Guest Editorial

Author's Biography

Eduardo Canabarro is the Managing Director, Global Head of Quantitative Risk at Morgan Stanley. He is responsible for the bank’s risk measurement models and for the validation of the bank’s pricing models. Prior to Morgan Stanley, Eduardo has worked at Lehman Brothers, Goldman Sachs and Salomon Brothers in various technical and management capacities in derivatives-oriented quantitative risk and strategies. Eduardo is a Director of the Board of the International Association of Financial Engineers (IAFE). He holds degrees in Electrical Engineering and MBA in Finance from UFRGS, Brazil, MS and PhD degrees in Finance from the University of California at Berkeley, USA.

Allan D. Grody is a founding board member of the Journal of Risk Management in Financial Institutions, founding professor (retired) of New York University’s graduate course in risk management systems, and founding partner (retired) of Coopers & Lybrand’s financial services consulting practice. He began his business career in General Electric’s finance business and later went on to hold increasingly responsible positions in investment management, the securities industry and international banking. He is President of Financial InterGroup Advisors and Financial InterGroup Holdings Ltd, and an advisory board member of ARC Best Practices Ltd.

Til Schuermann joined Oliver Wyman in August 2011 as a Partner in the Finance & Risk and Public Policy practices. His focus is on stress testing, capital planning, enterprise-wide risk management and corporate governance. Prior to Oliver Wyman, 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.