Raptopoulou Olga

Experience

• 

  Geniki Bank

  Nov 2005 - Apr 2006

  Credit Analyst, internship

  Assisting in the evaluation and assessment of the creditworthiness of SMEs clients

• 

  Geniki Bank, subsidiary of Societe Generale

  Jul 2006 - Nov 2014

  Main responsibilities included:1. Definition and justification of audit scope and the choice of sampling and selection method 2. Timely collection of documentation, information and data necessary for the accomplishment of audit mission and performance of relevant fieldwork, within tight timeframes3. Highlighting weaknesses of the bank's internal control system and processes and drafting recommendations for corrective measures4. Reporting the conclusions of fieldwork in a reliable, adequate, effective, well argued, precise and timely manner, while acting with integrity, objectivity, confidentiality, analytical thinking, professional curiosity and high degree of autonomy and presenting results in a conclusive and synthetic way5. Identifying activities and areas presenting high level of risk and ensuring that they are properly monitored and the relevant risks are mitigated6. Follow up of internal audit recommendations in order to assess the progress of corrective measures undertaken by auditees7. Developing audit methodologies in order to perform all the necessary controls using risk based approachAudits performed:Credit control audits, credit financing audits, regulatory audits (eg. Provisions Audit, Capital Adequacy Audit), special audits (fraud oriented audits), network audits (branch audits), corporate governance audit et.al. Show less Assigned with the portfolio management of small and medium enterprises in the area of Attika. In particular main responsibilities involved: 1. performing fundamental research and credit analysis in order to evaluate counterparty creditworthiness, collaterals offered and repayment ability and mitigate undertaken risks 2. provision of financial services and management of financing needs of small and medium enterprises on a daily basis within the established banking guidelines 3. submission of credit requests, including a thorough presentation of the company's activities, financial status, strengths and weaknesses and the financing proposal to Credit Assessment Unit using risk management techniques and credit risk models 4. daily review and monitoring of the collateral documentation and compliance with bank's policies and procedures and banking regulations (eg compliance with money laundering regulations) 5. management of past due/ non performing clients through restructuring options assessing the financial condition and performing viability research for our clients. Show less Assigned with the credit analysis of small and medium enterprises in the area of Thessaloniki and then Attika. Main responsibilities included: performance of fundamental research and credit analysis in order to evaluate counterparty creditworthiness, collaterals offered and repayment ability  analyzing current and past financial data and performance and preparing reports and projections based on this analysis evaluating current capital expenditures and depreciation establishing and evaluating profit plans identifying trends in financial performance and providing recommendations for improvement or risk mitigation drafting the clients’ credit proposal based on the overall analysis, including among others a thorough presentation of the company's activities, financial status, strengths and weaknesses and the financing proposal, using risk management techniques and methodologies Show less

  • Internal Auditor

    Dec 2011 - Nov 2014

  • Junior Relationship Manager

    Dec 2010 - Dec 2011

  • Credit Analyst

    Jul 2006 - Dec 2010
• 

  Piraeus

  Nov 2014 - now

  Management of a team of 4 members and ensuring the timely and qualitatively performance of audits within the framework of regulations in force. Tasks involve inter alia: the design of risk assessment methodology concerning credit risk areas and proposal of internal audit enhancement initiatives (eg training and seminars proposals, tools development/purchase) the implementation of risk assessment and the design of yearly audit plans covering the Units and subsidiaries within the Group evaluation of the adequacy and effectiveness of the Group's internal controls and mechanisms and Group’s compliance with internal and regulatory requirements (eg ECB/SSM/BoG) and regulations governing risk management area coverage of all aspects of the Group's credit risk and capital management, including but not limited to:a. adequacy, effectiveness and adherence to regulatory requirements and framework, as well as to internal risk strategies, policies and proceduresb. assessment of credit risk (including IFRS 9 models), pricing and capital models and methodologies by performing independent evaluation of their design, use and performance (including evaluation of implementation, validation and monitoring aspects)c. quality, integrity and accuracy of risk data, using data analysis tools (eg ACL) and methods, managing complex databases and covering ETL processesd. verification and monitoring of risk exposures on solo and Group level review and monitoring of regulatory framework developments evaluation, preparation and submission of the annual Internal Auditor's Report for the Internal Control System submitted to BoG concerning the areas under audit drafting of progress reports on a quarterly basis and KPIs monitoring in order to secure timely implementation of the yearly audit plan Show less Management of a team of 4 members and performance of audits within the framework of regulations in force. Tasks involve inter alia: the design of risk assessment methodology concerning credit risk areas and proposal of internal audit enhancement initiatives (eg training and seminars proposals, tools development/purchase) the implementation of risk assessment and the design of yearly audit plans covering the Units and subsidiaries within the Group evaluation of the adequacy and effectiveness of the Group's internal controls and mechanisms and Group’s compliance with internal and regulatory requirements (eg ECB/SSM/BoG) and regulations governing risk management area coverage of all aspects of the Group's credit risk and capital management, including but not limited to:a. adequacy, effectiveness and adherence to regulatory requirements and framework, as well as to internal risk strategies, policies and proceduresb. assessment of credit risk (including IFRS 9 models), pricing and capital models and methodologies by performing independent evaluation of their design, use and performance (including evaluation of implementation, validation and monitoring aspects) c. quality, integrity and accuracy of risk data, using data analysis tools (eg ACL) and methods, managing complex databases and covering ETL processesd. verification and monitoring of risk exposures on solo and Group level review and monitoring of regulatory framework developments  evaluation, preparation and submission of the annual Internal Auditor's Report for the Internal Control System submitted to BoG concerning the areas under audit drafting of progress reports on a quarterly basis and  KPIs monitoring in order to secure timely implementation of the yearly audit plan Show less The scope of credit risk management audits includes inter alia audits of the following areas (standalone or in combination):1. risk management framework (governance, RAF, risk strategy etc)2. the identification, estimation, management and monitoring processes of all the subrisks and their components within credit risk (Lending including FX and specialized lending risk, concentration, counterparty credit risk, issuer risk, settlement risk, sovereign and country risk, transfer risk, residual risk, excessive leverage risk)3. minimum capital requirements calculations for credit risk (Pillar I, both standardized and IRB approach for credit risk), 4. the Internal Capital Adequacy Assessment Process (ICAAP) Tasks involve:1. risk assessment and recommendation of yearly audit plans within the strategy by the Internal Audit Department 2. evaluation of the adequacy and effectiveness of the Group's internal controls and mechanisms and Group’s compliance to internal and regulatory requirements (eg ECB/SSM/BoG) and regulations governing risk management area3. coverage of all aspects of the Group's credit risk processes, including but not limited to:- adequacy and adherence to risk policies and procedures,- accuracy, effectiveness and compliance to regulatory requirements and best practices,- quality, integrity and accuracy of risk data,- verification and monitoring of risk exposures on solo and Group level4. follow up of recommendations 5. review and monitoring of regulatory framework developments 6. submitting the part for credit risk management in the annual Internal Auditor's Report for the Internal Control System submitted to BoG7. drafting of progress reports on a quarterly basis Show less Tasks involve:1. evaluation of the adequacy and effectiveness of the Group's internal controls using a risk based methodology developed with professional auditing standards. 2. assistance in monitoring the Group’s compliance with internal guidelines set for risk management and risk monitoring, as well as external rules and regulations governing the industry.3. review and assessment of regulatory framework developments and the relevant conditions within the Group and recommendation of audit projects to be performed on a yearly basis. 4. credit risk management audits covering all aspects of the Group's credit risk processes, including but not limited to:- adequacy of and adherence to risk policies and procedures,- accuracy, effectiveness of internal models and their compliance to regulatory requirements and best practices,- quality, integrity and accuracy of market and risk data,- verification and monitoring of risk exposures regulatory calculations.Areas within the audit scope of Credit Risk include lending/default risk management, concentration risk management, credit counterparty risk management, settlement risk management, sovereign risk management, issuer risk management, residual risk management, model risk management, excessive leverage risk management. Furthermore, credit risk also includes capital adequacy audits under standardized and Internal Rating Based (I.R.B.) approach, IFRS and Regulatory Impairment audits, forborne and non performing exposures audits. Show less

  • Director

    Nov 2024 - now

  • Senior Audit Manager

    Jun 2020 - Oct 2024

  • Assistant Audit Manager

    Aug 2019 - Jun 2020

  • Audit Supervisor, Credit Risk Management Audit Unit

    Jan 2017 - Jul 2019

  • Experienced Internal Auditor, Credit Risk Management Audit Unit

    Nov 2014 - Dec 2016