Dr. Vivian van Breemen

I enjoy conducting research that is both academically rigorous and practically relevant, with the aim of contributing to a more resilient financial system.

Dr. Vivian van Breemen is a Research Fellow at Nyenrode Business University. She obtained her PhD in Finance from Nyenrode in 2023 and specializes in academic research on risks in capital markets. Her research has been presented at leading international conferences, including the American Finance Association, and published in highly ranked international journals such as the Journal of International Money and Finance, the Journal of International Financial Markets, Institutions & Money, the Journal of Financial Services Research, and Financial Markets, Institutions & Instruments.

She holds a Master’s degree in International Economics from the University of Groningen (2016) and a Master’s degree in Financial Management from Nyenrode Business Universiteit (2018). In a previous role at the European Central Bank, Dr. Van Breemen focused on supervisory strategy and risk. She currently works in banking supervision at De Nederlandsche Bank, where she is involved in the supervision of one of the largest European banks.

International activities

Van Breemen has collaborated with researchers from EDHEC Business School, the European Central Bank, and De Nederlandsche Bank. She has presented her work at international conferences including the American Finance Association Conference, the Central Bank Research Association Conference at Columbia University, and the Paris Financial Management Conference.

Interests

In her free time, she enjoys spending time with family and friends and engaging in various sports.

Most relevant publications

• Van Breemen, V. M., Schwarz, C., & Vink, D. (2025). Risk retention in the European securitization market: Skimmed by the skin‑in‑the‑game methods? Journal of International Money and Finance, 141, 102475.
• Van Breemen, V. M., Fabozzi, F. J., Nawas, M., & Vink, D. (2024). Creditor protection and credit ratings in the U.S. RMBS market. Financial Markets, Institutions & Instruments, 33(3), 267–292.
• Van Breemen, V. M., Fabozzi, F. J., & Vink, D. (2023). Intensified competition and the impact on credit ratings in the RMBS market. Financial Markets, Institutions & Instruments, 32(2), 51–86.
• Fabozzi, F. J., Van Breemen, V. M., Vink, D., Nawas, M., & Gengos, A. (2023). How much do investors rely on credit ratings? Empirical evidence from the U.S. and E.U. CLO primary market. Journal of Financial Services Research, 63(2), 221–247.
  
• Vink, D., Nawas, M., & Van Breemen, V. M. (2021). Security design and credit rating risk in the CLO market. Journal of International Financial Markets, Institutions and Money, 72, 101305.
  
• Faella, F., Scheins, C., Schwarz, C., & Van Breemen, V. M. (2025). The importance of the SSM’s fitness and propriety work for banks’ performance: Evidence from 10 years of SSM work (ECB Working Paper No. 3115). European Central Bank.