Bhavin Patel
About Bhavin Patel
Bhavin Patel serves as the Central Point of Contact and Commissioned Bank Examiner at the Federal Reserve Bank of New York, where he has worked since 2018. He has extensive experience in financial analysis and risk management, having held various roles in prominent financial institutions.
Work at Federal Reserve Bank of New York
Bhavin Patel has been employed at the Federal Reserve Bank of New York since 2018, currently serving as the Central Point of Contact, Commissioned Bank Examiner, and Senior Associate in the RCFI RBO Team, which focuses on regional banking institutions with assets between $10 billion and $100 billion. In this role, he develops and executes supervisory plans that emphasize financial and risk management. He also manages a team of examiners as the Examiner in Charge (EIC) for these institutions. His responsibilities include collaborating with Federal Reserve districts and the Federal Reserve Board to assess emerging issues in the financial sector.
Previous Experience
Before his current position, Bhavin Patel held various roles at the Federal Reserve Bank of New York. He served as a Supervisory Manager in the RCFI Foreign Banking Organizations team from 2016 to 2018 and as a Financial Analysis Associate in the RCFI Financial Analysis Team from 2015 to 2016. He also participated in the Supervisory Development Leadership Program as a Supervisory Development Associate from 2014 to 2015. His earlier career includes positions at Merrill Lynch, where he was an Analyst and Assistant Vice President in the Global Principal Investments Division from 2008 to 2012, and a CFO Analyst in the Chief Financial Office Leadership Rotational Program from 2007 to 2008.
Education and Expertise
Bhavin Patel earned his Bachelor of Business Administration in Finance from Baruch College, where he studied from 2002 to 2006. He later pursued a full-time MBA at the Zicklin School of Business at Baruch College from 2012 to 2014. His educational background has equipped him with a strong foundation in finance, which he applies in his current role at the Federal Reserve Bank of New York, synthesizing and analyzing complex financial and risk information.
Early Career
Bhavin Patel began his career as a Finance Intern at Battery Park City Authority from 2004 to 2005. He then worked as a Summer Analyst at HSBC in 2005. In 2013, he briefly served as a Strategy Development Associate at Janus Capital Group in London for two months. These early roles provided him with foundational experience in finance and analysis, contributing to his professional development.
Key Responsibilities
In his role at the Federal Reserve Bank of New York, Bhavin Patel synthesizes and analyzes complex financial and risk information to address a wide range of financial issues. He maintains awareness of potential changes to key rules, laws, regulations, and supervisory policies that impact the financial sector. His work involves identifying and assessing emerging institutional, regional, economic, and industry issues, which are critical for effective supervision of regional banking institutions.