Alen Rožac

Hi! I'm Alen, a financial and business consultant. Currently focusing on stress testing models, IRB and IFRS9 model development, and other financial & credit risk quantitative areas for financial institutions.

Experienced in banking and business in the fields of risk, finance, data, startups, business development, and strategy. Experienced in econometric model development and model validation, data science, web development, tech stack and application design, and startup business design.

As a curious soul, in parallel to working in the financial industry, I'm eager to explore technologies and teams working in other industries tackling a wide array of problems. As I'm generally interested in finance, software, technology, and startups, I also developed skills in Python, AI pipelines, JavaScript and cloud, algorithms, web applications and technology stacks, sales, and relationship management.

I balance my wide interest and specialized banking knowledge to deliver unique and informed decision-making to address complex problems in a wide array of organizations to deliver.

Experience

EconLab Consulting: Senior Financial Analyst
(2019.08 -)

Main activities include econometric modelling, development of IRB and IFRS9 models and tools, forecasting, stress testing and impairment calculation, benchmarking, and validation of models in addition to other business-related consulting.

• Development of IRB PD models for an Irish pillar bank.
• Support in EBA stress testing exercises (2020, 2021, 2022, 2023)
• Expertise: Financial & credit risk modelling.
• Consulting and development for financial institutions (mainly banks).
• Financial analysis for legal matters.
• Overview of compliance with respect to regulatory requirements.
• Professional experience in financial and banking sector.

Financial & Business Consultant
(2018.12 -)

Built trusted client relationships to identify and purse new business opportunities. Advising clients on financial and business matters to develop bespoke solutions tailored to their specific needs, ranging from financial models to advising on live deals, equity research, and product design, and business strategy. Delivered adaptive and innovative solutions to complex problems in different markets and environments. Successfully negotiated funding and investment programs.

Faculty of Economics, Ljubljana University: TA - Monetary Economics
(2022-2023)

• Close collaboration with pupils and staff to deliver high-quality seminars.
• Refreshed my knowledge in course design, student engagement, and the functioning of institution designs like the ECB and Fed.

Addiko Bank: Risk / Product Analyst
(2018.08 - 2019.08)

Played a major role in redevelopment of tools and procedures to ensure the bank's financial stability and compliance with regulations in the area of credit risk:

• Developed a tool for extreme rare event classification and early detection using Python and SQL.
• Automated internal group reporting processes on product performance.

Ministry for Foreign Affairs
(2018.05 - 2019.02)

• Represented Slovenia in European Union's Budget and 2021-2027 Multiannual Financial Framework negotiations.
• Cooperating with Member States on topics such as long-term financing, investing, budgeting, and strategy while balancing competing priorities.
• Gained a deep understanding of the intricacies of budgeting and financing at the EU level, as well as the complexities of negotiating with a diverse group of stakeholders.
• Developed strong communication and negotiation skills.
• Collaborated on problem solving by practicing clear and effective communication in achieving shared goals.

Faculty of Economics, University of Ljubljana: TA - Informatics
(2016-2019)

• Teaching and organization of computer lab sessions.
• Topics include MS Excel, databases and Business Process Management.
• Contributed to a refresh of the course and the workbook in 2019.

Addiko Bank: PMO/Process Assistant
(2017.11 - 2018.05)

• Improved bank's performance and reduced costs by identifying patterns and utilizing advanced business process techniques.
• Provided valuable analysis and recommendations to department managers using/setting KPIs.
• As-is and to-be process optimization along the whole bank structure.
• Developed solutions and tools using ARIS, VBA, Python and SQL.
• Contributed to the development of other departments' processes.

Education

MSc Economics & Finance
University of Ljubljana (2020)

Ranked among top students of the generation, and defended Master's thesis with highest grade. Received an award for independent works completed during the studies and GPA.

Graduate studies on the following topics:

• Monetary Economics
• Portfolio Management
• Econometric Analysis and Empirical Asset Pricing
• International Finance (Sovereign debt, Financial instruments)

Research:

• Modeling New Keynesian DSGE in MATLAB
• Markowitz & CAPM in Python
• Empirical Asset Pricing

Tools: Bloomberg Terminal, Python, R, MATLAB, Dynare, STATA.Ranked among top students of the generation, and defended Master's thesis with highest grade. Received an award for independent works completed during the studies and GPA. Graduate studies on the following topics: - Monetary Economics - Portfolio Management - Econometric Analysis and Empirical Asset Pricing - International Finance (Sovereign debt, Financial instruments) Research: - Modeling New Keynesian DSGE in MATLAB - Markowitz & CAPM in Python - Empirical Asset Pricing Tools: Bloomberg Terminal, Python, R, MATLAB, Dynare, STATA.

Master's thesis: Analysis of Tracking Error Factors Between Major World Indices and Tracking ETFs
Access my Master's thesis from the official University of Ljubljana Reposotiry.

BSc Economics & Business
University of Ljubljana (2017)

Activities and societies: Teaching assistant, student council, event organizer.

As an active student, I provided help organizing public events concerning current events. Developed interpersonal soft skills in the areas of event organization and non-profits.

Undergraduate studies included the basics in:

• Economics, Game Theory, Industrial Economics
• Financial Economics & Econometrics
• Accounting & Capital Markets
• Corporate Law

Experience in: STATA, Bloomberg Terminal.

Technical Skills

• Python, R, Matlab, JavaScript, SQL
• Econometric & Financial Modelling (IRB, IFRS9, EBA)
• Financial Analysis & Portfolio Allocation
• Shell, Git, Vim
• Bloomberg Terminal
• MS Office, VBA
• Machine learning & data

Interests

Although not limited to, the following work interests keep me busy, focused and involved:

• Banking: IRB, IFRS9, Credit Risk & EBA Stress Testing
• Finance: Transactions, Valuations, Research, Modelling
• Computing: Cloud soluitions, product design
• Economics: International Trade & Business, Macro
• Tech: ML/AI Infrastructure, Research, Product Development, PE
• Other: Generally interested in the cutting edge and futurology.

References: