Nicolas HOFLACK

Deployment of IT Transformation Project in redefining Engines computing liquidity gaps, interest rate gaps, FTP internal pricing, P&L within the Target Operating Model (TOM). • Participation in different committees (Steerco ALMT Engines, TOM, IT Transformation Plan). • Monitoring the roadmap and contribution to its evolution. • Animation of the user’s community using ALMT tools (change management, gathering of needs). • Drafting business requirements and transmission to IT, collaboration with the ALMT and RISK business teams for the definition of needs. • Definition of testing strategies and validation of developments (business recipes). • Animation of workshops with IT teams (Business Analysts, Developers) and the business user community.

• Define ALM Risks Policy for the Group in accordance to the Risk Appetite Framework (RAF) • Participate to ICAAP and ILAAP process • Prepare ALCO analysis for the Group • Make sure Group Policy is properly executed through local entities • For local entities and for the Group - Monitor and challenge metrics for IRRBB : interest rate gaps, MNI, EVE, SOT - Monitor and challenge metrics for Liquidity : liquidity gaps, stresst tests, LCR, NSFR, AER, DCC, ... - Monitor and challenge other metrics : CFP, Recovery Plan

• BPCE: Mandated for developing methodology for the computation of economic capital (ICAAP) related to IRRBB and CSRBB • CA-CIB: Mandated for coordinating the Benchmark Regulation Project within Market Risk Department (LIBORs to RFR indices (€STER, SOFR) • CA-CIB: Mandated for developing analysis tools (with a methodological review) of Liquidity Risk Indicators (B/S, Liquidity Stress Tests, LCR, NSFR), for framing specifics activities (Securitization, EMTN, Repos), and for preparing each Liquidity Risk Committee

• Metals Markets • Agriculture Markets • Energy Markets : Coal, Freight, Oil, Gas, Electricity/Power and Environmental Markets

• ING: Mandated for reviewing business model with a methodological gap analysis and for reviewing operational process of IRRBB risk indicators (EVE, NII) with an action plan • Natixis: Mandated for defining eligibility indicators for reserves/AVAs computation and analyzing their impacts on operational processes • Natixis: Mandated for framing a risk management system on warehousing and distribution risks in securitization operations, and for defining action plans

• Analyzed Costs of Funds (COF) and Net Interest Income (NII) of the Treasury • Allocated RWA by business line according to the Basel Capital Adequacy Reporting (BCAR) • Coordinated the budget and forecast process for business lines

• Responsible for the second level of control in the daily supervision of VAR, SVAR, stress tests, Greeks, backtesting metrics, and for Improving politics and governance framework • Managed communications and relationships with upper management, with partners like front office, audit, capital management risk, and with externals like regulator and audit • Responsible for transversal projects and for a team of professionals

• Optimized the execution of hedging transactions and developed gas trading strategies • Recommended hedging strategies to achieve the budgeted revenue from power sales • Monitored the natural gas market for management by assessing potential impacts • Developed models for forecasting forward prices of Natural Gas and Power • Evaluated long-term deals and new electricity infrastructure for transportation

• Validated variance swap models and recommended providers for volatility surface

• Improved the currency risk quality by 35% and back-testing methodology by 75% • Designed and recommended risk dashboard for the management

• Standardized the global monitoring for Greeks and profits and losses by designing and implementing an internal system of reporting • Analyzed and explained the evolution of VaR, stress tests and back-testing • Improved risk measures for Asset Liability Management (ALM) in collaboration with traders • Implemented policy (follow up of limit exceeding, RAROC, portfolio attributes, emails) • Put into place a process and controls of quality for capturing properly positions into the new risk software • Written master these – Integration of liquidity risk into the VaR computation