Previously he was assistant professor of finance at the New York University Stern School of Business. His research focuses on financial innovations, mortgages and mortgage-backed securities, dynamic contracting, and corporate finance. His papers have been published in the Review of Financial Studies, the Journal of Financial and Quantitative Analysis, and the B.E. Journal of Economic Analysis & Policy. His paper "Performance-Sensitive Debt" won the Review of Financial Studies Young Researcher Award in 2009. Tchistyi holds a PhD from the Stanford University Graduate School of Business.