Job Profile | Job Location | Description | Date of Opening |
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Job Profile |
Job Location Little Rock, AR |
Description Company** Federal Reserve Bank of St. Louis Our Consumer Affairs unit is looking for individuals to join our team of Bank Examiners in our Little... |
Date of Opening 5/6/2024 |
Job Profile |
Job Location Saint Louis Place, MO |
Description Company** Federal Reserve Bank of St. Louis The Safety & Soundness unit is hiring a Supervisory Examiner. You will report to an Officer and have... |
Date of Opening 5/6/2024 |
Job Profile |
Job Location New York City, NY |
Description Company** Federal Reserve Bank of New York Working at the Federal Reserve Bank of New York positions you at the center of the financial world with... |
Date of Opening 5/7/2024 |
Job Profile |
Job Location Richmond, VA |
Description Company** Federal Reserve Bank of Richmond When you join the Federal Reserve-the nation's central bank-you'll play a key role, collaborating... |
Date of Opening 5/6/2024 |
Job Profile |
Job Location Kansas City, MO |
Description Company** Federal Reserve Bank of Kansas City As a part of the nation's central bank, the Federal Reserve Bank of Kansas City supports a stable financial... |
Date of Opening 5/5/2024 |
22 Check Processors from Federal Reserve System submitted salaries.
Current Chairman: Jerome Powell
Status: Active
The Federal Reserve System was created on December 23, 1913. Established by the Federal Reserve Act, the central banking system was put in place as protection against the volatile economic pattern of the day. Today, the Federal Reserve serves a number of functions. The Fed conducts U.S. monetary policy, acts to ensure stability of the financial sector, oversees and regulates banking institutions, and provides financial services to foreign and domestic governments and other institutions.
Though originally confined to the task of maintaining financial stability, the Federal Reserve has steadily taken on a broader role in the economy. In addition to its original tasks, the Reserve now handles additional responsibilities, including:
Protecting consumer credit rights Managing the national money supply Establishing the relative value of U.S. currency Minimizing unemployment Controlling inflation and deflation
Because of its large and important role in the economy, working at Federal Reserve System can be a challenging but rewarding experience. Federal Reserve System careers include both research and professional roles, as well as internships and a Cooperative Education Program for students. The Fed generally offers open positions for economists, research assistants, attorneys, financial analysts, information technology professionals and others.
The Federal Reserve culture is largely one of inclusion and cooperation. The Fed has a significant and far-reaching impact on many sectors of the United States, and as a result, its employees tend to be helpful and supportive of each other in reaching common goals. An Open Communications Policy furthers this all-inclusive atmosphere, promoting open discussion between employees and their managers.
Federal Reserve benefits are competitive with virtually any other large organizations. The Reserve's compensation package is designed to present the best value for employees, while allowing the flexibility to choose additional benefits if desired. The benefits offered by the Federal Reserve includes a 401(k) plan, retirement plan, medical, dental, vision, and prescription drug plans, flexible spending accounts, life insurance, disability insurance, and more. There are also a number of optional, employee-paid benefits, including home and auto insurance, group legal insurance, long term care insurance, personal accident insurance, and group universal life insurance.
In addition, the Federal Reserve offers employees several other services and programs, including a financial planning education program, a health care advocacy program, and a website providing easy access to all available benefits and resources. Finally, resources are available for those who have experienced extraordinary circumstances, such as the death of a spouse or family member, or the diagnosis of a life-threatening disease.
Vice President is the highest paying job at Federal Reserve System at $186,000 annually.
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