Professor Kaiser Risk Management Consulting
Risk Management is about Managing Risk
 


 

Professional career
Seen it all


1997-1998: WestLB, Düsseldorf
Member of a huge project team on market and credit risk methods. And looking back so sad, how quickly a once proud bank has been ruined. Nice case study on RepRisk. 


1999-2000: HypoVereinsbank, Munich
I had the opportunity to build one of the first (and hence one of the worst) OpRisk models. And had my first intercontinental flight to New York. 


2000-2002: Commerzbank, Frankfurt
Officially „Head of Operational Risk Quantification”. In fact, lobbying for the banks wrt OpRisk at the time Basel II has been created (and ORX). Member of the OpRisk working groups of IIF and other industry bodies. Numerous business trips to nice places on the planet. 


2002-2010: KPMG, Frankfurt
Even more business trips, finally (?) Senator status at good old Lufthansa. Director and head of the Global Competence Team for OpRisk and RepRisk, numerous projects for mostly large and very large (especially in China) banks. 


2010-2011: Deutsche Bank, Frankfurt
Director, Head of Operational Risk Management Framework. First and last line management role, lots of regulatory topics (model change and otherwise).


2011-2021: KPMG, Frankfurt
„Mean reversion“, as a fellow professor called it. Especially very good memories of the very competent and nice "psycho team". In addition to the usual OpRisk and RepRisk topics lots of interesting new areas (risk culture, ESG risk etc.).






About me as a person


What else?

Dipl.-Kfm. Prof. Dr. rer. pol. Thomas Kaiser 


Yet a few more things to keep my busy...

Dipl.-Kfm. (MA in Economics)
Graduated in 1995. Okay, not that exclusive. But at least at the University of Saarland at Saarbrücken. Sounds almost like University of California (at San Diego). Seminar paper on the prospect theory of Kahneman and Tversky - the road to risk management was almost clear then. 

Prof.
Honorary professor at Goethe University in Frankfurt since 2011, many years as lecturer there before that. Lectures and seminars on risk management topics (e. g. Non-Financial Risk, Behavioral Risk Management and Enterprise Risk Management) in Master programs of Goethe University, Goethe Business School and at Vietnamese German University (in HCMC).

Dr. rer. pol.
Research on financial markets econometrics. Graduated in 1997 in Tübingen. In the large footsteps of later Nobel Prize winner Robert Engle. Main finding: model risk is increased by complex models, not necessarily the quality of forecasts... 

Thomas
I didn't chose that one - a bit boring. Better than Kevin at least (in Germany). 

Kaiser
The name (Emperor) is not too bad. But when you find out how many people with the same name exist... There should be only one!


  • Member of the advisory board of FIRM (Frankfurt Institute for Risk Management and Regulation), active for instance in working groups on Non-Financial Risk and COVID-19
  • Member of the working group “Strategic Planning and Controlling in Banking Corporations” of Schmalenbach-Gesellschaft für Betriebswirtschaft
  • Associate Editor of the Journal of Operational Risk
  • (Co-)author/-editor of so far 7 books (plus the dissertation):
  • Praxis des Non-Financial Risk Managements im Finanzsektor. In 25 Jahren von "Other Risks" zu Compliance, Conduct, Cyber & Co., SpringerGabler, Wiesbaden 2023
  • Effektives Management von ESG-Risiken in Finanzinstituten (edited with Laura Mervelskemper), Erich Schmidt Verlag, Berlin 2023
  • Non-Financial Risk Management – Emerging stronger after COVID-19 (editor), Risk Books, London, 2021
  • Reputational Risk Management in Financial Institutions (edited with Petra Merl), Risk Books, London 2014
  • Operationelle Risiken in Finanzinstituten. Eine praxisorientierte Einführung (with Marc Felix Köhne), 2. überarbeitete Auflage, Gabler Verlag, Wiesbaden 2007
  • Wettbewerbsvorteil Risikomanagement. Erfolgreiche Steuerung der Strategie-, Reputations und operationellen Risiken (editor), Erich Schmidt Verlag, Berlin 2007
  • An Introduction to Operational Risk (with Marc Felix Köhne), Risk Books, London 2006
  • Author of about 30 papers in journals, books and newspapers
  • Regular speaker at international and national conferences
  • Seminar leader


And after work:

  • Contemporary Jazz (live & HiRes Streaming), focus on ECM & ACT catalogue
  • Preparing good meals at home or enjoying them at gourmet restaurants - paired with superb wines, of course
  • South Africa is always worthwhile traveling to!