Bogie Ozdemir - Sun Life Financial Group
Bogie Ozdemir is a Vice President in Sun Life Financial Group. He is responsible for Economic Capital and is building out its capabilities for Solvency II/ORSA, AMA and Model Validation. Until recently, he was a Vice President in BMO Financial Group responsible for Economic Capital, Stress Testing, and Basel Analytics and jointly responsible for ICAAP. Previously he was a Vice President in Standard & Poor's Risk Solutions group where he was globally responsible for engineering new products and solutions, business development and management.
He co-authored a papers titled "Practical and Theoretical Challenges in Validating Basel Parameters: Key Learnings from the Experience of a Canadian Bank" and "Basel Requirement of Downturn LGD: Modeling and Estimating PD & LGD Correlations" both published in The Journal of Credit Risk. His paper titled "Estimating and Validating Long-Run Probability of Default with respect to Basel II Requirements" was published in the Journal of Risk Model Validation in 2008. His other recent papers include: Discount Rate for Workout Recoveries: An Empirical Study. Working Paper 2007, Brooks Brady, Peter Chang, Peter Miu, Bogie Ozdemir, David Schwartz - Best Paper Award: The Fifth NTU International 2007, Stress-Testing Probability of Default and Migration Rate with respect to Basel II Requirements", Journal of Model Risk Validation, winter 2010, Managing Capital Buffers in the Pillar II Framework - Designing an effective ICAAP/ORSA to manage procyclicality and reconcile short- and long-term views of capital, Peter Miu, Bogie Ozdemir, The Journal of Risk Model Validation, Winter 2010, Can Basel III Work? - Examining the New Capital Stability Rules by The Basel Committee - A Theoretical and Empirical Study of Capital Buffers, Miu, Ozdemir, Giesinger The Journal of Financial Transformation, 2010, Value Optimization in a Regulatory Constrained Regime - A New Look at Risk vs. Return Optimization, Peter Miu, Bogie Ozdemir, Michael Giesinger, December 2010, forthcoming, Journal of Risk Management in Financial Institutions. Bogie also co- authored a book titled "Basel II Implementation: A Guide to Developing and Validating a Compliant, Internal Risk Rating System.