Dr. WONG Chak Sham Michael (王澤森)

Visiting address
LAU-9-243
Phone: +852 34427248

Author IDs

Biography

Dr. Michael C S Wong is an Associate Professor of Finance at City University of Hong Kong and an expert in Asia on bank risk management under the Basel II/III framework. He architected the first Basel-standard internal ratings-based (IRB) system in Hong Kong and advised many Asian banks on building IRB models. After the collapse of Lehman Brothers in 2008, he re-engineered wealth management due diligence models for some banks in Hong Kong, including investor profiling models and investment product risk rating models. These models are currently implemented by more than 20 financial institutions. Dr. Wong reviewed risk control and stress testing models for banking institutions in Asia, submitted independent risk assessment reports to company boards and regulators, and provided expert witness on legal disputes involving complex financial transactions. He served as a founding member of Global Association of Risk Professionals’ FRM Committee, an examiner of professional examinations organized respectively by HKSI and HKIB, a member of the Advisory Board of China Bond Rating in Beijing,  a non-executive director of Bank of Communications Trustee, the founder of CT Risk Solutions, the Chairman of CTRISKS Rating, and a member of Market Misconduct Tribunal. He graduated from the Chinese University of Hong Kong, the University of Essex and the University of Cambridge, and has published more than 40 academic journal articles, 10 book chapters and 5 professional books. His articles have appeared in leading journals, including MIS Quarterly, the Journal of the Operational Research Society, the Journal of Futures Markets, the Journal of Forecasting, Omega, and Emerging Markets Finance and Trade.

Qualifications/Experiences

Certificate - Executive Coacing (University of Cambridge)

Certificate - Fintech (Massachusetts Institute of Technology)

Certificate - Venture Capital (University of California, Berkeley) 

PhD - Finance (The Chinese University of Hong Kong) 

MA - Social Science Data Analysis (University of Essex) 

MPhil - Finance (University of Cambridge) 

Prizes/Honours

  • Awarded the 8th among 52 teams (served as the team adviser of 6 postgraduate students) - Rotman International Trading Competition (2014) at University of Toronto
  • Certificate of Achievement (with Floyd Newsum) - FinCapDev Competition (2013) in San Francisco
  • Teaching Excellence Award - City University of Hong Kong
  • Young Scholar Dissertation Award - Chinese University of Hong Kong
  • Fellowship of Cambridge Commonwealth Trust - University of Cambridge
  • ECPR Scholarship for Essex Summer School in Social Science Data Analysis -  University of Essex