Federal Reserve Bank (NY) Interview Questions & Reviews
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Updated Jan 25, 2012 – Interview questions and reviews posted anonymously by interview candidates.
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Difficulty Rating [?] Based on 14 ratings 
“Average” Interview
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Interview Experience [?] Based on 14 ratings
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| 1–10 of 14 Federal Reserve Bank (NY) Interviews | Sort by |
Intern at Federal Reserve Bank (NY)
Posted Jan 25, 2012
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4.0
Difficult Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Dec 2011 (took 6 weeks)
Some of the panel members were quite cold. I was excited and chipper, but the emotions were not returned. I have not received an offer, unfortunately, nor do I think I will. I felt that the interview went well, but it just was not a good fit. The panel asked several behavioral questions (Name a time when...). HR department is not responsive to my follow-ups.
Interview Questions
Other Details
The interview consisted of a Phone Interview, a 1:1 Interview, a Group/Panel Interview and a Skills Test.
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Helpful Interview?
Yes |
No
Inappropriate?
Bank Examiner at Federal Reserve Bank (NY)
Posted Nov 2, 2011
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2.0
Easy Interview
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Overall Positive Experience
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Received and Accepted Offer
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Interviewed Sep 2011 in New York, NY (took 4+ weeks)
My initial communication during the phone interview was to gauge my understanding of technical matters that would be applicable to the specific position. It was more of a conversation rather than just a series of questions that I had to answer. The interviewer tried to get a good idea of what skills I could bring to the team and how my background could enhance the team, all in all it was very productive when compared to other interviews I had. After the phone screen I was brought in to meet 5 members at the bank (individually), some of whom I would be working with. Each interview was very informative about the culture and what is to be expected for a future employee. There were a few technical questions from interviewers who had specific knowledge about the role I was applying for, mainly to ascertain what I knew about the topic and to help fill in any gaps I had. This was something I really like about the interviewers, they all seemed willing to provide any extra knowledge to supplement my understanding of the topics. I would say all in all the experience was very positive and was an enjoyable experience (something which was very rare during other interviews). Future interviewees should use the outline of the position requirements to prepare for any technical questions and beyond that just be yourself and if you are a good fit with the team you should get the job.
Interview Questions
Other Details
I got the interview through an Employee Referral and the interview consisted of a Phone Interview, a 1:1 Interview, a Drug Test and a Background Check.
More Federal Reserve Bank (NY) Bank Examiner Interviews
Helpful Interview?
Yes |
No
Inappropriate?
Information Technology at Federal Reserve Bank (NY)
Posted Sep 27, 2011
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4.0
Difficult Interview
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Overall Positive Experience
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Interviewed and No Offer
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Interviewed Jun 2011 (took a day)
Applied online through company website; 1 week later HR called asking if I could be interviewed the following week; I met with HR; then on to a group interview with 3 potential team members (i.e. supervisors); I didn’t get a welcoming vibe from the group; the HR person was much friendlier and open; the questions were mainly about how my work experiences relate to what they want in a team member’s skill-set for the position; IT seems to want to bring their technology more current and cutting edge and are looking for people who are technology mavens and can handle different levels of staff; I spoke with the receptionist while waiting and she stated she loves working there and that the people are friendly and that the turnover is not high since people tend to stay with the company; corporate casual is the dress norm, however, for the interview you should wear a suit.
Interview Questions
Other Details
I Applied Online and the interview consisted of a Phone Interview, a 1:1 Interview and a Group/Panel Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Business Analyst at Federal Reserve Bank (NY)
Posted Jul 6, 2011 — 1 of 1 people found this helpful
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3.0
Average Interview
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Overall Negative Experience
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Received and Declined Offer
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Interviewed Jul 2011 (took 6+ weeks)
Applied for position online. HR representative contacted me via phone asking if I was still interested in the position. She then proceeded to set up a phone interview with two different BAs. After phone interview, I was asked to come in to the office for a face to face group interview. Met with HR representative and three different groups of people. Interviews ranged from the typical BA interview (i.e. describe your previous role, why do you want to work in this field, why the fed, show us example of your work, etc.) to personal questions which employers should never ask. Process took over 45 days. HR representative never returned calls or emails. Only received any type of communication when they were ready to move to the next round.
Interview Questions
Reason for Declining
Received offer but declined because of the following reasons:
terrible first impression during the group interviews
bad group dynamics
Other Details
The interview consisted of a Phone Interview and a Group/Panel Interview.
Helpful Interview?
Yes |
No
View Comments (1)
Inappropriate?
Research Associate at Federal Reserve Bank (NY)
Posted Mar 3, 2011
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3.0
Average Interview
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Overall Positive Experience
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Interviewed and No Offer
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Interviewed Feb 2011 (took a day)
Interviewed with 1 section. Ate lunch with 2 current research associates. Then interviewed with 2 current research associates and then met with an economist and a research associate. The two interviews each took 45 minutes. No behavioral questions. Asked me about my current research and my past internships.
Interview Questions
Other Details
The interview consisted of a 1:1 Interview and a Group/Panel Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Bank Examiner at Federal Reserve Bank (NY)
Posted Feb 20, 2011
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3.0
Average Interview
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Overall Neutral Experience
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Received and Accepted Offer
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Interviewed Feb 2009 (took 5 weeks)
Fit Interview
Interview Questions
Other Details
I Applied Online and the interview consisted of a 1:1 Interview.
More Federal Reserve Bank (NY) Bank Examiner Interviews
Helpful Interview?
Yes |
No
Inappropriate?
Analyst at Federal Reserve Bank (NY)
Posted Sep 14, 2010 — 1 of 1 people found this helpful
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4.0
Difficult Interview
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Overall Neutral Experience
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Received and Accepted Offer
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Interviewed Aug 2010 in New York, NY (took 4 weeks)
I received an e-mail approximately 1 month after applying online stating that they wanted to have a phone interview with me. The phone interview lasted approximately 30 minutes. Immediately afterwards I received a second e-mail requesting that I come in for in-person interviews with the team and HR representative. The day following the interviews, I received an e-mail requesting references. 2 weeks later I was extended an offer.
Interview Questions
Other Details
I Applied Online and the interview consisted of a Phone Interview, a 1:1 Interview, a Drug Test and a Background Check.
More Federal Reserve Bank (NY) Analyst Interviews
Helpful Interview?
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No
View Comments (1)
Inappropriate?
Systems Administrator at Federal Reserve Bank (NY)
Posted Sep 8, 2010
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3.0
Average Interview
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Overall Positive Experience
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Received and Accepted Offer
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Interviewed Jul 2010 in New York, NY (took 3 weeks)
I got a first round phone interview, right after the call they scheduled a face interview for next week. I met a bunch of them and the HR director as well. Then right after the interview, I was notified by HR for next round of face interview for next week. Then after the second round face interview, no response until now. It's been three weeks, not sure the outcome. i heard the process is very long from this website.
I like the people i met and i am confident about the interview process (we discussed, laughed, chatted different things.. got praised ..) but who knows. Hope can get the job.
Interview Questions
Negotiation Details
do not know yet
Other Details
I applied In-Person and the interview consisted of a Phone Interview, a 1:1 Interview, a Group/Panel Interview and a Skills Test.
Helpful Interview?
Yes |
No
Inappropriate?
Consumer Compliance Examiner at Federal Reserve Bank (NY)
Posted Jun 13, 2010 — 1 of 1 people found this helpful
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2.0
Easy Interview
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Overall Neutral Experience
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Received and Accepted Offer
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Interviewed Feb 2009 in New York, NY (took 7 months)
I initially applied for the job in October 2008, I got a call back for an interview in November. I had an interview in November 2008. I didn't hear back from them again until February 2009. I had a second interview. The second interview was was the department director. It was a pretty easy going interview. They didn't offer me the position until May 2009. It took several months. I think their interview process is too drawn out.
Interview Questions
Negotiation Details
I negotiated my salary. They offered me about four thousand dollars more than the initial offer.
Other Details
I Applied Online and the interview consisted of a Phone Interview, a Group/Panel Interview, a Drug Test and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Analyst at Federal Reserve Bank (NY)
Posted Jun 3, 2010
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3.0
Average Interview
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Overall Neutral Experience
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Received and Accepted Offer
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Interviewed Feb 2009 (took 3 weeks)
The hiring process was actually pretty difficult. They expect for you to know a lot about the Federal Reserve system, the economy, monetary policy, etc. They will ask you behavioral questions and maybe give you a semi simple math problem to solve.
Interview Questions
Other Details
The interview consisted of a Phone Interview, a 1:1 Interview, a Group/Panel Interview and a Background Check.
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Helpful Interview?
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