Laura Omero

Laura Omero

Credit Risk Underwriter

Followers of Laura Omero3000 followers
location of Laura OmeroSydney, New South Wales, Australia

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  • Timeline

  • About me

    Executive Director @ Standard Chartered Bank | Risk Management and Risk Data Expert | Environmental Engineering background | Sustainability and Climate Risk certified (GARP)

  • Education

    • Politecnico di Torino

      2001 - 2004
      Bachelor of Engineering - BE
    • Tecnológico de Monterrey

      2006 - 2007
  • Experience

    • GE Capital

      Dec 1997 - Aug 2001
      Credit Risk Underwriter

      · Reviewed customer cash capability to make final decision on granting loans· Underwriting lease support to evaluate financial background of companies· Investigated detailed technical conformity EU/national laws for financed goods

    • GE Renewable Energy

      Aug 2004 - Oct 2004
      Intern as A&R Engineer

      · Builted up overview on complete technical components, engineering, and GE processes. · Established contact base with various suppliers learning deeper knowledge about parts. · Life Cycle Assessment (LCA) on Wind Turbines – Obtained necessary data and information while nested within ARE to fuel thesis work

    • GE Money Mexico

      May 2005 - Dec 2006
      Product & Insurance Leader at GE Money Mexico
    • GE Vernova

      Jul 2007 - Nov 2007
      Marketing & Communication Leader EMEA

      at the time, the Company name was GE Multilin

    • BBKGE KREDIT EFC SA

      Nov 2007 - Nov 2010
      Customer Relationships Manager & Sales Finance Risk Portfolio Manager at BBKGE

      In BBKGE, a Joint Venture between the 3rd largest Spanish saving bank and General Electric, I contributed to develop strategy on CRM campaigns coordinating with Risk and Sales directors. Sales Finance dealer underwriter and monitoring/closure of dealers. Responsible for full SAS automation of risk monitoring (Portfolio Quality Review, including transformation from local GAAP to USGAAP) and CRM campaigns.

    • GE Capital

      Jan 2011 - Jun 2015

      - Made investment decisions to ensure appropriate risk/reward trade-off, with a special focus on Fleet and Equipment Finance products- Responsible for cost allocation methodology alignment across 27 countries for the ~$115B portfolio of Commercial Leases & Loans (Leveraged Lending, Equipment Finance, Fleet Services, Factoring, Distribution Finance) and Consumer products (Mortgage, Debt Consolidation, Auto, Revolving credit lines) - Pricing Systems' enhancements & systems' governance- Pan European Pricing coordinator and consolidator for Fleet tender and annual credit reviews Show less

      • Senior Pricing Manager - Pricing Information Systems

        Feb 2015 - Jun 2015
      • Senior Pricing Manager

        Jul 2013 - Jun 2015
      • Senior Risk Manager EMEA

        Jan 2011 - Jul 2013
    • GE Healthcare

      Jul 2015 - Nov 2018
      Credit Risk Leader, EMEA

      - Standardized Credit Decisioning via Credit Risk Policies, Delegation of Authority and Credit Risk Scorecard & embedded it in systems in Europe, Middle East and Africa- Influenced Senior Management to drive new credit process adoption with a wing to wing mindset- Daily Credit Reviews according to delegation of authority- Credit Risk Portfolio Management- Managed and coached a team of 9 offshore credit analysts- Established and owned analysts' Credit Risk Standard Operating Procedures- Drove quarterly analytics to report out centralized EMEA credit risk activities and auto-decisioning ratios- Drove credit risk monitoring and analytics automation efforts by partnering with IT to build real time dashboards- Member of International Credit Trade Finance (ICTF) Professionals and conference speaker Show less

    • Mastercard

      Dec 2018 - May 2022

      The role entailed leading a team of risk managers and directors located in the markets, partnering with Settlement Operations and Corporate Treasury to lead settlement initiatives in EMEA, working with Regulatory Affairs in engaging with central banks and other regulators as SME, partnering with the Product team to design innovative approaches to cater customers with different business models, developing and managing appropriate protection agreements acting as escalation point for collateral discussions with account managers and customers, reviewing and approving credit risk underwriting within delegation of authority, overseeing the CRM Center of Excellence for proper 24/7 credit risk exposure monitoring together with peer regional treasurers, managing through impact of customer failures. Show less

      • Vice President, Regional Treasurer Europe, Middle East and Africa

        Nov 2019 - May 2022
      • Director, Customer Risk Management Europe

        Dec 2018 - Oct 2019
    • Standard Chartered

      Jun 2022 - now

      • Led oversight on ECL/Loan Impairment reporting and forecasting to improve accuracy and provide better insights in Corporate Planning cycles.• Managed ECL overlays proposals and process, including audits, to ensure adequate provisioning for emerging risks.• Delegated Global Process owner for Risk Data and Reporting RCSA, overseeing Risk Data Journey strategy and MI Standards.• Drove the process to define Risk Appetite boundaries for WRB, incrementally aligning it with overall Bank's ROTE goals• Ensured consistency of narratives for Risk across regulatory reporting, annual reports and committee packs• 2nd LOD role for Group Stress Testing: review & challenge basis of preparation and methodology, including Climate Risk ST Show less

      • Executive Director, Global Lead Critical Data Workstream

        Sept 2024 - now
      • Executive Director, Head of Risk Measurement WRB (Wealth and Retail Banking)

        Jun 2022 - Sept 2024
  • Licenses & Certifications

    • SCR

      Global Association of Risk Professionals (GARP)
      May 2023
      View certificate certificate
    • Intro to Sustainability and Climate Risk Management, Markets and Instruments

      Mennta Energy Solutions
      Mar 2023
      View certificate certificate
    • Powerful Storytelling and Cut Through Communication™ by Eagles Flight Asia

      Eagles Flight Asia Pacific
      Dec 2022
      View certificate certificate
    • Realising Meaningful Change - Crotonville

      GE
      Aug 2017
    • Leading Change

      Institute for Personal Leadership
      May 2017
    • Lean Six Sigma Green Belt

      GE
      Mar 2006
    • AMC (Advanced Manager Course) - Crotonville

      GE
      Oct 2011
  • Honors & Awards

    • Awarded to Laura Omero
      2020 CFO Award Mastercard Dec 2020 In recognition of the extraordinary teamwork, collaboration, commitment and leadership for Mastercard.
    • Awarded to Laura Omero
      Q1 GE Capital Finance Excellence CFO award GE Capital CFO May 2015 For "delivering results in an uncertain world" due to successfully leading assigned Pricing data project under very tight deadlines
    • Awarded to Laura Omero
      2Q'14 GE Capital International CFO Award - Expertise GE Capital International CFO Jul 2014 "Congratulations on having been chosen to receive the Capital International CFO 2Q award for Simplification and / or Getting to Strong. Thank you for all your hard work"
    • Awarded to Laura Omero
      First GE Capital Plan contributor award - Expertise GE Capital HQ Mar 2012 For "your tireless efforts in putting the Capital Plan together. Your efforts were instrumental to the Plan being a succinct, clear and accurate summary of how we manage risk at GE Capital. Your execution under very tight and frequent deadlines was commendable"
  • Volunteer Experience

    • Voluntary Consultancy

      Issued by Compassion UK on Jul 2022
      Compassion UKAssociated with Laura Omero