Federal Reserve Bank of San Francisco

  www.frbsf.org
  www.frbsf.org
There are newer employer reviews for Federal Reserve Bank of San Francisco

 

great professional growth and educational opportunities with the feel of public service

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Current Employee - Senior Project Consultant in San Francisco, CA
Current Employee - Senior Project Consultant in San Francisco, CA

I have been working at Federal Reserve Bank of San Francisco

Pros

Tuition reimbursement and training opportunities galore with a robust benefits package. Meets the market rate for salaries. Overall, a great place once you get going. Opportunities to touch on all aspects of the FRB business - supervision, regulation, stats, operations. Happy and productive co-workers.

Cons

I find the environment tends to be relaxed at times bordering on complacent. Sometimes wonder if the application development arena is getting work solely because we're "the closest FRB to Silicon Valley" and not on it's merit. Cost is always a concern, specifically when project costs are associated with the employee cost. Project jumping is virtually unheard of, once you're married to a team/project moving off can be a process. Influx of new talent has been enlightening but as an entrenched employee I found my opportunities and cross-training/education on new technologies for other teams lacking.

Advice to ManagementAdvice

Specifically with regards to the IT workforce: Some of the newer initiatives show promise in reinvigorating the dynamism and spirit of collaboration required to have a smart, productive, savvy in-house IT and app development group. Don't let them falter. Take back some control from the business lines and utilize your resources to create new solutions. Yes, IT serves the business it supports. No, that doesn't mean we remain on some sort of silent march to oblivion while they figure this out. Be a true partner. Not a willing conspirator.

Recommends
Approves of CEO

60 Other Employee Reviews for Federal Reserve Bank of San Francisco (View Most Recent)

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  1. 1 person found this helpful  

    Great for those looking to continue education

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Research Associate in San Francisco, CA
    Current Employee - Research Associate in San Francisco, CA

    I have been working at Federal Reserve Bank of San Francisco

    Pros

    Great benefits (retirement, medical, gym)
    Great education compensation
    Good work/life balance
    Exposure to interesting material
    Collaborative workplace
    Nice people to work with

    Cons

    No pay incentive structure
    Some economists can be distant and unwelcoming at first
    Hierarchy is firmly established and somewhat discouraging
    Work can vary significantly in content and enjoyability based on managing economist

    Advice to ManagementAdvice

    Working to welcome new RAs into the deparment would have made the transition into the job more enjoyable and create a stronger sense of community.

    Recommends
    Approves of CEO
  2. 1 person found this helpful  

    great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in San Francisco, CA
    Former Employee - Anonymous Employee in San Francisco, CA

    I worked at Federal Reserve Bank of San Francisco

    Pros

    great benefits good people there is a work life balance cutting edge technology
    easily commutable by public transport good education reimbursement program.

    Cons

    too heavy on the top. decision making process is toooooo slow. its takes forever to get any approval.
    managers are not technical.

    Advice to ManagementAdvice

    make a leaner organization on the top. embrace open source technology to cut cost and bring efficiency. provide employees opportunity to innovate.

    Recommends
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