1997 to date STUR CAPITAL MARKET SERVICES, Frankfurt/Vienna, Proprietor
• Built and run a consulting business targeted at banks, corporates, funds, sovereigns and sub-sovereigns (1999-2002 banks only) in Germany, Austria, UK, Iceland, Italy and other Western-European and CEE countries, consulting on
o Rating Advisory
o Strategy (banks only)
o Credit Risk-Management (banks only),
• Repeated interim management assignments/projects, including e.g.:
o 2008: assisted a major Italian bank to build an internal (advanced IRB) model for a specific part of its portfolio (both, PD and LGD)
o 2007: built and managed the credit function for the fast growing London branch of a Nordic investment bank, with full voting right in the bank’s Credit & Investment Committee, with a strong deal-flow in the Nordic and CEE regions and the UK, in all, debt, equity and mezzanine; functioning as acting head of global credit for the entire bank
o 2006: developed a sophisticated expert-driven rating model covering automotive suppliers for the European branch of a specialized U.S. consultancy
• Successful execution of numerous mandates
• Significant market-share within chosen target market, against formidable competition

1999-2002 EURORATINGS AG, Frankfurt/Vienna, CEO/Shareholder
(other shareholders included the German and Austrian governments (indirectly) as well as 2 publishers (Handelsblatt and Hoppenstedt))
• Established, built, and managed Credit Rating-agency for SMEs in Germany/Austria
• Conceptualized and implemented business model
• Recruited and managed a team of 11 employees (8 professionals)
• Successfully built up strong market presence, high brand recognition and professional image
• Conceptualized and implemented proprietary analytical model and methodology
• Designed and executed intensive PR/marketing concept, including advertising, numerous interviews, speeches (over 150) and publications
• Executed many rating mandates by SMEs
1998 Preparatory Working Group for EURORATINGS, chairman
• Recruited and chaired a working group of prominent potential investors and consultants, resulting in a feasibility study, business plan, and in the end in the establishment of EURORATINGS

1993-96 LEHMAN BROTHERS BANKHAUS AG, Frankfurt, Executive Director
• Head of Credit, reporting directly to management board
• Coverage extended to Germany, Austria, and CEE
• Responsible for hundreds of counterparty risk-limits with a 11-digit ($) aggregate exposure
• Built and administered limit control-system
• Analysis of credit risk
• Close cooperation with Corporate Finance in various Investment Banking mandates

1987-93 Moody’s Investors Service, Inc., New York, Senior Analyst, AVP
• “lead analyst“ for the rating of banks and trading houses in Germany, Austria, Luxemburg, Netherlands, Canada and 6 U.S.-states
• „Back-up“ responsibility for the rating of banks in Italy, Switzerland, France and United Kingdom.
• Strong expansion of the coverage
• Robust ex-post accuracy of ratings
• Travelled extensively within said markets
• Many publications and speaking engagements

1982-86 Citibank (Austria) AG, Wien, Account Officer, Fin’l Institutions, AVP
• Marketing- and credit responsibility for banks
• Member Credit Committee
• „Country Manager“ for CSI-Travellers’ Checks and Cashletter-products
• Successfully built and ran a sizable market for US$ Bankers’ Acceptances
• Passed „Account Officer Training Program“