Victor ANDREI

Director, Market Operations Department @ National Bank of Romania | Banking, Risk Management, Portfolio Management

Bucharest, Bucharest, Romania

About

With over 17 years of experience at the National Bank of Romania, I oversee international reserves management, monetary policy implementation, and government securities operations. My work includes managing middle office risk and back office operations, contributing to the financial stability of the institution. A skilled professional in risk management, banking, and portfolio management, I am committed to delivering the KPI’s. Collaborating closely with key stakeholders, I support the development of robust financial frameworks to drive efficiency and continuous improvement.

Experience

  • National Bank of Romania (15 yrs)
    • Director, Market Operations Department
      Oct 2012 - Present · 13 yrs 9 mos

      Management of international reserves, monetary policy implementation operations (including FX interventions) and of the primary market for government securities; Management of middle office/risk division related to the foreign currency reserves administration; Management of the back office division, in charge of the NBR’s back office operations and of the Ministry of public finance foreign currency payments (NBR is agent for the MoF); Successfully teamed with the Ministry of public finance to implement complex criteria for developing government securities secondary market; Project director for the implementation of a Straight through process system (“Wall Street Suite”) that includes all front office operations (including the monetary policy implementation ones), middle and back office, accounting and SWIFT messages; Romanian representative in the Market Operations Committee (and its subcommittee Monitoring Working Group) at the European Central Bank; Member of several technical committees at the NBR, including Monetary policy, Investment and Euro adoption ones; Part of the NBR’s team involved with the IMF, World Bank and European commission program for Romania.

    • Deputy Director, Market Operations Department
      Feb 2012 - Sep 2012 · 8 mos

      Helping the Director in the management of international reserves, monetary policy implementation operations (including FX interventions) and of the primary market for government securities; Helping the Director in the management of back office division (in charge of the NBR’s back office operations and of the Ministry of public finance foreign currency payments - NBR is agent for the MoF); Helping the Director in the management of middle office/risk division related to the foreign currency reserves administration; Deputy project director for the implementation of a Straight through process system (“Wall Street Suite”) that includes all front office operations (including the monetary policy implementation ones), middle and back office, accounting and SWIFT messages; Romanian representative in the Monitoring Working Group at the European Central Bank; Alternate member of several technical committees at the NBR, including Monetary policy, Investment and Euro adoption ones, member of the Investment one; Part of the NBR’s team involved with the IMF, World Bank and European commission program for Romania.

    • Advisor - Market Operations Department
      Jul 2011 - Feb 2012 · 8 mos

      Advising the Director and the deputy director.

  • Financial Business Consultant at Sprint Curier
    Apr 2011 - Jul 2011 · 4 mos

    Optimizing the operating costs and EBITDA in view of enhancing the divestment outcome.

  • Chief Financial Officer at URBAN SA
    Sep 2010 - Apr 2011 · 8 mos

    Drafted the restructuring plan; Optimized the supply flow; Created a business plan for enhancing the flow of waste management and the cash flow of the company; Initiated meetings with Private equity funds.

  • Director and Board Member of Romanian Investment at Royalton Partners
    Apr 2008 - Aug 2010 · 2 yrs 5 mos

    Responsible with deal sourcing in Romania and Bulgaria; Secretary of the Investment Committee; Board Member of the Romanian investment, Certasig Asigurare-Reasigurare S.A., a general (non-life) insurance company.

  • Deputy General Manager, Board Member, Country Treasurer since 2001 at Citi
    1996 - 2007 · 11 yrs

    Since 2001 Country Treasurer, in charge of the bank liquidity, managing clients’ and own’ s bank flows/positions in FX, MM, Government securities and related derivatives; Member (chairman for some periods) of ALCO, member of the Executive Committee and of the Compliance Committee; Part of the team dealing with internal and external auditors; As a proactive primary dealer contributed to the development of government securities secondary market; Own trading portfolio in above mentioned treasury products; Dealt the first derivative product FCY/RON in the local market; Contributed actively to developing the local derivatives market; Excellent financial results, exceeding yearly the budget; Implemented a new Transfer Pricing mechanism. VP since 2001 until October 2005, since then Director; 1996-1988 Dealer 1998-2001 Chief dealer