Aviel Yukelson
About Aviel Yukelson
Aviel Yukelson is the Executive Director of Counterparty Credit Risk Modelling at UBS, where he has worked since 2019. He holds a Bachelor's degree in Statistics and Economics and a Master's degree in Economics and Business Administration, both from Hebrew University in Jerusalem.
Work at UBS
Aviel Yukelson has been serving as the Executive Director of Counterparty Credit Risk Modelling at UBS since 2019. In this role, he operates from the Frankfurt Am Main Area in Germany. His responsibilities include overseeing the counterparty credit risk framework and ensuring compliance with European regulations. He has played a significant role in co-developing methodologies related to counterparty exposure, focusing on aligning practices with regulatory requirements. Additionally, he serves as a key point of contact for European financial supervision authorities during the European Central Bank's Internal Model Investigation.
Education and Expertise
Aviel Yukelson completed his Bachelor's degree in Statistics and Economics at Hebrew University in Jerusalem from 1995 to 1999. He furthered his education by obtaining a Master's degree in Economics and Business Administration from the same institution, studying from 2001 to 2005. His educational background provides a strong foundation for his expertise in counterparty credit risk modelling and financial regulations.
Background
Prior to his current position at UBS, Aviel Yukelson held various roles in the financial sector. He served in the Israel Defense Forces as a Financial Project Manager, achieving the rank of Captain from 1999 to 2005. After his military service, he worked at Deutsche Bank, where he held the position of Vice President in Counterparty Credit Risk from 2011 to 2016, and later as a Vice President - Model Validation Specialist from 2016 to 2018, both in the Frankfurt Am Main Area.
Achievements
During his tenure at Deutsche Bank, Aviel Yukelson was responsible for the methodology aspect of the Counterparty Credit Risk (CCR) template in the context of the European Banking Authority's stress tests. He oversaw the stress methodology and ensured quality assurance for the final submissions. He also led the targeted review of internal models analysis and designed a remediation roadmap to align the CCR framework with European Central Bank requirements.