Stanislav Sabol

Treasury consulting/external consultant Prague - August 2023-now

• providing a complete treasury advise to Treasury department for Alef Nula Group (CISCO distributor)
• analyzing and improving the FX hedging process
• analyzing and improving the P&L reporting of the company

Head of Treasury/Treasury Management Specialist|External Consultant, Prague - March 2023 - July 2023

• Serving on a contract basis as a Head of Group Treasury/Treasury specialist for a company in the gaming/betting industry
• cash management, daily management of cash position
• development of cash report
• development of cash flow forecast
• implementing cash pooling (5 countries CZ, SK, RO, PL, CRO)
• cooperating on the implementation of TMS Kyriba
• bank relationships

Head of Treasury - Remote|External Consultant, Gibraltar - November 2022 - January 2023

- serving on a contract basis as a Head of Group Treasury for a Gibraltar startup crypto-oriented based bank with a worldwide coverage- XAPO bank

- Experience with Fireblocks -managing BTC transactions within XAPO VASP entity

- Experience with Lighting network - BTC payment network implemented within the Group (to enable our clients fast payments)

- Experience with stablecoins as USDC -managing the BTC lending (evaluation of credit risk), cooperation with companies like Coinbase (lending, BTC/USD trading) ,BitGo (Lending), Bitstamp (BTC/USD trading), Circle (USDC conversions)

- Knowledge of Basel (BCBS)/EU regulation regarding the crypto assets,( MiCAR, Basel documents/Prudential treatment of cryptoasset exposures,...) , Gibraltar cryptocurrency regulation

- Also responsible for the treasury operations in the XAPO VASP entity (VASP Virtual Asset Service Provider). The XAPO VASP entity was fully regulated entity by the Gibraltar regulator - leading a team of 2-4 colleagues (different Continents/time zones)

- focusing on all issues related to Treasury, Treasury operations, Risk, Finance, Regulatory reporting, funding management, cash management

- ICAAP/ILAAP, Recovery and Resolution plan, Stress testing development/management (both bank and VASP entity)

• focusing on data transformation/transmission in risk management (credit risk) within Raiffeisen Czech Republic group
• establishing a bridge between the stakeholders( (risk management, finance) and IT team
• analyzing the business requirements of stakeholders (credit risk modelers)
• writing business specifications for IT team
• testing the data quality for risk modelers in a new database for IT department
• analyzing the ESIF reporting requirements,translating the business requirements for IT team

Financing

• Maintaining adequate sources of funding for Avast Group entities
• Management of syndicated loan/revolving facility
• Bank guarantees/ Letter of credit management

Bank Management

• Developing and maintaining relationships with banks (local and foreign banks)
• Complete administering of bank accounts
• Bank FATCA,KYC management
• LEI codes management
• Responsibility for compliance certificates for investors/banks
• Administration and management of Payment cards

Cash Management

• Allocating cash efficiently between funding and operating accounts
• Cash pooling management
• Management of intercompany cash and loan balances using TMS
• In-house bank, administering intercompany loans and intercompany bank accounts)
• Implementation of virtual bank accounts

Risk Management

• FX risk hedging management
• Interest rate risk hedging management, hedge accounting management in line with IFRS 39/IAS 9

Policies and strategies

• Hedging strategy
• Financing strategy
• Treasury Policy
• Dividend Policy

Reporting

• Cash position and movements
• Providing inputs for management, statutory and audit reporting
• Developing and improving the accuracy of cash flow forecast
• Monitoring regulatory reporting duties

Payment Gateways

• Management of payment gateways
• Helping eCommerce department optimize the network of payment gateways

Rating agencies

• Building and developing of relationships with rating agencies (Moody's, S&P, Fitch)

Covering a wide range of projects focusing on ALM/treasury/risk/finance management, financial management, banking regulation

• Leading projects regarding a development of bank group high-level business controlling/reporting department •
• Leading projects focusing on setup of treasury/ALM function (strategy, policies, procedures, analytical projects)
• A detailed knowledge of FTP methodology (Funds Transfer Pricing) AQR (asset quality review in line with European Central Bank (ECB) methodology) as a Senior Project Manager)
• Leading MiFiD II/MiFiR projects (Czech republic, Romania) • Providing hedge accounting service
• ICAAP/ILAAP, Recovery and Resolution plan, Stress testing consulting

• Providing consultancy/advisory and implementation services in bank Risk/Treasury/ALM/finance management
• Leading implementation projects in Finance/Treasury/Risk area
• Development of reporting processes on Liquidity and market risk topics

• Focusing on market research for alternative investment funds for insurance and pension fund companies
• Business development and fundraising for alternative investment funds

• Responsible for management of strategic projects within KBC Group (KBC Bank, KBC Insurance) in different fields (market risk, credit, FX, liquidity&funding strategy, capital management,) for overall KBC Group members Focusing on KBC Group members participations in Ireland, Belgium, Czech and Slovak Republic, Hungary, Bulgaria

• Managing a team up to 10 people, people development, motivation and performance evaluation thru KPI indicators
• Responsible for overall Balance sheet/PL management/reporting (strategies, policies) within CSOB Group/bank treasury including all CSOB bank subsidiaries
• Balance sheet forecasting and planning. Responsible for short and long term liquidity/funding management/strategy for all Group members, debt issuance experience
• Cash management/forecasting, cooperation with all bank payment departments
• Funds Transfer Pricing (FTP implementation responsibility and development) Responsible for identifying, measuring and implementation of interest rate risk management within CSOB bank and Group subsidiaries, total Group Balance Sheet around CZK 990 bln (EUR 36 bln)
• Responsible for financial management of the bank (capital management, Net Interest Margin(NIM)/Net Interest Income/NII) management)
• Responsible for optimal capital allocation within CSOB Group subsidiaries (financial, capital consumption, tax point of view) • Responsibility for hedge accounting strategies, (fair value/cash flow), management of derivatives portfolio
• Bank/Group (subsidiaries) funding strategy (securities, loans, equity)
• Responsible for market risk (IRR, FX ) management for all CSOB Group members. A detailed knowledge of trading{/FM products
• Liquidity and market risk stress testing Responsible for the investment strategy of the bank (derivatives, bonds, MM placements,...)
• Coordination and negotiation of external funding for Corporate /SME segments/CSOB leasing (e.g. EIB bank, EBRD bank), overall responsibility for legal , financial and business aspects of contracts • Cooperation and support of business segments; Small and Medium enterprises (SME), Corporate, Retail, Private banking based on SLA agreements
• Leading Treasury/ALM/Finance/risk IT implementation projects within the Group (MUREX, RISKPRO)
• Communication to external auditors, Czech National Bank, rating agencies, CSOB BoD senior management including senior management of CSOB subsidiaries
• ALCO/Risk/Investment committee member (2000-2013) within CSOB Group (CSOB bank, CSOB Insurance, CSOB pension Fund)
• Various statutory positions with ČSOB group (Vice Chairman of the Supervisory Board of Directors in CSOB Advisory a.s. Member of Board of Directors in Centrum Radlická a.s)

• Leading market risk implementation projects
• Monitoring liquidity on daily basis, overall bank position and for individual trading desks (MM, FX, derivative desk), contingency liquidity planning scenario stress testing
• Limits proposal (market risk, liquidity risk)
• Measuring a price risk sensitivity for accrual book through a gap analysis, Factor sensitivity and Earnings at Risk, measuring a price risk sensitivity for trading book through Factor Sensitivity and Value at Risk (VaR)
• Measuring and monitoring other limits as Aggregate Contract Limits, Total Positions Limits, building up and developing of monitoring systems, regular reporting to Headquarters