Michael M.
Project Expert, Digitalization and Strategic Consulting
Experience
Jan 2019 - Present
7 yearsVienna, Austria
RemoteSenior Strategic Advisor & Risk Management Executive
Freelance Consultant
- Project work in IT, banking, insurance and strategy
- Risk management consulting for companies in various industries
Selected projects:
Interim Group Third Party Risk Manager & Product Owner Procurement & TPRM Implementation in ServiceNow
- Took over responsibility for group third party risk management (TPRM)
- Led the TPRM project to define and implement requirements for the procurement process, including outsourcing management
- Implemented TPRM in ServiceNow, including integration of AI and post-quantum risk requirements
Consulting for a financial services company
- Built an enterprise-wide risk management system based on BSI, ISO 31000 and COSO 2
- Defined the risk strategy and risk management framework, including training and process rollout
- Third party risk management
- Designed an AI policy according to the EU AI Act
- Responsible for AI risk management, compliance assessments and internal control policy
Project management for a software migration project at a financial institution
- Co-led a task force to migrate proprietary holdings and own issues to a new system
- Supported follow-up work after successful migration
Consulting for an energy company
- Built an enterprise-wide risk management system: processes, internal controls, policies, training preparation
- Analyzed contract and legal risks
- Prepared the new corporate risk department
Built a group-wide IT outsourcing framework for an insurance company
- Developed in compliance with DORA (ICT 3rd party risk management)
- Provided strategic and operational support in IT procurement
- Coordinated RfPs for DORA implementation programs and digital ecosystems
- Created regulatory contract checklists and supported contract negotiations
Strategic consulting for the innovation division of an insurance company
- Supported RfP requirements for a digital ecosystem
- Provided second opinions on software providers and evaluated relevant business cases
Risk management consulting for an energy company
- Set up the organization and processes for enterprise-wide risk management
Consulting for a planned ESG banking project (startup)
- Prepared the bank license application
- Built partnerships, rating systems and ESG solutions
- Defined key business processes (e.g. credit approval process according to regulatory guidelines)
Project Coordinator & Business Analyst at an insurance company
- Defined business requirements for fund management and digital onboarding
- Developed migration strategy and test concept
- Planned financing and testing for new insurance products
Analysis for a consulting firm
- Specified regulatory requirements for IRRBB
Jan 2015 - Dec 2018
4 yearsBoard Member Market Operations (Risk, Finance, IT), Head of Risk Management
Banco do Brasil
- Project manager for the implementation of a new integrated risk management / treasury / controlling system
- Introduced a transfer pricing system across the bank, including branches
- Implemented an ILAAP framework
- Defined and implemented ICAAP methods for credit, counterparty, FX risk and IRRBB
- Introduced a new general credit risk methodology based on external ratings, internal scoring and default statistics
- Established an approach and structure for IT project portfolio management at the bank level
- Responsible for strategic topics, especially the bank's restructuring strategy and planning
- Responsible for the bank's digitalization strategy, preparing the partnership with Deposit Solutions
Jan 2011 - Dec 2014
4 yearsManagement Coordinator, Basel III Program Manager & Project Portfolio Management
Erste Group
- Established the group-wide Basel III program
- Managed the project portfolio for Group Market, Bank Book & Liquidity Risk Management
- Set up and led one of the bank's first Scrum projects
- Led a regulatory liquidity initiative across the group
- Project manager for refinancing risk modeling in ICAAP
Jan 2011 - Dec 2011
1 yearProject Manager Credit Treasury / Finance
Unicredit Bank Austria
- Project preparation for implementing a CEE-wide hedging platform
- Project preparation for introducing credit risk hedge accounting according to IAS 39 and IFRS 9
Jan 2009 - Dec 2011
3 yearsLead Project Consultant
Palaimon Consulting GmbH (acquired by zeb)
- Project manager for a market risk system implementation project at Sparkasse Bremen (migration from legacy PMS to SimCorp Dimension)
- Lead project role in a subproject of UBS Zurich's risk reporting improvement program
Jan 2006 - Dec 2009
4 yearsManaging Director and Co-Founder
Delta Hedge GmbH
- Co-founded and led a fintech in hedging, risk and structured products
Jan 2005 - Dec 2007
3 yearsProject Manager and Business Analyst
Austria Wirtschaftsservice (aws)
- Project Manager and Business Analyst in the private equity software implementation project (CEPRES)
Jan 2004 - Dec 2005
2 yearsBusiness Analyst
AIM Software GmbH (acquired by SimCorp)
- Business Analyst in the data management project at Pictet Bank, Geneva
- Business Analyst for the portfolio credit risk management project for Investkredit Bank, Vienna
Jan 2001 - Dec 2002
2 yearsExpert International Relations & Risk Management
Finanzmarktaufsicht (FMA)
- Expert in the International Relations & Risk Management department
Summary
20+ years of experience in finance and software projects, especially in IT, risk management, finance, banking, insurance, fintech and regulatory topics, with recent work in ESG and sustainability projects.
Speaks the language of management, business units and IT, serving as a translator between them.
Able to structure, simplify and optimize complex problems.
Team player.
Languages
German
NativeEnglish
AdvancedItalian
IntermediateEducation
University of Innsbruck
Economics · Innsbruck, Austria
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