CHARALAMBOS E. KOURTIDIS

Participated in various advisory projects with systemic and non-systemic Banks in Greece in the following areas:

• Developed, validated and audited financial and non-financial risk models.
• Developed ICAAP – ILAAP – Recovery plans.
• Performed financial product valuations.
• Reviewed and updated BCBS 239 – RDARR frameworks.
• Developed and updated risk frameworks, policies and procedures.

• Prepares course materials for, and teaches Financial Risk Management, for graduate level classes.

Market & Operational Risk Management Division

Reported directly to Chief Risk Officer. Supervised staff of forty employees.

• Member of : Asset Liability Committee, Operational Risk and Internal Control Committee, Stress Test steering Committee, ICAAP – ILAAP steering Committee.
• Developed and maintained risk management framework for market, operational, ALM, liquidity, counterparty, and issuer risks.
• Proposed risk appetite limits to the CRO and Board Risk Committee, in cooperation with business units and taking into consideration the business plan.
• Provided independent opinion and risk mitigating proposals to the competent committees.
• Developed a control framework with the introduction and maintenance of a limit structure and key risk indicator mechanism.
• Developed an aggregation framework to the different subsidiaries, in order to ensure that all risks are properly identified quantified and monitored.
• Overseen and coordinated the development of models and methodologies for the identification and measurement of financial, counterparty, liquidity and operational risk.
• Overseen the allocation of economic and regulatory capital for different units and products and the calculation of Risk adjusted return on capital.
• Participated in the Supervisory Review and Evaluation Process dialog with the Joint Supervisory Teams of ECB.

Major Achievements: The limit structure mechanism raised early warning alarms in major crises enabling the Bank to limit exposure. Consistently outperformed piers in the EBA stress test in the NII impact.

Risk Management Division

Reported directly to the Director of Risk Management Division. Supervised staff of fifteen employees.

• Developed models for calculation of credit, financial and liquidity risks.
• Analyzed different risks and prepared reports for ALCO, Operational Committee, and Board Risk Committee.
• Examined market limit usage on a group level and prepared overdraft reports.
• Examined daily liquidity triggers, prepared reports in case of significant deposit outflow.
• Performed operational risk assessment for different units of the bank.
• Prepared and submitted regulatory reports.
• Project manager for the implementation of Basel II accord.
• Risk Management Division

Treasury Division, Risk Analysis Department

• Prepared Economic Analysis reports for possible yield curve, and foreign exchange rate movements, for the identification of possible investment opportunities.
• Prepared daily limit usage reports.
• Prepared ALCO reports.
• Treasury Division, Risk Analysis Department

• Prepared course materials for, and taught Intermediate Macroeconomic Policies and Issues, Money and Banking for junior level classes, and Financial Economics for senior level classes.