Daniel Scherwitzel

Experience

• 

  BT Financial Group

  Dec 2008 - Sept 2020

  - Delegated Lending Authority of up to $10 Million for Westpac Private andmargin lending and assisting with credit deals up to $30m across multipledistribution channels in various geographical locations.- Maintaining credit standards on our $2b loan book via annual reviews onexposures over $5m, and monthly model scoring across the whole loan bookto ensure early identification of weak or poor credits for more intensiveremedial management.- Key leader for assessment, design and implementation of credit riskstrategies/framework and risk appetite for equities division after 2009 financialcrisis. SME for credit risk policy in Westpac Private/Premium. - Monthly reporting to the Credit Committee (made up of senior management), providing objectiveanalysis of the business to manage credit risk, emerging material risks, stresstesting, provisioning levels and performance.- Risk management and reporting of our loan book using access and excel usingadvanced modeling. - Responsibility for compiling and reporting Customerdashboards for Platforms and Investments to the Reserve Bank Of Australia.- Management of total end to end Margin Call process for Westpac Group ($2billion-dollar portfolio), which includes trading clients out of margin call, as wellas training/oversight of other analysts. Responsible for credit limit breaches,compliance, supervision and reporting, senior contact point for any complaintsarising from the Margin Call process/new loans that come from the Office of theCustomer (complaints) & Australian Financial Complaints Authority. Show less - Multiple listed equity reviews for our approved securities list- Significant financial reviews on a range of investor types with varying business life maturity - Coaching and leading Junior Analysts - Overall responsibility for the Margin Call Process and Credit Limit breaches on a 2 Billion Dollar -Proactive Portfolio Management including trading clients out of margin call where required- Credit Analysis for Margin Lending and Structured Investment products. Credit authority limit of $1m when required with a total aggregate exposure limit of $5m. Overall credit assessment up to $20m. - Stakeholder management with our Premium Equity Lending teams, Private Banking and Commercial - Creation and establishment of new procedures to minimise risk and improve bank performance - Regulatory reporting Show less

  • Senior Risk Manager

    Aug 2018 - Sept 2020

  • Senior Financial Analyst

    Apr 2013 - Aug 2018

  • Margin Call Manager

    Sept 2010 - Apr 2013

  • Margin Call and Collections Specialist

    Dec 2008 - Sept 2010
• 

  Career Break

  Sept 2020 - Mar 2021

  Career Break
• 

  Westpac New Zealand

  Aug 2022 - Mar 2024

  - APS 220 - Australian prudential standard 220. APRA's revised standard for credit risk management.- APS 113- Control Environment improvements to identify opportunities to enhance, streamline, and bridge gaps in the environment over the credit lifecycle. - Partnering with colleagues across the business to guide the design of more effective and efficient processes and controls. • Credit Risk Frameworks• Governance reporting on the Credit Risk Profile• SME for APRA and BNZ credit standards - APS 112/113/220/221; COR, BPR, CCCFA and resultant impact on policies, systems, processes and attestations.• Reporting, management and triage of issues, controls, incidents, regulatory changes• ESG• CPG 229• XRB/CS1

  • Credit Risk Transformation Manager

    Mar 2021 - Mar 2024

  • Acting Senior Manager Credit Risk Transformation

    Aug 2022 - Apr 2023
• 

  Westpac

  Mar 2024 - now

  Senior Manager Credit Villages - Business