Services
- Vision Enhance business resilience and performance by managing objectives at risk
- Mission Improve decisions via optimized governance, risks, controls, models, performance and reporting
- Services Streliski Risk Consulting is leading clients such as asset managers, asset owners, banks, insurers, corporations and consulting firms, toward intelligent diagnostics and successful transformations related to technology, models, processes and governance for better management of their objectives at risk
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Types of projects
- Reporting & Decision Support: action-oriented performance/risk reporting & decision tools for executives, boards and front office
- ERM: governance structure, roles & responsibilities, policies, risk appetite/tolerance, risk priorities linked to business objectives
- GRC: internal controls, internal audit, 52-109/SOX, operational risks framework, operational due diligence, GRC platform
- Treasury & Strategy: financing, hedging, real assets valuation, derivatives pricing and capital structure optimization including governance, models, systems and controls related to financial, strategic, operational and cyber risks.
- Models : performance, risk and portfolio optimization models and platforms review, selection and implementation.
About
David Streliski, M.Sc., CFA, Qualified Risk Director™
President of Streliski Risk Consulting
27 years of experience : 2 start-ups + Partner at KPMG & Deloitte + Chief Risk Officer at Fiera Capital + VP Performance & Valuation at CDPQ, Head of Risk Management at Investment Quebec + 5 years as advisor via Streliski Risk Consulting
Taught Risk Management at HEC Montréal: BBA 3rd year + Executive Education
Volunteer work: involved with Professional Risk Managers International Association since its foundation (2003) and with DCRO Institute to develop international guidelines for better governance of risks at Board level.
Board experience: PRMIA Global (2003 – 2010), HEC Alumni (2013-2017) and Montreal Society of Alzheimer (2023 - …).
Education: BBA Finance and M.Sc. Applied Economics (HEC Montreal), Qualified Risk Director and CFA charter holder.
Realizations
Main organizations served
- Europe: Deloitte, BNP Paribas, Banco Santander, Société Générale, Unigestion SA, Credit Suisse, EIM SA
- America: Bank of Canada, National Bank of Canada, Deloitte, PwC, Digital Shape Technologies, CDPQ, Fiera Capital, Koios Intelligence, Investment Quebec, ScotiaBank, Hydro Québec, Quebecor, BCE, Bombardier, Teachers’, PSP Investment, CPPIB, BMO, CIBC, Desjardins, HSBC, Canadian Western Bank, Fond FTQ, Central One, Aviso Wealth Inc
Examples of Realizations
| Reporting & Decision Support | |
|---|---|
| CDPQ | In charge of performance reporting on all asset classes for the board, executives and front office |
| Fiera | Led selection of risk and performance reporting platform for all asset classes to be used by front office and CIO |
| Multiple Asset Managers | Review of Risk and Performance reporting frameworks for executives and the Board |
| ERM | |
|---|---|
| Fiera | Developed Board & Executives’ risk tolerance framework via a top risk dashboard based on strategic objectives. Quarterly reporting on KRIs and ERM framework implementation (including risk policies) to the Corporate Risk Committee |
| Fiera | Prioritized risk management agendas based on Risk Self-Assessment and on oversight of corporate risk policies implementation |
| Investment Quebec | Implemented Risk appetite/tolerance framework, top risks dashboard and risk policies |
| Desjardins & Investment Quebec | Implemented & promoted the 3 lines of defense model of roles & responsibilities in risk management |
| Banks & Asset Managers | Reviewed the ERM framework implementation and risk reporting to executives, Board risk committees & front-office |
| GRC | |
|---|---|
| Fiera & Investment Quebec | In charge of 52-109 certification framework, operational risks and GRC platform implementation |
| Fiera | Designed, governed and oversaw the implementation of the corporate information security governance framework. Led reporting on information security risks to Executives and Board |
| Multiple clients | Led several mandates related to testing and documenting of internal controls in risk management and in the front-to-back-office framework for internal audit or SoX-related requirements. |
| Large Credit Union | Review of internal audit function and governance around board meetings |
| Treasury & Strategy | |
|---|---|
| Fiera | Implemented financing arbitrage strategies and corporate risk hedging strategies that led to millions P&L impact yearly |
| Fiera | Due diligence of acquisitions for the dimensions of technology, operations, risks, cybersecurity and internal controls |
| Multiple clients | Validated derivative transactions, hedging strategies and hedge effectiveness approaches for hedge accounting |
| Multiple clients | Implemented corporate Earnings-at-Risk and Cash flows-at-risk frameworks, to optimize the corporate hedging strategy |
| Multiple clients | Operational due diligences of asset managers and reviews of operational due diligence processes of asset managers |
| Multiple banks | Prudential audit of risk management, regulatory calculations related to Basel II/III, & Internal Rating Based approach |
| National Bank | Implemented an internal rating framework, economic capital methodology and a risk adjusted performance reporting |
| Models | |
|---|---|
| Fiera | Coordinated with CIO Office for improvement of investment risk and performance oversight and development of stress testing capabilities |
| CDPQ | Selected a performance measurement tool to serve front office, executives and external stakeholders |
| CDPQ | Built and led the Valuation team that reviews and validates pricing of private assets (real estate, private equity and Infrastructure) and derivatives. Created the internal Valuation Committee and related governance framework |
| Investment Quebec | Stress testing of return on capital metrics against economic & financial risk scenarios |
| Large Swiss Hedge Fund | Transformation project on the framework for portfolio management, analytical support & middle office |
| Banks & Asset Managers | Select & implement risk and front-to-middle office systems |
| Fund of fund platform | Led functional design, implementation and client support |
| Asset Managers | Review of market risk measurement model and implemented platform |
| KPMG | Led the team for any quantitative analytics project across Canada. Semi-annual validation of fair values of all derivatives at CDPQ. Annual validation of fair values of all derivatives at 2 Canadian banks |
| Multiple clients | Best practices reviews on market risk, credit risk and treasury risk management frameworks and systems |
| Multiple clients | Led reviews of models and systems related to credit risk and Credit Valuation Adjustments on portfolios of derivatives |
Contact
For more information about our services or realizations, do not hesitate to contact us:
David Streliski, M.Sc., CFA, Qualified Risk Director™
david@streliskiRC.comPhone: 514 475 2847