Scope of activities
How I understand your agenda
- Need to comply with a number of regulatory requirements in the financial services industry
- Thematic areas around core topics: Financial Market Stability, Prudential Operations, Separation & Resolution, Transparency & Reporting, EBA Stress Tests, Compliance, Know-Your-Customer
- Accounting regulations: IFRS 9 Financial Instruments (Classification, Measurement, Impairment, Hedge Accounting), IFRS 15 Revenue Contracts, IFRS 16 Leasing, …
- Banking Union, Single Supervisory Mechanism SSM, Single Resolution Mechanism SRM, European Deposit Insurance Fund EDIS, CRD-IV package, CRR, SolvV, BRRD, …
- Basel 2.5, Basel 3, Basel 4, BCBS Papers (239, 306, 309, 319, 347, 352, 355, …)
- MaRisk and ECB requirements reg. ICAAP, ILAAP, SREP
- Capital structure & buffers / Bank liabilities structure: Bail-In capital, MREL, TLAC, CET 1
- Leverage Ratio, Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR)
- Deposit Insurance Schemes, EDIS
- Reporting requirements: AnaCredit, FINREP 2.0, COREP, Liquidity, …
- Dodd-Frank, Volcker Rule, EMIR, MiFID 2/ MiFIR
- Clearing via Central Counterparts (CCP), Balance Sheet & Regulatory Netting
- Other international requirements, e.g. FATCA, Financial Transaction Tax
How I understand your goals & challenges
- Appropriate Translation of certain requirements into specific business needs
- Know-How Transfer within organisation via Policies, Opinions, Business Requirement Documentation, and Training
- Building-up adequate interfaces between Business Functional Areas, Finance, Risk, Treasury, Compliance, and IT
- Sustainable reduction of regulatory costs, both regarding the implementation and the ongoing charges
- Timely execution of the regulatory requirements dead-lines, e.g. Reporting packages
- Clearing of Financial Instruments via CCP, e.g. relevant OTC Derivatives, Repos
- Sustainalby enhance investor protection
- Meet investors’ specific expectations, e.g. Leverage Ratio, LCR, NSFR, Bail-in debt
- Ongoing interaction with a number of regulatory authorities (EBA, ECB, Bafin, local Central Banks, FMSA, ESMA, …)
- Definition of the optimal capital and balance sheet structure to sustain revenue potential, e.g. by aligning risk-sensitive CET 1 & non-risk sensitive Leverage Exposrue related Capital ratios
- Implement solid accounting processes for Financial Insruments
What is my offer
- Translation of komplex regulatory requirements into specific business related needs
- Documentation of Preliminary Studies, Gap-Analyses, and Business Requirements
- Derivation and design of specific execution measures, guidlines, and functional requirements
- Interface between business side and IT
- Consider and execute specific company’s needs
- Coordinate accross the organisational functions in front & back offices
- Communication to key Stakeholders Decision Bodies (e.g. Asset-Liability Committee ALCO)
- Know-How transfer, Training & Workshops
What are my respective experience & qualification
- Leading a number of regulatory projects and ad-hoc groups on Group and Business Segment level
- Translation of regulatory requirements documentation into business needs (e.g. Bank Levy Regulation, Banking Resolution, EMIR, Dodd-Frank, MiFID2/MiFIR, BCBS papers)
- Impact & business gap analyses for different business models (Loans, Markets areas), Business & Connectivity analysis for Repo & Sec Finance trades
- Business Case calculations and preliminary studies
- Interface to IT to adjust the Balance Sheet management, Business Requirement Documentation
- IFRS 9 Classification & Measurement, Impairment
- Dodd-Frank incl. Volcker Rule: Reporting solutions via DTCC, Clearing via CCP, Business Conduct Standards, Metrics analysis for trade separation
- Late Clearing and Back Loading of trades with Central Counterparts, Closing-up of bilateral trades
- Two bank levy projects with substantial reduction of regulatory costs
- Leverage Ratio management, Capital Gap Analyses, Modelling and Steering on product and desk level
- Ad-hoc activities and analyses regarding the Financial Transaction Tax, UK Stamp Duty
- Liikanen – Banking Separation regulation: Derivation and management of prohibited and permitted business activities
- Management of key product drivers (i.a. Repos & Sec Finance, Derivatives, Loans, Deposits)
- Implementation of Balance Sheet Netting via Clearing with CCP
- Management of Leverage Exposure & Leverage Ratio for different product types
- Management Communication of Steering Activities (Group and local ALCO)
I also advise and support you on Project Management, Banking, Finance & Treasury, Balance Sheet Management and Business Development.