Royal Bank of Canada
James Hristoskov is Senior Director of Risk Methodologies leads an emerging Centre of Excellence for Economic and Regulatory Capital modeling within the Royal Bank of Canada’s Enterprise Risk department. He currently also lectures on practical implementation of financial and risk models at the Master of Financial Risk Management and Master of Finance programs at the University of Toronto. James started his career at Mizuho Bank Canada and over the past 20 years has taken progressive analytics roles within Merrill Lynch & Co., Goldman Sachs & Co. and Algorithmics Inc. James is a CFA Charterholder, has earned a Master of Finance degree from the University of Toronto, and is a graduate of the Global Law and Honours Bachelor of Commerce programs from Queen’s University at Kingston. He is the recipient of the Master of Finance Director’s Award for outstanding program contribution and academic merit.
This paper applies classical theory to determine if limiting distributions exist for WCvM test statistics under a simple null hypothesis.