Oliver Fiala is heading the Group Credit Risk Control department of Volksbank Wien AG since 2007. Besides the ongoing mentoring of many new colleagues, he had to lead several project. Among others they are: developing a Credit Risk Portfolio Model, Credit Risk Reporting, RWA Management, Economic Credit Capital Calculation, Credit Risk Stresstesting and calculating Credit Risk Premia. During his mathematic studies he started his professional life at Bank Austria followed by Erste Bank, where he was responsible for various quantitative topics from Default- und Loss Risk to Portfolio Credit Risk. Since 2005 he headed an international Basel II project team for parameter estimation.