Volkan Kubali, Ph.D

Volkan Kubali, Ph.D., is a Managing Director in FTI Consulting’s Securities, Commodities & Derivatives Group. Dr. Kubali has more than 25 years of experience at leading buy-side and sell-side institutions in investment management, systematic trading and strategy, quantitative analysis and risk management. He has extensive expertise in applying mathematical modeling, data science, machine learning and artificial intelligence in finance.

At FTI Consulting, Dr. Kubali's cases have involved producing expert advice for institutional clients such as banks, broker-dealers, hedge funds and private equity firms. Notable projects include the analysis of algorithmic trading strategies, devising optimal trading and hedging strategies, stress tests of collateralized loan obligations (“CLOs”) and expert reports for litigation involving credit default swaps. He has developed bespoke quantitative and data science models for investment evaluation, asset pricing, cost minimization, inflation hedging, long-term forecasting and risk analysis.

Prior to FTI Consulting, Dr. Kubali worked at leading hedge fund firms such as Squarepoint Capital and Millennium Partners, and banks and broker-dealers such as Natixis and Prudential Securities in various roles such as trading, portfolio management, quantitative research and risk management. He has produced data-driven investment strategies, implemented trading and hedging algorithms, developed and applied research for investments based on algorithmic analysis and developed computer programs for trading, risk and valuation models. As an investment manager, he traded and risk-managed credit portfolios with products such as bonds, credit derivatives, structured products and securitized assets. As a quantitative analyst, he researched and developed systematic models for trading in credit markets. Dr. Kubali brings extensive hands-on experience in risk management, having overseen risk operations for fixed-income trading desks, producing comprehensive risk analyses, liaising with regulators, navigating credit crises and advising on bank acquisitions and new investments.

Dr. Kubali earned a Ph.D. in Applied Artificial Intelligence, in addition to a Nuclear Engineer and an M.S. in Nuclear Engineering degrees from Massachusetts Institute of Technology (“MIT”), where he attended on a fellowship. He holds a B.S. in Engineering from Hacettepe University in Turkey, graduating summa cum laude, and received several awards for his academic achievements.