Michal Kowalik is an assistant vice president in Supervision, Regulation & Credit. Michal is also a member of the Development and Production Oversight Committee of the Federal Reserve’s Supervisory Stress Testing Program. In his role, as a member of the top committee overseeing the stress testing models that drive regulatory capital at the nation’s largest banking institutions, he helps form and implement strategic decisions for model research, refinement, monitoring, and disclosure.

Michal joined the Federal Reserve in 2009 as an economist at the Kansas City Fed. He transferred to the Boston Fed in 2014 as a financial economist in Supervision, Regulation & Credit. Michal most recently served as a risk manager in the Supervisory Research and Analysis unit.

Michal serves as associate editor for the Journal of Money, Credit and Banking. He has also taught economics, most recently at Boston College and Harvard University. He holds a master’s in economics from the Warsaw School of Economics and the University of Mannheim, and a PhD in economics from the University of Mannheim.