Michael Schneider

Michael Schneider is the Head of Innovation & Development at Commerzbank AG, a position he has held since November 2022. His role focuses on fostering innovation within the bank, particularly in the area of credit risk management. Schneider's responsibilities include sourcing and implementing innovative solutions, collaborating with startups, and enhancing operational efficiency in risk functions.

Professional Background

Before becoming the Head of Innovation & Development, Schneider had a significant tenure at Commerzbank, where he served in various capacities:

• Leitung Advisory & Risk Innovations (October 2015 - November 2022): He led initiatives aimed at improving risk management processes and integrating innovative practices within the bank's operational risk units.

• Projekttätigkeit Innovation Office Risk (May 2015 - September 2015): In this role, he focused on identifying disruptive innovations for operational risk functions and organized events to showcase solutions from startups.

• Sector Head Media & Culture (January 2011 - September 2015): Schneider managed credit risk activities for corporate clients in the media and culture sectors, overseeing a team and optimizing risk management processes.

His career at Commerzbank began in 1993, and he has progressed through various roles, including analyst positions in both Frankfurt and London, demonstrating a deep commitment to the banking sector and risk management.

Education and Skills

Schneider holds a degree from Johannes Gutenberg University, where he studied economics. His skill set includes business strategy, management, and a strong focus on innovation within financial services, particularly in risk management contexts.123