Federal Reserve Bank of Chicago Interview Questions & Reviews
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Updated Apr 26, 2012 – Interview questions and reviews posted anonymously by interview candidates.
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Difficulty Rating [?] Based on 9 ratings 
“Easy” Interview
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Interview Experience [?] Based on 9 ratings
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| 1–9 of 9 Federal Reserve Bank of Chicago Interviews | Sort by |
Payment Risk Analyst at Federal Reserve Bank of Chicago
Posted Apr 26, 2012
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1.0
Very Easy Interview
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Overall Positive Experience
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Interviewed and No Offer
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Interviewed Mar 2012 (took 1 week)
Applied for the internship online, heard back in a week. Had a short 15 minute phone conversation, after which they invited me in for an in person interview. The 1:1 interview only lasted 15 minutes and it was conducted by 2 current employees in the department. I didn't get an offer probably because I expressed I was more interested in full time work.
Interview Questions
Other Details
The interview consisted of a Phone Interview, a 1:1 Interview and a Group/Panel Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Intern at Federal Reserve Bank of Chicago
Posted Jan 20, 2012
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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 Apr 2011 (took 1+ week)
Had 2 phone interviews. Both of the interviews were mainly behavioral questions.
Interview Questions
Other Details
The interview consisted of a Phone Interview, a Drug Test and a Background Check.
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Helpful Interview?
Yes |
No
Inappropriate?
Research Assistant at Federal Reserve Bank of Chicago
Posted Dec 16, 2011 — 1 of 1 people found this helpful
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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 Jul 2011 (took 2+ weeks)
A few weeks after submitting my application online, I received a call from HR asking to set up a phone interview for the same afternoon. That interview lasted about a half an hour and the interviewer (an economist at the Fed) explained the position to me, asked me typical questions about my interests and where I saw myself in 5 years, etc., and asked me fairly probing questions about my resume and my experience. The interview went well and my interviewer implied to me that there would be another interview. A few days later another HR person called me to set up an in-person interview for a few days later. Once we agreed to a time I was sent an email explaining what the interview would entail and who I would be interviewing with. It ended up a series of interviews with different people in the department that the RA position was in--first a half hour with two more senior economists, than another half hour with two younger economists, than a half hour with two RAs which also included a fairly low-key skills question (they gave me a sheet of information and asked me what I would do with it to set up a certain regression), then a half hour with the head of the department, and finally a short period with the HR representative. Everyone was extremely nice and there were no trick questions or anything like that but they did ask probing questions to get at my experience with research and statistical software. I think I answered well but that I probably just didn't have the level of experience that they were looking for.
Interview Questions
Other Details
I Applied Online and the interview consisted of a Phone Interview, a Group/Panel Interview and a Skills Test.
Helpful Interview?
Yes |
No
Inappropriate?
Research Analyst at Federal Reserve Bank of Chicago
Posted Sep 29, 2011
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3.0
Average Interview
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Overall Neutral Experience
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Interviewed and No Offer
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Interviewed Feb 2011 (took a day)
Mostly about your resume and cover letter, especially need to be deliberate about your research experience.For example, be specific and clear on what kind of methodology you used for the research.
Interview Questions
Other Details
The interview consisted of a Group/Panel Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Software Engineer, Intern at Federal Reserve Bank of Chicago
Posted Aug 9, 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 Mar 2010 in Chicago, IL (took 3 weeks)
First met the company at a meet and greet at school. Then got called in for an interview.
Interview Questions
Other Details
The interview consisted of a Group/Panel Interview.
Helpful Interview?
Yes |
No
Inappropriate?
Customer Relations Support Office (CRSO) Internship at Federal Reserve Bank of Chicago
Posted Aug 3, 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 May 2011 in Chicago, IL (took a day)
After applying online, it took less than a week to get a call from the HR recruiter who was very friendly on the phone. The recruiter scheduled an interview over the phone and asked no further questions. Upon arrivnig on the interview date, the front desk clerks were very nice and helpful. I signed in and the recruiter was called down. After meeting the recruiter, she took me through security and escorted me to the hiring manager. I met the manager who also seemed friendly. The interview was between 30 and 45 minutes long. The position that I applied for consists of technical experience and knowledge so the questions asked were basic questions about networking ("What do you know about networking?, Have you worked with Microsoft Visio?). The manager then gave me a quick background on the position and the Fed. Overall, the interview was quick and easy. I would suggest coming in with some knowlege about the Fed and the position as well as come prepared with questions to ask.
Interview Questions
Other Details
I Applied Online and the interview consisted of a 1:1 Interview, a Drug Test and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Intern at Federal Reserve Bank of Chicago
Posted Mar 24, 2010
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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 Feb 2010 (took 2+ weeks)
Was called in to be considered for IT intern position. Had basic 30 minute interview with HR. Later met with IT manager whom I'd be reporting to to discuss the position and my qualifications for 30 minutes. Overall, process was fairly informal and comfortable. Correspondence and offer made within 10 days with a week window to accept.
Interview Questions
Other Details
I got the interview through a College or University and the interview consisted of a 1:1 Interview and a Background Check.
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Helpful Interview?
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Associate Economist at Federal Reserve Bank of Chicago
Posted Mar 23, 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 Feb 2008 (took a day)
The prospective associate economist has 10-15 minute interview rotations with a few economist from each function of the Research Department. The topics they are most interested in are research experience, quantitative preparation, past original research, courses taken and grades earned, and computer proficiency among others. This is a research assistant position so they want to know whether you'll be useful for their research or not.
Interview Questions
Other Details
I Applied Online and the interview consisted of a 1:1 Interview, a Drug Test and a Background Check.
Helpful Interview?
Yes |
No
Inappropriate?
Bank Exampiner at Federal Reserve Bank of Chicago
Posted Mar 1, 2010 — 2 of 2 people found this helpful
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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 Apr 2009 in Chicago, IL (took 4+ weeks)
After 2 phone screens there was an interview day. Started with a presentation on the Fed and a typical career there. Then a 45 min writing test, then three 1 hr long interviews with 15 min breaks in between and a lunch with staff to network and talk to people.
Interview Questions
Other Details
I Applied Online and the interview consisted of a Phone Interview, a 1:1 Interview, a Skills Test and a Background Check.
Helpful Interview?
Yes |
No
View Comments (10)
Inappropriate?
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