Profile Summary

Mark T. Williams is a risk-management practitioner, academic and financial author with three decades of experience. His expertise includes risk management in banks, hedge funds, energy trading and utility companies. Specific focus areas include Fed monetary policy; corporate governance; business ethics; banking trading fraud and compensation practices; fraud detection and prevention, pension investments and return assessment; energy commodities risk measurement; precious metals trading and financial technology (Fintech), including virtual currencies and blockchain.  

Since 2002, he has been on the Finance Faculty at Boston University, teaching at the graduate and undergraduate levels, and currently holds the academic rank of Executive-in-Residence/Master Lecturer.  Previously, he worked as a senior trading floor executive, a bank trust officer and as a bank examiner for the Federal Reserve Bank.

His expertise is called on frequently by national media and he has been a guest columnist for Financial Times, New York Times, Forbes.com, Reuters.com, Business Insider, Foreign Policy Magazine, Bloomberg and the Boston Globe.  In 2014 he provided Congressional testimony on the risks associated with virtual currencies.  Similar presentations were also made in 2015 at The World Bank and The Bretton Woods Committee.  

In 2010 he published Uncontrolled Risk (McGraw Hill), www.uncontrolledrisk.com, a book examining the root causes of the financial crisis and the rise and fall of investment banking giant Lehman Brothers. A second edition of this book was published in Chinese. In 2013, he co-authored Longwood Covered Courts and the Rise of American Tennis, which won the Best Reference Book Award at the 2014 New England Book Show.

Outside of academics, he conducts risk management seminars, has provided consulting for various Fortune 500 companies and hedge funds.  He serves on the advisory board of Appleton Partners, Boston-based wealth-management firm, is a senior advisor at the Brattle Group, and is on the Standard & Poor's Academic Advisory Council.  He co-founded FitMoney, a nonprofit focused on elevating financial literacy in U.S. public schools for kindergarten through 12th grade.  

Williams holds a BSBA in Finance from the University of Delaware and a MBA from Boston University. He is a founding board member of the Boston Chapter of the Global Association of Risk Professional, a member of the Boston Analyst Security Association and International Association of Financial Engineers. He is also a member of the Boston Economic Club.

  • Education Open or Close

    MBA, Boston University School of Business, Finance, 1993.

    BS, University of Delaware, Finance, 1985.

  • Current CoursesOpen or Close

    SMG FE442 C1 Money, Financial Markets & Economic Activity

    SMG FE442 D1 Money, Financial Markets & Economic Activity

  • PublicationsOpen or Close

    Books:

      Williams, M. (2010). Uncontrolled Risk: Lessons of Lehman Brothers and How Systemic Risk Can Still Bring Down the World Financial System. New York City: McGraw-Hill.

      Williams, M. T. Longwood Covered Courts and the Rise of American Tennis (2013). Boston: Private Label.

  • Research PresentationsOpen or Close

    Invited Lectures:

      Williams, M. T. (Author Only). Boston Economics Club, The Unaddressed Risks of Virtual Currencies, Boston Economics Club, Federal Reserve Bank of Boston. (November 19, 2014).

      Williams, M. T. (Author Only). The World Bank, The Unaddressed Risks of Virtual Currencies, The World Bank, Washington, DC. (October 21, 2014).

      Williams, M. (Author Only). Association of Corporate Counsel, Risk Management For Lawyers, Association of Corporate Counsel, Florida/California. (May 21, 2012).

      Williams, M. (Author Only). Boston Federal Reserve Bank, Lessons Not Yet Learned from the Fall of Lehman Brothers, FED/PRMIA, Boston. (April 6, 2012).

  • General ServiceOpen or Close

    Service to the Profession:

      Professional/To the Academy, Co-Founder, FitMoney. (2015 - Present).
      Co-Founder of a nonprofit targeting financial literacy in public schools, K-12.


  • Conference ActivitiesOpen or Close

      World Bank Conference, The World Bank, Risk of Virtual Currencies , Panelist. (October 21, 2014 - October 21, 2014).

      CFO Magazine, Risk Management, Committee Chair. (January 29, 2013 - January 29, 2013).

  • Awards and HonorsOpen or Close

    New England Book Show Best Reference Book 2014, New England Book Show, Research. (April 19, 2014).

    Received the Best Book award for my book Longwood Covered Courts and the Rise of American Tennis (2013)


    Beckwith Price for Excellence in Teaching, Boston University, Teaching. (May 1, 2008).
    Award to one undergraduate faculty member at SMG per year.


  • BroadcastsOpen or Close

    TV

      Financial Crisis, 11/01/2008, Reuters.
      Financial and Energy Related - Amaranth Advisors LLC., TXU etc, 09/01/2007, CNBC, Bloomberg TV, NECN.

    Radio

      Financial Crisis- Bailout, 10/01/08, KCBS.
      Numerous Broadcasts, 01/01/07, Bloomberg Radio.
      Amaranth Advisors LLC., trading debacle, energy price volatility, 09/01/06, Bloomberg News.
      Energy and Banking Related - Various Broadcasts, 09/01/06.