Deloitte has announced the appointment of Tamás Szauer as its new director of the risk management business line, with Szauer working as an external advisor for Deloitte before the appointment, according to a press release sent to the Budapest Business Journal.
Szauer, an expert with 15 years of experience, will be in charge of controlling Deloitteʼs risk management projects involving financial institutions.
"Joining the Deloitte team is an exciting challenge for me. With growing regulatory and supervisory expectations and a need for increasingly complex knowledge, the financial market has plenty of opportunities for us," says Szauer. "Modern quantitative methodologies and machine learning, which have practically appeared in all sectors and are continuously spreading, play an important role. I think that with my professional experience, I can contribute to further success on a regional level."
The newly appointed director began his risk management career at leading regional bank groups K&H and OTP, afterwards working on the implementation of the Basel II regulation in Hungary and Central Europe. Later, he joined Raiffeisen International, and was responsible for the introduction of the regulation in Bulgaria, Albania, Kosovo, and Poland, as well as the validation of the retail model.
Over the course of his career, he also worked at the FHB Group in the portfolio and risk management field. Szauer participated in due diligence, portfolio valuation and transformation projects, as well as in the development of collection processes. He joined the Hungarian Post services as deputy CEO responsible for financial services and the network in 2012. He was involved in multiple large volume projects in the renewal of financial services, the launch of new payment channels, and network optimization.