•Quantitative Modelling (Valuation, Risk, Stress Testing, Capital Modelling, Fraud, Data quality)
•Risk Management (from framework design to control execution)
•Audit/Control Framework
•Board Projection
•Deep understanding of Machine Learning/AI stemming from the underlying mathematical models
•20+ years of banking, consulting and academic experience in quantitative topics; as a banker he held modelling and model risk management positions at UBS, RBS and Barclays in London. Since 2018, he has been serving clients in Romania, and gained experience of their needs.
•Validated a wide range of models for several leading global banks in London, assessed compliance with regulations and represented his employer in dialogues with regulators (FED, Finma, ECB, Bank of England).
•Credit Risk: built or validated  IFRS 9 frameworks and  their modelling components, PD, LGD, CCF,  covering a wide range of portfolios; assessed their control framework and provided actions plans and solutions to mitigate weaknesses, both for Romanian and international banks.
•Business decision models: Radu lead the development of scorecards for various purposes (PD, Collection, AML) using classical or ML techniques.
•Market Risk (Banking Book): Radu built a tool from first principles, including a solution for  validation and audit, to  be used primarily for IRRBB, but also for Budgeting, and Stress Testing for ICAAP.  Previously, he lead the implementation of a Model Risk Framework for Treasury models with processes adapted to specific Treasury activities.
•Models audit: designed, lead and execute front to back models audit for pricing and risk models for RBS and UBS in London. Recently, he performed a similar task as required by the National Bank in Romania.
•ICAAP/ILAAP: designed or reviewed the capital/liquidity adequacy process from regulatory principles to models and controls.
•Stress testing: reviewed stress testing framework and stress testing models(e.g. CCAR submission).
•A former director at UBS in London, Radu has founded Model Tree and assembled a team in Romania to leverage his  experience and local talent to provide solutions to clients.
•Radu has Ph.D. in Mathematics (Univ. Lyon, France) and is an certified Financial Risk Manager (FRM).
•Radu has  a track record of proposing effective solutions to new problems, many arising from regulatory changes.
•Radu enjoys giving both technical and softs trainings, and continues research in pure mathematics and in finance.
•He collaborates with other mathematicians from IMAR on various technical issues (e.g. defining new statistical measures to respond the need of a particular situation)

Professional Experience

Skills

Background

Radu Popescu

+40 738 846 868

radu.popescu@model-tree.net

We also advice clients on financial and non-financial reporting, and general risk frameworks(Op. Risk, ICT, Sustainability) stemming from compliance or internal governance development needs

Our delivery ranges from small pieces of code to fit client’s needs to complex model risk management framework design, including model development,  validation, models’ audit and compliance assessments, alongside with regulatory training for the board.  We use classical and Machine Learning methods with implementations meeting client’s  need (e.g. Excel, R, SAS).

We are a one stop shop for modelling and model risk management, bringing together experience and technical talent to develop solutions for current problems.

Who we are

6 Ing. Giulini Str.,

 Bucharest, Romania,

0738.846.868

radu.popescu@model-tree.net