ion, an Operational Risk Actuary designation, an Investment Risk Actuary designation, a Life Risk Actuary designation, and Pensions Risk Actuary designation from an Israeli organization called IAVFA and a Certified Risk Manager designation from an Israeli organization called IARM.

 

My Areas of expertise are Finance, Risk Management, Options and Financial Engineering.

 

Professional Experience Details

I have been serving as advisor to leading insurance companies, public and private companies, accounting firms and economic advisory firms in Israel.

 

I have published a few empirical studies as academic papers in in professional peer-reviewed journals with the late Dr. Shilo Lifschutz, whom I worked for as a research assistant in the area of risk management in the Israeli banking system. I have published hunderds of educational papers on valuation and risk management in a journal for Managerial and Strategic Thinking called Status.

 

I am a part of a group that won in two tenders of the Israel Tax Authority to serve as advisors for the ISA in the field of valuations both on changing business structure and intangible assets related to real estate transactions.

 

I am included in the list of expert witnesses of the magistrate courts in the district of Tel Aviv, magistrate courts in the district of Haifa District, magistrate court in Kiryat Gat, magistrate court in Ashkelon and other in the areas of valuation, risk management, economics, finance, investment, actuarial science and more.

 

I taught courses at various academic institutions in various financial areas such as securities and financial instruments analysis, portfolio management, financial statement analysis, valuation, derivatives, risk management, corporate finance, banking, statistics and stochastic processes.

 

During the past decade, I have been actively involved in performing thousands of valuations and economic consultations in Israel in a variety of areas, totaling billions of US dollars.

 

I have been serving for over a year now as the Chairman and CEO of the Israel Association of Valuators and Financial Actuaries (IAVFA), which was established by me in order to voluntarily regulate the professions of financial valuation and financial actuarial science in Israel. I am responsible for writing IAVFA's Professional Standards and Statement of Financial Valuation Standards (SFAVs) as well as writing IAVFA's weekly newsletter.

 

I founded "Intrinsic Value", which deals in financial consulting in the areas of valuation and risk management.

 

Mr. Polanitzer engages intensively and has an extensive experience in consulting for accounting firms, economic consulting firms and public companies on corporate valuation, quantitative finance & derivatives valuation, financial and economic modeling and risk measurement and management.

 

Hereinafter is a sample of the works carried out by me, dealing in financial areas:

• Solvency and Financial Stability Opinions. 

• Fairness Opinions.

• Model Validation Works.

• Economic Works for the Purposes of Financial Reporting.

• VaR Model Development.

• Risk Management Consulting.

• Development of Risk Management System.

• Development of a Benchmark for Debt Management.

• Valuations of Financial Products and Embedded Options.

• Development of an Algorithm for Calculating Yield Curves from Market Data.

• Pricing and Hedging of Financial Transactions for Various Investors.

• Valuation of Complex Assets and Employee Stock Option Packages.

• Analysis of Probability to Default of Bond Issuers and Series of Debentures.

• Professional Opinions For the Courts and Regulators.

 

Hereinafter are additional details about my education, jobs and roles both in the past and in the present:

 

POSITIONS HELD

Intrinsic Value - Independent Business Appraisers                                                                             10-current

MATI – the Haifa Business Development Center, Adjunct Lecturer for a business valuation Course             15

Ariel University, Academic Chapter of GARP in Israel, Adjunct Lecturer for Statistics and Stochastics         13 Processes Courses

Dr. Shilo Lifschutz, Research and Teaching Assistant                                                                               06-10

Raveh Ravid & Co. CPA in Israel, Founder and the Head of Corporate Valuations                                        09

Ogen Ltd. - Actuarial, Financial and Business Consulting, Risk Manager, Founder and Head of Fair      08-09

Value

Achva Academic College, Management Faculty, Adjunct Lecturer for Derivatives and Risk                     08-08

Management Courses

Ben-Gurion University of the Negev, Investment Committee, Risk Manager and Chief Modelist              07-08

Ashkelon Academic College, School of Economics, Adjunct Lecturer for Financial Statement                 07-08

Analysis and Valuations Courses

Private course, Lecturer for Securities and Financial Instruments Analysis and Portfolio Management   06-07 

Courses  

 

EDUCATION

PRA, Pensions Risk Actuary                                                                                                                      2015

LRA, Life Risk Actuary                                                                                                                               2015

IRA, Investment Risk Actuary                                                                                                                    2015

ORA, Operational Risk Actuary                                                                                                                  2015

CRA, Credit Risk Actuary                                                                                                                           2015

MRA, Market Risk Actuary                                                                                                                         2015

FEM, Financial and Economic Modelist                                                                                                     2015

QFV, Quantitative Finance Valuator                                                                                                           2015

CFV, Corporate Finance Valuator                                                                                                               2015

CRM, Certified Risk Manager                                                                                                                     2013

FRM, Financial Risk Manager                                                                                                                    2013

Successful Completion of Advanced Courses in Mathematics and Statistics at Program for                    2012

Certificate Studies in Actuarial Science, University of Haifa

M.B.A., Ben Gurion University. Business Administration and Finance (Cum Laude)                                 2008

Successful Completion of all the Portfolio Manager's License Exams, Israel Securities Authority (ISA)   2006

Successful Completion of Advanced Courses in Mathematics and Finance for M.A. Studies in               2006

Economics, Ben-Gurion University of the Negev

B.A., Ben-Gurion University of the Negev. Economics and Finance (Cum Laude)                                    2006

 

AREAS OF EXPERTISE

Value-at-Risk and Financial Risk Management, Options and Other Derivatives, Financial Engineering, Structured Products, Stochastic Processes, Monte Carlo Simulations, Corporate Finance and Banking.

 

PROFESSIONAL ACTIVITY

Chairman of IAVFA                                                                                                                                    2015   Founder and CEO of IAVFA (www.iavfa.com)                                                                                           2014

ועי פולניצר, בעלים של שווי פנימי - יעוץ בהערכות שווי וניהול סיכונים. Roi Polanitzer, the owner of Intrinsic Value - Valuation and Risk Management

Mr. Polanitzer's Corporate Finance Valuator (CFV) Certificate (Hebrew)

Mr. Polanitzer's Quantitative Finance Valuator (QFV) Certificate (Hebrew)

Mr. Polanitzer's Financial and Economic Modelist (FEM) Certificate (Hebrew)

Mr. Polanitzer's Market Risk Actuary (MRA) Certificate (Hebrew)

Mr. Polanitzer's Credit Risk Actuary (CRA) Certificate (Hebrew)

Mr. Polanitzer's Operational Risk Actuary (ORA) Certificate (Hebrew)

Mr. Polanitzer's Investment Risk Actuary (IRA) Certificate (Hebrew)

Mr. Polanitzer's Certified Risk Manager (CRM) Certificate (Hebrew)

Mr. Polanitzer's Financial Risk Manager (FRM) Certificate (English)

Mr. Polanitzer's Financial Risk Management Certificate (Hebrew)

Mr. Polanitzer's Master of Business Administration (MBA) Certificate (English)

Mr. Polanitzer's Bachelor of Arts (BA) Certificate (English)

Mr. Polanitzer's Curriculum Vitae (English)