Seung Jung Lee
Financial Stability Cyber & AI Solutions Lab (FS CASL)
Division of Financial Stability
Board of Governors of the Federal Reserve System
"Exit the world a better place and leave an eternal trace."
Background & Education
I am a Deputy Associate Director at the Board of Governors of the Federal Reserve System, where I lead the Financial Stability Cyber & AI Solutions Lab (FS CASL) within the Division of Financial Stability. My work sits at the intersection of financial stability monitoring, emerging technology risk, and advanced quantitative methods.
My research agenda spans financial crises, macroprudential and monetary policy, syndicated lending markets, and — increasingly — the implications of artificial intelligence, large language models, and cybersecurity for the financial system. I have developed early warning systems, applied machine learning and NLP to central bank communications and examination data, and contributed to frameworks for monitoring systemic vulnerability.
Prior to my current role I served as Assistant Director, Chief of the International Financial Stability Section, and in several economist and project manager positions at the Board, spanning quantitative risk management, banking analysis, and international finance.
Division of Financial Stability
Federal Reserve Board
Academic Interests
Professional Experience
Selected Research
Selected Recent Presentations
Other Activities
Conference Organization
- Southern Finance Association Annual Meeting — Program Committee (2023)
- IFABS Oxford Conference — Scientific Committee (2023)
- ECB-FRB Joint Workshop on Financial Stability — Organizing & Scientific Committee (2021)
- AEA Annual Meeting — Session Organizer (2020)
- Nontraditional Data, ML & NLP in Macroeconomics Conference — Scientific Committee (2019)
- Financial Stability Monitoring and Early Warning Systems Round Table — Organizer (2016)
Editorial Roles
- Editorial Board Member, Measurement: Interdisciplinary Research and Perspectives (2023–present)
- Guest Editor, Journal of Credit Risk, Special Issue Vol. 16 No. 3 (2020)
Referee Service
- Journal of Banking and Finance
- Journal of Financial Stability
- Journal of International Economics
- Journal of Financial and Quantitative Analysis
- Economic Inquiry
- International Finance
- International Journal of Forecasting
- Journal of Economic Dynamics and Control