Michal Petira
About Michal Petira
Michal Petira serves as the Executive Director and Head of Group Corporate Credit Risk Management III at Raiffeisen Bank International AG, a position he has held since 2011. He oversees significant management exposures and has contributed to various risk management tools and models within the organization.
Work at Raiffeisen Bank International
Michal Petira has served as the Executive Director and Head of Group Corporate Credit Risk Management III at Raiffeisen Bank International AG since 2011. In this role, he oversees significant management exposures totaling EUR 5.4 billion and EUR 9.5 billion. He has developed and managed a real estate reporting and stress test tool that is utilized across the Raiffeisen group. His responsibilities include managing a multinational team of eight employees and exercising substantial approval authority as a senior underwriter. He occasionally participates as a voting member in the Corporate Credit Committee and the Problem Loan Committee.
Education and Expertise
Michal Petira holds a Master of Business Administration (MBA) from the University of Pittsburgh Katz Graduate School of Business, where he studied in the Executive MBA Program from 2007 to 2008. He also earned an Ing. degree in Accounting and Finance from the University of Economics, Prague. His educational background provides a strong foundation in financial management and corporate credit risk, which he applies in his current role.
Background in Corporate Credit Risk Management
Prior to his current position, Michal Petira worked at Raiffeisenbank a.s. as a Corporate Credit Risk Manager from 2004 to 2011 in Prague, Czech Republic. During this time, he gained extensive experience in corporate credit risk management. His tenure in this role contributed to his expertise in risk assessment and management, which he continues to apply at Raiffeisen Bank International.
Achievements in Risk Management
Throughout his career, Michal Petira has played a significant role in various initiatives within the realm of corporate credit risk management. He was instrumental in developing a new Project Finance rating model within the RBI Group, focusing on Probability of Default (PD) and regulatory Loss Given Default (LGDs). He also contributed to the design of real estate risk conferences and the management of CBRE ERIX data, showcasing his commitment to advancing risk management practices.
Insights into Regulatory Frameworks
Michal Petira has gained deeper insights into the Capital Requirements Regulation (CRR) and Basel III through a three-month assignment in the Risk Controlling department. This experience has enhanced his understanding of capital requirements and their implications for corporate credit risk management, further informing his strategic decision-making in his current role.