TSI Partners


Contact person

Paolo Montresor
Managing Director - Head of ABS Structuring
UniCredit Bank AG
Paolo joined UniCredit Milan in 2003 with a focus on Debt Capital Markets. In 2004 he moved to Dublin and in 2005 to London where he started focusing on Securitisation.
He became responsible for UniCredit’s Southern European Securitisation team in 2011 and recently took over global responsibility for Securitisation, Receivables and Specialised Asset Financing within UniCredit.
In his career Paolo led the execution of ground-breaking transactions including the largest Italian covered bond programme (UniCredit OBG), the largest European RMBS (Cordusio RMBS 5) and the largest European market based NPL Securitisation (Project FINO). He has a summa cum laude degree in Economics from Bocconi University in Milan and a master in Risk Management & Controll.
Stefan Leipold
Head of Securitisation, Asset Backed Solutions - Germany
UniCredit Bank GmbH
Stefan Leipold is Managing Director and is heading the Trade Receivables Financing team within Corporate & Investment Banking at UniCredit, which is globally in charge of acquisition and structuring of securitisation and structured transactions based on the asset class trade receivables for UniCredit Group’s clients. Stefan joined UniCredit in May 2015. Before joining UniCredit, Stefan worked at a German bank and was in charge of the German Securitisation Business as Deputy Head of Securitisation. Stefan started to work in the securitisation business in 2003. Stefan holds a degree in Business Administration from University of Marburg.
Reiner Ulrich
Managing Director, Head of ABCP Conduit und Portfolio Management
UniCredit Bank GmbH
Reiner Ulrich is a Managing Director and Head of UniCredit's global ABCP Conduit and Client Securitisation Portfolio Management team within the Client Solutions Division. He manages client transactions with special focus on credit funding and associated regulatory, administrative and reporting requirements.
Reiner has been with UniCredit Bank AG since 1997. Before joining the Securitisation unit at UniCredit Bank AG, he worked in the short- and long-term and regulatory funding team within Treasury and liquidity risk management in the Asset-Liability management department of HVB Group.
Reiner started his banking career as a retail banker at a German Sparkasse followed by several years with the Sparkassen Association where he developed and supported the Treasury activities of the German Sparkassen.
Reiner holds a degree in economics from Ludwig-Maximilians-Universität in Munich where he specialised in banking, finance, audit and M&A. He is also a licensed banker (Bankkaufmann).

About UniCredit

UniCredit is a pan-European commercial bank with a unique service offering in Italy, Germany and Central and Eastern Europe. 

At home throughout Europe, UniCredit is the partner of choice for our clients’ increasingly sophisticated demands both in financing and investments. We serve over fifteen million clients in a cohesive manner, connecting them to our thirteen banks. This allows us to be close to our clients while leveraging on the scale of the entire Group. Our purpose is to empower communities to progress, delivering best-in-class products and services to all stakeholders, whilst unlocking the potential of our clients and our people. 

We have a harmonised service model, leveraging on our Client Solutions division which serves all regions allowing us to simplify the access to our offerings as well as to harness the scale of bringing all our different banks together in combination with targeted product expertise that we deliver at a country level. 


Securitisation and Asset Backed Solutions at UniCredit

With a solution-driven approach UniCredit has been amongst the leading players in the European securitisation market over the recent years. UniCredit's Securitisation and Asset Backed Solutions Team offers clients the full range of securitisation products and structured products based on securitisation technique across different asset classes including, but not limited to loans, leases (including Residual Value) and trade receivables. The Securitisation and Asset Backed Solutions team, which is part of the Client Solutions division, focuses on structuring, placing and financing transactions for corporates and financial institutions in UniCredit Group’s core markets as well as for UniCredit Group. Backed by one of the largest teams across European banks, and operating via our three main hubs in Milan, Munich and London, we are eager to deliver customised solutions that meet our clients’ needs leveraging on our extensive track record but also on the heterogenous skillsets of our team members all enjoying decades of experience in the field.

The business model of Securitisation and Asset Backed Solutions for corporate clients and financial institutions is geared towards clients in UniCredit Group’s home markets and also to international companies.

The offered products range from private solutions (based on our balance-sheet capabilities but also on our ABCP Programme “Arabella Finance DAC”) to publicly placed transactions, focusing on funding driven solutions (with the main objective of diversifying funding sources at favorable conditions), to regulatory capital optimisation deals or transactions aimed at enhancing working capital needs (with/without asset de-recognition).

Due to the size of our ABCP Programme Arabella Finance DAC, which is one of the largest ABCP Programmes sponsored by a European bank (with committed lines in excess of EUR 6bn), in combination with our balance-sheet investments (for a combined total exposure in excess of EUR 12bn) we are one of the top underwriters in European public ABS transactions.

Our experts as speakers at TSI events

Stefan Leipold
Stefan Leipold

TSI Training


11. September 2024

Verbriefung von Handels- und Leasingforderungen (ABCP und private Transaktionen)
Frühbucherrabatt bis zum 31. Juli