The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
The Executive Office is comprised of the following organizational units reporting directly to the President and First Vice President: the Chief of Staff's Office, Equal Employment Opportunity Office and Wholesale Product Office.
Financial Institution Supervision The Financial Institution Supervision Group supervises and regulates financial institutions in the Second District. Its primary objective is to maintain safe and competitive U.S. and global banking systems. Staff in the Group assess the safety and soundness of domestic banking institutions and operations of foreign banking organizations in the District through periodic onsite evaluations and offsite financial analysis and surveillance. The Group also analyzes issues and developments to identify emerging supervisory risks and develop domestic and international supervisory policy.
Financial Services The Financial Services Group fosters the integrity, efficiency and accessibility of U.S. dollar payment and settlement systems in support of U.S. financial stability and economic growth.
Human Resources The mission of Human Resources (HR) is to deliver integrated and scalable HR solutions that enhance the effectiveness of the Bank's businesses and staff; attract the most skilled, capable and diverse talent by leveraging the credibility, culture and unique opportunities offered by the Bank; and prepare the next generation of leaders for the Bank by retaining and developing our talented staff through outstanding opportunities for their career.
Integrated Policy Analysis The Integrated Policy Analysis Group is designed to enhance the Bank’s capacity to develop a more comprehensive and integrated view of the global economic and financial environment, in order to help inform and strengthen decision-making across the Bank’s monetary, supervisory and payments policy responsibilities as part of the Federal Reserve System.
Legal The Legal Group comprises six separate and distinct Functions: Legal, Bank Applications, Compliance, Corporate Secretary's Office (CSO), Federal Reserve Law Enforcement Unit (FRLEU), and Records Management.
The Legal Function handles the Bank's legal work, including managing the Banks involvement in litigation, conducting transactions and formulating general policy, participating in negotiations, and drafting and reviewing documents, contracts and correspondence.
Research and Statistics The Research and Statistics Group provides analytic support for the Bank's responsibilities relating to monetary policy, banking supervision, payments systems, and financial market issues. In addition to contributing to the formulation and execution of policy in these areas, our economists conduct independent research on a wide range of topics.
Technology Services The Technology Services Group (TSG) is responsible for the strategic planning and provisioning of automation services to the Bank. These include application development, data architecture, network, communications and data center infrastructure and operations, project management, technology vendor management, and overall information technology and information security. The Group also provides national information security, incident response, national remote access and enterprise search services for the Federal Reserve System.