NEW YORK–The Federal Reserve Bank of New York has named Joshua Rosenberg executive vice president, chief risk officer and head of the Risk Group effective July 16, 2015. He also will serve on the Bank’s Management Committee. The appointment was made by the Bank’s Board of Directors.
As head of the Risk Group, Mr. Rosenberg will lead the implementation and enhancement of the Bank’s risk management framework including its approaches to operational, financial and enterprise risk.
William C. Dudley, president and chief executive officer of the New York Fed, said, “Josh has superb knowledge and expertise in designing the tools and methods that underpin many of the Bank’s key risk management programs. We will be relying on him as we continue to move forward on enhancing our risk management practices.”
Mr. Rosenberg joined the Bank in 2001 as a research economist in the Capital Markets Function. He later moved to the Credit, Investment and Payment Risk Group which is now the Risk Group. Mr. Rosenberg served as the Risk Group’s risk analytics function head since 2009 and became the function head of enterprise risk management in 2015.
Prior to joining the Bank, Mr. Rosenberg was an Assistant Professor of Finance at New York University’s Stern School of Business.
Mr. Rosenberg holds a bachelor’s degree in mathematics and religion from Oberlin College and a Ph.D. in economics from the University of California, San Diego.