Joseph Memmolo
About Joseph Memmolo
Joseph Memmolo is an Officer in Accounting Policy & Financial Compliance at the Federal Reserve Bank of New York, where he manages a team focused on financial and cost accounting policies. He has extensive experience in the finance sector, having held various positions at notable institutions such as JPMorgan Chase, Citigroup, and Swiss Re.
Current Role at Federal Reserve Bank of New York
Joseph Memmolo serves as an Officer in Accounting Policy & Financial Compliance at the Federal Reserve Bank of New York. He has been in this position since 2010, managing a team responsible for financial and cost accounting policies. His role includes serving as the accounting lead for the Markets Corporate Credit Facility, where he oversees all Special Purpose Vehicle (SPV) funding and reporting activities. He has also managed the Sarbanes-Oxley (SOX) Entity Level Control testing to assess compliance and strategic risk within the organization.
Previous Experience in Financial Management
Before his current role, Joseph Memmolo held several significant positions in financial management. He worked at Citigroup as Senior Vice President from 2004 to 2010. Prior to that, he served as Financial Controller at Swiss Re from 2001 to 2004 and at JPMorgan Chase from 1993 to 1998. He also worked as Deputy Controller at Brown Brothers Harriman from 1998 to 2000 and as a Senior Accountant at PwC from 1989 to 1993. His diverse experience spans various aspects of financial control and compliance.
Educational Background in Finance
Joseph Memmolo studied at Fordham University, where he earned a Master of Business Administration (MBA) with a focus on Finance. His studies took place from 1997 to 2000. This educational foundation has supported his extensive career in accounting and financial compliance, equipping him with the necessary skills and knowledge to excel in his roles.
Implementation of Online Methodologies
In his current role, Joseph Memmolo has implemented online methodologies aimed at enhancing the controlled environment for accounting policy and business user financial applications. This initiative reflects his commitment to improving operational efficiency and compliance within the financial framework of the Federal Reserve Bank of New York.