Teemu Lyly Email and Phone Number

Leading OP Financial Group's ECB Coordination team and representing OP Financial Group in banking and prudential regulation organisations.

Providing regulatory advice in OP Financial Group's Finance department. The department is responsible for the correctness and regulatory compliance of financial IT systems and their results (e.g. accounting and regulatory reporting) as well as of all published financial information.Core focus areas: the CRD and the CRR (including COREP and its core concepts such as own funds, risk exposure amounts, the DoD, the NPE coverage, large exposures and leverage ratio), FINREP (especially forborne and non-performing exposures and reconciliation), Pillar III, ESG (especially EU-taxonomy regulation), and FICO (especially significant intra-group transactions and risk concentrations).Providing regulatory advice also horizontally to other departments in OP Financial Group, such as Regulatory Affairs, Risk Management, ESG and Responsibility, OP Corporate Bank, OP Retail Bank, OP Mortgage Bank, OP's insurance and asset management companies and the Group's investment firms.

Direct day-to-day supervision of significant banks in the ECB's Directorate General SPL with focus on Business Model, Credit Risk, Internal Models, Stress Testing, Internal Capital Adequacy Assessment Process (ICAAP), Regulatory Reporting and Environmental, Social and Governance (ESG) risks.Joint Supervisory Team Representative in the 2020 and 2021 EU-wide EBA/ECB Stress Test Exercises.

Off-site supervision of Finnish SI and LSI banks with emphasis on credit risk, IRB models, capital adequacy, ICAAP, securitisation and regulatory reporting. Streamlining of FIN-FSA's internal processes and data usage, participating in FIN FSA's Credit Risk, Internal Models and Data working groups. Experience in on-site supervision from working as a head of mission in an IRB model review.

Direct day-to-day supervision of significant banks in the ECB's Directorate General Micro-Prudential Supervision II with emphasis on ICAAP reliability assessment.

Shared responsibility of validating OP Financial Group's risk models, stress testing and developing a credit risk model database. Experience in project management.

Shared responsibility of validating and developing IRB models, stress testing, project management and developing a credit risk model database.

Defining and ensuring the quality of OP Financial Group's Basel III (CRR/CRDIV) solvency calculation and reporting. Risk weighted assets analysis and Ad hoc reporting eg. EU-wide Stress Test 2014. Data manipulation tools: SAS Enterprise Guide, SAS, SQL, Excel, VBA.

Department of Mathematics and Statistics

Department of Mathematics and Statistics