Our Team

Meet our team at FiRRM


Prof. Dr. Peter N. Posch Director of FiRRM
Peter N. Posch is a professor of finance at the technical university of Dortmund, Germany and director of the Centre of Finance, Risk and Resource Management (FiRRM). Previously, he served as co-Head of credit treasury at a top-5 bank where he traded for the proprietary book and was responsible for the active management of the group’s credit risk.
His research focuses on financial innovation and data analysis. He publishes in internationally recognized journals and has co-authored a bestselling book on credit risk published in the second edition by Wiley Finance. He holds a Ph.D. in Finance on the dynamics of credit risk, a work recognized with the Reuters Innovation award. He studied quantitative economics, philosophy, and law at the University of Bonn.
Peter is a frequent speaker at international conferences, trainer for several companies, and conducts consultancy projects for financial institutions and corporations.
Dr. Timotheos Paraskevopoulos Research Associate

Timotheos Paraskevopoulos studied Economics and Quantitative Finance at the University of Kiel. Before focusing on his master studies, he spent an exchange semester at the University of Stockholm, Sweden working in the fields of microeconomics, Swedish-, and development economics. During his studies, he spent several years as a working student at the Chair of Monetary Economics and International Finance at the University of Kiel. In his master thesis, T. Paraskevopoulos developed and implemented a novel GA-enhanced ANN for forecasting the FOREX market.

Since 2015, he has been working as a research fellow at the Centre for Finance, Risk & Resource Management, TU Dortmund. His research specialty is in the fields of wavelets, computational intelligence and natural language processing, with a strong link to economics and finance.

Philipp Schmidtke Research Associate
Philipp Schmidtke was born on the 1st April 1991 in Leipzig, Germany. He got his high-school diploma in 2009 from Neue Nikolaischule in Leipzig. Subsequently, he studied applied mathematics at HTWK Leipzig. He received his bachelor’s degree in 2012 and his master’s degree in 2015. Both of his theses were done in cooperation with the Helmholtz-Centre for Environmental Research in Leipzig on topics regarding economic-ecological modeling and the coexistence of species. During his time in Leipzig, he worked several times as a tutor for various courses. Since April 2015, he has been working on his Ph.D. at the Finance, Risk- & Resource Management chair of Prof. Dr. Peter N. Posch, at TU Dortmund University.
Vladislav Radak Research Associate
Vladislav Radak graduated with a degree in mathematics from the University of Belgrade. Subsequently, in 2012, he completed his masters with a focus in Information Theory at the university. Since 2015, he has been working on his Ph.D. at the Technical University of Dortmund, where he gives lectures in Financial Econometrics and Investments, Portfolio and Risk Management. He is a consultant within PwC´s Financial Services division, with a focus on the valuation of financial instruments and xVA topics.
Gerrit Köchling Research Associate
Gerrit Köchling studied Business Mathematics at the Technical University of Dortmund. During his Bachelor studies, he spent one semester as an intern at the KfW banking group in Frankfurt. He participated in validating statistical models for quantifying operational risk and implementing graphical user interfaces. He completed his masters in Business Mathematics with the main focus being on mathematical optimization and finance. Using the so-called fast track, he joined the Centre for Finance, Risk & Resource Management at the beginning of his fourth Master semester in April 2017.
Nils Engelhardt Research Associate
Nils Engelhardt studied Business Mathematics at the Technical University of Dortmund where he received his master’s degree. Using the so-called fast track, he joined the Centre for Finance, Risk & Resource Management at the beginning of his fourth Master semester in February 2018. In his master thesis, he examined novel determinants of corporate default in the case of micro-sized corporations. His main research interests lie in exploring new datasets and quantitative analysis, with strong links to economics and finance.
Aydin Aslan Research Associate
Aydin Aslan studied Economics and Quantitative Finance at the University of Kiel. During his bachelor studies, he gained practical experience as a working student for three semesters in the credit risk management division of the HSH Nordbank AG in Hamburg, participating in the analysis and restructuring of shipping portfolios. In his master studies, he spent an exchange year at the Université Paris 1 Panthéon-Sorbonne, France focusing on pricing and hedging of derivatives, financial econometrics, and international finance. After his exchange year, he did a three-month internship at Deloitte Germany in Hamburg, where he developed a tool for quantifying risks. He is currently writing his master thesis on portfolio selection by full-scale optimization.