Douglas is a partner in Oliver Wyman’s Banking and Financial Services practice, based in New York. He focuses on financial regulation, public policy, and their implications for financial institutions and markets.
His work spans a wide range of regulatory and policy issues, including capital and liquidity requirements, financial innovation, data rights, market fragmentation, and the development of capital markets. He has published extensively on these topics and has advised senior policymakers, regulators, and financial institutions on how regulatory change can shape strategy and market structure.
Before joining Oliver Wyman, Douglas was a Fellow in Economic Studies at the Brookings Institution, where he focused on financial institutions, markets, regulation, and the Euro Crisis. He has also served twice as a Visiting Scholar at the International Monetary Fund and worked as a consultant to the IMF, World Bank, and Asian Development Bank.
The best financial regulation balances resilience with the ability of markets to innovate and grow. The challenge is to understand the trade-offs clearly and design policy that works in practice
Earlier in his career, Douglas spent two decades in investment banking at financial institutions, principally at J.P. Morgan.
He has testified multiple times before both houses of the US Congress and is a frequent speaker and media commentator on financial policy and regulation.
Douglas graduated magna cum laude from Harvard College with an AB in sociology and holds an MA in computer science from Duke University.