Steli Stoianovici


Dr. Stoianovici is a principal in the Financial Economics Practice of CRA.

He has more than 16 years of diverse experience working in consulting, for financial institutions, or as a financial manager. He specializes in financial services research, consulting, and litigation support, with focus on quantitative analysis, consumer lending, discrimination in lending, credit risk, credit scoring, and redlining issues. His work covers applied microeconomic theory, the assessment of damages and valuation in international arbitration matters, securities litigation, tax litigation, regulatory compliance, and model validation, with an emphasis on quantitative and econometric issues.

He has a wide range of case experience, including the evaluation of damages from alleged breaches of contract related to different real estate developments, the determination of an appropriate ground lease rate for a commercial property, the valuation of various expropriated assets, the evaluation of losses arising from the revocation of economic incentives, the computation of class action damages, the assessment of the economic impact of a major investment in a European country, the assessment of the impact on small and large lenders’ profitability of proposed new CFPB rules, and model validation of stock valuation models.

Prior to graduate school, he worked for an asset management company, a brokerage firm, and a printing agency group in an emerging market. He managed tax compliance, tax audits, and dispute issues, and all accounting functions, including the preparation of income and tax return forms.