Christopher Burke Email & Phone Number

Christopher R. Burke is Senior Vice President and head of the Fedwire Securities Service within the Wholesale Product Office. The Service maintains over 1.2 million securities in electronic form, including all marketable U.S. Treasury securities, as well as many federal government agency, government sponsored enterprise and certain international organizations’ securities. The Service also provides safekeeping, transfer, and delivery-versus-payment settlement services to U.S. depository institutions and U.S. branches and agencies of foreign banks. Average transfer volume is $1.4 trillion a day

In 2003, Chris joined the Domestic Money Markets Desk as a trader/analyst. He was made head of the Domestic Money Markets Desk in 2005, and promoted to Assistant Vice President in 2006. In December 2008, he was appointed Vice President and Director.As the Director of Domestic Money Markets and Reserves Management, Chris and his teams planned and executed temporary open market operations designed to keep the federal funds rate trading around the FOMC-mandated target rate; provided analytic coverage of monetary policy expectations and money markets, including fed funds, GC repo, Eurodollars, and money market mutual funds; forecasted factors that affect bank reserve balances and the Fed’s balance sheet; and was responsible for management of the Desk’s counterparties, including Primary Dealers, reverse repo counterparties, foreign exchange and foreign investment counterparties and Treasury Operations Counterparties. Chris was heavily involved in the planning and implementation of several of the Federal Reserve’s liquidity programs, including the Primary Dealer Credit Facility and the Term Auction Facility. Chris was also responsible for establishing the capability to implement the large-scale reverse repo program, and supported the Triparty Repo Infrastructure Reform Task Force.

Chris joined the Bank in 1989, and over the next decade-plus held a variety of operations and project management positions, including helping design and establish the Fed’s contingency site in New Jersey, and primary responsibility for designing and running the Fed’s first District-wide computer help desk and its first application server farm. Chris joined the Markets Group in 1998, where he was the technology lead for consolidating and replacing the Group’s various trade processing systems. He was appointed markets officer in 2000.

Master Of Business Administration (Mba), Finance, General

Bachelor'S Degree, Economics And Computer Science

Graduate Degree In Banking, Georgetown University

High School