Francisco Hawas
Address: 350 Circle Road, Schomburg B 103B, Stony Brook NY 11790.
Phone: (1) (631) 682-2700
E-mail: francisco.hawas@gmail.com
Education
PhD Applied Mathematics and Statistics, Department of Applied Mathematics, Stony Brook
University, Stony Brook
2014-2018(expected)
Master of Applied Economics, School of Engineering, University of Chile, Santiago
2013
Industrial Engineering Degree, School of Engineering, University of Chile, Santiago
2013
Bachelor of Science in Engineering, School of Engineering, University of Chile, Santiago
2013
Grades
Master of Applied Economics
 GPA: 6.2/7.0
Industrial Engineering Degree
 GPA: 6.4/7.0
Bachelor of Science in Engineering
 GPA: 5.2/7.0
Relevant Courses
University of Chile, School of Engineering
 Calculus & Algebra: Introduction to Calculus, Single Variable Calculus, Multivariable
Calculus, Ordinary Differential Equations, Numerical Analysis for Engineers, Advanced
Calculus, Introduction to Algebra, Linear Algebra.
 Statistics: Probability, Statistics, Statistical Methods for Economics and Management.
 Industrial Engineering: Optimization, Operations Research, Operations Management,
Operations Engineering, Marketing Engineering.
 Master of Applied Economics: Microeconomics 1, Microeconomics 2, Macroeconomics 1,
Macroeconomics 2, Econometrics Topics in Applied Econometrics, Applied Time Series
Econometrics
 Finance: Project Valuation, Accounting and Management Control, Engineering Economy
and Financial Management, Financial Engineering, Corporate Finance (Master level),
Finance (Master level), Mathematical Modelling Laboratory (Seminar of models in
finance).
Francisco Hawas
Professional Experience
Part-time Quantitative Financial Analyst, Fischer & Zabala, Chile
November 2013 – July 2014
 Developed a structuring model to securitize mortgages.
 Implemented a valuation model to analyze mortgages.
Research Assistant, Mathematical Modeling Center
September 2013 – August 2014
University of Chile, Chile
 Literature review: financial networks subjected to external shocks.
 Development and implementation of a new framework to model the behavior of banking
systems affected by credit-driven events.
Quantitative Analyst, Vision Advisors, Chile
January 2011 – August 2013
 Developed customized strategic models for Chilean institutional investors.
 Developed customized models for portfolio allocation for selected clients.
 Researched and tested risk-control models for several institutional investors.
Quantitative Risk Analyst, ING Chile, Chile
April 2010 – December 2010
 Evaluated risk metrics for mutual funds, pension funds and insurance businesses related to
the holding company.
 In charge of implementing risk models in the company IT platform.
 Performed analysis of regulatory requirements for the different businesses of the
company.
Research Assistant, Mathematical Modeling Center
August 2009 – January 2010
University of Chile, Chile
 Research assistant: participated in a project aimed at detecting insider trading activities,
developed in partnership with Superintendencia de Valores y Seguros, SVS (similar to the
Securities and Exchange Commission in the U.S.)
 The results of this research were presented at a symposium organized by the Center of
Mathematical Modeling and the SVS.
Professional Internship, Ministry of Finance, Chile
January 2008 – February 2008
 Participated in the issuance of a sovereign bond (wrote and revised sections of the
prospectus).
 Evaluated the pros and cons of several debt issuance structures from the government
viewpoint.
Professional Internship, Central Bank of Chile, Chile
January 2007 – February 2007
 Developed software (Visual Basic) to manage and analyze economic data.
Professional Internship, Codelco Chile, Chile
January 2006 – February 2006
 Performed (using SAP) several tasks oriented at optimizing the inventory control system to
avoid duplications and redundances.
Francisco Hawas
Teaching Experience
University of Chile, School of Engineering
2008 – June 2014
 Lecturer: Valuation (Finance and Risk Management). This is a one-semester course for
engineering or financial professional to introduce them to financial topics from a
mathematical viewpoint.
 Teaching Assistant: Industrial Economics, Financial Engineering, Statistical Methods for
Economics and Management. These are one-semester (core) mandatory courses for the
Industrial Engineering degree.
Publications

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Valuation of projects with minimum revenue guarantees: a Gaussian copula-based
simulation approach. Submitted to the Journal of Construction Management and
Economics.
Valuation of projects with stochastic cash flows and inter-temporal correlations: some
practical modeling guidelines, with Arturo Cifuentes. Accepted in the ASCE Journal of
Construction Engineering and Management.
A cash flow-based approach to estimate default probabilities, with Arturo Cifuentes.
CREM, Faculty of Economics and Business, University of Chile. Working paper
Work in progress

Optimal strategies using stochastic programming: an application to the Chilean private
pension scheme, with Fernando Ordoñez and Bernardo Pagnoncelli.
Languages

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English: TOEFL test score 99 pts.
Spanish: native.
Software Skills
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Matlab, Stata, E-views, Bloomberg, Gauss, AMPL.
Scholarships

Doctorado becas chile: scholarship from the government of Chile for PhD studies.