Subject Matter Experts

Meet our subject matter experts – the dedicated people who provide deep industry expertise, business value, and insight to our clients about the global financial markets.

With extensive experience across credit analysis, economic research, and risk management, our subject matter experts are here to help solve your complex risk management challenges.


Henry Acosta Director, Financial Engineering Henry leads the Consumer ABS Desk at Moody’s Analytics, providing advanced analytics, data feeds, credit models and portfolio monitoring products to ABS market participants. Henry has 20 plus years of experience in structured finance, working in cashflow modeling, primary ratings analyst and risk management roles.
Megha Agrawal Director, Product Management Megha currently heads the product development team for the Structured Finance APIs and redistribution business at Moody’s Analytics. Her team provides economic, credit risk, market risk and cash flow analytics across multiple structured finance asset classes through innovative content delivery methods such as Microservices, local/hosted APIs, iFrames and Excel Add-in. Prior to joining Moody’s Analytics, Megha led Product Development and Business Analysis for commodities trading platforms at Archer Denials Midland Company (ADM), and spent time as a technology consultant in the banking industry while working for Oracle Financial Services.
Thased Ali Director, Financial Engineering Thased (Taz) leads the Structured Solutions teams in Europe, implementing and supporting structured products and solutions for investors, banks, hedge funds, price and valuation providers, as well as central banks and regulators. His team focuses on delivering off-the-shelf and customized software, data and cashflow analytics to securitization market participants through continuous product innovation and best-in-class analytics via standardized and custom delivery channels.
Avinash Arun Associate Director, Senior Strategist Avinash is a senior product manager in the small and mid-market enterprise (SME) business group at Moody’s Analytics. He is responsible for developing and managing solutions for banks to improve their lending and credit decisioning to small businesses. He has been with Moody’s Analytics since 2013, and has been focused on SME strategy, analysis, and process for banking customers.
Karim Ben Ayed Associate Director, Insurance Solution Specialist Karim provides in-depth expertise to European insurance companies about Solvency II compliance and implementation of the different pillars, including ORSA. Prior to joining Moody’s Analytics four years ago, he spent four years at AXA Group and B&W Deloitte. As an actuary in AXA’s risk department, Karim helped launched their variable annuities product in the French market. His specialties also include the implementation of pricing models and embedded values. Karim holds a Master’s degree in Actuarial Sciences from Paris Dauphine University.
Dinesh Bacham Assistant Director, Research Dinesh is an assistant director within the research division of Moody’s Analytics. He works on the RiskCalc solution and small business risk model development. He holds an MS in financial engineering from the UCLA Anderson School of Management.
Alexis Bailly Director, Insurance Specialist Alexis is responsible for the advancement of Moody’s Analytics insurance activities in EMEA. He contributes to the development of Moody’s Analytics Solvency II client propositions, in particular with internal models and ORSA.
Laurent Birade Senior Director, Regulatory and Accounting Solutions Laurent is a senior director responsible for providing Risk and Finance integration expertise across solutions, products, and services offered by Moody’s Analytics in the USA and Canada. As a domain expert in financial services since 2005, Laurent has accumulated a wealth of knowledge on the effective integration of risk and finance processes.
Daniel Brown Senior Director, Principal, Risk Consultant Dan is a senior director in the Moody's Analytics client management group. His primary responsibilities involve managing client relationships for large, complex implementation efforts. Prior to joining Moody’s, he had a long career in banking risk management, with leadership roles in RAROC, Basel II/III, and CCAR development efforts.
Pierre-Etienne Chabanel Managing Director, Product Management Based in Paris and working on Moody’s Analytics enterprise risk solutions business, Pierre-Etienne is responsible for developing and supporting the software regulatory products line. He has a significant risk management background, specializing in credit risk, and is a regulatory expert on Basel I, II, and III.
Dr. Jun Chen Senior Director, Research Jun Chen is a senior director at Moody’s Analytics where he leads the commercial real estate (CRE) research team. His team conducts empirical research and develops quantitative models focused on CRE loan credit risk for Moody’s Analytics product and service offerings.
Annie Choi Senior Director, Product Management Annie is a senior director and the Product Management team lead for the credit assessment and origination group at Moody’s Analytics. Annie’s global team is responsible for the design and overall development of the group’s products. Annie has more than 15 years of experience leading creative technology teams and has been with Moody’s Analytics since 2008. Before joining Moody’s Analytics, she worked for a major US bank for more than five years, where she was responsible for the credit card online experience.
Dr. Sohini Chowdhury Director – Economic Research Sohini Chowdhury is a Director and Senior Economist with Moody’s Analytics, specializing in macroeconomic modeling and forecasting, scenario design, and market risk research, with a special focus on stress testing and CECL applications. Previously, she led the global team responsible for the Moody’s Analytics market risk forecasts and modeling services while managing custom scenarios projects for major financial institutions worldwide.
Dr. Shirish Chinchalkar Managing Director, Consumer Credit Analytics Shirish is experienced in numerical and high-performance computing and computational finance. He has worked on Monte Carlo methods, numerical optimization, and parallel computing. At Moody’s Analytics, he works in the economic and structured analytics group on the Portfolio Analyzer platform for analyzing residential mortgages, auto loans, and asset-backed securities.
Stephen Clarke Senior Director, Sales Manager Stephen leads Moody’s Analytics sales group for the Americas, providing off-the-shelf and customized data, software, valuations, stress testing, accounting, and advisory solutions to structured finance market participants, including hedge funds, asset management firms, banks, insurance companies, and regulators. Prior to his head of sales role, Stephen led product management, modeling, data production, customer support and implementations, and advisory services for the structured finance investor group globally. He led the EMEA and Asia-Pacific operations for the group from 2011 to 2016 and has 13 years of experience in the structured finance markets.
Dr. Steven G. Cochrane Chief APAC Economist Steven G. Cochrane, PhD, is Chief APAC Economist with Moody’s Analytics. He leads the Asia economic analysis and forecasting activities of the Moody’s Analytics research team, as well as the continual expansion of the company’s international, national and subnational forecast models. In addition, Steve directs consulting projects for clients to help them understand the effect of regional economic developments on their business under baseline forecasts and alternative scenarios. Steve’s expertise lies in providing clear insights into an area’s or region’s strengths, weaknesses and comparative advantages, relative to macro or global economic trends.
Dr. Richard Cross Director, Data Services Richard is an assistant director responsible for numerous analytical productivity and data quality initiatives. He designs, implements, and operates systems that apply lean manufacturing principles to data production. Prior to Moody’s Analytics, he was a consultant with McKinsey. He has a PhD and an MS in aerospace engineering from Georgia Tech, and an SB in aeronautics and astronautics from MIT.
Dr. Cristian deRitis Senior Director, Consumer Credit Analytics Cristian is a senior director who develops credit models for a variety of asset classes. His regular analysis and commentary on consumer credit, housing, mortgage markets, securitization, and financial regulatory reform appear on Economy.com and in publications such as The Wall Street Journal and The New York Times. Cristian has a PhD in economics from Johns Hopkins University and is named on two US patents for credit modeling techniques.
Scott Dietz Director, Regulatory and Accounting Solutions Scott is a Director in the Regulatory and Accounting Solutions team responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. He has over 15 years of experience leading auditing, consulting and accounting policy initiatives for financial institutions. Scott is a licensed CPA in Massachusetts and member of the AICPA, with a Bachelor of Science in Accounting from Lehigh University.
Dr. Douglas W. Dwyer Managing Director, Research Douglas heads the Moody’s Analytics single obligor research group. This group produces credit risk metrics of small businesses, medium-sized enterprises, large corporations, financial institutions, and sovereigns worldwide. The group’s models are used by banks, asset managers, insurance companies, accounting firms, and corporations to measure name-specific credit risk for a wide variety of purposes. We measure credit risk using information drawn from financial statements, regulatory filings, security prices, derivative contracts, and behavioral and payment information. Previously, Doug was a principal at William M. Mercer, Inc. He has a PhD from Columbia University and a BA from Oberlin College, both in economics.
David Fihrer Director, Actuary David is a Fellow of the Institute of Actuaries and Associate of the Society of Actuaries. An IFRS 17 subject matter expert. David is currently involved in the interpretation of IFRS 17, working with insurers across the globe on the key aspects of the new standard. David has been with GGY and now Moody’s Analytics since 2004. Prior to joining GGY, he spent 16 years working as an actuary for insurance companies across a number of lines of business and functional roles. David’s experience includes various GAAP reporting frameworks, earnings analysis, long-term care, and other health protection products.
Andy Frepp Managing Director, General Manager Andy has more than 25 years of experience in the insurance, asset management, and pensions industries, and helps global insurers address their regulatory compliance and risk management needs. Before working for Moody’s Analytics, Andy was the CEO of Barrie & Hibbert, a market-leading insurance risk management software and advisory business. Prior to that, he had a variety of senior leadership roles in large asset management and insurance firms. A qualified actuary, Andy has a BSc in Mathematics from Imperial College London and an MBA from the University of Hull.
Pierre Gaudin Senior Director Pierre is in charge of strategic initiatives in Asia-Pacific for risk appetite management, stress testing, and origination at Moody’s Analytics, assisting with subject matter expertise, clients requirement analysis, and use case illustrations. He joined Moody’s Analytics via Fermat in 2004 and has led several Basel RWA implementations in Europe and Asia. He also developed Fermat Education services, designing and delivering regulatory compliance and ALM training to clients and system integrators worldwide.
Cayetano Gea-Carrasco Managing Director, Data Intelligence Mr. Gea-Carrasco works with financial institutions to address their technology and enterprise risk management needs. Previously, Mr. Gea-Carrasco held leadership positions at various institutions and global banks.
Maxime George Associate Director, Relationship Manager Maxime works with the risk and portfolio managers of financial institutions and finance departments of large corporations, addressing rating and counterparty risk management issues.
Kevin Hadlock Senior Director Kevin is a Global eLearning Solution Specialist and supports all training-related activities throughout the Asia-Pacific region. He has designed numerous distance-learning and web-based training programs, developed and taught many seminars, webinars, and full, blended training programs, and has authored a substantial body of content used globally by thousands of credit trainees.
David Hamilton Managing Director, Head of Stress Testing and Credit Risk Analytics, APAC David T. Hamilton is a Managing Director in charge of stress testing and credit risk analytics for the Asia Pacific Region, based in Singapore. Dr. Hamilton has been with Moody’s for eighteen years and has held various senior positions in both Moody’s Investors Service and Moody’s Analytics.
Joy Hart Director of Product Management Joy has more than 10 years of financial services experience in a variety of areas. As a product management director, she currently focuses on development of portfolio risk management tools including the RiskFrontier™ software. Joy has a BS in aerospace engineering from Massachusetts Institute of Technology and an MBA from NYU Stern.
Christian Henkel Senior Director Christian leads the risk measurement advisory team throughout the Americas and is an experienced credit practitioner, having spent most of his career in commercial banking.
Robby Holditch Director, Regulatory and Accounting Robby is a Director in the Regulatory and Accounting Solutions team. He is responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the Americas. Robby has 15 years of experience in tax, financial reporting, and fair value measurement with regional banks and Big 4 audit firms. He has Bachelor of Accountancy and Master of Taxation degrees from Mississippi State University.
Trevor Howes Director, Actuary Trevor is a Fellow of the Society of Actuaries, the American Academy of Actuaries, and the Canadian Institute of Actuaries. He has more than 40 years of experience in life insurance, life reinsurance, and actuarial consulting in Canada and the US. Since 1994, Trevor has worked in different roles at GGY and Moody’s Analytics. His expertise spans across multiple domains including the actuarial, finance, and risk management functions. Over the years, Trevor has been closely monitoring the development of IFRS 4 Phase 2 and more recently IFRS 17, working with Canadian associations and helping our clients with IFRS 17 implementation.
Dr. Tony Hughes Managing Director, Economic Research Tony oversees the Moody’s Analytics credit analysis consulting projects for global lending institutions. An expert applied econometrician, he has helped develop approaches to stress testing and loss forecasting in retail, C&I, and CRE portfolios and recently introduced a methodology for stress testing a bank’s deposit book.
Taku Ibuki Director, Financial Engineering Taku is a Director of Financing Engineering for the Structured Content Solution’s Tokyo Desk, providing analytical software, valuations and advisory solutions to structured market participants, primarily investors. He has over 14 years of experience in the structured finance market, especially in credit analysis and structuring, including working as a Senior ABS/RMBS/CDO Rating Analyst.
Bhargav Jani Senior Director, Financial Engineering Bhargav manages the Structured Finance Portal product and client services teams in Moody’s Analytics Structured Content Solutions group, providing data and analytics to various structured finance market participants, including hedge funds, asset management firms, banks, insurance companies, and regulators.
Arthur Kleynerman Senior Director – Global Content Arthur is responsible for managing Risk & Regulatory Solutions, third-party partnerships, and Application Programming Interfaces (APIs) for all Structured Finance sectors at Moody’s Analytics. He oversees regulatory submission and stress testing activities, and performs advisory, valuation, and consulting services for clients’ structured portfolios. Arthur held prior positions in Client Implementation and Services roles, as well as Content Production, where he developed expertise in all structured asset classes.
Adam Koursaris Senior Director, Product Management Adam rejoined Moody’s analytics in 2017 after four years working at Willis Towers Watson. He had previously worked at Moody’s Analytics and Barrie and Hibbert for seven years.
Anna Krayn Senior Director, Manager, Regulatory and Accounting Solutions Team Anna manages the Regulatory and Accounting Solutions team in the Americas. The team is responsible for solutions structuring, leveraging Moody’s Analytics products and services focusing on impairment, stress testing, capital planning solutions and credit risk management. Her primary focus is on financial institutions.
Jacob Krayn Director, Financial Engineering Jacob works on Moody’s Analytics data products across structured asset class categories. Jacob’s team sources, designs and delivers data solutions for buy-side, sell-side, research and regulatory clients. Jacob has over fifteen years of structured products experience across RMBS, ABS and whole loan products. Prior to Moody’s Analytics, Jacob was the Head of Counterparty Credit Risk – Americas for KCG Holdings (fka Knight Capital Group).
Nicolas Kunghehian Director, Business Development - EMEA Nicolas is responsible for thought leadership on ALM, liquidity, and market risks for the EMEA region to help financial institutions define a sound risk management framework.
David Kurnov Senior Director, Financial Engineering David focuses on the use of emerging technologies to develop analytic and data solutions for the structured finance market. Previously, he managed global operations for the structured finance valuations and advisory group, where his team developed and implemented analytic models for valuing and stress-testing securities across structured asset classes and provided advisory support for risk analysis and regulatory submission.
Anna Labowicz Director, Product Specialist Anna focuses on portfolio analytics and regulatory compliance solutions, helping financial institutions address portfolio credit risk. In previous roles at Moody’s Analytics, she has implemented and designed economic capital solutions and worked in an advisory capacity with a focus on portfolio and correlation modeling. Anna has a BS from the University of Illinois at Urbana-Champaign and an MA in European studies. She is a CFA charterholder.
Dr. Nick Lacey Director, Advisory Services Nick has held several roles at Moody’s Analytics, including product manager for our risk model platform, and pre-sales expert on implementation of models in our software suite. Nick currently leads credit assessment and origination services for the EMEA region. In this role, he guides a team in the implementation of Moody’s Analytics credit and origination solutions.
Eric Leman Director, Solution Specialist Eric has served as a Solution Specialist of banking compliance and risk management since 2009, helping organizations make more informed risk management decisions – specifically IFRS9, Basel III Capital Adequacy (credit risk, market risk, liquidity risk), asset and liability management, and stress testing.
Glenn Levine Associate Director, Senior Research Analyst Glenn Levine is an Associate Director focusing on capital markets research. He provides support for the EDF product suite and is the lead researcher for Stressed EDF.
Dr. Amnon Levy Managing Director, Head of Portfolio and Balance Sheet Research Dr. Amnon Levy heads the group responsible for research development and quantitative services related to Moody’s Analytics portfolio and balance sheet solutions.
Dr. Juan Manuel Licari Managing Director, Chief International Economist Juan and his team are responsible for generating alternative macroeconomic forecasts for Europe and for building econometric tools to model credit risk phenomena. His team develops and implements risk solutions that explicitly connect credit data to the underlying economic cycle, allowing portfolio managers to plan for alternative macroeconomic scenarios.
Ingrid Lin Director, Financial Engineering Ingrid leads the RMBS/Agency Desk in Moody’s Analytics Structured Content Solutions Group. She manages a team of financial engineers that develop, implement, and support analytical solutions for RMBS. Ingrid has over 10 years of cash flow modeling experience in the structured finance industry.
David Little Managing Director, Head of the US Enterprise Risk Solutions and Stress Testing Sales Teams David is responsible for helping financial institutions worldwide with their enterprise risk management, liquidity, and stress testing solutions. Since joining Moody’s in 2002, David has been Managing Director in the product strategy group, responsible for a global portfolio of research, data, and analytic products across all fixed income asset classes, led end-of-day pricing business at Moody’s Evaluations Inc., and headed the global structured finance sales team at Moody’s Analytics.
Dr. Olga Loiseau-Aslanidi Associate Director, Senior Economist Olga is the Head of Risk Modelling at Consumer Credit Analytics APAC based in Singapore office. She manages a team of economists and risk modelers in Prague, Dubai and Shanghai who design models for forecasting and simulation, with an emphasis on stress-testing for three key areas: macroeconomic models, market risk and credit portfolio risk.
Emil Lopez Director, Risk Measurement Emil Lopez is a Director in the risk measurement group, where he leads risk modeling advisory engagements and manages the team's data quality, risk reporting, and IFRS 9 research. Prior to joining the group, he oversaw operations for Moody's Analytics Credit Research Database, one of the world's largest private firm credit risk data repositories.
Dr. Samuel W. Malone Director of Research Sam leads the quantitative research team within the CreditEdge™ research group. In this role, he develops novel risk and forecasting solutions for financial institutions while providing thought leadership on related trends in global financial markets.
Alain Maure Senior Director, Sales Manager Alain leads the software and risk management solutions specialist team for EMEA. He joined Moody’s Analytics in 2008, when Fermat, his former company, was acquired. He has more than 15 years experience providing financial and risk management expertise to major financial institutions around the world. Alain was previously a quantitative equity analyst in investment banking in London. He has degrees in mathematics from the Ecole Centrale de Lille and a postgraduate diploma in finance.
Pierre Mesnard Director, Solutions Specialist Pierre has more than 10 years of experience helping provide financial institutions with risk management solutions, including asset and liability management, liquidity risk, and capital adequacy.
Nancy Michael Senior Director, Product Strategy Nancy works to conceive and build innovative solutions for credit assessment of small businesses. Drawing on her previous experience co-founding a small business, she has built products and strategies to help financial companies better serve the needs of their customers.
Yuji Mizuno Senior Director, Business Development Officer Yuji leads the product and consulting areas of Moody’s Analytics Japan and has extensive knowledge of regulations and risk management practices among financial institutions. He provides clients with insight on regulatory compliance, ALM, liquidity, and ERM frameworks. He also functions as a main contact for Japanese regulators and financial institutions.
Dr. Steven Morrison Senior Director, Insurance Research Group Dr. Steven Morrison is a senior director in Moody’s Analytics insurance research group. Steven joined Barrie & Hibbert in 2001 and played a leading role in the design and development of B&H's Economic Scenario Generator software. His recent research and advisory work has focused on applications of the Least Squares Monte Carlo (LSMC) proxy modeling technique to multi-period problems, in particular capital projection and projection of dynamic hedge programs in order to assess hedge effectiveness. He pioneered the use of LSMC as a tool for projection of insurance liability values and measurement of economic capital, publishing in industry journals on this topic. He has an MSc in financial mathematics and a PhD in theoretical physics.
Phil Mowbray Senior Director, Product Management Phil leads the product management team focused on the application of financial risk modeling for investment, wealth management and pensions clients. Phil is a regular contributor to the pensions press and often speaks at industry events.
Masha Muzyka, CPA Senior Director, Solutions Specialist Masha is a senior director responsible for providing accounting expertise across solutions, products, and services offered by Moody’s Analytics in the US. She has 15 years of experience in the financial industry, with expertise in audit, technical accounting policy, and fintech solutions software and services implementation. Masha has a Bachelor of Economics degree from the Moscow State University. She is a CPA and a member of AICPA.
Massimiliano Neri Director - EMEA Massimiliano specializes in providing best practices for enterprise risk management solutions and is a Team Leader of the Solvency II sales team in EMEA. He joined Moody’s Analytics in 2010, coming from IBM where he focused on decision automation in the finance sector.
Mikael Nyberg Managing Director, Strategy and Innovation Mikael leads Moody’s Analytics global practices for portfolio management and valuation, balance sheet management, insurance, regulatory and compliance, and stress testing. These practices cover consulting services based on a broad range of experience in enterprise risk software. This team of practice leads assembles risk management services solutions for banks, regulators, and insurance companies.
Dr. Yanping Pan Director, Research Yanping is a director in Moody’s Analytics quantitative research and modeling group, where she develops models and works with global clients on portfolio valuation and balance sheet analytics. She is currently focusing on models for IFRS 9 and CECL impairment accounting. Prior to joining Moody’s Analytics, Yanping worked on the treasury risk management advisory team at KPMG. She has a PhD in applied mathematics from Stanford University.
Dr. Dimitrios Papanastasiou Director Dr. Dimitrios Papanastasiou is a director in Moody’s Analytics EMEA specialist team, focusing on stress testing, capital planning, and IFRS 9 solutions. Dimitrios has extensive experience in IRB, stress testing, and IFRS 9 modeling, having worked at the Prudential Regulation Authority, UBS, Lloyd’s Banking Group, and HBoOS. Dimitrios has a PhD from the University of Edinburgh Business School where he has conducted extensive research on credit risk modeling and the interaction between credit risk and the real economy.
Eve Pastor Director, Regulatory and Accounting Solutions Eve is a Director in the Regulatory and Accounting Solutions team providing insurance accounting subject matter expertise across solutions, products, and services offered by Moody’s Analytics in the Americas. She has over 19 years of experience in financial reporting, accounting policy, regulation, compliance, and audit at institutions including insurance companies and state and local government. She has a BS in accounting and finance and a BM and MM in music from Indiana University. She is a CPA (licensed by NC and DE), a CGMA, and a member of the AICPA.
Nihil Patel Senior Director, Product Management Nihil Patel is a Senior Director within the enterprise risk services division at Moody's Analytics. He serves as the business lead driving our product strategy related to credit portfolio analytics. Nihil has broad experience in research, modeling, service delivery, and customer engagement.
Dr. Craig Peters Senior Director, Research Craig heads the model validation and governance team within Moody’s Analytics quantitative research group. Craig has spent 23 years in quantitative risk control functions at Bank of America, GE, Merrill Lynch, and Goldman Sachs. Most recently, he led the model validation group at Bank of the West. Craig has a PhD in applied mathematics from the University of California, Davis.
Richard Peterson Director, Solutions Specialist Richard is a director within the structured analytics and valuation group at Moody’s Analytics. As a solutions specialist, he helps financial institutions with their current regulatory capital solutions and potential future impacts. Richard has broad experience in structured products and across most asset classes, having worked as both an ABS originator and a structurer on Wall Street. Richard has an MBA from the University of Chicago and a BBA from Emory University.
Victor Pinto Senior Director, Banking Solutions Victor has more than 15 years of experience in the financial industry and risk management and currently leads the software and risk management solutions team for banking in EMEA. He joined Moody's Analytics in 2008 via Fermat and since then has been promoting risk management solutions for financial institutions around the world, having participated in many important sales opportunities in the company.
David Place Managing Director, Americas Sales David joined Moody’s Investors Service in April 2001 as a sales representative covering key buy-side accounts in the Midwest United States. He later worked as both a Business Development Officer and a Global Account sales representative before becoming a Sales Manager in 2006. In 2008, David was named Managing Director and Head of Sales for the Americas.
Dr. Brian Poi Director, Economic Research Brian is a director in the specialized modeling group at Moody’s Analytics, where he develops new products for forecasting and stress testing purposes and leads external model validation projects. He has a PhD and MA in economics from the University of Michigan.
Brian Robinson Senior Director, Product Management Brian joined Moody’s Analytics in 2012 and is responsible for product development and advisory within insurance across capital modeling and ERM. More recently he has been leading Moody’s Analytics insurance business insight offering, which helps in areas such as stress and scenario testing, and business projections.
Peter Sallerson Senior Director Peter focuses on the Structured Finance market at Moody’s Analytics via the further development of analysis, tools, and research with an emphasis on the CLO market. During his long career, he has worked in the corporate finance department at Nomura Securities, was a Managing Director and one of the founders of the CLO effort at Bear Stearns, and ran CLO origination at Mitsubishi UFJ Securities (USA).
David Salz Director, Data Strategist David leads the Moody’s Analytics CMBS desk, providing timely and insightful data analytics to CMBS and CRE professionals. In his long career, he has managed the ABS desk and was previously a Managing Director at Ambac Assurance in the underwriting, surveillance and restructuring of structured credit products. Prior to that, he held several banking roles in the origination of structured finance transactions.
Michael Schwartz Director, Small Business Lending Advisor At Moody’s Analytics, Michael designs and develops small business lending and credit decisioning solutions for financial institutions. Prior to joining Moody’s Analytics, Michael served as customer success director for fintech start-up Fundera, a marketplace created to pair small business owners with banks and alternative lenders. Michael also spent more than six years with PNC Bank, starting with the commercial underwriting group and then transitioning to the business bank segment, focusing on SBA commercial lending. Michael has a BS in finance with an economics minor from the University of Pittsburgh.
Dr. Jamie Stark Director, Regional Practice Leader Jamie is a credit portfolio and valuation and stress testing services Practice Leader in EMEA and has worked with insurers and banks all over the world, assisting them with their risk system implementations, risk modeling, calibration, and a variety of other challenging risk management projects.
Ryan Sweet Director of Real-Time Economics Ryan Sweet is director of real-time economics at Moody's Analytics. He is also editor-in-chief of Economy.com, to which he regularly contributes, and a member of the US macroeconomics team in West Chester, PA. He is among the most accurate high-frequency forecasters of the US economy, according to MarketWatch. He is also an adjunct professor in the Economics and Finance Department at West Chester University of Pennsylvania. He has a master's degree in economics from the University of Delaware and a bachelor's degree in economics from Washington College.
Alan Taylor Director, Product Management Alan’s main role is working on our pensions and investment products and services, to ensure that Moody’s Analytics continues to provide relevant modeling solutions for global markets. He conducts research to learn how our customers use our software, and provides training, user support, and advisory services to clients.
William Tso Director, Head of CLO Desk William heads the CLO Desk at Moody’s Analytics, where he oversees end-to-end market solutions for participants in the CLO space. These solutions include off-the-shelf and customized tools such as the Structured Finance Portal for monitoring and surveillance, Data Feeds for complete datasets of performance metrics and Microservices for custom reporting and analytics.
Dr. Deniz Tudor Director, Consumer Credit Analytics Deniz is a director in the credit analytics group. She develops and stress tests credit models in various consulting projects. She has extensive experience in modeling residential, auto, and credit card loans. Deniz has a PhD from the University of California, San Diego and BA degrees in economics and business administration from Koç University in Turkey.
Dr. Dmytro Vikhrov Assistant Director – Economist Dmytro is responsible for market and credit risk modeling using advanced statistical and applied econometrics techniques. This includes model development, estimation, validation, and forecasting various financial instruments and credit portfolio risk measures under alternative scenarios.
Michael Vogan Automobile Economist Michael Vogan is an automobile economist in the credit analytics department at Moody’s Analytics. Before joining Moody’s Analytics, Michael was a research analyst at the Federal Reserve Bank of Philadelphia. He has a master’s degree in applied economics and econometrics from the University of Delaware and a bachelor’s degree in economics from Bloomsburg University.
Dr. Yashan Wang Senior Director, Research Dr. Yashan leads the research and quantitative modeling team for portfolio valuation, accounting, and balance sheet analytics. The team develops analytic and empirical models for asset valuation, IFRS 9/CECL, PPNR, and ALM.
Andrew Waters Director, Risk Consultant Andrew is working on the development of the Moody’s Analytics IFRS 17 software solution, with a focus on delivering an end-user experience that addresses the wide range of challenges facing insurers. He has been involved in numerous initiatives related to the provision of risk and capital modeling solutions over the past 10 years, including Solvency II standard formula and internal model solutions.
Peter Watts Director, Product Management
Brian Wietecha Director, Advisory Services Brian is the Americas lead for credit assessment and origination implementation services at Moody’s Analytics. Brian and his team are responsible for advising on and implementing credit and origination solutions for clients across the Americas region. Brian also engages with clients to channel their feedback on Moody’s Analytics products and services for ongoing development and enhancements to product functionality.
Elaine Wong Managing Director, Head of Credit Assessment and Origination Elaine is the managing director and global head of credit assessment and origination at Moody’s Analytics. She is an expert in banking risk management including model development, validation and calibration, credit portfolio performance, and implementation of credit risk management systems. Elaine previously worked in various credit risk management functions at major global banks. Before joining Moody's Analytics, she was responsible for day-to-day project management of credit risk modeling, and model implementation related to Basel. Elaine has also worked in various banking functions such as credit approval for individual obligors and groups in various industries, country risk management, and special projects related to limit implementation.
Dr. Hao Wu Assistant Director, Research Hao is an assistant director in Moody’s Analytics quantitative research and modeling group. As a member of the portfolio valuation and balance sheet analytics team, Hao’s latest research focuses on the impact of CECL on banks’ loss allowance and loss rate-based approaches in CECL quantification. Hao has a master's degree in finance engineering from the University of California, Berkeley, and a PhD in physics from Northeastern University.
Dr. Martin A. Wurm Assistant Director, Economist Martin is an economist within Moody’s Analytics. He covers financial market risk, as well as US state and local economies. Before joining Moody’s Analytics, he served as associate professor of economics at Pacific Lutheran University in Tacoma, Washington. Martin has published on financial market development and informal economies and has conducted local impact studies and forecasts. He has a doctorate and a master’s degree from the University of Wisconsin – Milwaukee and completed his undergraduate work at the University of Potsdam and the Ludwig-Maximilians University in Munich, Germany.
Ed Young Senior Director, Capital Planning and Stress Testing Ed is a Senior Director on the stress testing and capital planning team. In this capacity, he focuses on structuring solutions that bring together capabilities across Moody’s Analytics to support robust capital planning and stress testing processes.
Inna Yulman Associate Director, Product Management, Structured Content Inna oversees Structured Products content available on Moodys.com as part of the Moody’s Analytics Content Solutions team, focusing on sector and issuer research, data analytics, and deal-related information across various domiciles. She looks to optimize and bring new product offering to best meet the needs of Structured Products market participants.
Dr. Jing Zhang Managing Director and Global Head of Research and Modeling Jing’s group is responsible for the quantitative modeling behind the EDF and LGD models for both public and private firms, commercial real estate, and portfolio and balance sheet analytics. Jing joined the research team at the former KMV in 1998, eventually becoming a Director in the research group. In that role, besides managing day-to-day research operations, he made major contributions to a number of KMV quantitative models.
Dr. Janet Yinqing Zhao Senior Director, Research Janet joined the research team of Moody's Analytics in 2008. She leads RiskCalc model development and small business modeling efforts. Janet works closely with clients to facilitate better understanding and applications of RiskCalc models. She also pushes forward on research initiatives such as exposure-at-default modeling, accounting quality measurement, and machine learning in credit risk modeling. She has published in academic and professional journals. Janet has a PhD in finance from City University of Hong Kong and a PhD in accounting from Carnegie Mellon University.