Anton Nitsak

Counterparty credit risk evaluation and reporting (financial institutions, corporates, various sectors); Covering countries within EMEA Risk, predominantly CIS, FSU; Reviewing, approving and establishing limits for counterparties

Leading the Risk team; Advising Management on risk mitigations, overseeing the adherence to the Group's credit policy; Formulating and delivering risk strategies, local policy and processes enhancements; Recommending improvements to product and pricing; Developing a variety of tools relating to risk management and process optimization (segmentation, PD rating, counterparty scorecard, etc.); Reviewing portfolio trends, improving executive solutions for problem debt identification and workout

Analyzed credit risk factors, detected and investigated potential problem loans (PPL), participated in restructuring and drawing up action plans, coordinated other departments in restructuring process, participated in Client meetings for PPL workouts, acted as Head of the Workout Group. Reported directly to Moscow Head Office (Senior Group Management)

Leading the team of Heavy Industry Clients Division of Bank’s Corporate Risk Management; credit risk assessment and approval of transactions; profound involvement in Commerzbank integration processes improving the credit procedures and risk assessment approach; initiated introduction and adaptation of several Commerzbank risk management tools.

Performed financial analysis and credit risk assessment for corporate business segment; Managed approval of transactions for Large Corporate Clients; Held profound involvement in integration processes improving the credit procedures and risk assessment approach; Executed credit restructuring and problem loans workout

Credit risk assessment, approval of transactions and reviews, restructuring problem loans; examination of Borrowers’ financial performance and collateral suitability, calculation of IFRS reserves and internal ratings; scrutinizing application forms prepared by business line (Front Office); managing the credit approval process, cooperating with other transaction teams (both local and abroad); participating in adaptation of Commerzbank Group standards and improving credit processes.

Structuring of transactions and managing approval process on behalf of Front Office acting as a single point of entry for Risk Mngt; coaching and assistance in deal execution and monitoring; supporting internal counterparties (Account Managers, both local and abroad) on all aspects on general lending to assist them in maintenance of files; participation in negotiations and client meetings, providing input in drawing up the term sheets.

Analyzed and structured transactions for Small and Medium Enterprises; prepared Credit Risk Statements for approval at the Credit Committee; scrutinized applications on potential loans prepared by relationship managers; reviewed the Bank’s credit products on their suitability to existing market conditions and possible improvements.

Sale of full range of banking products; issuing loans, monitoring covenants and conditions; credit reviews, Executive Summaries, Waiver requests and Credit Applications for Credit Committee and Risk Management; initial financial analysis and evaluation of clients’ solvency