Edward F. Murphy is an executive vice president of the Federal Reserve Bank of New York where he is in charge of the Bank's Corporate Group, which includes the financial management, operational risk management, business continuity, investment review, and real estate and general support functions.
He is the Bank’s principal financial officer. He is also the Bank's contingency officer, a member of the Bank's Management Committee and is a fiduciary of the Federal Reserve System's benefit programs as a member of the Committee on Plan Administration.
Mr. Murphy has more than 35 years of experience in the financial services industry, including senior positions at JPMorgan Chase & Co., where he had financial, accounting, operations and internal audit responsibilities. He joined the Federal Reserve Bank of New York in 2005 following his retirement from JPMorgan Chase.
His roles with JPMorgan Chase and its predecessor firms included being the chief financial officer and chief administrative officer of the retail businesses, chief operating officer of the Asia Pacific region, and the firm’s global audit director and principal accounting officer. He began his career in 1974 at Coopers & Lybrand in New York, where he stayed until he began his tenure with JPMorgan Chase in 1983.
Mr. Murphy is a certified public accountant and holds a bachelor's degree in business administration from Pace University in New York City, where he currently serves as a trustee.