Dr. David Saunders

Biography

David Saunders is a Professor and Associate Dean at the University of Waterloo in the Department of Statistics and Actuarial Science. His research interests encompass decision making under uncertainty, particularly in finance, where he applies stochastic optimization and probability theories. His work addresses vital issues including the management of risks and the development of tools that aid market participants in analyzing and managing risks effectively. Professor Saunders’ previous research has tackled optimal portfolio problems, pricing of derivative securities, as well as asset-liability management models for complex insurance products with embedded options and guarantee provisions. He has a rich background in credit risk management, focusing on optimal stopping problems and pricing American options using Levy processes. Throughout his career, he has contributed to numerous collaborative projects with leading financial institutions, overseeing initiatives concerning financial risk management and optimization. David is also recognized for his role as an educator, having supervised many graduate students and guiding them in their research endeavors in applied finance. Additionally, he has served as a consultant to various banking institutions, bringing his expertise in risk management to the financial sector.

Research Interests

Experience