Patrick Coster

Patrick Coster is a seasoned procurement professional with extensive experience in strategic sourcing, third-party risk management, and operational efficiency across prominent financial institutions. Currently serving as Senior Vice President and Chief Procurement Officer at the Federal Reserve Bank of New York, Patrick leads a team of 40 employees to manage vendor spend and mitigate third-party risks. Previously, as an Independent Consultant at Scotiabank, Patrick remediated regulatory issues in third-party risk management on a global scale. Earlier roles include Vice President of Global Procurement at E*TRADE Financial Corporation, where Patrick directed sourcing and facilities management initiatives, and Director of Global Efficiency at Credit Suisse, achieving significant cost savings across various expense categories. Patrick holds a Bachelor of Science in Business Administration from Old Dominion University and additional education in Business Studies and Engineering Drawing from Millfield School in the United Kingdom.