Alan Walsh

Background

About Alan Walsh

Currently, I'm a Principal Economist at the Bank of Canada. My areas of interest include financial market efficiency and stability. In this role, I have: • Served as Canada's representative to the Non-Bank Monitoring Experts' Group at the Financial Stability Board • Acted as associate editor of the Financial System Review, the Bank's flagship publication on financial stability • Co-authored a report on Non-Bank Financial Intermediation in Canada For my PhD at Cambridge, I researched economic networks: the links that connect individuals or firms. I researched how these links form, and how different linking structures affect decision-making processes. During the course of my PhD, I: • Published my working paper,'Games on Multi-Layer Networks,’ to Cambridge Working Papers in Economics • Presented my chapter, ‘Cournot Intermediation Chains,’ to the 24th Coalition Theory Network Conference, one of the largest international conferences in my field • Supervised about 15 students each year as the appointed Teaching Fellow for the undergraduate course ‘Economic Theory and Analysis,’ In my previous career, I worked as a proprietary trader for RBC Capital Markets in Toronto. In this role I: • Served as the TSX Registered Trader for more than 50 ETFs; provided market stability and two-sided liquidity • Designed, tested, and deployed new algorithms for faster trading and more intelligent hedging to compete against constantly increasing number of high-frequency trading firms in our market • Developed new front office pricing and P&L tracking platform, reducing data usage by 90%, saving 2 hours of labour per day, and drastically increasing new product extensibility