Federal Reserve Bank (NY)

  www.newyorkfed.org
  www.newyorkfed.org

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Federal Reserve Bank (NY) Reviews

94 Reviews
3.3
94 Reviews
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Federal Reserve Bank (NY) President & CEO William C. Dudley
William C. Dudley
39 Ratings
  1.  

    good employer doing important work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY

    I worked at Federal Reserve Bank (NY) full-time (more than 8 years)

    Pros

    Smart, professional colleagues doing good work that supports the broader financial system. Very good benefits and retirement/401K "Thrift" plan. Compensation is good. On-site cafeteria and gym. Tuition-reimbursement plan. Complex workplace with a long history. Lots of opportunity for personal growth through on-site courses and projects. Room to move within the Bank and System if you are proactive and focused on what is good for you alone.

    Cons

    You will spend a lot of time and effort on bureaucracy, paperwork, and corporate-speak goals-setting, followed up with corporate-speak achievement reports. Computer system/apps/processes are cumbersome and outdated compared to the private sector. Some managers are great while others have poor leadership skills--it's a matter of luck who you get. If you draw a bad card, do what you can to move to another area.

    Advice to ManagementAdvice

    Respond quickly when managers (at any level) show poor leadership skills. Managers are key. The higher up the ladder, the more it matters.

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