Group audit function that is concerned with the validation and audit of internal/external developed risk models (mainly related to market and credit risk). The function is an independent, objective assurance and consulting activity designed to add value and improve NORD/LB's operations. It helps NORD/LB to accomplish its objectives by bringing a systematic, disciplined approach to evaluate and improve the effectiveness of its risk management, control, and governance processes. Direct report/communication to the head of the management board. Models in scope:Credit Spread Risk Model (Banking Book),Value at Risk (VaR) Model (Trading- and Banking Book),CVA/DVA (Credit Value Adjustment) Model,Prudent Valuation Model,Implementation of simulated Exposures (regulatory, accounting, economic),CPC Model (Credit Pricing Calculator),iOPC Model (integrated Option Pricing Caclulator),Risk Bearing Ability Model,External executed Risk Management Models (Sparkassen-Rating, Caplantic),RWA Management, loan syndication, credit funds (alternative investments).

Agricultural- and forestry business at my 47 hectare farm.

Energy production via the successful installation of 79kWp of solar panels on the roof of my farm.

Private Banking International - Research and Strategy:Responsible for monitoring, quantifying and identifying the risks of all the bond and bond related recommendations (government, investment grade and non-investment grade credits).Central Risk Management - Credit Portfolio Management:- Successful set-up and implementation of a Credit Portfolio Early Warning Tool in order to detect market derived signals (alerts) on a daily/weekly/quarterly basis. This management information system combines signals like Expected Default Frequencies, Market Implied Ratings, Rating Outlooks, Rating Changes, CDS Developments, Equity Volatilities, etc. and benchmarks these signals against sectors, peers and/or sub portfolios resp. groups (iTraxx). The tool extracts information from external vendors; for instance Moody’s Credit Edge, S&P’s Credit Health Panel, Bloomberg, etc. and applies these signals to the bank internal ECAP Credit Portfolio Database.- Support in the development of a credit clock, a bank internal tool that analyses and combines average rating changes (S&P data, bank internal ratings) with macroeconomic indicators as well as market indices (stock indices, precious metals, commodity prices, etc.). The credit clock acts as a management information system that is able to forecast recessions and that evaluates the business cycle by using leading and lagging indicators. Due to its features it will support and advise senior management in huge credit deals.Central Risk Management - Economic Capital Modeling:- Development and review of a combined ECAP Pension Liability Risk model for ABN AMRO and Fortis (this work included quarterly calculation, stress testing, reverse stress testing and reporting).- Development and design of a combined ECAP aggregation model for ABN AMRO and Fortis by using the Var-CoVar approach.- Quarterly reporting and presentation of all bank internal ECAP figures (audience: senior management and capital platform).

Research Assistant (Consultant) in Mathematical Modeling at Stan Ackermans Institute:Tactical Analysis of Transportation Networks (Ewals Cargo Care),Optimal Multi Task Energy Management (NXP Semiconductors),Model for Mixed/Hydrodynamic Lubrication (Tata Steel),Slab Reheat Furnace Scheduling (Tata Steel),Outlier Detection (Dutch Tax and Customs Administration),Modeling of Filament Elongation at Break (Dow Chemical),Modeling of Vessel Wall Rupture (Philips Medical Systems).

Investment Center:Support of the private clients management team (structured products).