Nenad - Consultant SAB

Kurt Salmon is a global management consultancy of 1,600 consultants in 15 countries with expertise in change management issues.

As Senior Consultant in the CFO advisory team I have assisted a commodity trading firm and banks in their controlling and risk management concerns. Assignments included:

 Assessment and management of FX exposures of a metals trading company (Nizi International). Definition of a risk policy in order to manage properly currency risks resulting from operations.
 Design and implementation in the information system of the analytical accounting of an IT shared services centre for a private bank (Société Générale Switzerland).
 Design of an IT costs dashboard in order to improve the follow-up of the budget for a commercial bank (Deutsche Bank Belgium).
 Market study for a French retail bank (Caisse d'Epargne Rhône Alpes) looking to set up a network in Switzerland.

Banque SBA is the European affiliate of Banque Libano Française, a leading Middle Eastern bank active in commercial, private and investment banking.

Banque SBA assets: ~1 Billion EUR / ~90 employees / Branches in Geneva and Cyprus.

As financial controller of the European entities, my responsibilities have involved various duties in the fields of Risk management, Controlling and Accounting.

Financial risk management
 ALM function: implementation and monitoring of management reports covering interest rate risk, liquidity risk and FX risk. Organization and participation in ALCO committees.
 Selection with the treasurer of a proprietary bond portfolio (worth 50 M€) including sovereign, corporate and financial institutions bonds. Follow-up of the credit risk and interest rate risk of the portfolio during ALCO committees.

Controlling
 MIS reporting implementation (including customers profitability and RAROC) in coordination with Front-Office, Operations and IT departments. Continuous enhancing of the reporting quality.
 Review of monthly accounts and preparation of commentaries
 Budgetary planning and cost controlling

Accounting / Regulatory reporting
 Assistance in financial statements preparation under French GAAP and IFRS.
 Basel II implementation (standard approach for credit risk) and quarterly production of COREP reports.
 Ad hoc project work

Reporting to the local General Manager and to the group's Head of Controlling and ALM.

As Banking Auditor, responsibilities involved the audit of:

 Société Générale Investment Banking (Fixed income, interest rate derivatives and commodities desks)
 A branch of Crédit Agricole (Crédit Agricole de la Brie)
 Investment funds managed by various asset management houses
 Tullett Tokyo (brokerage house)