Dr. Til Schuermann
Partner, Oliver Wyman and Member, GARP Financial Risk Management (FRM) Committee
Dr. Til Schuermann is a Partner in the Finance & Risk and Public Policy Practices division at Oliver Wyman, where he works with a number of domestic and international financial institutions on stress testing, capital planning, enterprise-wide risk management, and corporate governance. Prior to joining Oliver Wyman, Dr. Schuermann 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, Dr. Schuermann 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. He testified before the TARP Congressional Oversight Panel in May 2009. In 2008, Dr. Schuermann led a team tasked to assess capital and liquidity adequacy of the four remaining large US investment banks, where he helped develop and execute liquidity stress tests, as recently documented in the Valukas report.
He has numerous publications in both academic and practitioner journals, is a member of the advisory board of the NYU Courant Institute Mathematical Finance program, has taught at the Wharton School and Columbia University, and currently serves as a Member of GARP's FRM Committee.
Dr. Schuermann earned a BA in economics from the University of California, Berkeley, and a PhD in economics from the University of Pennsylvania.