Kim Andersen

Background

About Kim Andersen

Currently I am working as Director at Advisense. My main focus is 2nd line risk and compliance functions and governance within financial institutions. Before that I worked as Head of Compliance and Risk in Møns Bank where I were responsible for the overall compliance and risk assessment of the bank including all the risk-bearing activities across all risk areas and organizational units, as well as risks arising from outsourced functions. Overall, the responsibilities were - from a risk-based approach - to identify, monitor, continuously assess and evaluate the compliance and risk practices and standards of Møns Bank. This include ensuring that the bank's business processes and administrative practices are effectively designed, that the processes comply with the financial legislation and that the processes contribute to minimizing the bank's risks. Similarly, ensuring that the implementation of major projects in the bank is carried out efficiently and with the least possible risk. In Nykredit I was involved in the implementation of new financial legislation such as Mifid II, EMIR and SFTR. My role were to translate the legislation into operational task which could be implemented into the organization and then facilitating these changes into the various part of the organization. Earlier in my career I have worked with financial markets, both in the front, back- and middle office. My great interest in these areas has also meant that I have taken several courses and certifications in this area, for example ICMA International Fixed income and Derivatives (IFID). Through my work and training, I have gained extensive experience and solid expertise in the function of the capital markets. I have also worked with risk management and the development of risk management systems, and therefore have a good understanding of the risk of trading in securities, and especially the impact on the overall position.