Til Schuermann is a partner at Oliver Wyman and has been supporting large financial institutions and official sector institutions with stress testing and risk management programs. He participated in the stress testing of the Spanish (2012) and Slovenian (2013) banking systems, and the European Central Bank’s Comprehensive Assessment in 2014. Until March 2011, Til was a Senior Vice President at the Federal Reserve Bank of New York where he held numerous positions, including head of Financial Intermediation in Research and head of Credit Risk in Bank Supervision.
In Spring 2009, he played a leadership role in the design and execution of the Supervisory Capital Assessment Program (bank stress test), and the subsequent Comprehensive Capital Analysis and Review (CCAR) programs. Til received his Ph.D. in Economics from the University of Pennsylvania in 1993, and his BA in Economics from the University of California at Berkeley in 1988. From 1993 – 1996 he worked at Bell Laboratories. He has numerous publications in both academic and practitioner journals, is an associate editor of the Journal of Financial Services Research and the Journal of Risk, and has taught at the Wharton School, where he is a Research Fellow, and at Columbia University.