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.
Lauren A. Hargraves is senior vice president and manager of the Wholesale Product Office at the Federal Reserve Bank of New York.
Prior to being named senior vice president, Ms. Hargraves had been vice president of the financial management and discount window in the Markets Group since July 2002.
The Wholesale Product Office is responsible for strategic planning, product developments and oversight of the Federal Reserve System's Fedwire® funds service and securities services, as well as the net settlement service.
Ms. Hargraves joined the Bank in September 1985 as a research assistant in the developing economies division in the Research Group and in July 1994, she was appointed an officer of the Bank and assigned to the international finance department. In December 1996, she was promoted to assistant vice president in the strategic development staff in the Markets Group. In December 1999, she was promoted to vice president in the domestic money markets department.
Ms. Hargraves holds a bachelor's degree from Trinity College, an MBA degree and a masters degree in international affairs from Columbia University.
® Fedwire is a registered service mark of the Federal Reserve Banks.