Bank in Munich: Appraising Value vs. Making Payments
At PSD Bank Munich's Augsburg location, the comprehensive transformation of the credit area is underway, with David Studt and Dominik Michel playing pivotal roles.
David Studt, the Head of the Augsburg branch, is at the helm of the KreditService team, a dynamic group of 14 employees responsible for processes from contract signature to repayment. This includes account opening, loan disbursement, and portfolio management, serving as the interface between contracts and practical implementation.
On the other hand, Dominik Michel, the Credit Officer, leads the KreditBewertung team. This team sees itself as a second pair of eyes, responsible for the valuation of real estate, creation of contract documents, and ensuring quality, particularly in larger financings.
Both leaders attribute their comfort at PSD Bank Munich to the corporate culture, which recognises performance and encourages responsibility. They believe that this culture offers opportunities for shaping things, contributing to their sense of comfort.
David Studt finds joy in his role of coaching and team development, while Dominik Michel acknowledges that a bit of luck is involved in their comfort at PSD Bank Munich. However, he emphasises that if one wants to shape things, they get the opportunity to do so.
The "Fastlane" initiative, involving both leaders, aims to make work more efficient while maintaining quality and customer proximity. This initiative is part of the bank's broader transformation, which seeks to streamline credit processes and improve efficiency.
The corporate culture at PSD Bank Munich encourages shaping things and offers opportunities for those who want to take charge. This ethos is evident in the work of David Studt and Dominik Michel, who are driving significant changes and improvements in the credit processes at the Augsburg location.
In summary, David Studt and Dominik Michel are key figures in the transformation of PSD Bank Munich's Augsburg location. Their leadership and commitment to efficiency, quality, and customer proximity are shaping the future of the bank.
David Studt, as the head of the KreditService team, manages processes requiring financial aspects, such as account opening, loan disbursement, and portfolio management. Meanwhile, Dominik Michel's KreditBewertung team is instrumental in the valuation of real estate and the creation of contract documents, often associated with larger financings.
