Featured Product

    David Hamilton

    Financial economist; recognized expert on credit risk and default research, credit ratings, modeling, analytics and stress-testing; specializes in Asia-Pacific economic, regulatory, and credit risk trends/analysis

    David Hamilton is in charge of Credit Risk Analytics for the Asia Pacific region based in Singapore. His work in credit risk has encompassed corporate, sovereign, municipal, and structured finance. Prior to assuming his role in Singapore, David led a team at Moody’s focusing on applied research and model development using market price-derived credit risk signals. Before joining Moody’s in 1997, he was in the Federal Reserve Bank of Philadelphia’s Regional Economics group. David has authored over 40 published articles and book chapters, including Moody’s global corporate default studies for seven years. He has lectured on credit risk topics at Columbia Business School, the Stern School of business at New York University, the City College of New York, The International Center for Financial Asset Management and Engineering (FAME) in Lausanne, Switzerland, and was an instructor at the New York Institute of Finance.

    City University of New York: PhD, Financial Economics
    Texas A&M University: BA, Economics and Classical Studies
    Pennsylvania State University: MA, Economics
    Editorial Board: Journal of Credit Risk
    Representative Projects

    Led Moody’s Corporate Default Research team in the Credit Policy Group.

    Co-developed Moody’s first default rate forecasting model in 1998.

    Worked on a project to implement a credit risk early warning system for one of the largest regional banks in Southeast Asia.

    Helped develop and implement the enterprise-wide risk framework for a large multilateral development bank based in Beijing.

    Published Work

    No Surprises: Gaining Strategic Insight Through Stress Test Simulation

    Since the global financial crisis, bank stress testing has become an essential part of regulators' toolkits for monitoring and maintaining financial stability. Anticipating the results of a formal stress test through simulation can enhance a bank's internal risk management as well as provide strategic business insight.

    December 2016

    Preparing for Defaults in China's Corporate Credit Market

    In this webinar Moody's Analytics discuss the Marco-economic and credit market conditions likely to affect the future risk of default for Chinese companies; way to measure and manage the default risk of Chinese firms, and strategies for early detection of default risk.

    August 2016

    A Simulated Stress Test of the Corporate Loan Portfolios of Australia's Largest Banks

    This whitepaper discusses the findings of our simulation exercise to the corporate loan portfolios of Australia's five largest banks.

    March 2016

    Simulating a Stress Test of the Corporate Loan Portfolios of Australia's Largest Banks

    In this webinar, David Hamilton presents the results of a simulated stress test of the corporate loan portfolios of Australia's five largest banks (by asset size) conducted by Moody's Analytics.

    March 2016

    Measuring Systemic Risk in the SE Asia Financial System

    In this webinar, Moody's Analytics combines the techniques of network analysis with the richness of Moody's CreditEdge™ platform to compute systemic risk measures spanning the last 20 years for five major southeast Asian economies.

    June 2015

    Measuring Systemic Risk in the Southeast Asian Financial System

    This article looks back at the Asian financial crisis of 1997-1998 and applies new methods of measuring systemic risk and pinpointing weaknesses, which can be used by today's financial institutions and regulators.

    May 2015