Mr. Sándor Szathmáry
Mr. Sándor Szathmáry
Market Risk and Operational Risk Manager
Gránit Bank Zrt.
2000-2005 Corvinus University in Budapest, major in Financial Investments Analysis and Risk Management, Faculty of Economy, MA absolutorium.
Market Risk and Operational Risk Manager of Gránit Bank in Hungary
I am the market risk specialist in this small/medium Hungarian Bank, so being responsible for making the risk limit system work effectively including full portfolio level risk sensitivities, gap analysis, currency / interest rate / interest rate basis etc. exposures, checking hedge efficiencies, liquidity measures, running stress scenarios. I am also involved in analysing and supporting projects, new products, and special deals from market risk or modelling aspects.
The internal measurement, analysis, reporting and advising roles of operational risk also belongs to me in the Bank.
During my work I am following legal, regulatory environment as well as the best practices of bigg
er institutions to make sure the safe and prudent operation of our Bank.
2009-2014 , Financial Controller at Citi in the Financial Service of Excellence Center, located in Budapest
I moved to the Western-European Reporting Department during its formation, which had the goal to centralize Basel II. related reporting, in line with the standardization trend in the European Union. During my work, I participated in reporting process developments and migrations, harmonizing external risk reporting needs with internal risk monitoring systems. I was working on the following countries mainly: UK, Jersey (Channel Island), R
epublic of Ireland, Germany. As a senior member I was leading many improvement projects and involved in global developments.
From 2011, I was working mainly on the prudential reporting of the UK broker-dealer entity (CGML), what is the second largest banking entity in Citi, covering EMEA. Till the beginning of 2013, through one and a half year, I was heading the Market Risk Reporting and Controlling unit of 3 person. After that period, I moved to manage new projects, performing focused analyses, specific simulations. The most significant project was the successful implementation of Basel III. standards for UK position risk area lead by me in the unit. By working on a UK central entity, I became familiar with large variety of products and got used to large scale systems, as well as sophisticated models (Scenario Matrix, various VaR solutions, etc.). I have gained experience in international coordination and management practices as well. I was known as a subject matter expert and I took part in intercompany advising, and training for EU countries as well as in industry and Authority level discussions (UK – FSA, PRA, BoE).
2005-2009, Financial Controller at the Hungarian Citibank Zrt.
I started my Citi career by working on the Hungarian reporting area, having the task of performing Trading Book related internal monitoring, management reporting, capital adequacy calculations as well as external reporting for the regulators. I was also participated in other fields such as ALM reporting and analysis. I was heavily involved in th
e transition of external risk reporting from Basel I to Basel II, building new local procedures in cooperation with the global implementation processes of the Company, launching new systems.
2005 , 3 months – parallel to university – at the Financial Department of Student Loan Center Inc.. Despite the short period, being involved in cash management and funding, participating in development of a short term liquidity strategy, using modelling tools, taking part in bond issueance, participating in forecasting and reporting area as well.