Federal Reserve Bank of Richmond Reviews

3.1
38 Reviews
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Recommend to a friend
Approve of CEO
Federal Reserve Bank of Richmond President Jeff Lacker
Jeff Lacker
25 Ratings
  • Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Federal Reserve Bank of Richmond

    Pros

    Everyone is very friendly and willing to answer questions. Intern friendly environment

    Cons

    Rare to get full time offer

    Advice to ManagementAdvice

    Work more on making the internship turn into full time opportunities

    Recommends
    Neutral Outlook
    Approves of CEO

Federal Reserve Bank of Richmond Interviews

Updated Mar 22, 2015
Updated Mar 22, 2015

Interview Experience

Interview Experience

50%
28%
21%

Getting an Interview

Getting an Interview

53%
5%
5%

Interview Difficulty

2.6
Average

Interview Difficulty

Hard

Average

Easy
  1.  

    Business Manager, Quant Supervision Interview

    Anonymous Interview Candidate in Charlotte, NC
    Anonymous Interview Candidate in Charlotte, NC
    Application Details

    I applied online. The process took 3 weeksinterviewed at Federal Reserve Bank of Richmond in March 2015.

    Interview Details

    Contacted by internal recruiter for a brief phone interview (30 minutes). Followed by an in-person interview with the recruiter, a panel, and the hiring manager (3 hours). The interview was weak and not at all challenging. The questions were very basic and no in depth questions about prior job performance, my skills or abilities. The questions were focused around on the job conflict, personal conflict resolution, and interpersonal dynamics. I anticipate that this role is a minefield of employee issues, drama, and constant conflict. It is not a "management" role since I will not be managing anyone. Rather, I will be supporting a team of 20 or so research economists.

    Interview Questions
    • Why did you apply for this particular position?   View Answer
    Accepted Offer
    Neutral Experience
    Easy Interview

Federal Reserve Bank of Richmond Awards & Accolades

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Best Employers for Latinos to Work For in the East, Latinos For Hire, 2012

Additional Info

Website www.richmondfed.org
Headquarters Richmond, VA
Size 1000 to 5000 Employees
Founded 1914
Type Nonprofit Organization
Industry Finance
Revenue $100 to $500 million (USD) per year
Competitors Unknown

One of 12 regional banks in the Federal Reserve System, the Federal Reserve Bank of Richmond oversees the Fifth District's system member banks and bank holding companies in Virginia; Maryland; the Carolinas; Washington, DC; and most of West Virginia from branches in Maryland, North Carolina, and Virginia. It conducts examinations and investigations of member institutions, distributes money, issues savings bonds and Treasury securities, and assists the Federal Reserve System in setting monetary policy. The bank also processes checks and acts as a clearinghouse for payments... More

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