Ozzy Akay is an Associate Director in the Banking, Insurance & Capital Markets practice at Guidehouse and leads the Quantitative Analytics and Risk Management team. His team focuses on model risk management, governance, development and independent validation.
Ozzy has a Ph.D. in Finance from Texas Tech University and has extensive experience in quantitative risk management, regulatory compliance and statistical techniques. He has developed a career as a regulatory economist and has been helping both commercial and public clients with their modeling and analytical needs pursuant to regulatory requirements. In this role, he has been responsible for the development and validation of quantitative models including market, credit, interest rate, business risk, and bank stress testing models for mid-size and large financial institutions
Throughout his career, Ozzy had substantial experience with financial transactions data in the investigation of the change in market participants’ behavior as a response to regulatory developments. In his previous role, he supported surveillance, examination and legal teams across FINRA and provided decision-makers with quantitative analysis. Prior to FINRA, Ozzy worked at the U.S. Department of the Treasury as a Senior Researcher, and at Texas Tech University as an assistant professor. He published in leading peer-reviewed journals, in several fields in finance including shadow banking, systemic risk, market microstructure and volatility.