Eliana Balla is a lead financial economist in the Supervision, Regulation and Credit Department of the Federal Reserve Bank of Richmond, where she oversees a team of economists engaged in quantitative supervision. She has served both as an individual contributor and in a Federal Reserve System coordinating capacity on large-scale model development and validation projects as part of the Dodd-Frank Act stress testing program. Her regulatory work has also included monitoring and analysis of banking industry conditions, with a focus on community and regional banks. Balla’s research interests include bank performance and capital regulation, with recent publications on loan loss reserves and systemic risk. Prior to joining the Richmond Fed in 2005, Balla completed a master’s degree and a doctorate degree in economics from Washington University in St. Louis.