Randolph Brown, Governor

Randolph Brown currently manages the Liquidity team within the LFBO Risk & Analysis Department that provides liquidity risk supervisory coverage of firms assigned to the Large and Foreign Banking Organizations (LFBO) Function. His team of examiners monitors and assesses the funding and liquidity risk management practices and risk levels of firms in LFBO’s portfolio – a select group of large and foreign financial institutions that are subject to enhanced supervision due to their size and/or operational complexity.  Notably, he co-led the execution of the 2018 and 2019 System Horizontal Liquidity Review for the LFBO portfolio.

 

Randy began his career as an assistant bank examiner at the Federal Reserve Bank of Philadelphia in 1993.  He joined the Federal Reserve Bank of New York in 2001 as a bank examiner assigned to support the development and execution of the continuous risk-focused supervisory program at a Systemically Important Financial Institution (SIFI).  After holding various risk coordinator roles while on the supervisory team assigned to the SIFI, Randy became a member of the Funding, Liquidity & Interest Rate Risk (FLIRR) Department in September 2005 and later assumed team leadership responsibility for the Examinations team in July 2008.  While in the FLIRR department, Randy led and contributed to various LISCC Comprehensive Liquidity Analysis & Review (CLAR) workstreams covering liquidity stress testing practices, recovery and resolution, funds transfer pricing at large financial institutions across the Federal Reserve System. 

 

He holds an M.S. in public management and policy with a concentration in financial management and analysis from Carnegie Mellon University and a B.A. in English from the College of the Holy Cross. Randy resides in New Jersey and enjoys spending time with his family.