Istanbul, Istanbul, Türkiye
I started my professional career at VakıfBank in 2021, where I worked for two years in the Treasury Middle Office Department, gaining hands-on experience in collateral management and valuation desks. In 2023, I transitioned to the Board of Auditors Department as a Risk Auditor, where I have been responsible for conducting audits on risk management practices, liquidity metrics, capital adequacy, and model validations in line with regulatory standards
Auditing Interest Rate Risk in the Banking Book (IRRBB/BHFOR) frameworks, including the review of repricing methodologies, behavioral assumptions for non-maturity deposits, embedded optionality treatment, fixed and floating-rate position classification, and economic value sensitivity under regulatory interest rate shock scenarios. Audited reports submitted to the Qatar Financial Centre Regulatory Authority (QFCRA) — including the Balance Sheet, Income Statement, Capital Adequacy, Liquidity Risk Declaration, and QFCRA BR forms — ensuring completeness, accuracy, and procedural compliance with both local and internal banking regulations. Leading end-to-end ICAAP audits, assessing the overall ICAAP process, capital adequacy planning, stress testing methodologies, and internal capital allocation strategies to ensure regulatory alignment. Conducting risk-based audits to assess the effectiveness of the bank’s risk management framework, internal controls, and regulatory compliance. Performing treasury audits, reviewing market and liquidity risk management, asset-liability management (ALM), derivatives, and investment portfolios to ensure sound financial practices. Reviewing compliance with Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) requirements, evaluating liquidity metrics, funding stability, and short-term cash flow resilience in accordance with Basel III standards. Assessing Counterparty Credit Risk management practices, including credit exposure measurement, collateralization, netting agreements, and stress testing frameworks to ensure prudent risk mitigation. Reviewing IFRS 9 compliance, including the end-to-end Expected Credit Loss (ECL) process, staging assessments, and model governance. Performing model audits with a specific focus on Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD) models to ensure accuracy, robustness, and regulatory alignment.
Carrying out Kondor+ Administration Process Monitoring country and bank limits Tracking daily margining process of collateralized derivate transactions. Process Portfolio Reconciliations and Dispute Resolution process. Interpreting legal documentation to margin requirements (legal contracts in specific to ISDA, GMRA) Monitoring the changes in regulations and update files Control of various treasury products including Money Market products, CDS, Repo, Forex (spot, forward, swap, options, futures), Bonds, Interest Rate Derivatives and all aspects related to the trade life cycle.