Arun Jain is a senior vice president, with responsibility for Cash Services, Collateral Management and Administrative Services, and Treasury Payments. Jain previously served as senior vice president of the Retail Payments Department and, before that, as vice president of Cash Services.
Jain joined the Bank in 1984 following a six-year association with the Federal Reserve Banks of Minneapolis and St. Louis. He started at the Philadelphia Reserve Bank in the Business Planning Department and subsequently managed the implementation of new check-adjustment and check-processing systems in the Retail Payments Department. He also managed the implementation of electronic cash letter services at all Federal Reserve offices. He holds an M.S. degree in industrial engineering and an M.B.A. from the University of Minnesota.