Dr. Pierre Xu is a director in the Research and Modeling Group of Moody’s Analytics. He heads the Portfolio Risk Analytics team under Portfolio and Balance Sheet Research responsible for the design and implementation of credit portfolio and capital management solutions across a broad range of global financial institutions. Pierre and his team have pioneered approaches to managing portfolio risk in the face of a constraining regulatory environment. More recently, his team’s research has focused on constrained credit portfolio optimization, quantification of risk appetite in risk-based limits, and portfolio design under CECL and IFRS 9. He holds a PhD in Economics from Louisiana State University, an MFE from University of California at Berkeley, and a BA in Finance from Fudan University.