UK - London
Deutschland: Bevorzugt Raum Frankfurt
Grundsätzlich weltweit
11/2017 ? current IMA lead for BaFin (Brexit) and MAS (Singapore) ? Standard Chartered
Obtained IMA license for Brexit subsidiary and reduced group-wide market risk capital by 10% in the process
Preparation and successful delivery of IMA application to BaFin (German regulator) under ?Brexit? rules. Coordination of submission of IMA and IRB approval. Regulatory gap analysis between UK and German rules (MARisk).
Regulatory gap analysis between European/ UK and Singapore regulations for IMA. Preparation of workshops to obtain regulatory approval from MAS (Singapore regulator) for IMA in the local subsidiary.
Definition of global operating model with definition of responsibilities between group and subsidiaries. Guidance on alignment of policies and policy architecture. Advice to senior stakeholders (Country CRO, Head Market Risk, Head MR Regulatory Affairs).
08/2016 ? 11/2017 Target Operating Model lead FRTB ? Standard Chartered
Analysis of the impact of FRTB on the operating model of Standard Chartered across Front Office, Risk and Finance. Advice on the impact of the regulation on capital requirements.
Based on a detailed impact analysis of FRTB against a reference capability model, the team conducts workshops with stakeholders across the organisation to confirm the impact on current state and align on a target state vision. This vision is elaborated and translated into an action plan for the programme.
05/2016 ? 08/2016 Business Architect/ Regulatory Advisor FRTB and IRRBB ? Credit Suisse
Thomas advises Credit Suisse on the transition to the new regulatory framework for market risk, including expected shortfall (ES), variable liquidity horizons and revised trading/ banking book boundary. He provides gap analysis against the Basel II/ II.5 regulatory framework and supports the interaction with the regulators. Specific deep-dives elaborate the requirements of FRTB for stress-testing, intra-day reporting and the relationship between specific FRTB reports and those required under the Volcker rule.
Thomas also performs an initial assessment of the IRRBB rules released in 2016 against the 2004 principles for interest rate risk on the banking book and other existing regulation.
08/2015 ? 01/2016 Project Manager ? Deutsche Boerse Group
Thomas takes on a project which is heavily delayed, and brings it into production with a first iteration after 2 months by providing leadership, by orchestrating a shared vision between stakeholders across locations and by managing the project operationally on a day to day level.
Deutsche Boerse Group has set up an enterprise architecture function. On behalf of the CTO, Thomas manages the project to introduce architecture tooling (MEGA) across locations, provides input to effective architecture governance, and into extending their functional architecture framework. Key project streams are the processes and approaches to manage the system landscape, the gathering of data on the system landscape and the actual tool implementation. The role includes overseeing the vendor, associates and internal staff. Tool implementation covers the whole lifecycle from scoping and requirements documentation, implementation, testing and rollout.
Critical to success are engaging stakeholders across locations by facilitating communication, breaking the scope into manageable, iterative and executable packages, and effective prioritization and closure of project risks.
05/2015 ? 07/2015 Business Architect/ Analyst ? Global investment bank
A global investment banking and private wealth management organisation aims at carving out a services company, both to make intra group services bankruptcy remote under the recovery and resolution planning regime and to enable economic benefits. Thomas leads the analysis for the UK, identifying the impact of both the FSB and the PRA requirements onto the structure of the bank. Identification of options for governance structures of the bank under the regulatory requirements including RRP and ringfencing.
03/2015 ? 05/2015 Advisor: International Financial Risk Management Institute
Survey of risk managers of leading global organizations on the impact of the Principles of Effective Risk Data Aggregation and Reporting (BCBS239). Identification of key challenges in adoption of the new regulation, and opportunities for the risk function. Interviews of senior stakeholders, development of storyline and report, alignment of report with client.
02/2015 ? 03/2015 Business Consultant, Senior Business Analyst ? Santander UK
A bank is preparing for the Senior Manager Regime (SMR) introduced by PRA and FCA. Thomas leads the team assessing the impact of the new regulation onto the processes of the bank, delivering a detailed mapping between the Senior Managers Regime requirements and the processes of the bank.
Target Operating Model Insurance
05/2014 ? 07/2014 Consultant ? Lloyd?s of London
As a first step of its Central Services Refresh programme, Lloyd?s, supported by KPMG, defined a target operating model for Market Submission, the process to submit insurance contracts for processing. Thomas is part of the team delivering the new operating model, and socializing it within Lloyd?s and the stakeholder community. He focusses in particular on data architecture, the data governance and the data flows between the stakeholders and systems involved.
Programme Risk Study
03/2014 ? 04/2014 Review of programme risks/ Lloyds Banking Group
The client observed recurring challenges in the execution of large/ transformational programmes. The project reviewed three major initiatives for the issues incurred, based on a hypothesis framework for product, execution and outcome risk. Thomas lead the design/ elaboration of the analysis framework and was one of the leaders of the subsequent analysis.
Consolidated Brokerage Platform
05/2013 ? 03/2014 Advisor to CIO/ Reviewer - ICAP
ICAP designed Fusion, a brokerage platform to consolidate all electronic markets of ICAP. This makes the project demanding both in terms of platform governance and of non-functional requirements. KPMG reviewed the platform to assess its fitness for purpose and provided advice for improvement in various areas, as well as a fair value assessment of the platform. Thomas lead the teams and provided advice to the CIO for Ecommerce.
Design of Shared Services Organization
08/2013 ? 09/2013 Enterprise Architect ? Major market infrastructure provider
A major trading, settlement and data services provider, which has grown through acquisitions, decided to consolidate its key support functions into a shared services organization. Thomas helped the client to structure the feasibility study and to plan the following design phase.
Reference Data Governance Framework
06/2013 ? 08/2013 Enterprise Architect ? RBS
Development and implementation of a framework for reference data governance initially focussed on client reference data. Maturity model for reference data management.
Remediation of IT Landscape
02/2012 ? 11/2012 Enterprise Architect ? NBK Kuwait
A major bank in the Middle East did a core banking transformation which went into significant distress. A review exposed major challenges in various areas of the functional and IT landscape with massive impact both on customers and integrity of operations. Thomas led a team of eight experts reviewing various aspects of the bank. He designed the analysis and integrated the results into the report, which documented the issues and provided suggestions for resolution.
Therefore, in a second phase, he was tasked to develop the target architecture for the bank, guiding the internal architecture team and a team of supporting consultants. He worked in close collaborations with LoB leads and strategists of the bank, and ensured that the results were both aligned with the needs of the organization, and accepted by its key stakeholders. He used Lean techniques to increase effectiveness of the enterprise architecture team and reduced the time to get architecture work done by more than 30% at constant staffing levels
.
Enterprise Architect ? MF Global Administration
11/2011 ? 01/2012 Enterprise Architect ? MF Global (In Administration)
After the collapse of MF Global, KPMG was nominated Special Administrator. Thomas acted as an enterprise architect, analysing the dependencies and data flows of the application landscape in order to enable the divestiture of viable parts of the business, the recovery of assets, and the orderly wind-down of the firm.
Hypo Real Estate, after its almost-collapse, is going through a major transformation. It includes the integration of four independent IT landscapes from previous mergers, the introduction of a Bad Bank, and the improvement of information transparency, including reliable risk and P&L reporting.
[Name on request]took the role of a domain architect for Treasury and later also for Operations and Risk. A key task is to facilitate the migration of the existing front and back office landscape to a consolidated Summit platform.
01/2011 ? 02/2011 Consultant/ Reviewer
Deutsche Bank, Singapore
Deutsche Bank Private Wealth Management introduces Temenos T24, a core banking and wealth management platform. It requested an independent review of core aspects of the architecture to ensure that the project approach was sound.
[Name on request]worked with the implementation team to review key risk areas of the project, including development processes and technology, using a hypothesis driven approach. The engagement confirmed the project approach with tangible data, although it identified some areas of improvement.
The organization is embarking on a programme for significant cost reduction and M&A readiness. Major benefits are supposed to be drawn from process efficiency improvements and IT cost reduction. To move away from the legacy processes embedded in the existing landscape, an SAP core banking system is implemented.
Together with the client team, [Name on request]helps setting up the architecture office, analyses architecture decision points, and develops architecture principles jointly with the client?s domain architects.
Deutsche Bank, London
Reuters, London
ABN Amro, London
BP, London
TESCO, United Kingdom
Syngenta, Switzerland
UBS, London
Deutsche Bank, London
Shell, London
Shell, London
Deutsche Bank, London
adidas-Salomon AG, Herzogenaurach
Bank, Bern, Schweiz
Bank, Zürich, Schweiz
ING, Amsterdam, Niederlande
Bank, Hannover
Sparkassen-Informatik Gruppe, Köln
Anbieter technischer Dienstleistungen
Clearstream Services, Luxemburg/London/Frankfurt
Dresdner Bank/Dresdner Kleinwort-Benson
Deutsche Börse Systems
Deutsche Bank 24
2018 Graduate Certificate Mathematics and Statistics (Distinction), Birkbeck, University of London. Currently MSc Mathematics and Financial Modelling
2016 - 2018 Speaker at FRTB conferences of Marcus Evans and wbs. Speaker at risk.net trainings in London and Toronto. Participant of FRTB Summit London and of GARP Annual Convention, NY
2015 GARP Certified Financial Risk Manager (FRM). Compliant with CPD requirements for 2017/18
2013 Introduction to Operations Management, Wharton Business School, through Coursera (Distinction)
2012 Introduction to Computational Finance and Financial Econometrics, University of Washington (through Coursera)
2012 Financial Engineering and Risk Management, Columbia University (through Coursera)
1987-1989 Mathematics at Johannes-Gutenberg-Universitaet, Mainz, Germany
1978-1987 Bischöfliches Willigis-Gymnasium Mainz
1974-1978 Martinusschule Mainz-Weisenau
Brexit-Migration:IMA und IMM-Erlaubnis für BaFin
Risiko-Management
Business-Architektur - Banken und Kapitalmärkte
Experte in FRTB-Regulierung, CRR, Basel II/ III
UK - London
Deutschland: Bevorzugt Raum Frankfurt
Grundsätzlich weltweit
11/2017 ? current IMA lead for BaFin (Brexit) and MAS (Singapore) ? Standard Chartered
Obtained IMA license for Brexit subsidiary and reduced group-wide market risk capital by 10% in the process
Preparation and successful delivery of IMA application to BaFin (German regulator) under ?Brexit? rules. Coordination of submission of IMA and IRB approval. Regulatory gap analysis between UK and German rules (MARisk).
Regulatory gap analysis between European/ UK and Singapore regulations for IMA. Preparation of workshops to obtain regulatory approval from MAS (Singapore regulator) for IMA in the local subsidiary.
Definition of global operating model with definition of responsibilities between group and subsidiaries. Guidance on alignment of policies and policy architecture. Advice to senior stakeholders (Country CRO, Head Market Risk, Head MR Regulatory Affairs).
08/2016 ? 11/2017 Target Operating Model lead FRTB ? Standard Chartered
Analysis of the impact of FRTB on the operating model of Standard Chartered across Front Office, Risk and Finance. Advice on the impact of the regulation on capital requirements.
Based on a detailed impact analysis of FRTB against a reference capability model, the team conducts workshops with stakeholders across the organisation to confirm the impact on current state and align on a target state vision. This vision is elaborated and translated into an action plan for the programme.
05/2016 ? 08/2016 Business Architect/ Regulatory Advisor FRTB and IRRBB ? Credit Suisse
Thomas advises Credit Suisse on the transition to the new regulatory framework for market risk, including expected shortfall (ES), variable liquidity horizons and revised trading/ banking book boundary. He provides gap analysis against the Basel II/ II.5 regulatory framework and supports the interaction with the regulators. Specific deep-dives elaborate the requirements of FRTB for stress-testing, intra-day reporting and the relationship between specific FRTB reports and those required under the Volcker rule.
Thomas also performs an initial assessment of the IRRBB rules released in 2016 against the 2004 principles for interest rate risk on the banking book and other existing regulation.
08/2015 ? 01/2016 Project Manager ? Deutsche Boerse Group
Thomas takes on a project which is heavily delayed, and brings it into production with a first iteration after 2 months by providing leadership, by orchestrating a shared vision between stakeholders across locations and by managing the project operationally on a day to day level.
Deutsche Boerse Group has set up an enterprise architecture function. On behalf of the CTO, Thomas manages the project to introduce architecture tooling (MEGA) across locations, provides input to effective architecture governance, and into extending their functional architecture framework. Key project streams are the processes and approaches to manage the system landscape, the gathering of data on the system landscape and the actual tool implementation. The role includes overseeing the vendor, associates and internal staff. Tool implementation covers the whole lifecycle from scoping and requirements documentation, implementation, testing and rollout.
Critical to success are engaging stakeholders across locations by facilitating communication, breaking the scope into manageable, iterative and executable packages, and effective prioritization and closure of project risks.
05/2015 ? 07/2015 Business Architect/ Analyst ? Global investment bank
A global investment banking and private wealth management organisation aims at carving out a services company, both to make intra group services bankruptcy remote under the recovery and resolution planning regime and to enable economic benefits. Thomas leads the analysis for the UK, identifying the impact of both the FSB and the PRA requirements onto the structure of the bank. Identification of options for governance structures of the bank under the regulatory requirements including RRP and ringfencing.
03/2015 ? 05/2015 Advisor: International Financial Risk Management Institute
Survey of risk managers of leading global organizations on the impact of the Principles of Effective Risk Data Aggregation and Reporting (BCBS239). Identification of key challenges in adoption of the new regulation, and opportunities for the risk function. Interviews of senior stakeholders, development of storyline and report, alignment of report with client.
02/2015 ? 03/2015 Business Consultant, Senior Business Analyst ? Santander UK
A bank is preparing for the Senior Manager Regime (SMR) introduced by PRA and FCA. Thomas leads the team assessing the impact of the new regulation onto the processes of the bank, delivering a detailed mapping between the Senior Managers Regime requirements and the processes of the bank.
Target Operating Model Insurance
05/2014 ? 07/2014 Consultant ? Lloyd?s of London
As a first step of its Central Services Refresh programme, Lloyd?s, supported by KPMG, defined a target operating model for Market Submission, the process to submit insurance contracts for processing. Thomas is part of the team delivering the new operating model, and socializing it within Lloyd?s and the stakeholder community. He focusses in particular on data architecture, the data governance and the data flows between the stakeholders and systems involved.
Programme Risk Study
03/2014 ? 04/2014 Review of programme risks/ Lloyds Banking Group
The client observed recurring challenges in the execution of large/ transformational programmes. The project reviewed three major initiatives for the issues incurred, based on a hypothesis framework for product, execution and outcome risk. Thomas lead the design/ elaboration of the analysis framework and was one of the leaders of the subsequent analysis.
Consolidated Brokerage Platform
05/2013 ? 03/2014 Advisor to CIO/ Reviewer - ICAP
ICAP designed Fusion, a brokerage platform to consolidate all electronic markets of ICAP. This makes the project demanding both in terms of platform governance and of non-functional requirements. KPMG reviewed the platform to assess its fitness for purpose and provided advice for improvement in various areas, as well as a fair value assessment of the platform. Thomas lead the teams and provided advice to the CIO for Ecommerce.
Design of Shared Services Organization
08/2013 ? 09/2013 Enterprise Architect ? Major market infrastructure provider
A major trading, settlement and data services provider, which has grown through acquisitions, decided to consolidate its key support functions into a shared services organization. Thomas helped the client to structure the feasibility study and to plan the following design phase.
Reference Data Governance Framework
06/2013 ? 08/2013 Enterprise Architect ? RBS
Development and implementation of a framework for reference data governance initially focussed on client reference data. Maturity model for reference data management.
Remediation of IT Landscape
02/2012 ? 11/2012 Enterprise Architect ? NBK Kuwait
A major bank in the Middle East did a core banking transformation which went into significant distress. A review exposed major challenges in various areas of the functional and IT landscape with massive impact both on customers and integrity of operations. Thomas led a team of eight experts reviewing various aspects of the bank. He designed the analysis and integrated the results into the report, which documented the issues and provided suggestions for resolution.
Therefore, in a second phase, he was tasked to develop the target architecture for the bank, guiding the internal architecture team and a team of supporting consultants. He worked in close collaborations with LoB leads and strategists of the bank, and ensured that the results were both aligned with the needs of the organization, and accepted by its key stakeholders. He used Lean techniques to increase effectiveness of the enterprise architecture team and reduced the time to get architecture work done by more than 30% at constant staffing levels
.
Enterprise Architect ? MF Global Administration
11/2011 ? 01/2012 Enterprise Architect ? MF Global (In Administration)
After the collapse of MF Global, KPMG was nominated Special Administrator. Thomas acted as an enterprise architect, analysing the dependencies and data flows of the application landscape in order to enable the divestiture of viable parts of the business, the recovery of assets, and the orderly wind-down of the firm.
Hypo Real Estate, after its almost-collapse, is going through a major transformation. It includes the integration of four independent IT landscapes from previous mergers, the introduction of a Bad Bank, and the improvement of information transparency, including reliable risk and P&L reporting.
[Name on request]took the role of a domain architect for Treasury and later also for Operations and Risk. A key task is to facilitate the migration of the existing front and back office landscape to a consolidated Summit platform.
01/2011 ? 02/2011 Consultant/ Reviewer
Deutsche Bank, Singapore
Deutsche Bank Private Wealth Management introduces Temenos T24, a core banking and wealth management platform. It requested an independent review of core aspects of the architecture to ensure that the project approach was sound.
[Name on request]worked with the implementation team to review key risk areas of the project, including development processes and technology, using a hypothesis driven approach. The engagement confirmed the project approach with tangible data, although it identified some areas of improvement.
The organization is embarking on a programme for significant cost reduction and M&A readiness. Major benefits are supposed to be drawn from process efficiency improvements and IT cost reduction. To move away from the legacy processes embedded in the existing landscape, an SAP core banking system is implemented.
Together with the client team, [Name on request]helps setting up the architecture office, analyses architecture decision points, and develops architecture principles jointly with the client?s domain architects.
Deutsche Bank, London
Reuters, London
ABN Amro, London
BP, London
TESCO, United Kingdom
Syngenta, Switzerland
UBS, London
Deutsche Bank, London
Shell, London
Shell, London
Deutsche Bank, London
adidas-Salomon AG, Herzogenaurach
Bank, Bern, Schweiz
Bank, Zürich, Schweiz
ING, Amsterdam, Niederlande
Bank, Hannover
Sparkassen-Informatik Gruppe, Köln
Anbieter technischer Dienstleistungen
Clearstream Services, Luxemburg/London/Frankfurt
Dresdner Bank/Dresdner Kleinwort-Benson
Deutsche Börse Systems
Deutsche Bank 24
2018 Graduate Certificate Mathematics and Statistics (Distinction), Birkbeck, University of London. Currently MSc Mathematics and Financial Modelling
2016 - 2018 Speaker at FRTB conferences of Marcus Evans and wbs. Speaker at risk.net trainings in London and Toronto. Participant of FRTB Summit London and of GARP Annual Convention, NY
2015 GARP Certified Financial Risk Manager (FRM). Compliant with CPD requirements for 2017/18
2013 Introduction to Operations Management, Wharton Business School, through Coursera (Distinction)
2012 Introduction to Computational Finance and Financial Econometrics, University of Washington (through Coursera)
2012 Financial Engineering and Risk Management, Columbia University (through Coursera)
1987-1989 Mathematics at Johannes-Gutenberg-Universitaet, Mainz, Germany
1978-1987 Bischöfliches Willigis-Gymnasium Mainz
1974-1978 Martinusschule Mainz-Weisenau
Brexit-Migration:IMA und IMM-Erlaubnis für BaFin
Risiko-Management
Business-Architektur - Banken und Kapitalmärkte
Experte in FRTB-Regulierung, CRR, Basel II/ III
"Der Consultant hat in Zusammenarbeit mit dem Business selbstständig die Anforderungen erarbeitet und darauf aufbauend die Architektur und das Design der Software entwickelt. Er war darüber hinaus an der Projektplanung und der Mitarbeiterauswahl unterstützend beteiligt. Er hat die ihm gestellten Aufgaben zu unserer vollsten Zufriedenheit erfüllt."
— Projekt DesignBEA Weblogic Enterprise von Jan/00 - März/00
Referenz durch Projektmanager einer Bank mit 40.000 Mitarbeitern vom 10.03.00