Andre Zehnter

Produced risk assessments on new and existing services/products, highlighting credit and liquidity risks as well as recommending mitigating actions. Assessed the quality and accuracy of internal credit and liquidity reporting tools and their compliance with the limits defined in the financial risk management policy. Prepared ad-hoc analyses for senior management, such as a collateral haircut rate comparisons to assess the adequacy of haircut rates in light of changing market conditions.

Performed in-depth due diligence on hedge funds analysing key risk drivers such as fund strategy, structure, performance and leverage recommending credit ratings and limits for repo, IRS and ASCOT transactions. Reviewed and updated critical stress testing policies such as PD and LGD methodologies, performed an expected loss impact analysis and produced executive summaries. Often acted as the first point of contact for questions relating to the functionality of the credit risk system and scorecards.

Reviewed and approved limits for Front Office requests relating to FX, IRS, futures, options, repos, and bond loan/borrow transactions. Automated the population of our bank scorecard with financial ratios, hierarchy and ratings data from external and internal sources using Macros and VBA. Took on a leading role in a new product approval process, representing Credit Risk at daily stand-ups, writing the risk policy, specifying exposure calculations and testing the correct application of netting rules.

Analysed the financial strength of banks, brokers, broker-dealers, fund managers, and insurance companies located in Central Europe. Approved ratings and limits for investment grade counterparties and issuers. Benchmarked our bank scorecard ratings to external ratings, suggested the introduction of new financial ratios and backtested the impact of these changes. Reviewed trading documentation such as GMRAs, GMSLAs and ISDA-CSAs establishing credit terms in coopoeration with the Legal department.

Graduate Trainee Credit Risk