Biography
Mikhail Oet is an Associate Teaching Professor and Lead Faculty in the MS in Commerce and Economic Development program at Northeastern University. He has held teaching positions in economics, finance, and supervisory analytics at the Federal Reserve System, Cleveland State University, and Case Western Reserve University, where he obtained a Ph.D. in Designing Sustainable Systems in 2016. Mikhail also holds degrees from Yale University (Architecture), Harvard University (Architecture), Cooper Union (Engineering), and New York University (Finance).
Mikhail began his professional career in public service with the Federal Reserve System, the central bank of the United States, as an Examiner-in-Charge, where his efforts focused on strengthening the resilience of the most risky and complex financial service organizations. In 2006, before the onset of the Global Financial Crisis, Mikhail initiated the development of financial stress measurement and an early warning system to identify the onset of instability in the United States financial system. As an Economist at the Federal Reserve Bank of Cleveland, Mikhail has led research, development, and extension of supervisory technologies and financial stability analytics. In this area, Mikhail has authored 18 refereed papers receiving over 350 citations and published in Review of Finance, Journal of Financial Stability, Journal of Banking & Finance, and European Journal of Finance, among others.
In addition to his teaching and research, Mikhail works with firms engaged in technology innovation in the application of network analysis to global economic sustainability and infrastructure resilience. In 2016, Mikhail started and led the Economic Forecasting Group at the Bank of New York Mellon, the world’s largest asset servicing company and a globally important systemic financial institution. There, his work focused on the development of models for early warning for institutional risk management, ongoing monitoring, macrofinancial forecasting, and stress scenario expansion. Since 2019, Mikhail serves as a Director of Analytics in FNA, a fast-growing, deep technology analytics innovator in Regulatory Technology (RegTech) and Supervisory Technology (SupTech). At FNA, Mikhail’s consulting contributions focus on helping organizations map and monitor complex logistical networks to optimize their resilience. FNA’s clients include the world’s largest central banks, regulators, financial market infrastructures (FMIs), and leading financial institutions.