MBA, Columbia University
B.S., Pennsylvania State University
Richard Roberts is a Specialist Professor in the Department of Economics, Finance, and Real Estate at Monmouth University, teaching courses in variety of areas, importantly macroeconomics and money and banking.
Rick is a former 20+ year executive of the Federal Reserve System. Across his tenure, he headed the New York Central Bank’s Credit Risk Management during the 2008 financial crisis, led the Payment Systems Risk area, chaired key System committees on counterparty risk identification and mitigation, and oversaw the preparation of FOMC monetary policy briefing materials for the President of the Kansas City Reserve Bank. Moreover, he took a brief break from the Fed in the early 2000s to start and run a boutique subprime-mortgage hedge fund.
Rick has published a variety of articles on topics including Monetary Policy, Money and Banking, and the US economic outlook. His 2016 book “Firewood Held” was a top 20 business book in China.
He holds an MBA with honors from Columbia University and an Economics degree with high honors from Pennsylvania State University.