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Federal Reserve Bank (NY) Reviews

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Federal Reserve Bank (NY) President & CEO William C. Dudley
William C. Dudley
50 Ratings
  • Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Recommends
    Neutral Outlook

    I have been working at Federal Reserve Bank (NY) full-time (More than 3 years)

    Pros

    Great place to learn about changes to regulatory policy. Lots of opportunity if technically inclined (i.e. able to program, stats background, etc.).

    Cons

    Even though technical abilities are needed they are often not appreciated. Many decisions are made without reliable data or thoughtful analysis. Significant variability in responsibilities between teams and between the evaluations of the contributions of individuals on the different teams.

    Advice to Management

    Many of the internal changes over the past several years are moving the company in the right direction. Continue implementing these changes. However, please speed up the implementation process.


Federal Reserve Bank (NY) Interviews

Interview Experience

Interview Experience

51%
28%
20%

Getting an Interview

Getting an Interview

65%
9%
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Interview Difficulty

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  1. Helpful (4)  

    FISG Associate Interview

    Anonymous Interview Candidate in New York, NY
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. The process took 4 weeks. I interviewed at Federal Reserve Bank (NY) (New York, NY) in April 2015.

    Interview

    30 minute phone screening by HR to make sure I speak clearly/concisely, along with basic behavioral questions. Within 30 minutes of me hanging up, she scheduled me for an in person interview; 2 people at the same time (VP & senior associate), 1 hour total. Mostly a behavioral interview, but did ask some technical questions about software I was familiar with and if I was able to come up with macros and lightly program. No offer.

    Interview Questions

    • Walk me through your resume? Describe a time you improved operational processes at your current job. Why the Fed? Biggest challenge(s), shortcomings, strengths How do you use iterative data to come up with meaningful results?   Answer Question

Federal Reserve Bank (NY) Awards & Accolades

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Top Intern Employers , CollegeGrad, 2009
Top Entry Level Employers , CollegeGrad, 2009
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Additional Info

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Website www.newyorkfed.org
Headquarters New York, NY
Size 1000 to 5000 Employees
Founded 1913
Type Company - Private
Industry Finance
Revenue $100 to $500 million (USD) per year
Competitors Unknown

The Federal Reserve Bank of New York is the largest in the Federal Reserve System to oversee US bank activities. It issues currency, clears money transfers, and lends to banks in its district. In addition to the duties it shares with 11 other regional Federal Reserve Banks, the New York Fed trades US government securities to regulate the money supply, intervenes on foreign exchange markets, and stores monetary gold for foreign central banks and governments. The New York Fed's district is relatively small (made up of New York, Puerto Rico, the US Virgin Islands ... More

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