Shafat Arbaz Alam
About Shafat Arbaz Alam
Shafat Arbaz Alam is a Quantitative Policy & Analysis Associate at the Federal Reserve Bank of New York, where he has worked since 2019. He holds a Master’s Degree in Quantitative Methods from Columbia University and a Bachelor’s Degree in Mathematics and Economics from Rutgers University.
Work at Federal Reserve Bank of New York
Shafat Arbaz Alam has been employed at the Federal Reserve Bank of New York since 2019, serving as a Quantitative Policy & Analysis Associate. In this role, he is responsible for briefing policy-makers on balance sheet developments related to the Federal Reserve’s COVID-19 pandemic policy response. He also leads domestic portfolio analysis on a cross-portfolio analysis team, contributing to the bank's understanding of financial stability and policy effectiveness.
Previous Experience at Federal Reserve
Prior to his current position, Shafat Arbaz Alam worked at the Federal Reserve Bank of New York as a Financial Risk Associate from 2015 to 2019. In this capacity, he focused on financial risk assessment and management, contributing to the bank's efforts in maintaining financial stability in the Greater New York City Area.
Education and Expertise
Shafat Arbaz Alam earned his Master’s Degree in Quantitative Methods from Columbia University in the City of New York, where he studied from 2015 to 2018. He also holds a Bachelor’s Degree in Mathematics & Economics from Rutgers University, which he completed from 2009 to 2013. His educational background has equipped him with deep expertise in structured finance, portfolio construction, and portfolio risk and performance attribution.
Role at MDRC
Before joining the Federal Reserve, Shafat Arbaz Alam worked as a Technical Research Assistant at MDRC from 2013 to 2015. In this role, he contributed to research initiatives, applying quantitative analysis to support the organization's mission in improving public policy and programs.