A memory device and a method of managing a memory are provided. The memory device includes a command queue configured to receive a first command from a host to store the first command, and to read and transmit the first command, a controller configured to read, from a storage device, data corresponding to the first command transmitted from the command queue, and to store the data in a buffer memory, and a first memory configured to store a data list of data stored in the buffer memory, wherein, in response to the command queue receiving the first command from the host, the controller updates the data list of data stored in the first memory.