Dr Edward Jones

Division: Financial Studies

Location: Room 1.02, Hen Goleg

Telephone: 01248 388393

Email: e.t.jones@bangor.ac.uk

Profile

Dr Edward Jones was appointed as a lecturer in economics in 2015. He obtained his BSc (Mathematics and Economics), MA (Banking and Finance), and PhD (“The growth of conurbations in post-war Britain: A historical perspective”) from Bangor University.

Prior to this appointment, Edward worked in the banking industry as a risk manager and was responsible for financial and economic modelling, developing loan loss forecasting models for use in ICAAP and Senior Management decision making, corporate (incl. property investment) loan pricing models, IRB PD and LGD model development and calibration used for bank capital requirements (both regulatory and economic), scorecard implementation, and model performance monitoring. The quantitative models developed, along with technical documentations written by Edward, were used to meet the ongoing regulatory requirements of the Central Bank of Ireland (CBOI) and Financial Service Authority (FSA), and the European Banking Authority (EBA) EU-wide stress test. He has also been involved in industry wide risk management initiatives, including assessing the capital impact of the FSA’s slotting methodology for commercial income-producing assets and the CBOI’s impairment provisioning and disclosure guidelines. Post-2008 financial crisis, Edward was actively involved in the restructuring of an Irish banking institution and the transfer of loans to the national “bad bank”.  

In addition, Edward was employed as an Associate on a Knowledge Transfer Partnership (KTP) between Bangor Business School and Link Wales (a nationwide agricultural cooperative). This two-year UK Government finance project was successful in developed productivity models for use in the Welsh agricultural industry to aid business decision making and drive coherent industry-level policy. 

Edward's main research interests include credit risk and credit ratings, bank capital and portfolio management, financial modelling, and economic development. His teaching is focused mainly on Business Economics and increasing the School’s provision of economic and finance modules taught through the medium of Welsh.

Edward’s appointment is partially funded by the Coleg Cymraeg Cenedlathol. The Coleg Cymraeg Cenedlaethol aims to increase and develop the Welsh-medium provision in Higher Education across all Welsh Universities.