Ray Testa
About Ray Testa
Ray Testa serves as the Senior Vice President and COO of the Markets Group at the Federal Reserve Bank of New York, a position he has held since 2014. He has extensive experience in regulatory and compliance management within the financial markets sector and a strong background in program and general management.
Work at Federal Reserve Bank of New York
Ray Testa has served as Senior Vice President and COO of the Markets Group at the Federal Reserve Bank of New York since 2014. In this role, he oversees operations related to the financial markets, ensuring compliance with regulatory standards. His leadership contributes to the effective management of market activities, aligning with the Federal Reserve's mission to promote a stable financial system.
Previous Experience in Financial Services
Before joining the Federal Reserve, Ray Testa held significant positions in the financial services industry. He worked as Managing Director and CIO for India at Nomura from 2008 to 2009. Prior to that, he was a Managing Director at Lehman Brothers from 2001 to 2008, where he operated in both New York and London. His roles involved high-level decision-making and strategic oversight within major financial institutions.
Education and Qualifications
Ray Testa studied at LIU Post, where he earned a Bachelor of Science degree in Accounting and Computer Science from 1980 to 1982. He also attended Nassau Community College, achieving an Associate in Science degree in Accounting and Business/Management from 1978 to 1980. His educational background provides a solid foundation for his extensive career in finance and management.
Expertise in Regulatory and Compliance Management
Ray Testa possesses extensive experience in regulatory and compliance management within the financial markets sector. His expertise includes strategic analysis, planning, and resourcing, which enhances operational efficiency. He has a proven track record in leading business modeling and process reengineering projects, contributing to the effectiveness of organizational operations.
Leadership and Team Development Skills
Ray Testa specializes in building collaborative and adaptive teams to drive organizational success. His strong background in program management and general management supports strategic initiatives within the organizations he has worked for. His leadership approach focuses on fostering teamwork and enhancing performance across various departments.