Scholarship and Biography
Edward Dumas is an Adjunct Professor at Brandeis University. He works full-time at the Federal Reserve Bank of Boston where he conducts research on the banking system, and innovations in financial technologies.
Previously, Edward served as Managing Director at Bank of America where he was responsible for developing and conducting subject matter expert testing of Basel capital requirements. Prior to that, he was Head of Risk Solutions, North America at DST Global Solutions where he was responsible for risk management solutions and consulting for North America.
Prior to joining DST Global Solutions, Edward was Senior Vice President of Global Treasury Risk Management at State Street, where he also served as Head of Quantitative Research & Analysis, Finance and designed transactions to hedge balance sheet exposures as well as created models to determine credit valuation adjustments for OTC derivatives.
Before joining State Street, Edward was Chief Risk Officer at the Federal Home Loan Bank of Boston where he managed enterprise risk management consisting of interest rate risk management, risk analytics, model validation, collateral management, operational risk management and risk policy. Prior to joining FHLB, he was Head of Capital Markets Analytics at FleetBoston Financial where he oversaw development of models to measure counterparty credit exposures and market risks and he also served as Co-Chair of the Corporation’s Valuation Committee.
Among his other professional activities, Edward was a Financial Economist at the Office of the Comptroller of the Currency where he was a principal contributor to supervisory policies for financial derivatives and trading and risk management activities for national banks.
Edward served on the Steering Committee for the Boston Chapter of the Professional Risk Managers’ International Association from 2007 to 2022, where he was also Regional Director from 2007 to 2013. Ed served on the Board of The Risk Management Association New England Chapter and was a member of The Risk Management Association’s Market Risk Council from 2006 to 2009. He holds a Ph.D. and Masters degrees in Economics and a Bachelors degree in Physics.