Morgan Serfiotis Email & Phone Number

Brussels, Be

Brussels, Brussels Region, Belgium

Associate Partner responsible for Avantage Reply Belgium

Brussels Area, Belgium

2021 | Assistance of an international banking group in the identification of credible scenarios to allow for an abandon of IFRS for public financial statements and prudential reporting. 2021 | Audit support of international insurance groups in the implementation of IFRS 9 and 17.2021 | Assistance of an international insurance group in the implementation of a new system for the monitoring of financial instruments and related accounting framework.2020 | Assistance of an international banking group on the review of existing credit risk processes and the identification of simplification measures. Moreover, this assistance also included an impact analysis on processes in scope of upcoming regulatory & reporting evolutions, notably from Basel IV and EBA reporting framework 3.0.2019-2020 | Assistance of an international banking group on Credit Risk Management with an ad interim director position in charge of a team of 7 persons. In this context, I was responsible for the production of IFRS 9 provisions, NPE coverage and Risk Reporting (QRR, Pillar 3 report, Internal Control report and Annual report), reporting directly to the CRO, with weekly attendance to the Risk Executive Committee and Management Board.2018-2019 | Assistance of an international banking group in their supervisory relationships, with a follow up of detailed action plans from on-site inspections, notably on credit risk.

Brussels Region, Belgium

2016-2018 | Assistance of an international banking group in the implementation of IFRS 9 standard. In this context, I was leading the stream of impairment where I supervised and coordinated the implementation, ensured the quality of the delivery and reports on progress and issues to top management. I also took part of the PMO team at global level where I ensured the coordination of all streams and the preparation of support for the global Steering Committees.2016-2018 | Assistance of a supervisory authority in the development of a conversion tool aiming to convert Belgian Gaap figures reported in solo FINREP into “IFRS equivalent” figures in order to ensure comparability of key risk indicators from credit institutions not reporting under IFRS.2015 | Assistance of an international banking group in refining the RWA projections by analysing the current process for calculating credit and market risks related capital charges based on CRR regulation as well as the projected impact of certain evolutions such as the regulatory environment and the expected evolution of the internal models.

Brussels Area, Belgium

2014-2015 | Assistance of an international banking group in transforming its Finance department and working on several initiatives aiming at installing a continuous improvement culture and developing a new target-operating model (TOM).2014 | Asset Quality Review for an international banking group located in Paris (Large Corporates’ portfolio), assessment of credit risk and provisioning level based on credit files, collateral valuations and cash flow analyses.

Brussels Area, Belgium

Statutory audits of international banking groups, asset managers and investment funds, including prudential reporting with review of COREP and FINREP (2 years as Associate and 2 years as in-charge Senior Associate – up to 7 people managed): reporting standards in Belgian GAAP for statutory purposes and IFRS for consolidation purposes.

Economic analyses on producer organizations in the fruit and vegetable sector in Europe.Development of the database which is currently used for all economic and statistical analyses and presentation of the results in Management Committees (Member States level).

Internship-thesis: Historic analysis of the development of producer organisations in fruit and vegetable sector in Europe from 2000 to 2006 (high honours).

Budgetary section : analysis and improvement of the budgetary process.

Treasury : study on bank charges, rationalization.

Master Degree In Business Administration, Finance - European Perspectives, Magna Cum Laude

Passed Level Ii Of The Cfa Program - June 2017, Investment Management

Passed Level I Of The Cfa Program - December 2016, Investment Management