CANCELLED:50th Anniversary Public Lecture on 'Application of Stat. Models in..' by Dr Agus Sudjianto
posted by Department of Statistics and Actuarial Science for HKU and Public
Event Type: Public Lecture/Forum/Seminar/Workshop/Conference/Symposium
Event Nature: Science & Technology
- CANCELLED -
50th Anniversary Public Lecture
"Application of Statistical Models in Commercial Banks"
Dr. Agus Sudjianto
Executive Vice President, Head of Corporate Model Risk
Wells Fargo, USA
March 30, 2017 (Thursday)
6:00 p.m. - 7:00 p.m.
Rayson Huang Theatre, HKU
Tea reception at 5:30 p.m.
About the talk:
Mathematical and statistical models are extensively used in Commercial Banks for various purposes either to run the business or to fulfill regulatory requirements. Among the most critical usage is to evaluate the Bank’s financial health and its ability to sustain severely adverse economic scenarios. Models are also used to perform various tasks such as underwriting, portfolio management, valuation and pricing, risk measurement, buying asset protection, and preventing financial crime.
The extensive use and reliance on models requires careful model selection and uncertainty assessment. Computational and statistical issues related to these activities are very challenging considering the size of the data as well as diversity and comprehensiveness of model coverage throughout risk management activities.
In this talk, I will discuss the breadth of modeling applications, statistical issues that arise, and research challenges, all in the context of risk management in large commercial banks. Various examples and areas where models are applied will be presented.
About the Speaker:
Dr. Sudjianto is an Executive Vice President, Managing Director and Head of Corporate Model Risk for Wells Fargo--world’s largest banks in terms of market capitalization--where he leads a highly technical team to manage model risk across the enterprise.
Prior to his current position, Agus was the Modeling and Analytics Director and Chief Model Risk Officer at Lloyds Banking Group in the United Kingdom where he was responsible for the enterprise development and oversight of all risk management models.
Before joining Lloyds, he was a Senior Credit Risk Executive and Head of Quantitative Risk at Bank of America. Prior to his career in banking, he was product design manager at Ford Motor Company where he led engineering teams designing engine systems and components using complex engineering models.
Dr. Sudjianto holds numerous US patents in both Finance and Engineering fields. He is also a co-author of a statistics book in Design and Analysis of Computer Experiment. His technical expertise and interest include Quantitative Risk, especially credit risk modeling, statistical finance, and computational statistics. He holds degrees in Physics, Management, and Engineering from Wayne State University and Massachusetts Institute of Technology.
|Venue||Rayson Huang Theatre, HKU|
Registration is open from 08/02/2017 09:00(HKT) to 08/03/2017 13:00(HKT) on a first-come-first-served basis.
* Registration is now closed.