Yojanci Acosta

Procurement Operations Manager @ Reserve

About Yojanci Acosta

Yojanci Acosta is a Procurement Operations Manager at the Federal Reserve Bank of New York, with extensive experience in procurement and financial services. He has held various managerial roles at notable institutions, including Goldman Sachs and J.P. Morgan, and has contributed to significant operational improvements in eProcurement.

Current Role at Federal Reserve Bank of New York

Yojanci Acosta serves as the Procurement Operations Manager at the Federal Reserve Bank of New York. In this role, which commenced in 2022, Acosta oversees procurement operations within the New York City Metropolitan Area. Acosta has led significant initiatives, including the optimization of the Bank's eProcurement processes, which resulted in a substantial increase in purchase order utilization from 20% to 95%. This improvement eliminated non-purchase order invoices and reduced manual touch points, thereby minimizing operational risks.

Previous Experience at Federal Reserve Bank of New York

Prior to the current position, Yojanci Acosta held multiple roles at the Federal Reserve Bank of New York. From 2020 to 2022, Acosta was the Management Reporting Manager, and from 2018 to 2020, Acosta served as the Disbursement Manager for the Corporate Group. In these positions, Acosta contributed to the development of key performance indicators and metrics to monitor operational performance and group goals.

Career Background in Financial Services

Yojanci Acosta has extensive experience in the financial services sector, having worked at several prominent institutions. Acosta was a Senior Associate Manager AVP Officer at Goldman Sachs from 1991 to 2009, where Acosta spent 18 years in the Greater New York City Area. Following this, Acosta held Vice President Officer roles at J.P. Morgan from 2010 to 2015 and at Bank Leumi USA from 2015 to 2017, further solidifying expertise in procurement and operations management.

Education and Qualifications

Yojanci Acosta earned a Bachelor of Science degree in Accounting from the City University of New York-Herbert H. Lehman College. This educational background provides a strong foundation for Acosta's career in procurement and financial operations, facilitating a comprehensive understanding of financial management principles.

Community Engagement and Initiatives

In addition to professional responsibilities, Yojanci Acosta has participated in community service initiatives, including teaching kindergarten classes for special needs students and involvement in the Special Olympics. This engagement reflects a commitment to community support and development beyond the corporate environment.

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