Annmarie Rowe Straker
About Annmarie Rowe Straker
Annmarie Rowe Straker serves as the Head of Post Trade Operations at the Federal Reserve Bank of New York, where she leads a team of over 100 professionals and manages more than $7 trillion in assets. She has a strong academic background in finance, holding an MBA and a BBA from Pace University, and has made significant contributions to operational efficiency through various innovative initiatives.
Work at Federal Reserve Bank of New York
Annmarie Rowe Straker has served as the Head of Post Trade Operations at the Federal Reserve Bank of New York since 2001. In this role, she oversees a team of over 100 professionals and manages more than $7 trillion in assets. Her responsibilities include providing services to over 250 foreign central banks and international monetary authorities. Straker has implemented business process excellence strategies that have achieved 99% straight-through processing for securities and cash settlements, significantly enhancing operational efficiency.
Education and Expertise
Annmarie Rowe Straker studied at Pace University, where she earned both a Bachelor of Business Administration (BBA) and a Master’s degree in Finance with a concentration in Mathematics. She also achieved an MBA from the Lubin School of Business, focusing on Finance and Financial Management Services. Her educational background provides a strong foundation for her expertise in financial operations and management.
Background in Financial Operations
Straker has a notable background in financial operations, having pioneered the establishment of a foreign reserve management unit at the Federal Reserve Bank of New York. She also created a middle office team to enhance the bank's operational processes. Her initiatives include the development of a portfolio management system that significantly improved operational efficiency and the upgrade of the IT system to deliver business and operating improvements.
Achievements in Operational Efficiency
Throughout her career, Annmarie Rowe Straker has focused on improving operational efficiency within the Federal Reserve Bank of New York. She successfully eliminated over 90% of paper in operations by implementing automated business tools. Her leadership in these areas has contributed to streamlined processes and enhanced productivity within the organization.