Rita Vago
Summary
Dynamic individual with hands-on experience international trade and corporate banking and talent for navigating challenges. Brings strong problem-solving skills and proactive approach to new tasks. Known for adaptability, creativity, and results-oriented mindset. Committed to making meaningful contributions and advancing organizational goals.
Demonstrates strong analytical, communication, and teamwork skills, with proven ability to quickly adapt to new environments. Eager to contribute to team success and further develop professional skills. Brings positive attitude and commitment to continuous learning and growth.
Overview
22
22
years of professional experience
Work History
Trade and Investment Commissioner of Hungary to Australia
CONSULAR OFFICE OF HUNGARY
04.2015 - 07.2024
- Drive Bilateral Trade Relations: Lead initiatives to foster and expand trade between Hungary and Australia, and Hungary and New Zealand, ensuring strategic growth and mutual economic benefits
- Promote Strategic Investment: Advocate and promote key investment opportunities in Hungary to global investors, aligning with national economic priorities
- Advisory on Business and Regulatory Environments: Provide high-level consulting to Hungarian businesses on navigating the regulatory and market landscapes in Australia and New Zealand, facilitating market entry and expansion
- Take part in Trade Negotiations: Participate in high-stakes trade negotiations, securing favorable outcomes that enhance Hungary's trade position and international competitiveness
- Market Intelligence and Research: Oversee the preparation of comprehensive market research and analysis to inform policy, strategy, and business decisions
- Coordinate High-Level Diplomatic Engagements: Organize and manage high-profile government visits, ensuring successful diplomatic engagements, logistical coordination, and protocol adherence
- Lead Business Forums: Develop and execute high-impact business forums to promote Hungary's economic interests and foster partnerships between Hungary, Australia and New Zealand
- Tourism Advocacy: Promote Hungary as a premier destination for inbound tourism, collaborating with industry stakeholders to boost the nation's tourism profile
- Facilitate Scientific Collaboration: Strengthen international research partnerships between Hungarian and Australian universities and research institutions, fostering innovation and knowledge exchange
- Prepare Strategic Reports and Briefings: Deliver well-researched reports, presentations, and ministerial briefings, supporting ministerial meetings and policy development
- Support Hungarian Businesses in Victoria: Provide strategic support to Hungarian businesses operating in Victoria, enhancing their market presence and driving growth
- Sport diplomacy: Promote Hungary's achievements in sport history
- Facilitated High-Level Government Visits: Successfully organised and coordinated two presidential visits to Melbourne, for the President of Hungary in 2017 and in 2023
- Responsibilities included comprehensive logistics planning, liaising with the Australian Federal Police (AFP) and Victoria Police, DFAT VIC, overseeing protocol duties, and coordinating meetings with Victorian ministers and the Governor of Victoria
- Additionally, ensured meaningful engagement and activities between the President and the Hungarian community
- Enhanced Hungary - Australia Trade Relations: Contributed to a historic milestone in Hungary's export to Australia, which exceeded AUD 1B for the first time in 2022, doubling from AUD 545 Mn in 2015
- Business Forums: Organised five successful business forums promoting Hungary and Central Europe, including the Central European Business Forum (2015, 2016, 2017, 2018, 2019) and the Australia-Hungary Tech Bridge Business Forum in November 2023
- Strengthened Research Collaborations: Coordinated multiple Hungarian agricultural researchers visits to Australia to foster knowledge exchange and partnerships
- Conductive Education Conference: Organised and served as Master of Ceremonies for the Conductive Education Conference in Melbourne, October 2019
- Supported the establishment of Teqball Australia Sport
- Played a key role in the establishment of the Teqball Australia Sport Association, including organizing the first Teqball table donation event in Melbourne to Melbourne Victory at AAMI Park
Business Banking Manager
NATIONAL AUSTRALIA BANK
03.2013 - 05.2013
- Manage loan portfolio
- Identify new business and referral opportunities
- Maintain and enhance the credit risk profile and profitability of the portfolio
- Prepare and submit credit applications
Regional Sales Director
CIB BANK
09.2009 - 11.2011
- Managed sales staff of 40, divided into 5 teams
- Developing sales strategies
- Coaching, mentoring, supervision of direct reports
- Implement Annual Business Plan
- Review of internal rules and regulations
- Monthly presentation of the portfolio results to the executive management of the bank
- Carry out of quality control and review of credit application
- Performance appraisal
- Internal training development
- Recruitment
- The Best Leader of the year of 2011 in SME Business Banking Division
- Highest re-priced portfolio among SME Regions by a growth off 3% p.a
- Despite economic recession, the portfolio quality stabilized
- Designed and set up new reporting lines to enforce sales efficiency in the face of worsening economic circumstances
- Participate in the development of new lending processes, LEAN method
- Re-engineering of lending process of SME real-estate leasing
- Achieved positive behavioral change in the team and stabilized the fluctuation
Head of Large Corporates Team
GE MONEY- Budapest Bank
09.2005 - 11.2009
- Responsible for a team of 11 commercial banker
- Supervising a credit portfolio of USD 208 Million
- Credit Proposals review
- Credit proposal presentation to GE Capital's decision makers seated in London and Stamford
- Product Development
- Client Acquisition
- HR tasks
- Performance appraisal based on GE's standards
- Credit portfolio monitoring
- Built a highly motivated sales team
- USD 50 Mn annual growth in lending portfolio, outperformed KPI
Senior Relationship Manager- Large corporates
GE MONEY- Budapest Bank
09.2005 - 11.2008
- Client acquisition
- Negotiation
- Account keeping service
- Preparing credit applications
- Drafting legal documentation
- The most successful salesperson award of the team (2007)
- The largest lending portfolio
- Originated 50% of the team's total revenue
- Key contributor to the bank's new internal system implementation project
Project Finance Manager
K&H BANK
08.2002 - 09.2005
- Client relationship
- Prepare structured finance lending proposals
- Conduct analysis for financial projection
- Preparing syndicated loan documentation
- Successful underwriting of syndicated loan to the City of Budapest involving 12 international banks
Education
Master of Banking -
Institute for Training and Consulting in Banking and Coronus University of Budapest
01.2004
Bachelor of Economics -
Joined degree of the University of Economic Sciences and Public Administration of Budapest and ESSCA University France
01.2002
Skills
- Effective influencing skills
- Stakeholder management
- Strong interpersonal skills
- Strong communicational skills
- Pro-active mind-set
- Strategic mind-set
- Prompt problem solving abilities
- Proven team player
- Hard working ability
- Can do attitude
- Government relations
- Partnership development
Organizational skills
Attention to detail
Multitasking
Languages
English
Bilingual or Proficient (C2)
French
Intermediate (B1)
Hungarian
Bilingual or Proficient (C2)
Work Availability
monday
tuesday
wednesday
thursday
friday
saturday
sunday
morning
afternoon
evening
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Software
Microsoft Office
Canva
Timeline
Trade and Investment Commissioner of Hungary to Australia
CONSULAR OFFICE OF HUNGARY
04.2015 - 07.2024
Business Banking Manager
NATIONAL AUSTRALIA BANK
03.2013 - 05.2013
Regional Sales Director
CIB BANK
09.2009 - 11.2011
Head of Large Corporates Team
GE MONEY- Budapest Bank
09.2005 - 11.2009
Senior Relationship Manager- Large corporates
GE MONEY- Budapest Bank
09.2005 - 11.2008
Project Finance Manager
K&H BANK
08.2002 - 09.2005
Bachelor of Economics -
Joined degree of the University of Economic Sciences and Public Administration of Budapest and ESSCA University France
Master of Banking -
Institute for Training and Consulting in Banking and Coronus University of Budapest
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