Sabine SchmidHead of Group Recovery & Resolution Planning at ERSTE GROUP BANK
Sabine Schmid is head of Recovery and Resolution Planning Unit of Erste Group. She is in charge of both recovery and resolution relevant topics and together with her team form the competence center towards authorities and business units. In the resolution planning, Sabine focuses on implementation of resolution strategy incl. MREL, operational continuity and risk of contagion throughout Erste Group, the resolvability assessment, compliance with regulatory requirements and alignment with the Internal Resolution Team. Her tasks cover also resolution reporting and review of consultations/legislative texts. The maintaining of the Group Recovery Plan incl. Dry Runs, Playbooks, Overall Recovery Capacity, the monitoring of Recovery Indicators and coordination of recovery escalation/activation as well as the aligned with several local recovery plans and constant exchange with competent authority are covered by her tasks.
Before joining the RRP area in 2014, Sabine spent nine years in the financial controlling area of Erste Group, with experience in Cost-, Profit- and Business Unit Controlling. She spent her early career with other companies mainly in the financial area. Sabine holds a Master’s degree ‘MA in business’ from FH Burgenland, international economic relations, Austria.