Michael Wang, Phd Email & Phone Number

Expert in creating end-to-end solutions in financial risk management, leveraging nearly 30 years hands-on experiences and well-structured knowledge base that encapsulate business, analytics, and technology in crafting robust, extensible, and scalable enterprise level solutions.Retired from a former fulltime position leading a successful and high-performance team and assumed a new role as a consultant to assist financial institutions to design and develop enterprise risk management systems.Current Projects:- Apply mathematical optimization to significantly improve hedge accounting effectiveness.- Create a system to implement the Global Minimum Tax reporting.

Toronto, Ontario, Ca

Subject matter expert and leader of a high-performance team of providing system solutions to support the business functions in capital market risk management as well as asset & liability management.Serving as the solution architect and project leader, successfully delivered the following projects and bridged the Knowledge and Skills Gap (KSG):• Oversaw the entire development cycle of an industry leading real time dynamic hedging system to help manage the highly volatile Variable Annuity Hedging program. • Architected and implemented an efficient and highly scalable and extensible risk management system serving ALM and other risk-based reporting needs such as LICAT (Life Insurance Capital Adequacy Test) and Hedge Accounting.• Designed a Risk Measure Dataset data model for defining risk measures and storing the results of risk reports and all the computational contexts. The data model formed the foundation for the above systems.• Created a C++ library for valuing all assets and derivatives under management that is now widely used by all risk related analytical teams as a desktop tool in addition to the valuation engine for the two systems mentioned above. While customized for Manulife system environment, it is generic enough to be applied to any market risk analysis setting.• Built a Solutions & Integration team from scratch that consists of top tier problem solvers in the risk domain, and served as, on top of their manager, their coach in problem solving and mentor for career development.

Toronto, Ontario, Ca

Subject matter (Risk Management and Asset & Liability Management Systems) expert and system & business architect.Developed an end to end, cradle to grave system process that supports risk management and hedging for the bank's mortgage business from mortgage commitments to registered mortgages to mortgage-backed securities trading. It helps manage the derivative risks embedded in commitments, mortgage prepayment, and securitization.

Toronto, On, Ca

Subject matter (the Infinity Trading and Risk Management System) expert and the central point of contact between the Solutions & Applications Group and its user groups such as Risk Management and the Trading Floor.

Ph.D., Operations Research

Msc., Management Engineering

Bsc., Electrical Engineering