BIO

DR. JEFFREY R. BOHN

 

Dr. Bohn is the Chief Research & Innovation Officer and Head of Research & Engagement at the Swiss Re Institute. Most recently, he served as Chief Science Officer and Head of GX Labs at State Street Global Exchange in San Francisco. Before moving back to California, he established the Portfolio Analytics and Valuation Department within State Street Global Markets Japan in Tokyo. (He is fluent in Japanese.) He previously ran the Risk and Regulatory Financial Services consulting practice at PWC Japan.

Past appointments for Dr. Bohn include Head, Portfolio Analytics and Economic Capital at Standard Chartered Bank in Singapore and General Manager, Financial Strategies group at Shinsei Bank in Tokyo where he supervised implementation of best-practice risk and capital analytics. Before moving to Asia, he led Moody’s KMV’s (MKMV’s) Global Research group and MKMV’s Credit Strategies group.

 

Dr. Bohn often conducts seminars on topics ranging from credit instrument valuation & portfolio management to machine learning. He has published widely in the area of credit risk. He co-authored with Roger Stein Active Credit Portfolio Management in Practice (Wiley, 2009). His recent research focuses on reinforcement learning, causal inference, factor modeling, and large-scale risk simulations. Dr. Bohn is an affiliated researcher at U.C. Berkeley’s Center for Risk Management Research and serves as a board member for the Consortium for Data Analytics in Risk (CDAR) spanning U.C. Berkeley, Stanford and several industry partners. He is also a member of EPFL’s Center for Digital Trust Advisory Council and a member of NYU Abu Dhabi’s Engineering Industry Advisory Council. On occasion, he teaches financial engineering at U.C. Berkeley, National University of Singapore’s Risk Management Institute, and Tokyo University.

 

LONG BIO

Dr. Bohn is the Chief Research & Innovation Officer and Head of Research & Engagement at the Swiss Re Institute. He is also a Managing Director for Swiss Re, a large reinsurer headquartered in Zürich, Switzerland. Based in Switzerland, Dr. Bohn manages new research activities supporting Swiss Re's strategy, clients, business development, and technology. Prior to his Swiss Re appointment, he served as Chief Science Officer and Head of GX Labs at State Street Global Exchange in San Francisco. Before moving back to California, he established the Portfolio Analytics and Valuation Department within State Street Global Markets Japan in Tokyo. (He is fluent in Japanese.) He previously ran the Risk and Regulatory Financial Services consulting practice at PWC Japan.

 

Past appointments for Dr. Bohn include Head, Portfolio Analytics & Economic Capital at Standard Chartered Bank in Singapore and General Manager, Financial Strategies group at Shinsei Bank in Tokyo where he supervised implementation of best-practice risk and capital analytics. Before moving to Asia, he led Moody’s KMV’s (MKMV’s) Global Research group and MKMV’s Credit Strategies group.

 

Dr. Bohn often conducts seminars on topics ranging from credit instrument valuation to portfolio management. More recently, he presents on technology trends (e.g., 5G, IoT, machine intelligence, and distributed ledger technology) and their impact on cities, supply chains, financial services, and insurance. He spearheads a new initiative, called Quantum Cities exploring the opportunities & threats to urban areas given the rapidly developing tech-enabled connectivity. In particular, he and his team are exploring how the insurance digital ecosystem is developing as the insurance value chain is disrupted by these technology trends. Dr. Bohn's work builds on extensive experience in risk modeling & management; he has published widely in the area of credit risk. He co-authored with Roger Stein, Active Credit Portfolio Management in Practice (Wiley, 2009).

 

Dr. Bohn's current research focuses on applying machine intelligence (particularly reinforcement learning) to time-series prediction & risk modeling, quantum-inspired coding, end-to-end enterprise machine intelligence, using causal inference to improve time series analyses, and managing & valuing R&D efforts in corporate environments. In addition, he continues his research in the areas of factor modeling and large-scale risk simulations. Dr. Bohn is an affiliated researcher at U.C. Berkeley’s Center for Risk Management Research and serves as a board member for the Consortium for Data Analytics in Risk (CDAR) spanning U.C. Berkeley, Stanford and several industry partners. He is also a member of the advisory group for the Centre for Digital Trust established at EPFL in Lausanne and a member of NYU Abu Dhabi’s Engineering Industry Advisory Council in Abu Dhabi. On occasion, he teaches financial engineering at U.C. Berkeley, National University of Singapore’s Risk Management Institute, and Tokyo University.

 

CV

 

CV

CHIEF RESEARCH & INNOVATION OFFICER & MANAGING DIRECTOR SWISS RE 

2019 TO PRESENT

  • Leads multiple research teams focused on themes related to insurance, economics, natural assets, machine intelligence, and data analytics.

  • Develops, in conjunction with the Chairman of the Swiss Re Institute (SRI) and Business Units, SRI's research & development agenda and allocation.

  • Responsible for raising SRI's external brand.

  • Manages relationships with academic & technology communities and Swiss Re’s linked Business Units.

  • Identifies new ways to commercialize data assets and research output.

  • Partners with the technology team to drive a new Digital Markets Strategy and an accompanying Risk Intelligence Factory™.

  • Drives Swiss Re’s thought leadership and regularly presents at insurance, risk, and analytics conferences.

HEAD, SWISS RE INSTITUTE & MANAGING DIRECTOR SWISS RE

2017 TO 2019

  • Created a new research institute for Swiss Re called the Swiss Re Institute (SRI), combining several internal research groups and linking to other business units publishing research relevant to clients.

  • Oversaw multiple teams driving SRI research and chaired the SRI MD Council.

SENIOR MANAGING DIRECTOR & CHIEF SCIENCE OFFICER STATE STREET GLOBAL EXCHANGE

2014 TO 2017

  • Leveraged expertise to drive the development of new solutions in portfolio analytics and data science.

  • Developed external brand and identified new product strategies.

  • Worked and advised directly with clients to develop and deliver new products and services.

  • Built relationships in the academic community, internal State Street data teams, and SSGX product teams.

  • Identified new ways to commercialize data assets, improve back-end data processing performance, and provide insights at the intersection of portfolio risk management and data science.

  • Led GX Labs focusing on research and development in areas spanning data science and risk analytics.

  • Responsible for developing commercialization ideas using data and client insight.

  • Developed partnerships with technology companies to leverage machine-learning/data tools & algorithms to realize faster data (FastDataâ„¢) analyses and bigger computation (BigComputationâ„¢) capabilities in the context of multi-step, multi-asset-class, large-simulation financial portfolio risk assessment.

  • Developed models to determine impact of environment, social, and governance (ESG) factors on financial portfolio risk & performance, and integrated new asset classes into a portfolio-risk framework.

SVP, SENIOR MANAGING DIRECTOR STATE STREET GLOBAL MARKETS - JAPAN

2013 TO 2015

  • Served as Head of Portfolio Analytics and Valuation for State Street Global Market-Japan and SSGX.

  • Contributed to business strategy development with a focus on Asia Pacific.

  • Led team to manage and develop analytics for a range of client applications focused on risk management, performance attribution, portfolio optimization, trading algorithms, and instrument valuation.

  • Advised clients on implementing solutions to meet requirements ranging from regulatory compliance to portfolio-risk-adjusted return improvement.

  • Conducted seminars on analytics development, stress testing, portfolio & capital management, risk-appetite assessment, model validation, and risk regulation.

MANAGING DIRECTOR PWC JAPAN KK

2012 TO 2013

  • Managed team responsible for advising multi-national financial institutions in enterprise risk & performance management, capital & portfolio management, stress testing, and regulatory compliance.

  • Played key role in the design and implementation of models and systems that address market, credit, ALM, IRRBB, liquidity, and operational risks.

  • Advised clients on regulatory compliance across multiple jurisdictions and reconciling risk systems across different regions, business lines, and products.

  • Conducted seminars on enterprise risk & performance management, risk-appetite assessment, risk models, risk regulations, stress testing, portfolio management, and capital management.

CHIEF EXECUTIVE OFFICER, HEAD OF RESEARCH SOLITON FINANCIAL ANALYTICS

2010 TO 2012

  • Co-founded a fintech group (acquired by a bank) that provided analytics and systems to financial institutions for portfolio, risk and performance management, and directly managed Japanese operations.

  • Worked on market risk, credit risk, ALM and liquidity risk management and modeling.

  • Conducted seminars on risk analysis and portfolio management.

  • Collaborated with sales teams to foster relationships with strategic clients.

  • Led research team developing analytics for risk & portfolio analysis, capital allocation, and stress testing.

  • Led development of BPS Portfolio Surveyor, a sophisticated stress testing and capital management system.

HEAD OF PORTFOLIO ANALYTICS AND ECONOMIC CAPITAL STANDARD CHARTERED BANK

2009 TO 2010

  • Oversaw portfolio analytics and economic capital model and systems at the group level.

  • Led team responsible for portfolio analytics and regulatory & economic capital calculations.

  • Advised senior management, business lines, capital allocation, and the portfolio’s risk profile.

  • Worked on a macro-risk driver framework to link macro-economic indicators and portfolio stress losses.

  • Assisted in writing ICAAP documents that covered the range of risks faced by the bank.

  • Conducted internal and external seminars on capital allocation and bank portfolio management.

  • As Head of Group Risk Appetite, led team responsible for advising on the appropriate level of risk appetite and capital allocation across business & product lines, and customer segments.

  • Liaised with treasury and finance to produce comprehensive risk-appetite assessments that addressed market, credit, ALM, IRRBB, liquidity, and operational risks.

GENERAL MANAGER, FINANCIAL STRATEGY DIVISION SHINSEI BANK

2006 TO 2009

  • Developed economic capital models and advised on alternative investments and corporate acquisitions; assisted in acquisition analyses and ongoing enhancement of funding strategies.

  • Served on the balance-sheet advisory group, advising CEO and CFO on performance management.

  • Oversaw implementation of best-practice risk and capital analytics to support capital management, active credit portfolio management, risk-capital attribution, and performance management.

  • Managed research on bank valuation, credit instrument valuation, active portfolio management, and alternative investment risk analytics.

  • Conducted internal and external seminars to improve understanding of modern risk management models.

  • Rolled out credit-transfer pricing system with the ACPM team.

MANAGING DIRECTOR, HEAD OF RESEARCH AND CREDIT STRATEGIES MOODY'S KMV

1996 TO 2006

  • Oversaw data content, research activities such as default probability estimation, credit instrument valuation, portfolio modeling, and the strategy group focused on providing thought leadership.

  • Served on MKMV’s operating committee, product board, and Moody’s academic advisory committee.

  • As Group Head of Research & Product Management, oversaw the development of MKMV’s risk products.

  • Launched a new group focused on providing advisory services to complement MKMV’s risk products.

  • As Director, Portfolio Services Group, supported large financial institutions using portfolio technology.

  • Directed applied research and set foundations for future product development.

  • Led entrance into the Asian market with a focus on Japan.

  • Set up local office to find and support clients (asset managers, banks, and insurance companies.)

  • Developed new risk models in the following areas: credit risk assessment, correlation among financial securities, simulations for portfolio risk modeling, and structured products risk assessment.

ACADEMIC POSITIONS

MEMBER EPFL CENTER FOR DIGITAL TRUST ADVISORY COUNCIL LAUSANNE, SWITZERLAND

JULY, 2018 TO PRESENT

Advise on digital trust topics with a focus on privacy preserving analytics, quantum-resistant cryptography, distributed ledger protocols.

MEMBER NYUAD ENGINEERING INDUSTRY ADVISORY COUNCIL ABU DHABI, UAE

NOVEMBER, 2018 TO PRESENT

ADJUNCT FACULTY AT U.C. BERKELEY

BERKELEY, CA

AUGUST, 2003 TO PRESENT

Teach credit risk modeling in the Masters of Financial Engineering program.

ADJUNCT FACULTY AT TOKYO UNIVERSITY

TOKYO, JAPAN

OCTOBER, 2007 TO 2013

Teach (in Japanese) credit risk modeling in the Masters program affiliated with the Center for Advanced Research in Finance.

REGULAR PRESENTER AT RISK AND FINANCE CONFERENCES

SEPTEMBER, 1995 TO PRESENT

Recent conferences include RiskMinds Asia in Singapore, IACPM Conference in New York, and Japan Risk in Tokyo, GARP Asia in Hong Kong, Moody’s-NYU Credit Conference in New York, Moody’s-London Business School Credit Conference in London, World Business Strategies Conference in Prague, IMF, FMA, AFA, and JOIM.

ADJUNCT FACULTY AT GOLDEN GATE UNIVERSITY SAN FRANCISCO, CA

SEPTEMBER, 1995 TO DECEMBER, 1999

Taught classes on investments and financial engineering. Have taught both undergraduate and graduate sections of these courses.

GUEST LECTURER AT SENSHU UNIVERSITY KAWASAKI, JAPAN

MAY, 1991

Lectured (in Japanese) at a seminar on international business.

EDUCATION

PH.D. IN BUSINESS ADMINISTRATION WITH AN EMPHASIS IN FINANCE U.C. BERKELEY

1999

M.S. IN FINANCE U.C. BERKELEY

1997

LICENSES

JAPANESE SECURITY DEALERS ASSOCIATION RR1

JAPANESE SECURITY DEALERS ASSOCIATION ICM