Ana Garcia Director - Risk Quantification Division Superintendent of Financial Institutions (OSFI) Ana Garcia joined Office of the Superintendent of Financial Institutions (OSFI) in September of 2019 and is a Director in the newly formed Risk Quantification Division. The mandate of her team is to assess the evolution of model risk, including that from AI/ML adoption, in the Canadian Financial Industry as well as leverage advanced analytics techniques to build models for risk assessment and quantification. For the last two years, Ana led the Artificial Intelligence and Machine Learning Working Group at OSFI. The main goal of the group was to explore how institutions are adopting these advanced techniques and understand the challenges and risks that come from their use in order to appropriately provide guidance and supervision in this space. In her previous role in the Model Risk Division, Ana contributed to the assessment of models and model risk management practices at institutions. Prior to joining OSFI, Ana worked for a large Canadian bank in Capital Markets Risk Management holding progressive roles in Counterparty Credit Risk, Market Risk and Model Risk. In her most recent role, she was responsible for Model Performance and Market Data for the models used in Capital Markets Risk Management.
Ana holds a Master in Mathematical Finance from University of Toronto. |