Federal Reserve Bank (NY) Interview Questions & Reviews

Updated Jul 27, 2014
Updated Jul 27, 2014
32 interviews

Interview Experience

Interview Experience

48%
29%
22%

Getting an Interview

Getting an Interview

44%
6%
4%

Interview Difficulty

2.9
Average

Interview Difficulty

Hard

Average

Easy

Candidate Interview Reviews

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  1.  

    Bank Examiner Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I interviewed online. The process took a day - interviewed at Federal Reserve Bank (NY).

    Interview Details

    The interview process was perfunctory. Some of the hiring managers couldn't be bothered to look away from their PC screens. Others were engaging. You will probably not end up working with anyone that interviews you. They will p lace you in a general pool from which you will be picked.

    Interview Questions
    Accepted Offer
    Negative Experience
    Easy Interview
  2.  

    Research Analyst Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I interviewed through college or university - interviewed at Federal Reserve Bank (NY).

    Interview Details

    Applied online, one on-site interview. Interviewed with 2 economists or 2 RA's at a time, rotated through several pairs for each group. Questions asked about previous research experience and familiarity with econometrics and programming.

    Interview Questions
    • What are the Gauss-Markov assumptions, and give an intuition for how relaxing each assumption affects your estimate.   Answer Question
    Accepted Offer
    Positive Experience
    Easy Interview
  3. 1 person found this helpful  

    IT Specialist Interview

    Anonymous Employee
    Anonymous Employee
    Application Details

    I interviewed online. The process took 3 weeks - interviewed at Federal Reserve Bank (NY) in September 2013.

    Interview Details

    Interview process was completely unprofessional and the worst one I ever done. An HR representative set up 2 phone interviews with me. Only one of my interviewers called me, with basic questions about my background and experience. I contacted the other interviewer on the day & time of the interview, and kept getting his voice mail. Never heard back from him. Another phone interview was arranged a few weeks later, where the interviewer was condescending and rude throughout the entire interview. Asked questions regarding software and technologies I told him I had no experience with and was aggravated when I did not know the answer. Interviewer refused to repeat any questions, but expected I to repeat my answers to him due to the spotty phone connection. The interview process was by far the worst of all interviews I have ever done.

    Interview Questions
    • I was asked questions regarding software and programs I have never used, even after telling the interviewer I have never used it before   Answer Question
    No Offer
    Negative Experience
    Average Interview
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  5.  

    Research Analyst Interview

    Anonymous Employee
    Anonymous Employee
    Interview Details

    Not too comprehensive, focusing on what you have done. Be able to communicate what you know and what you want to know. Show interest in monetary policy. Do not be scared to ask questions that make sense.

    Interview Questions
    • What was the least sound part of your past research projects?   Answer Question
    No Offer
  6.  

    Architect Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I interviewed through a recruiter. The process took 2 days - interviewed at Federal Reserve Bank (NY) in August 2013.

    Interview Details

    One phone screen - very generic java questions (how much of the manual have you memorized type questions), one in-person interview

    Interview Questions
    • nothing really difficult or off-base. However, they interviewed me for one job, and the, without telling me, assigned me to a totally different job with a completely different job that required skills I don't really possess (had I known about it, I never would have accepted an interview, let alone quit my job - you should specifically verify the job to which you will be assigned before accepting an offer)   Answer Question
    Negotiation Details
    none - they offered a number - it was take it or leave it
    Accepted Offer
    Negative Experience
    Average Interview
  7.  

    Quality Assurance Analyst Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I interviewed online. The process took 2 months - interviewed at Federal Reserve Bank (NY) in December 2013.

    Interview Details

    Had 2 in person interviews with panels. Interview process is extremely well organized and focused. Received an offer after 2 interview . Pre Employment screening is extremely exhaustive and the go back 10 years verifying employment.

    Interview Questions
    • I was asked if I was hands on after the question to describe my lead experience   Answer Question
    Negotiation Details
    The offer was fair slightly on the lower side.
    HR did not negotiate but the benfits are great
    Accepted Offer
    Positive Experience
    Difficult Interview
  8. 1 person found this helpful  

    Intern Interview

    Anonymous Employee
    Anonymous Employee
    Interview Details

    Applied through a recruiter, received a call back within the next 4 weeks to set up a phone interview. Planned an in person interview a week later.

    Interview Questions
    Declined Offer
    Average Interview
  9.  

    Credit Risk Analyst Interview

    Anonymous Interview Candidate
    Anonymous Interview Candidate
    Application Details

    I interviewed through an employee referral. The process took 5 days - interviewed at Federal Reserve Bank (NY) in April 2011.

    Interview Details

    email exchanges with HR to set up an interview time. Came for a 1:1 interview with potential managers. After I was hired, I had a general interview with some team members.

    Interview Questions
    Negotiation Details
    Not much negotiation. I was offered a good signing bonus.
    Accepted Offer
    Positive Experience
    Easy Interview
  10.  

    Operations Analyst Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I interviewed online. The process took 2 months - interviewed at Federal Reserve Bank (NY) in July 2011.

    Interview Details

    The first interview was over the phone. About 20-30 minutes. Mostly in regards to my resume. I received a second interview about 2 months later, and that was more of a fit type interview. They asked about general fed questions and monetary policy. Nothing too serious.

    Interview Questions
    Accepted Offer
    Positive Experience
    Average Interview
  11.  

    Senior Bank Examiner Interview

    Anonymous Interview Candidate  in  New York, NY
    Anonymous Interview Candidate in New York, NY
    Application Details

    I interviewed in-person. The process took 3 months - interviewed at Federal Reserve Bank (NY) in October 2009.

    Interview Details

    Several levels of interviews. 3 months of a multi layer process. Do not renegotiate not countrrthe salary offer or they will close the offer.

    Interview Questions
    Negotiation Details
    Do not try to negotiate salary....they will move on to the next applicant.
    Accepted Offer
    Neutral Experience
    Average Interview

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