Emilio Moraleda Email & Phone Number

Madrid, Es

Madrid, Spain

MERLIN Properties is a leading real estate IBEX-35 listed company. Internal Audit, Risk and Compliance is an independent function reporting to the Audit Committee and the COO of the company, in which I make contributions in the following areas:o Asset valuation analysis and review as per RICS and IFRS; external appraisal methodology and results review.o Analysis and review of financial statements and statutory reporting process.o Perform the annual risk assessment and mapping process (context analysis, budget modeling and Montecarlo stochastic simulation. Compliance Risk mapping and non-controlling interest entities analysis.o Internal control evaluation according to COSO standards: control model analysis, control matrix building, ICFR evaluation: design implementation and testing.o Audit Plan design and implementation, supporting the CAE.o Compliance model evaluation: design, testing and ISO certification, Money Laundering control model analysis.o Perform operational and financial audit engagements of business processes.o Member of the Compliance and Fraud Prevention Committees.

Within Grupo Prisa Corporate Finance Department and supporting Investor Relations, Corporate Development and Control functions, I had the following responsibilities and duties:o Perform analysis of Grupo Prisa companies and businesses.o Creation of valuation models for Grupo Prisa companies.o Share price and peer share price analysis. Markets and competition analysis. o Elaboration of results communications and presentations of quarterly results for analysts and investors.o Attention to analysts and investors and support of restructuring processes.o Elaboration of presentations for investor, bank and lender meetings and trade events and seminars.

Madrid

Prisa Digital mission was to provide for Innovation, Change Management, Business Development and Business Strategy coordination within Grupo Prisa Digital Transformation process. I had the following functions:o Analysis and control of new digital revenue sources. Support of technology teams.o Financial controller of Ecommerce unit Planeo.es. Revenue analytics, payment control. Business processes control.o Technology and R&D compliance with IFRS and USGAAP (as Prisa was a US listed company). Impairment testing of technology projects.o Perform business plans and valuation models for Prisa Digital and control of its different business. M&A analysis and coordination.o Budget follow-up and control for Grupo Prisa Digital Units.o Management and support of start-up and entrepreneurships branch Prisa INN.

Madrid

I worked in Internal Audit Department (reporting both functionally and administratively to the CEO and the Audit Committee of Sogecable, an IBEX-35 company up to 2009) as staff to the Internal Audit Director, having the following responsibilities:o Plan and perform operational and financial audit engagements of business processes.o Evaluation of internal control according to SOX (sec.404), the IIIA and Telefónica standards.o Create and implement recurrent analytics for business process follow-up and control.o Perform the annual risk assessment, planning and mapping process.o Contribute to the annual audit plan design and implementation.

Madrid

Starting in 2002 I joined Sogecable Group holding staff performing the functions detailed below. During this period I have been a member of the Sogecable - Canal+ (Grupo Prisa) y Vía Digital (Telefónica) merger task force making contributions to the merger business plan, merger financing business plan, synergy analysis and valuation. o Associate company analysis and follow up: revenue analysis, control and area valuation.o Revenue analysis per product and business lineo Perform business plans for Sogecable Group companies and business areas. Modelling and valuation of businesses.o Weekly Management Board operational reporting.o Board of Directors monthly and yearly P&L reporting.

Madrid

In March 2000 I started performing this function managing a 12 staff FTE team, within the main pay-tv operator in Spain:o Revenue and cost analysis for pay-tv business by product and business lineo Sales commissions and incentives control and payment.o Budget building, follow up and control.o Perform month end and year end reporting. Externa and internal audit liaison.o Execute treasury management including loan control and daily position control and IR and FX hedging.o IT implementation control (SAP R/3, CRM, CERG Finance).

Madrid

Starting in 1998 I have contributed to establish a joint venture between Sogecable (Grupo Prisa) and Fox International Channels to establish a pay TV channel within CanalSatélite Digital (Canal+), the main platform operator in Spain.My contribution has been the successful set up of the financial, operational and managerial structure of the company:o Perform company business plan, budget and budget control.o Perform monthly company and market strategic reports to holding company.o Execute monthly and yearly p&l reporting and statutory accounting. USGAAP reconciliation.o Human Resources overview and control (hiring approval, headcount administration and incentive control).o Build and execute operating procedures across all areas of the company ensuring department coordination and efficiency.o Overview of all legal issues including joint-venture contracts follow-up and external legal counsel contact.

Madrid

I joined Bank of America Madrid Office in 1994 to help implement and develop a Middle Office department (attached to Operations department) supporting all treasury-trading activities in the capital markets area in both fixed income and equities derivative products.The main functions assigned to the Middle Office were:o Execute daily, monthly and yearly p&l and risks controls by product line and business area.o Validation and control of profits generated by specialized product and trading desk.o Internal and external liaisono Perform market risk control using and testing the bank's proprietary VaR models.o Execute valuation methodologies validation and testing.o Design and review operations department procedures and controls.

Master Of Business Administration (M.B.A.)

Bachelor'S Degree, Economics

Bachelor'S Degree, Law