Michael Binder Email & Phone Number

Vienna

• Trading of high valued interest rate derivatives
• Responsible for trading the structured products portfolio in Euro including market making and trading of exotic interest rate products namely Bermudan swaps, CMS, callable CMS structures (capped, floored, collared)
• Hedging against risks by using plain vanilla products and exchange traded interest rate products (bond futures and options on bond futures)
• Creating risk simulations in Murex, migrating deals into Murex from the existing system, evaluating pricing quality of Murex deals
• Developing pricing procedures based on the relevant market data as well as model evaluation, setting up the evaluation process and broadcasting the evaluations for individual structures
• Design and development of pricing sheets for exotic derivatives using NumeriX

Vienna

• Designed and developed a fixed income portfolio
• Traded fixed income derivatives
• Completed & implemented the Kondor+ Treasury system

• Sold tailor-made hedging solutions to RZB’s corporate customers
• Provided consultancy to customers at their risk assessment which included evaluation of different hedging strategies and providing solutions for the customers’ treasury business on a micro as well as a macro basis
• Delivered internal and external presentations on treasury hedging solutions

Vienna

• Sold IT solutions to the financial sector
• Designed a concept for a parameter test of an equity settlement system GEOS bought by RLB Vorarlberg; responsibilities included orchestrating and supervising the specialized parameter test (total bank impairment test).
• Supervised the implementation of GEOS at IBM as well as at Raiffeisen bank branches operating all over Austria such as:RLB Vorarlberg, RLB Burgenland, RLB Steiermark, and RLB Niederosterreich-Wien
• Established workflows for the project banks in GEOS