Konrad Banachewicz is a freelance quant with a decade of experience in quantitative finance and a sole proprietor of TNG Quant Consultancy
His previous role was a quantitative analyst at Commodity Services and Solutions, a risk advisory company specializing in commodity risk engineering. Konrad’s responsibilities included construction of
hedging strategies and risk metrics development /analysis / implementation in a variety of commodity markets. Prior to that, he worked at RBS as a modeller developing correlation models for an Economic Capital framework encompassing the bank portfolio (wholesale, sovereign, retail). Before joining RBS, Konrad worked at ING as member of the Model Validation team, which is charged with the responsibility of validating risk models applied in different activities of the ING Group. Those ranged from credit risk problems (PD models) to market risk (interest rate exotics, Economic Capital). Konrad began his professional career at All Options, a market maker. He was responsible for analytical support for trading, model building and validation / implementation in the production environment, cooperation on risk methodology for algorithmic trading.
Konrad holds a PhD in Statistics from Vrije Universiteit Amsterdam, as well as a dual MSc in Applied Mathematics (from Vrije Universiteit Amsterdam and Warsaw University). His studies focused on statistical modelling of risk with applications in credit risk, derivative pricing and insurance problems, stressing the Basel III / Solvency II requirements.