- Comp & Benefits
- Work/Life Balance
- Senior Management
- Culture & Values
- Career Opportunities
I have been working at FDIC full-time (more than 5 years)Pros
Great work life balance and good benefitsCons
Bureaucracy complicates everything and slows decision makingAdvice to ManagementAdvice
Promote based on results rather than seniorityRecommendsPositive OutlookApproves of CEO
Getting an Interview
Getting an Interview
- Application Details
I applied online – interviewed at FDIC.Interview Details
Interview lasted from noon on Wednesday to Thursday evening. Friday morning they let you know whether you are offered a position. Assessment process consisted of a writing/grammar assessment, an individual presentation, a group presentation and a 1:1 interview (with three interviewers). I believe they are looking for the "whole package", not necessarily a certain "look" Can you read/write in coherent thoughts, sentences and paragraphs and tie it all together or do you write in slang or write like you text? The solo and group presentations and solo interview were not difficult though they could be a little nerve racking because you don't know exactly what to expect.
I believe it's important that you know the difference between business dress and business casual. Again, if they are looking for the "whole package" to fit into their culture, you need to dress and act like you really want to be part of their culture. (Remember, when you walk into a bank on examination day, you need to LOOK PROFESSIONALl). It probably doesn't hurt to also engage with the employees, all the way from security at the front door to the highest level in the organization. Do you think all of those FDIC "volunteers" (the people that help you get to where you need to go) are not also observing you? I can't say that they DO have input into whether you are selected or not, but it seems to me that they are in a great position to provide feedback to those that do make the final selection.
My observation is that the interviewees who asked lots of (what's in it for me) questions, those who used poor judgment in discerning between business dress and business casual and those that exuded over-the-top confidence because they currently work for the government were not offered a position. I'd recommend being confident, taking charge when necessary (but don't be overbearing), being humble, and doing some homework about the agency before you show up so that you are not the one asking 1,001 questions and getting every other applicant annoyed with you.
The FDIC performs a public trust background check on you (after you accept your tentative offer) and before they give you the final offer letter. Know what a public trust background check entails so that if you are offered the position, you are not disqualified based on not being able to pass that part of the process.
It was a nice get-away, the entire FDIC staff was very professional, and the entire trip was paid for.Interview Questions
Negotiation DetailsNo negotiations. However, over the course of four years you can move from approximately $50k to $80k as long as your performance meets or exceeds standards.Accepted OfferPositive ExperienceAverage Interview
- No assessment, presentation scenario, or interview question was hard; complying with the time constraints to complete each assignment presented a bit of a challenge. Answer Question
The FDIC is like money in the bank, only better. The Federal Insurance Corporation (FDIC) insures deposits and retirement accounts in member accounts for up to $250,000, protecting depositors in the event of bank failure. It also supervises financial institutions and manages failed banks. The FDIC is funded by member bank premiums for deposit insurance coverage and from earnings on investments in US Treasury securities. It insures more than $3 trillion of deposits, covering virtually every bank in the country. (It does not cover mutual funds, securities, or related...