Andreas Spyrides

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Andreas is leading the Risk Advisory at Grant Thornton Cyprus.

He is a finance professional with more than 10 years of experience, a CFA charter holder with a M.Sc. in Banking and Risk and a B.Sc. in Computer Science.

Andreas is an experienced Risk Professional with a demonstrated history of working in the financial services industry. Andreas has assisted major financial institutions in Cyprus and abroad in delivering quantitative models for the better estimation of risk, mainly around regulatory capital, which included IRB modelling, IFRS9 and ECL calculations, IRRBB, Stress-Testing, ICAAP, ILAAP among others. He has been involved in full lifecycles of models, including initiation, development, validation, regulatory inspections, and implementation of models. Andreas is also a technology enthusiast and has provided Machine Learning and Generative AI solutions and advice to major clients abroad.

Andreas has also been involved in development of models for the quantification of Climate and Environmental risks of different portfolios. His most recent appointment prior to joining Grant Thornton Cyprus was in the Wholesale Credit Risk department of Barclays International based in London holding the position of Vice President and leading a team of analysts.

Latest Articles

Risk Advisory ECB’s Updated Guide to Internal Models: Key Credit Risk Changes

In our previous publication, we explored the inclusion of Machine Learning (ML) in the updated ECB Guide to Internal Models and the regulator’s expectations for its use within Pillar 1 models. Building on that, this article shifts focus to credit risk, where the revised Guide introduces more granular expectations for institutions using IRB models, reflecting a firmer supervisory stance, the integration of EBA Handbook elements, and alignment with CRR3 requirements.

20 Aug 2025

Risk Advisory The Use of Machine Learning Techniques in Internal Models

To ensure the orderly functioning and integrity of financial markets and the overall stability of the EU financial system, the European Banking Authority (EBA) is tasked with monitoring market developments and identifying emerging risks and vulnerabilities at the micro-prudential level. A core tool supporting this mandate is the EU-wide stress test exercise, which the EBA is empowered to initiate and coordinate under its Regulation. Conducted in cooperation with the ESRB, ECB, and European Commission, the stress test evaluates the resilience of financial institutions against adverse economic scenarios and contributes to a broader assessment of systemic risk within the EU.

07 Aug 2025

Quantitative Risk European Banking Authority’s roadmap to sustainable finance

The EBA will integrate ESG risks considerations into its framework over the next three years to support the EU's transition to a more sustainable economy. Read more

Andreas Spyrides

| 2 min read | 14 Dec 2022

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