The financial services industry has been experiencing a profound transformation, marked by regulatory reforms and structural changes, as well as an unprecedented surge in market complexity. These developments have significantly impacted companies and their workforce requirements. 

By joining this program, you will dive beyond basic concepts into advanced derivatives and risk concepts through real-world examples, self-guided exercises, and live facilitated sessions through The Center for Technology Management and Digital Leadership at Northeastern University by Acadia leadership and other industry experts. You will be empowered with unique and practical experiences by working closely with and contributing to the Open Source Risk Engine (ORE), an industry-leading software toolkit used in production by several large banks, hedge funds, and asset managers, facilitated by ORE’s authors at Acadia, a renowned global technology, quantitative finance and consulting firm and acquired by the London Stock Exchange Group (LSEG). Upon completion of the program, you will receive a Northeastern University badge that reflects the rigor of your experience. 

What you can expect:

• Cohort begin on September 16, 2024. Dates TBD for future cohort starts. 
• A flexible 8-12 hour weekly commitment over 8 months. 
• Six 4-week modules, allowing for in-depth exploration of each topic. 
• Online guided videos and exercises for flexible learning. 
• Weekly live, interactive sessions with Acadia senior leaders, offering invaluable insights and support. 
• Interviews, examples, and case studies from current professionals, providing real-world perspectives. 
• Networking opportunities with peers, experts, and Acadia leadership, expanding your professional circle. 
• Earn 6 module badges for your career-advancing achievement. 
• A highly interactive and intensive non-credit, non-degree program. 

About the Lecturers:

Scott Sobolewski

Co-Head: Quantitative Services, Acadia

Scott is a risk and finance professional specializing in capital planning, stress testing, derivatives pricing, and model development at large US banks. He advises financial institutions on risk management and regulatory compliance matters, helping clients accelerate development timelines and achieve high-value institutional objectives. Scott has extensive experience meeting Dodd Frank deliverables and managing regulatory relationships with the Federal Reserve, OCC, FDIC, and others through prior roles at Citigroup and Santander US. He holds a B.A. in Mathematics and Economics with Honors from Williams College, as well as active Chartered Financial Analyst (CFA) and Certificate in Quantitative Finance (CQF) qualifications. 

Roland Lichters

Co-Head: Quantitative Services, Acadia 

Roland is Co-Head of Acadia’s Quantitative Services division. Prior to Acadia’s acquisition in 2021, he was Co-Founder and CTO of Quaternion Risk Management. Roland has headed Risk and IT departments for over ten years in the banking industry – building teams, processes, pricing/risk methodologies, and systems. Roland is responsible for R&D and focuses on the company’s pricing and risk analytics products, the development of industry-wide risk services, the Open Source Risk project (www.opensourcerisk.org), and propagates the application of Open Source Risk Engine in the industry as a standard model validation tool and core part of risk production systems. Roland holds a Ph.D. in Physics, has been lecturing part-time in Financial Engineering at Trinity College Dublin for five years, and is co-author of various publications, including the book “Modern Derivatives Pricing and Credit Exposure Analysis,” Palgrave Macmillan, 2015. 

Roland Stamm

Partner: Quantitative Services, Acadia

Roland Stamm is a senior IT and Risk Management professional with extensive experience in wholesale banking management positions. As a Head of IT development, Roland was responsible for the enhancement of the capital markets products system. As Head of Market Risk Products, later Risk Methods and Valuation, he focused on market and credit risk methodology as well as the pricing and risk management of complex financial products. As a partner at Quaternion, Acadia’s Quant Services division, he is responsible for delivering projects in the quantitative market and credit risk space. Roland complements this work with research in the Mathematical Finance area. Roland holds a Ph.D. in Mathematics from the University of Muenster and a primary degree in Mathematics from the University of Mainz. He is co-author of the books “Discounting, LIBOR, CVA and Funding” (with Chris Kenyon) and “Modern Derivatives Pricing and Credit Exposure Analysis” (with Roland Lichters and Donal Gallagher).