Dr. D’Vari has over 35 years of experience in finance, academics, and engineering. He is an expert in portfolio and risk management, fundamental and quantitative credit, structured finance, portfolio alpha strategies and innovative structured solutions using a Quandamental™ approach.
Dr. D’vari provides strategic counsel and services around structured credit, complex asset valuation, enterprise risk, and regulatory compliance. He has led building of advisory services in credit, valuation, risk/asset management, litigation consulting, due diligence, financial technology and capital markets services. He is responsible for advising clients in matters throughout the structured products and fixed-income asset lifecycle. In this role, Dr. D’Vari leads the analyses concerning portfolio construction, structuring, securitization, portfolio management, valuation, credit and market risks and trading management.
Dr. D’Vari was an executive at BlackRock, Inc. in charge of Structured Finance business and served on Portfolio Strategy Group, Fixed Income Business, Alternative, and New Product Committees. Dr. D’Vari was instrumental in establishing BlackRock Mortgage Investors and development of PennyMAC, a mortgage company and played a key role in BlackRock’s Financial Market Advisory at the beginning of credit crisis.
Prior to acquisition by BlackRock, Dr. D’Vari worked at State Street Research (SSRM) for 12 years culminating in him joining the executive team responsible for the fixed-income asset management business of SSRM. He led the day-to-day management of SSRM fundamental and quantitative bond research and heading the MBS/ABS/CMBS Portfolio Management and Trading sectors. He was a member of the firm’s Bond Policy Committee that managed $27 billion of fixed-income assets, and he established and led State Street’s collateralized debt obligation business and quantitative research team.
Dr. D’Vari is advisor to Chair of PRMIA Education Committee and was previously the chairman. Dr. D’Vari serves on the Editorial Board of Journal of Structured Finance and has previously been on the Board of Boston Security Analyst Society and Advisory Board of American Securitization Forum.
Dr. D’Vari has taught at UCLA, Brandeis University, and Boston University and has published in numerous publications. Dr. D’Vari holds B.S., M.S., Ph.D., and MBA from UCLA and is a CFA charter holder and has FINRA Series 24, 53, 7, and 63 licenses.