Derek Park served as a public servant at the federal, state and local level. He was appointed as Director of the Federal Home Loan Bank of New York by the Clinton administration in January 1999 and served into the George W. Bush administration until 2002;10 Vice Chairman and Chairman of the Audit Committee of the New York Industrial Development Agency [the nation’s second largest issuer of municipal debt vis-à-vis community-based projects at that time](2000-2010); Vice Chairman and Chairman of the Audit Committee of the New York City Capital Resource Corporation (NYCCRC) where the mission is to encourage community and economic development and job creation and retention throughout New York City by providing lower-cost financing programs to qualified not-for-profit institutions and manufacturing, industrial, and other businesses for their eligible capital projects (2005-2010); and, Director and member of the Executive Committee of the New York City Economic Development Corporation vested with overseeing a myriad of projects including, but not limited to, the designing and planned construction of two baseball stadiums for the Yankees and the Mets; to managing over 12 million square feet of office and industrial space; to monitoring the country’s largest urban redevelopment project in US history (up until that time) with the renovation of Time Square; to orchestrating the structural expansion of the New York Stock Exchange from 2000 to 2005. Park was appointed to all three positions by the Giuliani Administration [under NY Governor George Pataki]; and, the Bloomberg Administration [under NY Governors Eliot Spitzer and David Paterson].
From 2000 to 2014, Derek Park served as Commissioner of the New York City Commission on Human Rights in the Giuliani, Bloomberg, and de Blasio Administrations. In this role, Park worked to protect the rights of New York City residents (primarily minorities and immigrants) regarding housing, mortgage and other abusive consumer-related bank practices.