Built my first spreadsheet model at 14. Hooked up with startups at 27. Now write, mentor, teach and experiment with fastest ways of losing obscene amounts of cash without gambling, banking, trading, alcohol or wheels. Bragging rights: 5 books, 4 continents, 1 cross border exit.
Jawwad Farid is a Fellow, Society of Actuaries (Chicago), a MBA from Columbia Business School (New York City) and a computer science graduate. During the last 25 years, he has worked as a consultant in North America, Pakistan, Middle East, Africa and the United Kingdom with a number of blue chip clients including Aegon, Goldman Sachs, ING, Merrill Lynch, Met Life, Nationwide, Sumitomo Mitsui Bank, Pacific Life, Fidelity Investments, Transamerica, and GE Financial Assurance.
Jawwad’s core areas of expertise include Asset and Risk Management, Product Development & the Financial Services Back Office. He blends a rare combination of risk management, information systems, business and product development skill set side by side with his actuarial expertise.
He is the author of five books. On Entrepreneurship (Reboot – 2006 – 2009), Commodity Markets (Understanding Commodities Risk – 2009) and Risk Management (Risk Application and Frameworks – 2010-2012).
His most recent titles (Models at Work, Dec 2013 and Option Greeks Primer, Apr 2015) were published by Palgrave Macmillan as part of a two text book deal. (If you have purchased either Models at Work or Option Greeks Primer then click here to see how to get access to the EXECL sheets.)
His next title, Portfolio Optimization Models in Excel, book number six, is a work in progress and is expected to be released summer of 2017.
As an investment advisor Jawwad has advised a 3 billion US$ dollar life insurance fund on allocation and bid patterns for 10, 20 and 30 year bonds, a 30 million dollar Middle East fund on ALM mismatch and fixed income strategy, a 10 million dollar pension fund on asset allocation and equity market timing in Pakistan. He has also worked with the securities regulator on assessing the state of the corporate bond market and issued valuation opinions on cross currency swaps, interest rate swaps, caps, floors, participating forwards and contingent liabilities for Exchange Guarantee Funds in the region.
Jawwad has worked directly as a founder, founding team member, mentor and advisor at multiple startups including two green field life insurance companies, financial services consulting operations, risk and investment advisory businesses as well as micro insurance, micro pensions and micro finance startups.
Within the startup community Jawwad’s interest lie at the intersection of online education, financial services, empowering the special needs community, impact and trans-formative investments and teaching computer science to middle school children. He was part of the core team that launched the PASHA Startup Insider series, PASHA Launch Pad, PASHA Social Innovation Fund as well as the PASHA Nestio incubation initiative in Pakistan. In addition to PASHA Jawwad has also worked as a mentor for the MIT Enterprise Forum and Plan 9 (PITB) and as a mentor and a head judge for the Asia Pacific ICT Awards since 2007. Across the last decade he has mentored over a hundred founding teams focusing on idea validation, selling, marketing, financial planning, valuations, pitching, product development and scaling up.
Jawwad is an adjunct Faculty member at the SP Jain Campus in Dubai and Singapore where he teaches courses on Entrepreneurship, Risk Management, Derivative Products and Project Finance. He runs the 5 day Founder’s boot camp at Nestio for all incubated teams as well as teach entrepreneurship and Computational finance courses at local universities in addition to volunteering as a late evening track coach.
As part of the Alchemy Training practice he has delivered over 150 courses in the last 15 years to treasury, risk, corporate and investment banking customers in Dubai, Abu Dhabi, Riyadh, Kula Lumpur, Singapore, Bangkok, Karachi, Lahore and Islamabad. He has been a featured speaker on campus at Columbia Business School, University of Virginia’s Darden Business School, LUMS, IBA and CBM. He has also served as a Head Judge at the Asia Pacific ICT Awards in Macau (2006), Singapore (2007), Jakarta (2008), Kula Lumpur (2010), Pattaya (2011), Brunei (2012), Hong Kong (2014), Colombo (2015) and Taipei (2016), Taiwan.
He currently serves as member of the oversight board for the PASHA Social Innovation Fund, the PASHA Google Tech Incubator TheNestIO, IBA’s Academic advisory board and the Edu Enrich Education foundation in Karachi.
Learn more about Jawwad:
Other than building models, writing books and teaching computational finance Jawwad has a habit of going off on a tangent every now and then. He feels that if you would like to know more about him, these off topic pieces offer the best introduction. Take a look.
- The Zen of building risk models.
- Actuaries are boring, my life as an actuary.
- Math or Computer Science.
- On non traditional actuarial careers
- Rationality is over rated.
- Slower than the Flash. Slightly bigger than a duck.
- 50 seconds before 50.
- 7 years.
- Turning boys into men.
- Confessions at midnight.
- Six years.
- Enterprise Risk – a practical perspective.
- Ralph Biggadike.
- My road to a publishing contract.
- Advance Risk Management – S P Jain Singapore Students Resource Page.