Financial Market Infrastructure
The Financial Market Infrastructure function is responsible for supervising the payments clearance and settlement activities of bank holding companies and designated financial market utilities. This function is concerned primarily with the systemic risks associated with the transactional operations that support the financial system, identifies when vulnerabilities exist, and determines how to address them.

Vic Chakrian
Vic Chakrian is a senior vice president and head of the Financial Market Infrastructure (FMI) function within the Supervision Group at the Federal Reserve Bank of New York. The FMI team is focused on promoting the financial stability associated with financial market utilities as well as payment, settlement and clearing activities conducted by systemically important financial institutions.

Mr. Chakrian joined the New York Fed in September 2004 as a responsibility manager in central bank and international account services in the Markets Group. He was named an officer in July 2007 and promoted to assistant vice president in December 2009. He transferred to the Supervision Group in October 2011 and was promoted to vice president in 2014.

Prior to joining the New York Fed, Mr. Chakrian was a vice president of asset liability management at Brown Brothers Harriman & Co.

Mr. Chakrian holds a bachelor of science in economics and a master of business administration from The Peter J. Tobin College of Business at St. John’s University.

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.