Federal Reserve Board

  www.federalreserve.gov
  www.federalreserve.gov
There are newer employer reviews for Federal Reserve Board

6 people found this helpful  

Good place to have been: Don't get comfortable and stick around forever

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Financial Analyst in Washington, DC
Current Employee - Financial Analyst in Washington, DC

I have been working at Federal Reserve Board full-time (more than an year)

Pros

Exposure to SAS, SQL, MS Access; I learned all of that from scratch during my time
Exposure to large data; perfect environment from where you can launch a career in analytics
Good hours
Decent colleagues

Cons

This is an academic environment, so don't expect to find good (or open) management
No teaming; people here work in silos and everyone has a sense of being a boss
The name of the game here is to get your tenure after your 2-year probationary period and then get comfortable; this may not be bad, but it breeds a certain mentality I was/am not comfortable yet
Complete disregard for the private sector

Advice to ManagementAdvice

You don't know everything
It may do you some good to experience some other environment before returning to the Board

Recommends
Neutral Outlook
No opinion of CEO

69 Other Employee Reviews for Federal Reserve Board (View Most Recent)

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  1. 1 person found this helpful  

    Summer Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Intern in Washington, DC
    Former Employee - Summer Intern in Washington, DC

    I worked at Federal Reserve Board as an intern (less than an year)

    Pros

    Fantastic program to get involved in. You get assigned to engaging projects from day 1 and the level of responsibility is usually high, though this will vary by department/economist. Some times there you will get the opportunity to co-author a paper, and generally the FRB outputs academic-level research. Integration into the Board's culture happens from the get-go, with plenty of opportunities to meet with senior economists and the Chairman himself.

    Cons

    The pay compared to other internships in consulting or banking is relatively low.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Senior Research Assistant

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Research Assistant in Washington, DC
    Current Employee - Senior Research Assistant in Washington, DC

    I have been working at Federal Reserve Board full-time (more than an year)

    Pros

    Working for very smart people
    Learn to code in multiple languages
    Opportunity to learn in depth information about monetary policy
    High visibility within your section as well as to the board as a whole

    Cons

    Job can get boring after a couple years. Minimal upward mobility.

    Advice to ManagementAdvice

    Teach a little more.

    Recommends
    Approves of CEO
There are newer employer reviews for Federal Reserve Board

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