Alexis Petri

Alex is the founder of X-Co. As Consulting Director he consults to clients in his areas of expertise whilst leading the strategic management and development of X-CO.

Alex has been a Financial Risk Professional for over 20 years and has worked in leading organisations across several industries. His technical background includes Market Risk and Operational Risk Modelling within the Banking Sector, with early career experience in building capital calculation models for Basel Regulations. Alex later carried his expertise over to the Insurance and Corporate Real Estate Sectors, to develop new risk reporting functions.

Alex spent the second half of his career as a Risk Specialist within UBS, embedded in various teams across the Investment Bank and Corporate Centre. He added Credit Risk Control and Liquidity Risk to his portfolio of experience and led groups of external consultants on an array of regulatory-driven programmes.

Alex has an exemplary track record of closing critical regulatory issues from FED, FINMA and FCA/PRA. Alex was a key player in the remediation effort that followed UBS’ Unauthorised Trading Incident in 2013, mitigating the firm’s exposure to regulatory and reputational risk. More recently Alex led a team of X-CO consultants to deliver a vital part of UBS’ Capital Analysis Review (CCAR) to the FED, including implementation of an automated solution for the bank and transition from ‘Change’ state to BAU.

Constructing high performance teams, problem solving and engineering bespoke solutions are Alex’s forte. He regularly sits on Operating, Executive and Steering Committees to drive change initiatives for banks, and liaises with senior management to enable the realisation of goals within tight budgets and timelines.

Alex has co-authored an approach to process, risk and control analysis called the ‘Process Risk Identification & Scoring Matrix (PRISM)’ The methodology can be applied to any industry and forms part of X-CO’s core offering for organisations who wish to leverage best market practice in their processes.

Alex has worked at UBS, Barclays, Aspen Re, Deutsche Bank and Lloyds Bank.