About Paul Calem
Paul Calem is vice president and chief of the Risk Identification section in the Supervision, Regulation, and Credit Department at the Federal Reserve Bank of Philadelphia. His current responsibilities include developing advanced quantitative tools for monitoring emerging risks in retail credit markets, quantitative support for bank examinations, and policy analysis and research. Previously, he was a senior economist in the Division of Banking Supervision and Regulation at the Federal Reserve Board. Calem transitioned to banking supervision after several years in mortgage market modeling and analytics in the private sector, including LoanPerformance and Freddie Mac, and he held positions in the Division of Research and Statistics at the Federal Reserve Board and the Research Department of the Philadelphia Fed. Calem has a Ph.D. in economics from Brown University and a B.A. in mathematics from Duke University.