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Thomas HudetzTH

Thomas Hudetz

Financial Industry Consultant

€1,000/day
Wien, AT
15+ years

Average response time: 1 hour

Freelancer profile translated to English.
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About Thomas

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I am an independent management consultant in the banking and financial industry, which I have known for more than 20 years – primarily in Austria, but occasionally and just as intensively in Germany.

To date, I have a total of 9 years of consulting experience as a management consultant – from three different consulting firms until 2016, and now from 3 years as an independent consulting expert – with broadly diversified project experience and at various locations and corporate clients.

In these project assignments, I have often worked not only with internal colleagues but also with other external teams and individual consultants – both from the IT and consulting sectors – who were active in the same projects for these banking and corporate clients.

This allows me to bring both the necessary professional expertise and the required flexibility and high commitment. With my contribution, your project will achieve the success you expect – at a fair price.
  • German

    Native or bilingual

  • English

    Fluent

Remote only
Primarily works remotely

Experience

  • Advisory@Hudetz
    Expert Consultant - Primarily in the Financial Sector
    CONSULTING AND AUDITS
    July 2018 - Today (8 years and 1 month)
    Wien, Austria
    Company Website: www.hudetz.info - Customer and project references from freelance activity since 2018 available upon request
  • VakifBank International AG
    Head of Strategic Risk Management and Group Risk Controlling Department
    BANKING AND INSURANCE
    October 2016 - April 2018 (1 year and 7 months)
    Vienna, Austria
    Risk Manager (2nd level, reported directly to Chief Risk Officer) with management responsibility, simultaneously Senior Expert for comprehensive risk controlling of the entire bank - Project activities include:

    - In conjunction with CRO: Coordination of supervisory topics with the banking supervision
    - Group-wide risk controlling for financing/capital; risk-bearing capacity calculation
    - Development of an internal control system
    - ICS and BCM tasks with own employee
    - Operational Risk Officer
    - Outsourcing to IT system service providers in regulatory terms (IT risks) with supervision
  • Schweers, Kemps & Schuhmann Unternehmensberatung GmbH (damaliger Name - nun: Accenture)
    Managing Expert Consultant (initially: Senior Cons.)
    CONSULTING AND AUDITS
    August 2012 - September 2016 (4 years and 2 months)
    Hochheim am Main, Germany
    Managing Expert Consultant (initially: Senior Cons., frequent travel to Germany from Austria) -

    Implementation, sometimes also management of several long-term consulting projects, including on the following specialist topics:

    • Group-wide interest rate risk management; calculation of a so-called duration balance sheet - pilot project for an already established front-to-back system

    • Credit spread risk model based on CDS histories and CS01 key rate sensitivities, Excel VBA data/calculation tool programmed, for ICAAP credit spread risk capital

    • RWA optimization for a medium-sized bank with the standardized approach for credit risk, recommendation of measures for sustainable RWA reduction without changes to the credit portfolio

    • Stress test redesign and implementation in the group-wide management system ("Reverse Stress Tests" and risk-bearing capacity / ICAAP)

    • Implementation of LCR functional concept and IT concept (interface adjustment Solo and Group LCR for Basel III), Austrian major bank

    • Validation of risk-bearing capacity/MaRisk check for a smaller German private bank, Frankfurt

    • Conceptual/IT preparation of all CRR/Basel III reporting; specialized bank in a large asset management group, Hamburg

    • ICAAP risk-bearing capacity redesign –
    both risk coverage pools, as market and investment risks, Austrian specialized bank

    • Preliminary study of new Basel trading book rules, Upper Austria medium-sized bank (ECB supervisory regime)

    • Expert and project organization responsible for the 'Common Reporting Platform', Austrian banking sector (full-time project over 1.5 years) - responsible for project risk controlling, among other things

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Education

  • Master of Science
    Oakland University, Michigan / USA
    1996
    Betriebswirtschat-Postgraduate (Engineering Management)
  • Doctorate
    University of Vienna
    1992
    Mathematik / angewandte Mathematik / mathematische Physik

Skill set (11)

Categories