Federal Reserve Bank of Richmond
3.4 of 5 26 reviews
www.richmondfed.org Richmond, VA 1000 to 5000 Employees

26 Employee Reviews (View Most Recent)

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1 person found this helpful  

Nice work/life balance, insufficient IT/data infrastructure

Financial Economist (Current Employee)
Richmond, VA

I have been working at Federal Reserve Bank of Richmond full-time for more than 3 years

ProsVery good work/life balance but you should be ready for some travel. The pay is okay. The job is not very challenging.

Consbuerochratic environment. people are highly risk averse to get out with what they do and show it to the broader organization (pretty much opposite of industry)

Advice to Senior Managementnone

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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3 people found this helpful  

You're on your own in a short-staffed high travel job, so advocate for yourself and take advantage of opportunities.

Bank Examiner (Former Employee)
Richmond, VA

I worked at Federal Reserve Bank of Richmond full-time for more than 3 years


Pros: Opportunities to learn if you push, lots of freedom and good work/life balance… Cons: Below market monetary compensation, intense and inglorious travel schedules for a short-handed staff, lumbering slow-moving bureaucracy with little agency as everything must be vetted extensively,… Advice to Senior Management: Hire more, pay more, empower more, explain more, and train… – I'm optimistic about the outlook for this company… More

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

1 person found this helpful  

easy job, great work life balance, great networking opportunities with industry players

Deputy (Former Employee)
Charlotte, NC

I worked at Federal Reserve Bank of Richmond


Pros: - easy hours in bank supervision, virtually no stress - between your PTO and flex-Fridays you get almost 50 days off a year - low pressure environment,… Cons: - pay is significantly lower than industry. - performance reward system leads to mediocrity - no management skills required for leadership positions - this is an organization… Advice to Senior Management: Keep up the good benefits. Try to do more on… More

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