Debra Young
About Debra Young
Debra Young serves as the Division Director of Markets Operations at the Federal Reserve Bank of New York, a position she has held since 2021. With over 15 years of experience in software development and a background in economics, she leads the delivery of key financial solutions and applications.
Work at Federal Reserve Bank of New York
Debra Young has been employed at the Federal Reserve Bank of New York since 2002. She currently serves as the Division Director of Markets Operations, a position she has held since 2021. In this role, she is responsible for the solution delivery of the Secured Overnight Financing Rate (SOFR) and the weighted average SOFR, which is the Alternative Reference Rate Committee's preferred alternative to USD Libor. Prior to her current position, she worked as an Officer/Team Lead from 2002 to 2008 and later as an Assistant Vice President from 2008 to 2014. Her tenure at the Federal Reserve Bank of New York spans over two decades.
Previous Experience in Financial Services
Before her extensive career at the Federal Reserve Bank of New York, Debra Young worked at JPMorgan Chase & Co. as a Senior Application Developer from 1998 to 1999. She also held a position as an Application Developer at The Bank of Tokyo-Mitsubishi Ltd., New York Branch in 1991. These roles contributed to her foundational experience in application development and financial services, which she has built upon throughout her career.
Education and Expertise
Debra Young studied at the University of Michigan College of Literature, Science, and the Arts, where she earned a Bachelor of Arts degree in Economics. Her educational background has equipped her with the knowledge necessary for her roles in financial services and software development. She possesses over 15 years of experience leading embedded software development teams, focusing on supporting monetary policy decision-making and implementation.
Leadership in Agile Delivery
In her current role at the Federal Reserve Bank of New York, Debra Young leads the agile delivery of various technological solutions, including web applications, business intelligence tools, and data warehouses. She is also involved in managing high-volume tick data streaming. Her leadership in these areas is critical to the operational efficiency and effectiveness of the Markets Operations division.