Financial Services Risk and Regulation Partner, PwC Portugal
Luís Filipe Barbosa is the Financial Services Market Leader of PwC Portugal and the Lead Partner of the Financial Services Risk & Regulation consulting department.
Since June 2015 he has been leading PwC’s european iniciative in the areas of ‘Credit Risk Modelling, TRIM & RWA’, with direct involvement in several international projects in the domains of risk management and measurement projects in financial institutions. He is also responsible for the workstreams ‘Model Risk Management’ and ‘Basel IV credit risk internal models’ of PwC EMEA.
He has more than 19 years of professional experience divided between a banking group belonging to the national top-3, the Prudential Supervision Department of Banco de Portugal and PwC, which allowed him to acquire a deep knowledge of the banking sector - in areas such as management and risk assessment, prudential regulation, and business practices and internal governance - and closely monitor the evolution of the European regulatory framework since the issuance of the Basel II guidelines, with active participation in the successive transposition procedures into the national legal order and in variousthematic forums for discussion within the framework of the EBA and the SSM.
At PwC Portugal, he has taken the lead in several projects in the area of risk management and measurement in the financial sector, with emphasis on supporting in SREP optimization programs (including the improvement of ICAAPs and ILAAPs), in the implementation of RWA optimization programs, in reinforcing internal governance and risk management mechanisms (including for non-financial and ESG risks), in the development and/or challenge of internal models for risk assessment (credit risk – scoring and rating models –, interest rate risk, liquidity, etc.), in the enhancement of compliance functions, in the implementation of supervisory measures and in advising on stress test exercises sponsored by the ECB and/or the EBA.