Photo of Fang Du

Fang Du

Education

  • Ph.D., Economics, University of Massachusetts, Amherst, 1995
  • M.S., Economics, University of Massachusetts, Amherst, 1993
  • B.S., Mechanical Engineering, Tianjin Polytech University, P.R. China
Current Research Topics
  • ALLL and Regulatory Capital
  • Banking Supervision, Securitization
  • Advisor

    Board of Governors of the Federal Reserve System

    2014 - present
  • Executive Vice President

    RBS Americas

    2010 - 2014
  • Senior Project Manager

    Board of Governors of the Federal Reserve System

    2004 - 2010
  • Senior Director

    Bank of America

    1997 - 2004
  • Quant Analyst

    GE Capital

    1996 - 1997
  • Visiting Assistant Professor

    Rutgers University

    1994 - 1996
  • Are Incurred Loss Standards Countercyclical? A Case Study Using U.S. Bank Holding Company Data
    Fang Du, Diana Hancock, and Alexander H. von Hafften
    Journal of Risk and Financial Management (2022)
    https://doi.org/10.3390/jrfm15030111
  • The Procyclicality of Loan Loss Provisions: A Literature Review
    Fang Du, Marcus Pramor, Santiago Roberto Coen, Eugenio Pinheiro, Clement Martin, Emre Per, William Francis, Jennifer Rhee, Natalya Schenck, and Martin Birn
    Working Paper (Basel Committee on Banking Supervision) (2021)
  • Sources of Modelling Variation in CECL Allowances
    Fang Du, Chris Finger, Ben Ranish, and Robert Sarama
    New Impairment Model Under IFRS 9 and CECL (2018)
  • Assessing the Economic Costs and Benefits of TLAC Implementation
    Kostas Tsatsaronis, Christoffer Kok, Claire Labonne, Carmen Kislat, Fabrizio Venditti, Tomoki Tanemura, Makoto Minegishi, Chávez Juan Avelard Cardenas, Robert-Paul Berben, Henrique Basso, Rebeca Anguren, Dorothe Bonjour, Caspar Siegert, Bill Francis, Fang Du, Levent Guntay, Francis Vitek, Mark Carlson, and Benjamin Cohen
    Bank for International Settlements (2015)
  • A Methodology for Allocating Allowance for Loan and Lease Losses (ALLL) Under New Regulatory Environment
    Yimin Yang, Fang Du, and Weixin Zhou
    Journal of Financial Engineering (2014)
    https://doi.org/10.1142/S2345768614500123
  • Basel III Patches Up the Flaws of both Basel I and II
    Fang Du
    Asian Banker (2011)
  • Economic Capital Estimation for Consumer Portfolios
    Fang Du
    RMA Journal (2004)
  • seminar

    June 26 - 29, 2023

    Federal Reserve International Training

    "Credit Risk Assessment School"

  • seminar

    November 29 - December 1, 2022

    Federal Reserve, OCC, and FDIC Training

    "FRTB Standardized Approach and HPE"

  • seminar

    November 4, 2021

    ASBA Seminar

    "Credit Risk Panel Pandemic Update"

  • seminar

    December 8, 2020

    ASBA Seminar

    "Credit Risk Assessment and Management under Covid 19"

  • seminar

    February, 2020

    Federal Reserve International Training

    "Liquidity Risk Management"

  • seminar

    September, 2019

    CBIRC and Federal Reserve Training

    "Liquidity Risk Management"

  • seminar

    September, 2018

    CBRC and Federal Reserve Training

    "Advanced Credit Risk Management"

  • conference

    June 27, 2017

    RiskMinds Americas 2017 Conference

    "Dealing with the challenges of IFRS9/CECL accounting standards and bridge the regulatory gap between two continents"

  • conference

    June 19, 2017

    GFMI 2nd Edition CECL Methodologies, Implementation and Reporting Conference

    "A Few Thoughts on the Coming ECL Accounting Framework"

  • conference

    May 30, 2017

    Financial Republic Conference

    "Regulatory Treatment of Accounting Provisions"

  • conference

    November 4, 2016

    IACPM 2016 Fall Conference

    "Discussion on Current Expected Credit Loss (CECL)"

  • conference

    Sept. 20, 2016

    RiskMinds Americas 2016 Conference

    "The Current Expected Credit Loss Model (CECL)"

  • conference

    Dec. 9, 2015

    RiskMinds 2015 Conference

    "The Total Loss Absorbing Capacity (TLAC)"

  • conference

    Oct. 15, 2015

    2015 American Banker Association Risk Model Forum

    "Model Risk Management: Supervisory Guidance and Implementation Challenges"

  • conference

    June 15, 2015

    RiskMinds USA 2015 Conference

    "Determining The Impact Of Regulation:What Is The Right Amount Of Regulation?"

  • conference

    March 26, 2015

    Society of Actuaries Investment Symposium

    "SIFI & CCAR Impact on Insurance and Pensions"

  • conference

    November 17, 2014

    RiskMinds Asia 2014 Conference

    "Evaluating The Latest Progress in Global Regulatory Reforms"

  • conference

    June, 2013

    RiskMinds USA 2013 Conference

    "Model Risk Measure” and “Model Risk Management Framework"

  • conference

    Dec. 2012

    RiskMinds 2012

    œ"Understanding the Cumulative Effect of Regulation on your Business"

  • conference

    Nov. 2012

    IACPM Annual Conference

    "œStress Testing in a Changing Environment"

  • discussion

    July. 2012

    ABA working group

    "How to Validate Economic Capital models"

  • conference

    June, 2012

    RiskMinds USA 2012

    "Model Risk Management Governance"

  • conference

    April, 2012

    The Asian Banker Summit

    "Capital stress testing under Basel III and the G-SIFI regime: how to ensure institution are satisfying the new capital requirements"

  • conference

    June, 2011

    RiskMinds USA 2011

    "Ensure Pillar II Adds Value"

  • seminar

    July, 2011

    FSI Seminar on Applied Risk Management

    "œPost Crisis Credit Risk Management in a Bank and Stress Testing Implementation in a Bank"

  • seminar

    July, 2011

    The Asian Banker training course

    "The Asian Banker Diploma in Basel III"

  • conference

    April, 2011

    PRIMA Boston Chapter Conference

    "œCommercial Bank Stress Testing"

  • seminar

    July, 2010

    ASBA-FSI Seminar

    "œCredit Risk Stress Testing"

  • conference

    June, 2010

    RiskMinds USA 2010 Conference

    "Evaluating Firm'™s Internal Capital Adequacy Assessment Process Under Pillar II"

  • conference

    May, 2010

    Interagency Risk Quantification Forum

    "EAD Estimation"

  • conference

    July, 2009

    RiskCapital 2009 Conference

    "œImplementation of the Basel II Securitization Framework"

  • discussion

    2009

    BAFIN

    "œSupervisory Stress Testing in the United States"

  • seminar

    2009

    CEMLA-FSI Seminar

    "Enhancing the Capital Framework for Securitization Activities"

  • discussion

    2009

    FSI Seminar on Stress Testing

    "Supervisory Stress Testing in the United States"

  • conference

    2008

    RiskMind 2008 Asia Conference

    "Economic Capital Aggregation and Allocation"

  • seminar

    2008

    BIS Seminar

    "Horizontal Stress Testing Perspective in US Financial Institutions"

  • seminar

    2008

    CEMLA-FSI Seminar

    "œStress Testing and Capital: Lessons from 2009 Stress Testing Exercise in the US"

  • seminar

    2008

    International Accounting and Auditing for Banks, FSI

    "œIntroduction to Complex Financial Instruments"

  • conference

    2007

    RiskCapital 2007 Conference

    "Stress Testing Perspective"

  • discussion

    2007

    ISDA

    "œMarket Risk, Credit risk, EC in Counterparty Credit Risk"

  • seminar

    2007

    ASBA Building a IRB System

    "The Mechanics of the Internal-Rating Based Approaches"

  • seminar

    2006

    The Validation of IRB Systems in Basel II, ASBA

    Quantification and ValidationRecent Development of Regulatory Capital in U.S., and The Mechanics of the Internal Rating Based Approaches

  • seminar

    2006

    Basel II and Its Implementation, BSCEE

    Validation and Cross-Border Issues and œThe Internal Rating Based Approach: The Framework and Implementation

  • conference

    2005

    Risk Quantification Forum

    "Stress Testing Perspective at Macro and Micro Levels"

  • conference

    2005

    Accounting Communication Network Roundtable Conference

    "Credit Risk Models"

  • conference

    2004

    Fed Credit Conferenc

    "Consumer Credit Risk Modeling and Monitoring"

  • discussion

    2004

    OTS

    "Risk Segmentation for Retail Portfolios"

  • conference

    2000

    GARP Conference

    "Economic Capital for Consumer Portfolios"

Conference Organization
  • March 30th - 31st, 2023 | Washington, DC

    Procyclicality Symposium

    Organizer

Professional Affiliation
  • Boston Economic Club
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Last Update: December 1, 2023