Christos joined as a Credit Risk Analyst in Statistical Decisions Hellas in November 2011 while he was promoted to Senior Analyst in September 2016 and to Risk Manager in October 2018. He has been involved in various projects related to the development and monitoring of Application and Behaviour score models for Retail and Small Business lending Portfolios of Credit Institutions in Greece and the Balkans. In addition, he has been involved in projects related to Basel II IRB and IFRS9 Analytics and Consultation Support and he has also participated in several consultancy and marketing projects regarding the Retail Portfolio of a major Greek Retail Business.

Christos is a highly motivated and responsible professional, dedicated to achieving and surpassing goals while constantly striving for self-improvement and challenging conventional practices. A team player who aims to inspire his colleagues and associates with both his performance and his personal qualities.

Education

University of Athens, Department Of Mathematics

MSc. in Statistics and Operational Research, 2008

BSc. in Mathematics, 2006

StatDec's expertise is in providing Consultation and Decision Support Analytics to Financial Institutions who are seeking an efficient and effective approach in managing their Retail Portfolios and increasing their Profitability.

StatDec brings to the market an array of skills of the highest calibre combined with extensive practical experience.

Application and Behaviour Scorecards are our core business with hundreds of statistical models being developed and supported over a 30 years period, implemented in over 100 Financial Institutions in more than 35 Countries around the world.

Over the years we have gained a wide experience in data analytics and processed a vast variety of databases. Our expertise covers all the areas of:

• Data management, data cleansing, data mining
• Application of methodologies for models’ development and validation, forecasting, essential analytics, reporting.

Application and Behaviour Scorecards have now attained a vital role for the Risk Assessment and Management of Financial Institutions, used for Capital Requirements and IFRS9 Provisions. StatDec expertise in statistical modelling and portfolios analysis positions the company as the ideal partner for effective risk management and covering Supervisory Requirements Basel Framework on Internal Rating Models (IRB) and IFRS9 Standard on Provisions.

Besides Scorecards and Supervision, Statistical Decisions’ services cover every aspect of a Customer-Lender relationship range from Credit Initiation and Marketing Response Models to Credit Risk Modelling and Debt Collection consultation.   

Our analysis toolkit includes well-proven statistical, econometric and stochastic methods. Going further, we closely follow and incorporate in our analyses the state-of-the-art methods of Machine Learning and Artificial Intelligence. ML AI techniques such as Random Forests, Neural Networks and Gradient Boosting algorithms are being used in giving answers to real problems:

• To challenge existing models developed with regression methods
• To unveil underlying trends and enhance traditional regression models
• To model with large datasets and Big Data, e.g. transactional models

Key aspects that allow the recognition of the firm as a leader in Credit Scoring Services in the Greek market and one of the main providers in the Balkans are:

A Tailored Solution - No two institutions or sets of circumstances are the same; StatDec does not offer off-the-shelf solutions but instead approaches each project as a unique challenge and delivers targeted solutions set at the correct level for each situation. StatDec's solutions are not system dependent and therefore can be optimised for each case.

Full Consultation - Success in retail banking involves the interaction of many processes and areas of the business. With our in-depth knowledge and extensive experience of the whole cycle, StatDec is able to advise the client on the impact of changes not only in the area being examined but also the knock-on effects on other areas of the business.

Not content with just reporting numbers; all of our reports, analysis and other outputs are reviewed by more than one experienced professionals who add targeted consultation and actionable recommendations

Full Disclosure - StatdDec abhors the black-box approach offered by many in the industry. In order for a business to progress it is essential that their staff becomes familiar with the rationale, functioning and impact of all parts of the credit cycle. To this end, knowledge transfer is an inherent and fundamental part of every StatDec’s project.

Comprehensive Support –With our experience and extensive knowledge of retail banking, StatDec is able to provide the correct level of support at each stage of the project.

Partnership – is the key to the success of a project with both parties, StatDec team and the client , working closely together; StatDec will bring the same high degree of commitment to every project

IT-Independent Solutions that allow flexibility in implementation alternatives and avoid compatibility constraints

Flexible and Responsive Project Management, so as to link deliverables with findings though-out the analysis

2003 to date Statistical Decisions Hellas, Director

1995 to date    Statistical Decisions Ltd, Director

1991 to 1995   Credit Score Manager, Citicorp Mortgage, USA.

1985 to 1991   Manager of Portfolio Analysis, Citicorp National Services, USA

Malcolm joined Statistical Decisions in 1995 as Development Manager and is now a director of Statistical Decisions in the UK and is country head of Greece and Eastern Europe. He has developed technical and strategic risk management solutions with a wide range of clients in the banking and retail lending industry worldwide. He has in-depth knowledge and experience of risk model development, including Basel II and regularly consults to clients on account acquisition and other risk related issues.  Particular areas of expertise include the development and implementation of statistically derived consumer risk models including application, behavioural and internal rating and SME models. Malcolm also consults in the area of mergers and acquisitions and provides training to clients in many areas of banking. Malcolm has a wealth of experience in hiring, training, and developing analytical and score development teams.  

Previous Experience

At Citicorp Mortgage he was responsible for developing and implementing behavioural scoring models in collections, treasury and marketing. In addition he was involved in developing risk score-based pricing initiatives. At Citicorp National Services his role included credit cycle monitoring and reporting for various indirect consumer products.

Education

BSC (Hons) Urban and Transport Planning, Aston University, Birmingham UK