Lecturer; Director/Team Leader, UBS Investment Bank
Erdem Aktug is a Director/Team Leader at UBS Investment Bank, managing the Credit Risk Methodology Development Team in the U.S. At UBS, he develops/manages various PD, LGD, and EAD models for Corporates and Financial Institutions. In his current role he also closely interacts with Underwriters/Credit Officers, Validation, and Senior Management.
Previously, Erdem was a Senior Associate/Lead Quant Bank Examiner at the Federal Reserve Bank of New York (FRBNY). In his role at FRBNY, he participated in various regulatory exercises such as CCAR (FRB Stress Test), Basel, Model Risk (SR 11.7), and Compliance Exams. In general, he reviewed various credit risk models at the largest banks in the US (LISCC Program) and assessed the impact on capital requirements.
Erdem has publications in the area of Sovereign Risk and recently taught at Baruch College M.S. in Risk Management Program. Erdem was also a guest speaker in various conferences/panels such as Risk.Net, PRMIA, and the Columbia University ERM program.
- Ph.D., Financial Economics, Lehigh University
- M.S., Analytical Finance, Lehigh University
- B.S., Bogazici University (Turkey)