Bremen, Bremen, Germany
Nothing will ever be attempted, if all possible objections must first be overcome. Samuel Johnson, Rasselas, 1759 There is no need for these hypotheses to be true, or even to be at all like the truth; rather one thing is sufficient for them - that they should yield calculations which agree with the observations. Andreas Osiander, Preface to Copernicus' De Revolutionibus, 1543
Market- and Credit Risks
Head of the departments responsible for Risk Management, Pricing and Forecasting Concept and implementation of new MATLAB based calculation tool for gas and power and its interface to SAP. Optimization of the gas and power risk and forecast models and its mathematical basis. Pricing of all sales channels. Assessment and evaluation of storages and weather derivatives. PFC for power and gas. Data mining, preprocessing data, backend software solutions to optimize data flows. Migration of the old satellite environment to SAP (data and processes). Main support for other departments (including the HGB and IRFS reports and billing). Further keywords: Risk Models, Forecasting, Nomination, Pricing Models, Analytics, Market Models, Power, Gas, B2B, Pricing, Risk Management, Products, Tariffs, Pricing Engines, Individual Pricing
Head of the department responsible for Pricing, Forecasting and Risk Management Further development of all calculation tools (gas and power). Introduction of power pricing and risk assessments. Refining the risk and forecasting models and extension for power. Pricing of all offers (from tariff and matrix pricing to individual calculations of complex offers). Further keywords: Risk Models, Forecasting, Nomination, Pricing Models, Analytics, Market Models, Power, Gas, B2B, Pricing, Risk Management, Tariffs
Head of the department responsible for Risk Management, Forecasting and Application Development Further development of the calculation tool and a new web based calculation tool for external partners. Refining the risk and forecasting models. Development and implementation of backend systems to optimize data flows. Pricing of very complex and difficult offers. Further key words: Risk Models, Forecasting, Pricing Models, Analytics, Market Models, Gas, B2B, Pricing, Risk Management, Software Development
Analyst for special assignments. Accomplishments included, amongst others - the new concept and implementation of the risk premiums for the B2B business of EnBW (with the Trading department) - Concept and implementation of the automation of the offer process and deduction of customer properties - Concept and implementation of the forecast and nomination reporting (including estimation of future forecast errors) - Customized long term forecasting of one of the largest car manufacturers in the world - Concept of the IFO-Power-Index (with the Trading department and the IFO institute) Main activities included the design and evaluation of risk and pricing models, individual and customized products, market models and evaluation, forecasting and the support of other departments.
Research Associate (until 2007 for the DFG-Project "Meta-Analyse empirischer Abschreckungsstudien - ein quantitativer methodenkritischer Vergleich kriminologischer und ökonomischer Untersuchungen zur negativen Generalprävention", then for the Institute of Economics at the TU-Darmstadt