The Enterprise Risk Supervision function partners on the implementation of supervisory plans for individual institutions, assesses their risk exposures and risk management frameworks, provides cross-institutional assessments, and assists in developing sound practice guidelines and new examination procedures in response to changing risks in the financial industry.

Jeanmarie Davis

Jeanmarie Davis is senior vice president and head of the Enterprise Risk Supervision function in the Supervision Group at the Federal Reserve Bank of New York. Ms. Davis is responsible for the oversight of risks faced by financial institutions in the Second District, including the systemically important firms designated by the Financial Stability Oversight Council, large foreign financial institutions and large regional banking organizations.

Ms. Davis leads a team of risk professionals responsible for the full range of enterprise risks including credit, market, liquidity, compliance, operational and model risk. The work of this group is carried out within the regulatory framework established by the Board of Governors and forms the basis for an overall assessment of the firms supervised. Previously, Ms. Davis was head of the Financial Markets Infrastructure function.

Ms. Davis joined the New York Fed as an application analyst in June 1985. In March 1993, she was named an officer of the Bank and assigned to operational risk department in the risk management function. In January 2003, Ms. Davis was promoted to assistant vice president and was promoted to vice president in January 2005. In September 2005 she was given responsibility for large complex banking organizations and subsequently had oversight for the supervisory programs for several portfolios.

Ms. Davis holds a bachelor’s degree from Colgate University and a master’s degree from Baruch College.

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.