Experience

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  Raiffeisenbank Bulgaria

  • Bulgaria
  • Banking
  • 700 & Above Employee

  • Head of Risk Engineering and Modeling Section

    • Feb 2016 - Apr 2017

    • Manage a team of 4 professionals: Plan tasks of the section periodically and allocate them to the responsible people Organize daily workload and coordinate the communication and support of other sections and departments Control execution and assess performance Formulate training needs and development plan Propose promotions and salary adjustments• Manage various internal projects, including key Basel/AQR projects impact studies requested by ECB: Business lead Negotiate terms with other departments and external vendors regarding the three project dimensions – time, budget and scope Coordinate objectives, efforts and review of results with Head Office Calculate budget risk costs and propose board approval Allocate tasks to section employees Control the execution, including Model Management and Documentation Coordinate IRB validation process within Risk Controlling Division • Report regulatory requirements and key risk figures to the National Supervisor and internal High Management Control Credit Risk calculations and Prepare combined COREP report both under Advanced Internal-Ratings Based and under Standardized Approach for Credit Risk Advise on Stress-test scenarios and implementation Control Stress test calculation and report Stressed Capital Adequacy Calculate Credit Risk Economic capital and Report Total Bank Economic Capital quarterly and within Annual Internal Capital Planning Develop contingency plans for acting in unfavorable economic conditions• Responsible for Estimation, Validation, Calibration and update of internal models: Development of Scorecards, pool and Account-Level Parameter Estimates for the Retail segment Quarterly Scorecard Monitoring Quarterly parameter estimates validation Initiation of model changes Quarterly calibration of all scorecards Yearly review of the internally developed models for A-IRB

  • Expert at Credit Risk Models Validation and Stress Testing Function

    • Oct 2014 - Feb 2016

     Validate and review credit risk models upon development and on a regular basis; Performs applied validation – check model documentation completeness, methodological choices, used definition whether they are compliant, performs usage and use test analysis;  Testing – check the model performance stability, verifies the results;  Confirms periodic model calibration results Check correctness of data used for modeling and monitoring credit risk and initiate necessary changes Consult and validate compliance with regulatory requirements, regulating the measurement, management and reporting of credit risk; Establishing an and maintaining communication channel with the Regulator and the respective unit in HO; Organize conference calls and workshops Monitors the terms for IRB approval and provide information for IRB relevant change. Initiate impact studies in order to identify whether the IRB change is material.  Assess the effect of stress tests on capital adequacy and report internally and to the Authorities: Perform regular and ad-hoc regulatory and macro stress-tests for credit risk and integrated risk management Define stress-test parameters and set-up macro scenarios for credit risk stress tests Prepares annual model validation and monitoring Develop, implement and improve specialized databases and statistics software packages for the purpose of credit risk measurement and management  Provides action plan for improvement in the respective area  Communicate and monitor planned actions  Presents the validation results in front of the Management Board

  • Retail Credit Risk Senior Specialist

    • Nov 2010 - Oct 2014

     Responsible for Estimation, Validation, Calibration and update of internal models: Development of Scorecards, pool and Account-Level Parameter Estimates for the Retail segment Quarterly Scorecard Monitoring Quarterly parameter estimates’ validation Initiation of model changes Quarterly calibration of all scorecards Yearly review of the internally developed models for A-IRB Report regulatory requirements and key risk figures to the National Supervisor and HO Perform credit risk calculations and Prepare combined COREP report both under Advanced Internal-Ratings Based and under Standardized Approach for Credit Risk Advise on Stress-test scenarios and implementation Perform Stress-test calculation and report Stressed Capital Adequacy Prepare the application documentation for BNB approval of the Advanced Internal-Ratings Based Approach (A-IRB) for the Retail Credit Risk portfolio of Raiffeisenbank Bulgaria Perform for RWA optimization for the Retail portfolio of the bank; close communication with Head Office and Executive Directors Consult on Cost of Funds Optimization and prove model correctness and appropriateness to court experts Ensure correct implementation of the RCRS

  • Retail Credit Risk Specialist

    • Jun 2007 - Nov 2010

    SAS Risk Model Developer , Scorecard development. Development and delivery of a range of risk projects covering both credit cards and personal loans. The role requires manipulation of large volumes of data and application of statistical knowledge. Supporting the risk team and development and monitoring of risk models and strategies

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  PIRAEUSBANK BULGARIA

  • Bulgaria

  • Expert Credit Risk Management

    • Aug 2005 - Jun 2007
    • Bulgaria

    Implementation of Credit Risk best practices and methodology. Proactive participation in the process of the development of internal regulations , procedures and methodology managing Bank risk exposures in the context of the Basel II framework. Preparation of the reports and analyses related to the Bank credit risk management - Basel II requirements. Elaboration of proposals for the optimization of the credit risk practices in compliance with the existing Bank supervisory and internal regulations as well. Proposals elaboration targeted at the optimization of the existing internal regulation documents.

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  Energy Institute JSC

  • Bulgaria

  • Expert

    • Oct 2003 - Aug 2005
    • Bulgaria

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  Ministry of Environment and Water, Bulgaria

  • Bulgaria

  • Expert

    • Apr 2003 - Oct 2003
    • Bulgaria