Cem is a partner in our Finance and Risk Practice, based in the London office, where he specializes in prudential credit risk topics.
With extensive experience across a diverse range of financial institutions, Cem leads large-scale prudential credit analytics delivery (IRB, IFRS 9) in the UK and Europe. His expertise encompasses the delivery of comprehensive credit risk models and frameworks, helping banks improve compliance with regulatory standards.
Cem's extensive project experience includes end-to-end delivery of retail and wholesale model suites, the development of internal ratings-based (IRB) target operating models, and the preparation of new IRB applications. He has also led efforts in International Financial Reporting Standard 9 (IFRS 9) model suite delivery. Additionally, he has spearheaded model risk management initiatives, helping banks establish robust model risk management frameworks and validation programs.
Adopting efficient and effective ways of working in prudential credit modeling has been a sector-wide challenge, often resulting in oversized and ineffective delivery programs. In our large-scale programs, we have successfully implemented methods that significantly improved client outcomes
Cem also serves as the partner lead for our innovative credit analytics solution, IRB Nexus as well as our online community for risk professionals RiskBowl.
Prior to joining Oliver Wyman, Cem served as a risk manager at Goldman Sachs.
He holds a master’s degree in quantitative finance and risk management from the University Bocconi and a bachelor’s degree in electrical engineering and financial engineering from the University of Pennsylvania.
Outside of work, Cem enjoys spending time with his wife and two daughters, cooking traditional Cypriot dishes, reading non-fiction books, and practicing mixed martial arts.