Specialized Training Programs

Overview
Financial Institution Supervision
U.S. Monetary Policy Implementation
Management of Administrative and Financial Services
Portfolio Management: Current Trends in Dollar Asset Markets
Payment System Policy and Oversight
Operational Risk Management and Internal Audit
U.S. Economy: Interpreting the Indicators
Overview

In addition to the general Central Banking Seminar, the Bank also offers specialized courses in Financial Institution Supervision, U.S. Monetary Policy Implementation, Management of Administrative and Financial Services, Operational Risk Management and Internal Audit, Payment System Policy and Oversight, U.S. Economy: Interpreting the Indicators, and Portfolio Management. These programs are held in the spring or the fall and at least two of them are offered during both training sessions. The courses last for three or four days and may run concurrently. The specialized courses feature in-depth presentations by experts from the specialty areas and, in selected instances, speakers from outside the Bank. Course content is updated regularly to meet evolving central banking issues and challenges.

Beyond the technical information covered in the specialized courses, the programs’ collegial environment offers the participants extensive opportunities to network at all levels. Participants interact with the speakers and other Federal Reserve Bank officials both during sessions and informally at luncheons, receptions, and other gatherings. Individual appointments with officials in the financial community can also be arranged so that the participants can pursue seminar topics in greater detail.

The specialized courses draw together participants from the advanced and emerging economies on a common footing. Participants meet and establish personal contact with fellow central bankers and supervisors from around the world. Through these contacts, participants explore how others cope with universal challenges.

For Participants: Please note that participation is limited to central bankers and financial supervisors. In addition, we must receive an endorsement from the governor or chief executive of your institution before we review your application. Endorsements should be sent to Ms. Krista Arfsten, International Affairs Office via e-mail: international.training@ny.frb.org (preferred) or via facsimile: (212) 720-8189.

Calendars and agendas are updated each season.

Hotel information will be provided on this page shortly.

Frequently Asked Questions

Financial Institution Supervision

The course on Financial Institution Supervision is designed for international financial supervisory specialists. It provides an overview of how the Federal Reserve System carries out its supervisory responsibilities, emphasizing risk focused supervision and key risk dimensions, including market, liquidity, operational and credit.

September 30 - October 3, 2014
Financial Institution Supervision Course Application
Hotel Information

October 2014 Agenda


U.S. Monetary Policy Implementation

The U.S. Monetary Policy Implementation course covers conventional central banking operations as well as the Fed's tools introduced during the 2007-2008 financial crisis. Participants visit a primary dealer to observe market operations from the private sector perspective. The course is highly interactive and intended for monetary policy practitioners.

September 30 - October 3, 2014
U.S. Monetary Policy Course Application
Hotel Information

October 2014 Agenda


Management of Administrative and Financial Services

The Management of Administrative and Financial Services program covers the management of central bank operations including strategic planning, budgeting, and information technology. Other topics include operational change, cost effectiveness, and best practices. It is intended for central bankers who are or will become involved in the general management and administration of their institutions.

October 14 - October 16, 2014
Management of Administrative and Financial Services Course Application
Hotel Information

October 2014 Agenda

Portfolio Management: Current Trends in Dollar Asset Markets

The Portfolio Management: Current Trends in Dollar Asset Markets course is an advanced offering open to a limited enrollment of applicants having direct responsibility for their institutions' external reserve management. The course explores the application of portfolio management and market monitoring techniques for managing central bank reserve assets.

October 14 - October 17, 2014
Portfolio Management Course Application
Hotel Information

October 2014 Agenda


Payment System Policy and Oversight

The Payment System Policy and Oversight course addresses payment system risk issues from a policy and oversight perspective. It focuses on the design, risk management, and current issues of major payment, clearing and settlement systems in the United States, as well as the Federal Reserve's policies and approaches to oversee them.

The Payment System Policy and Oversight course will be offered in Spring 2015.

May 2014 Agenda

Operational Risk Management and Internal Audit

The Operational Risk Management and Internal Audit course addresses key control-related functions. The first segment surveys the Bank’s operational risk framework, processes and tools used to assess risk, and key roles and responsibilities in operational risk governance. The audit segment covers internal audit policies and practices, including current issues and trends, as well as their integration with the operational risk management program.

The Operational Risk Management and Internal Audit course will be offered in Spring 2015.

May 2014 Agenda

U.S. Economy: Interpreting the Indicators

The U.S. Economy: Interpreting the Indicators course reviews the use of primary U.S. data series in preparing judgmental forecasts of the American economy. It describes the data production and release processes, examines the longer-run and cyclical movements in the series and discusses how forecasts are altered in the light of events. Participants should have knowledge of basic undergraduate macroeconomics.

October 14 - October 16, 2014
U.S. Economy Course Application
Hotel Information

2014 Agenda

Related New York Fed Content
Related External Content
Contacts
Services for Financial Institutions
Business Development Office
East Rutherford Operations Center
salesspecialists@kc.frb.org
(800) 257-6701
Choose from a detailed list of contacts for Account Services, Automated Clearing House (FedACH), Fedwire, Saving Bond Service and more.
Financial Services Contacts offsite
CBIAS
Timothy Fogarty
Business Relations
timothy.fogarty@ny.frb.org
(212) 720-1708
General
Central Bank and International Account Services (CBIAS) Markets Group
account.relations@ny.frb.org
(212) 720-5679