Complex Financial Institutions
The Complex Financial Institutions (CFI) function supervises large, complex banking organizations, as well as firms designated as Systemically Important Financial Institutions (SIFIs) in the Second District by the Financial Stability Oversight Counsel (FSOC). Firms within the CFI portfolio are among the largest, most complex, and often most internationally active in the financial system, with activities spanning numerous markets and jurisdictions.

Steven J. Manzari
Steven J. Manzari is a senior vice president and head of the Complex Financial Institutions (CFI) function within the Financial Institution Supervision Group at the Federal Reserve Bank of New York. CFI is responsible for the development and execution of an effective, continuous risk-focused supervisory program for the largest, most complex financial institutions located in the Second District, including firms designated as systemically important financial institutions (SIFIs) by the Financial Stability Oversight Council. Prior to his current assignment, Mr. Manzari was assigned to the American International Group (AIG) relationship monitoring team.

Mr. Manzari was appointed an officer of the Bank in December 1997 after having joined the Bank in August 1992. He resigned from the Bank in January 2001 and returned in June 2006 as a vice president overseeing the Market and Liquidity Risk Department. Mr. Manzari holds a Bachelor of Arts from Hamilton College, a Master in Business Administration from Cornell University, and a Master of Science from New York University.

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The Federal Reserve Bank of New York works within the Federal Reserve System to implement monetary policy, supervise and regulate financial institutions and help maintain the safety, soundness and vitality of our economic and financial systems. As part of the New York Fed's core mission, we supervise and regulate financial institutions in the Second District with the goal of fostering a safe and competitive U.S. and global banking system.