Working Experience

Fernando Gonzalez Cervantes

Managing Partner

Fermac Risk

Providing Practical credit risk Solutions and Collection strategies during financial crisis.
We have helped clients with diverse services, from developing scoring model methodologies to implementing credit risk management projects.
Offering practical Training courses in credit score methodologies, collections scorings, economic capital management, estimation of PD.LGD and EAD, Basel II and credit rating.
Manage development and implement Credit Risk Management and Stress Testing processes and applications for Basel 2 Pillar 1 and 2, and Economic Capital management.

EXPERIENCE

EQUIFAX, Predictive Sciences Director 2007-2008

Working Place: Madrid, Barcelona, Portugal and Latin-American Countries

Responsible of consultancy and product development in Spain and Portugal.
Credit Risk Consultancy: new account acquisition, portfolio management, Fraud management and Collection strategies for credit card and consumer portfolios.
Marketing Consultancy: Propensity modelling, demographic and behavioural segmentation and marketing clusters.
Basel II Consultancy: Estimation PD, LGD and EAD, loss provisions, economic capital, Quantitative and Qualitative IRB Validation.
Custom Credit Scorings: for consumer portfolios: application, collections, behaviour and churn scorings, for SME and corporate portfolios: Credit Ratings and shadow ratings.
Product Development: Generic scores such as: Default, Collection, Recovery and Bureau Score.

SAS Institute, Risk Intelligence Manager 2005-2007

Working Place: Madrid, Barcelona, Lisbon and Heidelberg.

Responsible of developing marketing plan in order to sell risk intelligence solutions in SAS Spain and SAS Portugal. Identified market new tendency and functional requirements.
Responsible for the delivery of Credit, Market and Operational Risk projects driven by regulatory change such as Basel II, Solvency II and MIFID.
Recruit and lead 12 person risk intelligence projects.
Execute business strategies to increase risk solutions sales in 300% and achieving a significant market share in Spain from 25% to 45%.
Offering Credit Risk Management solutions and Implementing Standardized and IRB approach Basel II projects in several banks and saving banks.

BBVA, Risk Manager 1999-2005

Working Place: Madrid and Mexico City

Developed a detailed action plan to identify data, system and people requirements in order to put into production the advanced and foundation internal rating systems for credit and operational risk approaches.
Responsible for developing, calibrating and validating internal rating and scoring models to predict probability of default (PD), loss given default (LGD) and exposure at default (EAD) in Latin America including the following countries: Brazil, Chile, Colombia, Venezuela, Puerto Rico, Argentina and Peru.
Developed a credit portfolio risk engine programmed in SAS with the following features: efficient frontier, RAROC, stress test analysis, credit limits, scenario analysis and economic capital.
Quantified Operational Risk according to Basel II. Analyzing Public and Internal Loss Data, working with other teams analyzing Business Environment and Internal Controls, defining Control Self Assessments and Key Risk Indicators into the exposure model and contributing to reports on capital and exposure.

CITIBANK, Portfolio Manager 1998-1999

Working Place: Mexico City

Execute credit management and collections strategies using TRIAD system. Develop behaviour scores for credit card and mortgage portfolios.
Implemented and developed forecasting models that measure and reduce the net credit losses in loan portfolios.

COMEX, Marketing Econometric Modeller 1997-1998

CITIBANK, Financial Advisor 1991-1996

EDUCATION

Publication in Financial Tech Magazine about my appointment as risk intelligence manager (Articles in Spanish):

Paper of Basel II in the Spanish magazine “Estrategia Financiera “:

Paper of marketing and credit scoring Publisher in Marketing MK magazine:

Credit risk course, Euromoney training, Miami, Florida, I am the course director