Jornada de Titulizaciones y Cédulas
Perspectivas y desafíos en un nuevo entorno regulatorio y de tipos de interés
Agenda
09.00
CEST
Registro y networking
09.35
CEST
Entrevista: Tendencias del mercado de la vivienda en 2024
- ¿Estamos en riesgo de sufrir una nueva crisis hipotecaria?
- ¿Se tienen que reinventar los bancos españoles a la hora de conceder préstamos hipotecarios?
- ¿Qué se ha logrado con la Ley de la Vivienda?
- ¿Cómo está afectando la IA al mercado inmobiliario?
10.05
CEST
Panel de discusión: Bonos garantizados en un nuevo entorno de tipos y regulación
- Lecciones aprendidas tras dos años de la nueva Ley de Bonos Garantizados, Artículo 31(2) de la Directiva, ¿qué sigue?
- Navegando los desafíos post-QE: respuesta del mercado a los bonos garantizados españoles
- Cambios en la gestión de activos y pasivos de las entidades financieras en un nuevo entorno de tipos y papel de los bonos garantizados
- “European Secured Notes”: futuro de un nuevo tipo de bonos
10.50
CEST
Pausa para el café
11.15
CEST
Panel de discusión: Perspectivas del mercado de titulización en España
- Desafíos y oportunidades desde la perspectiva del emisor y del inversor. Expectativas de emisión
- Tendencias para las nuevas emisiones en relación al colateral y a las estructuras
- Comportamiento de las titulizaciones en el contexto económico actual según el tipo de activo. Expectativas para 2024
- Actualización de la metodología de Moody's para RMBS: principales cambios
12.00
- 13.00
CEST
Cierre de jornada: aperitivos y vino español
Confirm cancellation
Something went wrong.
An error occurred trying to play the stream. Please reload the page and try again.
CloseSign In
| Juan Pablo Soriano joined Moody’s Investors Service in London in 1994. He is currently based in Madrid as Managing Director of EMEA Covered Bonds and global Covered Bond coordinator. He is also the country manager for Spain and Portugal. Prior to joining Moody’s, Mr Soriano had various responsibilities first at a Stock Broker Agency and then in the New York branch of the Banco Central Hispanoamericano back in 1988, holding diverse positions as Money Market Manager, Assistant Vice President in the Loan & Investment Department and Vice President in the Trade Finance Department. In 1993 he was transferred to Madrid as Vice-President of the Fixed Income Department. Mr Soriano is a graduate in Law by the Universidad Complutense of Madrid, Spain, and holds an MBA in Finance by the Leonard Stern School of Business (NYU). |
| Juan Pablo Soriano joined Moody’s Investors Service in London in 1994. He is currently based in Madrid as Managing Director of EMEA Covered Bonds and global Covered Bond coordinator. He is also the country manager for Spain and Portugal. Prior to joining Moody’s, Mr Soriano had various responsibilities first at a Stock Broker Agency and then in the New York branch of the Banco Central Hispanoamericano back in 1988, holding diverse positions as Money Market Manager, Assistant Vice President in the Loan & Investment Department and Vice President in the Trade Finance Department. In 1993 he was transferred to Madrid as Vice-President of the Fixed Income Department. Mr Soriano is a graduate in Law by the Universidad Complutense of Madrid, Spain, and holds an MBA in Finance by the Leonard Stern School of Business (NYU). |
José de León serves as Senior Vice President and Manager in Moody’s EMEA-covered bond group.
José’s leadership spans a team of credit analysts stationed in various European offices. He also oversees the coordination of covered bond ratings in the Asia Pacific region. His tenure at Moody’s began in 2003 as an RMBS/ ABS analyst, where he played an instrumental role in implementing and adapting Moody’s covered bond methodology across diverse asset classes and jurisdictions throughout Europe. Before joining Moody’s, José worked in structuring and trading ABS at DZ Bank, as well as in exotic equity derivatives at Deutsche Bank in Frankfurt.
His educational credentials include an MSc in Finance Analytics from King's College London, a degree in Economics from Universidad Complutense in Madrid, and a degree in Finance from the Frankfurt School of Finance and Management (formerly HfB). José also holds a Certificate in Quantitative Finance (CQF).
Alex Valencia has a long banking sector experience. He joined Caixabank in 2000 and always has been involved in Liquidity, Funding, ALM and IRRBB areas. Currently, he is the head of ALM Analysis in the Finance Division. Mr. Valencia has a degree in Economics and Business Administration and he previously worked at Arthur Andersen as auditor and consultant.
Antonio es un profesional de los mercados de capitales con más de 30 años de experiencia en el campo de la renta fija. Hasta 2021, el Sr. Torío ocupó el cargo de Group VP y Director de Emisiones de Banco Santander. Antonio fue responsable del desarrollo de la plataforma de financiación de mercados de capitales internacionales del banco, incluida la emisión de valores híbridos, emisiones senior, EMTNs y covered bonds. Igualmente participó en los “roadshows” para inversores de renta fija de Santander. Entre muchos proyectos, Antonio colaboró en el diseño e implementación de la primera emisión del banco en titulización hipotecaria, cédulas hipotecarias, territoriales y de internacionalización, bonos TLAC, bonos verdes y emisiones pioneras de bonos digitales de Santander.
El Sr. Torío es ex Presidente de ECBC y ex Miembro del Comité de Dirección de ECBC, representando a la Asociación Hipotecaria Española (AHE) durante más de 10 años. Antes de Santander, ocupó cargos de analista de crédito y ejecutivo en los equipos de banca corporativa de Citibank y Lloyds Bank.
Antonio posee el título de MBA en Finanzas y Negocios Internacionales de la Stern School of Business de New York University y una licenciatura (Bachelor of Science) en Ciencias Económicas de Boston College de Boston.
Agustín Martín is the head of covered bonds, SSAs and DM Credit Strategy at BBVA, based in London. He has been the lead covered bonds & SSAs analyst at BBVA for twenty years. BBVA’s covered bonds -& SSAs analysis is seen by European investors and central banks as one of the top providers of high-quality research. Agustin is the current chairman of the European Covered Bond Council (ECBC) Technical Issues Working Group and represents Spain in the VdP roundtable of covered bond experts.
Agustín joined BBVA in October 2005, after the completion of his master’s degree in electrical engineering and he worked previously in the Spanish utilities sector. In BBVA he has had different roles within the European credit research team, including as a research analyst in structured credit, investment-grade industrial corporates and since 2010, he has headed the covered bonds, SSAs and credit strategy research.
In the SSAs space he is one of the most highly regarded analysts within the Iberian space, which includes, among others, the Spanish autonomous communities. He is a frequent panelist and collaborator with Bloomberg and the specialized media in areas such as covered bonds, ESG research and Iberian agencies and autonomous communities. He holds a degree in electrical engineering by the Universidad Pontificia de Comillas in 2001 and a MsC in advanced econometrics and statistics applied to electrical engineering in 2004 from the same university.
Luis Romaguera is an Assistant Vice President – Analyst in Moody´s Covered Bonds team, and is based in the Madrid office. He has Lead Analyst responsibilities for covered bond programmes issued in Iberia and several markets in Central and Eastern Europe.
Luis joined Moody’s from Fitch Ratings, where he held different lead analyst roles across Madrid and London in the European Structured Finance team. Luis holds a Degree in Economics from the University of Greenwich in London.
María Turbica joined Moody’s Investors Service in Madrid in 2004 and is based in the Madrid office. She is currently part of the Consumer Surveillance team in the EMEA region responsible for the monitoring of EMEA transactions with a main focus on Non-Performing Loans. Mrs. Turbica is a graduate in Telecommunication Engineering by the Universidad Politécnica of Madrid, Spain, and holds an MBA in Stock Markets and Financial Markets by Instituto de Estudios Bursátiles.
As Head of Securitisation at Instituto de Crédito Oficial (ICO) since late 2020, Martín manages the bank’s investment activity in securitisation within Spain. Prior to his current role, he gained valuable experience as an FI/FX dealer at the ICO Treasury desk. He held various roles at Banco de España before joining ICO in 2014. Martin has over 10 years of experience as an investor in Fixed Income Markets.
Angel Jimenez is an Assistant Vice President in Moody’s in the European Corporate Structured Finance Surveillance team where he works on a broad range of transactions such as CLOs, ABS-SME, Balance Sheet, CDOs, Multicedulas, Tariff Deficit, Repacks and Esoteric transactions in different jurisdictions, including both Europe and Latam. Angel has published extensive research on ABS-SME sector developments, with particular focus on southern European SMEs.
Prior to joining Moody’s in 2015, Angel worked for Fitch Ratings in Madrid at the Structured Finance team leading the rating analysis of new issuances of Iberian Consumer, Auto and SMEs transactions. Previously, he worked for PwC as Senior Financial Auditor and for BBVA Asset Management at the Corporate Pension Schemes Business Development division.
Mr. Jimenez holds a Msc. in Economics from Universidad de Salamanca and a Postgraduate degree on Business Management from Universidad Autonoma de Madrid. He has also studied one year as exchange student at Univerza v Mariboru (Slovenia) and holds a diploma on Cross-Cultural Management and International Business by BI Norwegian School of Management.
Currently working in the Financial Management and Funding team of Santander Consumer Finance which is responsible for the arrangement and issuance of the transactions of the group, Gema has over 27 years of experience in the financial markets.
Alex Valencia has a long banking sector experience. He joined Caixabank in 2000 and always has been involved in Liquidity, Funding, ALM and IRRBB areas. Currently, he is the head of ALM Analysis in the Finance Division. Mr. Valencia has a degree in Economics and Business Administration and he previously worked at Arthur Andersen as auditor and consultant.
As Head of Securitisation at Instituto de Crédito Oficial (ICO) since late 2020, Martín manages the bank’s investment activity in securitisation within Spain. Prior to his current role, he gained valuable experience as an FI/FX dealer at the ICO Treasury desk. He held various roles at Banco de España before joining ICO in 2014. Martin has over 10 years of experience as an investor in Fixed Income Markets.
Agustín Martín is the head of covered bonds, SSAs and DM Credit Strategy at BBVA, based in London. He has been the lead covered bonds & SSAs analyst at BBVA for twenty years. BBVA’s covered bonds -& SSAs analysis is seen by European investors and central banks as one of the top providers of high-quality research. Agustin is the current chairman of the European Covered Bond Council (ECBC) Technical Issues Working Group and represents Spain in the VdP roundtable of covered bond experts.
Agustín joined BBVA in October 2005, after the completion of his master’s degree in electrical engineering and he worked previously in the Spanish utilities sector. In BBVA he has had different roles within the European credit research team, including as a research analyst in structured credit, investment-grade industrial corporates and since 2010, he has headed the covered bonds, SSAs and credit strategy research.
In the SSAs space he is one of the most highly regarded analysts within the Iberian space, which includes, among others, the Spanish autonomous communities. He is a frequent panelist and collaborator with Bloomberg and the specialized media in areas such as covered bonds, ESG research and Iberian agencies and autonomous communities. He holds a degree in electrical engineering by the Universidad Pontificia de Comillas in 2001 and a MsC in advanced econometrics and statistics applied to electrical engineering in 2004 from the same university.
Antonio is a finance professional with 30+ years’ experience in the global debt capital markets. Until 2021, Mr. Torío held the position of Group Vice President and Head of Funding for Banco Santander. He was responsible for developing the bank’s international capital markets funding platform, including the issuance of hybrid securities, senior issuances, EMTNs and covered bonds. Antonio was also actively engaged in Santander’s fixed income investor roadshows and presentations. Among many projects, Antonio was involved in the design and implementation of Santander’s inaugural mortgage securitization, mortgage and public sector covered bonds, TLAC, green bond and innovative digital issuances.
Mr. Torío is a former ECBC Chairman and a former Member of the ECBC Steering Committee, representing the Spanish Mortgage Banks Association (AHE) for more than 10 years. Before Santander, he held credit analyst and executive positions in Citibank’s and Lloyds Bank’s corporate banking teams.
Antonio holds an MBA in Finance and International Business from New York University Stern School of Business in New York and Bachelor of Science degree in Economics from Boston College, in Boston.
Currently working in the Financial Management and Funding team of Santander Consumer Finance which is responsible for the arrangement and issuance of the transactions of the group, Gema has over 27 years of experience in the financial markets.
| Juan Pablo Soriano joined Moody’s Investors Service in London in 1994. He is currently based in Madrid as Managing Director of EMEA Covered Bonds and global Covered Bond coordinator. He is also the country manager for Spain and Portugal. Prior to joining Moody’s, Mr Soriano had various responsibilities first at a Stock Broker Agency and then in the New York branch of the Banco Central Hispanoamericano back in 1988, holding diverse positions as Money Market Manager, Assistant Vice President in the Loan & Investment Department and Vice President in the Trade Finance Department. In 1993 he was transferred to Madrid as Vice-President of the Fixed Income Department. Mr Soriano is a graduate in Law by the Universidad Complutense of Madrid, Spain, and holds an MBA in Finance by the Leonard Stern School of Business (NYU). |
José de León serves as Senior Vice President and Manager in Moody’s EMEA-covered bond group.
José’s leadership spans a team of credit analysts stationed in various European offices. He also oversees the coordination of covered bond ratings in the Asia Pacific region. His tenure at Moody’s began in 2003 as an RMBS/ ABS analyst, where he played an instrumental role in implementing and adapting Moody’s covered bond methodology across diverse asset classes and jurisdictions throughout Europe. Before joining Moody’s, José worked in structuring and trading ABS at DZ Bank, as well as in exotic equity derivatives at Deutsche Bank in Frankfurt.
His educational credentials include an MSc in Finance Analytics from King's College London, a degree in Economics from Universidad Complutense in Madrid, and a degree in Finance from the Frankfurt School of Finance and Management (formerly HfB). José also holds a Certificate in Quantitative Finance (CQF).
María Turbica joined Moody’s Investors Service in Madrid in 2004 and is based in the Madrid office. She is currently part of the Consumer Surveillance team in the EMEA region responsible for the monitoring of EMEA transactions with a main focus on Non-Performing Loans. Mrs. Turbica is a graduate in Telecommunication Engineering by the Universidad Politécnica of Madrid, Spain, and holds an MBA in Stock Markets and Financial Markets by Instituto de Estudios Bursátiles.
Angel Jimenez is an Assistant Vice President in Moody’s in the European Corporate Structured Finance Surveillance team where he works on a broad range of transactions such as CLOs, ABS-SME, Balance Sheet, CDOs, Multicedulas, Tariff Deficit, Repacks and Esoteric transactions in different jurisdictions, including both Europe and Latam. Angel has published extensive research on ABS-SME sector developments, with particular focus on southern European SMEs.
Prior to joining Moody’s in 2015, Angel worked for Fitch Ratings in Madrid at the Structured Finance team leading the rating analysis of new issuances of Iberian Consumer, Auto and SMEs transactions. Previously, he worked for PwC as Senior Financial Auditor and for BBVA Asset Management at the Corporate Pension Schemes Business Development division.
Mr. Jimenez holds a Msc. in Economics from Universidad de Salamanca and a Postgraduate degree on Business Management from Universidad Autonoma de Madrid. He has also studied one year as exchange student at Univerza v Mariboru (Slovenia) and holds a diploma on Cross-Cultural Management and International Business by BI Norwegian School of Management.
Luis Romaguera is an Assistant Vice President – Analyst in Moody´s Covered Bonds team, and is based in the Madrid office. He has Lead Analyst responsibilities for covered bond programmes issued in Iberia and several markets in Central and Eastern Europe.
Luis joined Moody’s from Fitch Ratings, where he held different lead analyst roles across Madrid and London in the European Structured Finance team. Luis holds a Degree in Economics from the University of Greenwich in London.