FinancialAdvisoryConsultant

Born in Los Vilos, Chile • Birth year 1990 • Studied B. Sc. in Mathematics and ​ B. Sc. in Mathematical Engineering at Universidad de Santiago in Santiago, Chile • Highest degree Master in Statistics • Lives in Santiago, Chile • Occupation Financial Advisory Consultant

My relationship with mathematics began when one day in high school a classmate asked me: “Karem, you are very good at mathematics, have you thought about studying it at university?” I will never forget this question because it was this one that made me aware of my love for mathematics. Since I was little, I had a knack for numbers and the subject always entertained me, so I decided to formally continue studying Mathematical Engineering at University.

During college, mathematics opened a new world, a lot of theory and logic work. It was not easy, including many hours of study and frustrations, and not always achieving good exam results. It was a long and hard road, but with resilience I managed to finish successfully.

I liked the time flexibility these jobs gave me, but they didn’t make me happy, as I felt a sense of intellectual emptiness. This is why I decided to go back to university to pursue a Master’s degree in statistics and you can’t imagine how much I liked it!

After graduating, I worked for two years as a high school teacher and as an assistant professor at the university. I liked the time flexibility these jobs gave me, but they didn’t make me happy, as I felt a sense of intellectual emptiness. This is why I decided to go back to university to pursue a Master’s degree in statistics and you can’t imagine how much I liked it! I was fascinated by the subjects associated with models and their theories (data mining, predictive modeling, supervised and unsupervised learning as well as time series, among other models), so today I am a lover of statistics.

Could you imagine what would happen if one day you make a withdrawal from your card and the bank denies it for not having funds? A systemic shock would surely occur, so these models are essential.

I am currently working for a professional services firm and I have experience in credit risk modeling projects, e.g. provision models under local regulations and International Financial Reporting Standards, countercyclical provision models, forward looking models, management models such as admission, behavior and collection, as well as in liquidity risk projects, e.g. construction of flow projection models/methodologies. Credit risk models, in general, aim to mitigate the risk of non-compliance with contracted payments, so provision models estimate an amount of money that a financial institution could eventually lose if all its customers decide not to pay. Management models, such as admission models, aim to estimate a client’s ability to meet their payment obligations, and thus help the financial institution to select its clients. On the other hand, liquidity risk models seek to ensure sufficient cash flow to comply with all normal operations associated with a financial institution: deposits, drafts, transfers, withdrawals of investment funds, etc. Could you imagine what would happen if one day you make a withdrawal from your card and the bank denies it for not having funds? A systemic shock would surely occur, so these models are essential.

My work is dynamic and very demanding, but I love it because I never do the same thing. There are always new projects and clients to care for, so I enjoy my work every day. I invite all women who like mathematics to dare and study it without fear, and if you also have an inclination for finance, then the world is yours!