Fordham University            The Jesuit University of New York

Satyajit Karnik

Satyajit Karnik

Satyajit Karnik is currently a senior researcher at the Global Association of Risk Professionals and is involved with the development of the FRM program. He is responsible for maintaining the quality and relevance of the readings and questions through extensive literature surveys both in the academic and practitioner realms of risk management. Prior to joining GARP Satyajit was the head of analytics at Option One Corp. in Irvine, CA.  At Option One he was involved with developing prepayment, default and loss models for mortgage loans, through the use of logistic and survival analysis techniques. These were used in evaluating the mortgage portfolio, the mortgage servicing rights for Option One and also to estimate loss reserves.

While in Irvine he was also an adjunct professor at the Paul Merage School of Business at the University of California, Irvine and at the Graziadio School of Business at Pepperdine University where he taught Fixed Income and Derivatives classes for the MBA program. Prior to joining Option One he worked as a quantitative researcher at Amtrust Bank in Ohio. At Amtrust he was primarily involved with developing mortgage pull-through models, credit models, hedging models for interest rate risks and asset liability management.

Satyajit graduated with a Phd in mathematics and a Masters in applied economics in 2000 from the University of Michigan, Ann Arbor. Subsequently he held a research position with the Courant Institute of Mathematical Sciences at NYU. Prior to coming to the US he received his academic training for his Masters degree in mathematics at the Indian Institute of Technology in Mumbai. He is a member of the American mathematical society, the American finance association and is a certified Financial Risk Manager as designated by GARP. His research interests lie in Risk Management, Quantitative Finance and the interface of Probability and Geometry.

Teaching: Financial Econometrics for Risk Management



Site  | Directories
Submit Search Request