisfinans A/S (tidl. Basisbank A/S)

• Denmark
• Banking
• 1 - 100 Employee

• Kreditchef

  • Jun 2019 - Jan 2022



Nordea Finans Danmark

• Taastrup, Denmark

• Chief Expert

  • Sep 2018 - May 2019



Express Bank

• Denmark
• Banking
• 1 - 100 Employee

• Nordic Risk Director

  • Jun 2014 - Aug 2018

  Accountabilities Responsible for bad debt performance, efficiency of scoring solutions and systems, and best practice credit vetting procedures. Results • Implementation of best practice monitoring of "new on book" customers, reaching agreed risk appetite regarding the credit quality of the loan portfolio, balancing the trade-off between perceived market needs and necessary credit standards. • Development and implementation of a behaviour scoring infrastructure for campaign activities and granting towards existing customers. • Reaching agreed bad debt budget during significant sales increase. Ensuring bad debt performance on campaign activities during a single years increase of xxx MDKK in disbursed loans originating from these activities. • Leading a turn-around project regarding the granting process used on the Norwegian market, leading to a significant increase of xxx percent in approved and boarded loan applications while simultaneously increasing the credit quality of new boarded loan applications, and stabilizing observed dynamic delinquencies at an agreed low level, a reduction by more than 50 percent. • Leading the successful due diligence and succeeding purchase and migration of four acquired portfolios covering a balance of xxx MDKK. Performed subsequently successful reconciliations towards Finance. • Transformed the collection strategy in Denmark by performing a tender process with regards to the entire litigation portfolio, closing a sale of the litigation portfolio with an outstanding balance of x.xxx MDKK. Closed a "new to collection" forward flow agreement with a Debt Collection Agency in Denmark and renegotiated an existing Norwegian agreement. • Improved the credit granting infrastructure to facilitate fully automated processes by limiting policy referrals and by means of implementing an automated TaxFolder (eSkat) solution. • Responsible for the Risk work stream in relation to the Due Diligence and later acquisition of a niche bank in Sweden. Show less



Coop Bank A/S

• Denmark
• Banking
• 1 - 100 Employee

• Chief Credit Officer

  • Aug 2013 - May 2014

  Accountabilities Responsible for portfolio performance, defining credit policy standards and the implementation of a Credit Risk governance infrastructure. Results Participated in the start-up of Coop Bank and accountable for the credit policy and for defining credit granting standards in order to reach agreed risk appetite as discussed and reported to Board. Responsible for defining needed credit standards in order to acquire an existing credit portfolio of Coop customers at another financial provider. Designed the credit granting infrastructure and performed resulting modifications to the Credit Decision Engine - NBSM delivered by Experian - in order to fully automate the granting process. Redefined the existing arrears process to be based on delinquency status and described automation opportunities in these processes for further IT enhancements. Defined and implemented a model based provision process based on customer delinquency status and relevant customer block codes. Show less



Ikano Bank

• Sweden
• Banking
• 700 & Above Employee

• • 2008 - Jul 2013

  AccountabilitiesCredit and Operational Risk responsible on the B2C and B2B area, covering 10 distinct geographical markets - Denmark, Sweden, Norway, Finland, Germany, Austria, Poland, UK, The Netherlands and Russia.Results• Responsible for the "Risk work stream" (Credit and Operational risk) in a centralized governed project of merging the Nordic B2B and B2C entities, leading to the formation of Ikano Bank SE. • Formed and Chair the Central Credit Committee with significant influence on the approval of larger single credit exposures and retailers / products, and granting a max credit mandate to local entities.• Implementation - during the financial crisis - of a uniform Portfolio Quality Report and Scorecard Monitoring package throughout Business Area Finance to ensure that portfolio quality developed according to agreed credit appetite and strategy. Implemented strict control regarding the local credit mandate on poor performing sub-portfolios.• Ensured and achieved mitigating risk awareness in local and aggregated portfolios by focusing on a spread on industries and geographical concentration. While doing so I agreed with the local entities on a set of granting principles and guidelines which were formalized in local policies. • Leading a cross country Risk forum within Business area Finance with the ambition to perform knowledge sharing regards credit standards and monitoring, and to exchange insight on recent country specific developments and opportunities.• Transforming the collection strategy on Sweden, Norway and Finland by entering into forward flow sales agreements with local Debt Collection Agencies, selling new to collection accounts on a monthly basis. Sale of existing litigation portfolios in Denmark, Norway, Sweden and Finland.• Leading the risk stream regarding the acquisition of a large retail card and loan portfolio in Sweden, Norway and Denmark, purchasing an existing portfolio balance of x.xxx MDKK. Show less

• • 1998 - 2008

  AccountabilitiesAccountable for bad debt performance and efficient automated scoring solutions. From August 2004 also Head of Credit in Finland. In August 2006 the responsibility was extended to cover the Operations department, covering the teams credit acquisition, customer service and collection, a total of 30 employees.Results• Successful migration of several acquired portfolios, covering up-front analysis of portfolio quality, pricing and card issuance. • Ensuring agreed credit performance while managing the delicate trade off between market requirements and necessary credit standards. • Leading the risk stream in the migration to a new card processing platform, ensuring data integrity and reconciliation towards Finance during the final migration. • Development of an Early Warning system on international credit card transactions, and extending an existing authorization system to cover Visa transactions. Member of the central Ikano Financial Management credit card team, defining cross-country credit card management standards.• Developing portfolio monitoring standards used for reporting of portfolio quality to the Credit Committee and Board. • Successfully leading both the Operations and Credit Risk departments during an almost two years period. • Successfully re-implemented a behaviour scoring infrastructure used for campaign activities and granting of existing customers. Show less



Vilstrup Research

• Junior Analyst

  • 1994 - 1998

  Accountabilities Employed as a junior analyst with the primary task of performing advanced statistical analysis on relevant surveys that were conducted. Results A lot of learning to be done. Worked closely together with Kasper Vilstrup, the founder of Vilstrup Research and other senior consultants who had project ownership. Designed and incorporated in internal systems a new weighting procedure based on marginal probabilities that enabled the company to simplify internal processes while offering enhanced sampling opportunities to the market. Show less