About José Canals-Cerdá
José J. Canals-Cerdá joined the Federal Reserve Bank of Philadelphia in the Supervision, Regulation, and Credit Department in 2006. Previously, he was part of the faculty of the Economics Department at the University of Colorado, Boulder. He is a Ph.D. economist and FRM-GARP certified. His undergraduate work was in mathematics with a concentration in statistics and decision sciences. Canals-Cerdá has made significant contributions to the development of systems, models, and databases at the Federal Reserve System. He was the principal developer of the Federal Reserve System methodology for Stress Testing of cards portfolios, leading a group of Ph.D. economists and analysts. He has led quantitative benchmark studies in several areas of interest to the Federal Reserve System related to Stress Test, Basel II, and ALLL/CECL. Canals-Cerdá conducts research in the areas of risk management and consumer finance.