| ||After finishing his PhD in theoretical physics at the Technical University of Vienna in June 1986 he held research positions at physics institutes of the Technical University in Karlsruhe and the Queen Mary College in London.
|1990-1995|| worked as assistant professor at the Institute for Theoretical Physics of the Technical University of Vienna.
| ||Gives lectures on theoretical physics as well as on financial risk management at Universities in Vienna. He is a regular speaker at scientific and commercial conferences on strategic risk management.|
|1995|| risk management department of Creditanstalt in Vienna, where he developed a Value at Risk based market risk management system, which was successfully implemented in the entire Bank Austria-Creditanstalt group.