Tasks Exerted functions:

Business Analyst in Basel II Reporting

Exerted functions:

-In charge of the Market Risk Standardized European Common Reporting (CoRep) Production (risks in Traded Debt Instruments, Equities, Foreign Exchange, Commodities).
Understanding of the different risks and financial instruments used to cover positions in Market Risk Internal Model (Value at risk) and Market Risk Standardized.

-In charge of the reconciliation between Market Risk under Basel II and Basel I with Business Objects tool and Fermat queries. Audit of the procedure of the Market Risk in the at the level of Fortis Bank Belgium consolidation in place to improve process for the 2008 Fast close project.


-Help to the European legal entities of Fortis (Turkey included) to understand the specificities of the Basel II Market Risk Standardized calculation and reporting.

-Part of the Basel II Synthetic Securitisation Project Framework: Basel II understanding and reporting on Cross Border Deals within Fortis.

-Basel II Reporting test on Synthetic Securitisation SME Deals, Basel II Reporting test on Synthetic Securitisation Leasing Deals.

-Analysis on the Basel II eligibility of internal counterpart, Basel II CDS Treatment Analysis

-In charge of setting procedures that would be used by the Basel I team in the operational mode in 2008 to produce the whole range of CoRep (except Operational Risk).

-In Charge of the Production of the Capital Requirement Directive Own funds (90.01) for all entities under the banking scope of Fortis Bank SA. Setting National discretions differences in the application of the Basel II Framework between legal entities.

-In charge of the training for the Belgium Basel I team on differences between Basel I and Basel II.
Explanation on the basic Concept of Basel II and explanations of the new tools to be used in the Central Value Chain (Fermat, Crew, Business Objects) .

-Implementation of comparison tool of European Common Reporting between quarters tailored for the management needs. (CoRep)

-Determination of the Basel II Scope for all the banking entities under Fortis Bank SA .

Exerted functions:

-Capital Guaranteed Funds Auditing and Liquidation. (Fortis Investment Management SA, Fastnet SA):

o Use of the Black & Scholes and Monte Carlo models in the valuation of options with multiple underlying assets for capital guaranteed funds.
o Use of other analytical techniques.
o Reconciliation between accounting and hard evidence for liquidation.

-Financial auditor in several Companies (Dexia Bank, Celio SA ,Fidexis SA ).

o Selection and testing of items from the major account balances.
o Comparison of sets of financial and accounting information (General ledgers, FinRep, Schema A,..).
o Comparison between quarters of sets of financial information.

- Sox Auditor (Mactac Europe):

o Assessment of the internal control procedures (by checking the respect of the signing procedures, account reconciliations, segregation of duties).
o Determination of the different buckets where risk SOX controls are assessed

- Review of the Internal Auditing (Celio SA)

o Assessment of the internal control procedures.

- Stock Counts for SPE Electrics Infrastructure.