Federal Reserve Board Interview Questions in Washington, DC | Glassdoor

Federal Reserve Board Interview Questions in Washington, DC

Updated Jan 3, 2017
30 Interview Reviews

Interview Experience

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  1.  

    Auditor Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Neutral Experience
    Difficult Interview

    Application

    I applied through a recruiter. The process took 2 weeks. I interviewed at Federal Reserve Board (Washington, DC).

    Interview

    I was sent an email regarding an auditor opportunity that matched my profile asking to do a phone interview the next week. A couple hours after the interview, I was invited to come down the next week to DC for an in-person interview. The in-person interview consisted of a 3 person panel interview. The entire process was quick. Took about two weeks.

    Interview Questions

  2.  

    Research Assistant Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. The process took 1 day. I interviewed at Federal Reserve Board (Washington, DC) in November 2016.

    Interview

    Applied via email online. Submitted a resume, cover letter, transcript, and application. Got an offer to interview 2-3 weeks after I submitted my application

    It was a day long of interviews. I had two panel interviews each with 2 economists representing the various research divisions. The interview was very laid back and conversational - not stressful

    Interview Questions

    Negotiation

    nonnegotiable

  3.  

    Financial Analyst Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 2 weeks. I interviewed at Federal Reserve Board (Washington, DC).

    Interview

    1 phone interview with a recruiter. 1 phone interview with the hiring manager. 2 onsite interviews. 1 with the hiring manager and the other interview was with a peer/senior financial analyst. There was also a tour and a meeting with the recruiter on the benefits offered by the Fed. Wrap up meeting with the recruiter.

    Interview Questions

    • How do you organize your work. Give me an example during a stressful period.   Answer Question
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  5. Helpful (1)  

    Summer Analyst Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied through a recruiter. The process took 4 days. I interviewed at Federal Reserve Board (Washington, DC) in April 2016.

    Interview

    Phone interview, then hired 4 days later. It was very conversational. Two Fed employees spoke a little about their background, the company, and possible projects interns can be exposed to during the internship. Interview was pretty laid back and by far the easiest interview I've done. Make sure you know what they fed does and what a stress test is. Despite not being asked these questions, I still prepared myself to talk about what going on in the economy, interest rate possible hikes, stress tests, and the strength of the dollar. If you are prepared to answer these questions, you will come off as intelligent and a must hire.

    Interview Questions

    • 1. This job requires someone with great organizational skills, do you posses those skills? (Give a situation)

      2. What field do you want to go into after graduation? (Be concise, don't seem like you don't know what you want to do after grad)

      3. What did you like and did not like at your past job? (Relate it to the internship in a way and DO NOT say anything bad about your previous job!)

      4. When can you start?

      5. Are you okay with giving a presentation after your internship concludes? (Say something along the lines of hell yeah but don't sound too excited. Sound confident)

      6. Do you have any questions for us? ( read my answers, they told me I have some really good questions so I guess it'll wok for you!)

      Hope this helps a lot and send a thank you letter the day after! Include something you guys talked about in the interview, don't make it a long letter.  
      1 Answer
  6.  

    Financial Systems Analyst Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied through college or university. The process took 6+ weeks. I interviewed at Federal Reserve Board (Washington, DC) in April 2016.

    Interview

    Applied online after meeting a campus recruiter
    Phone interview with two hiring managers a week later
    In-person interview with two hiring managers in Washington DC a few weeks after that
    Offer received 2 week after in-person interview

    Interview Questions

    • Describe a time you were unqualified for a project or task   Answer Question
  7.  

    Intern Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Easy Interview

    Application

    I applied online. The process took 1 day. I interviewed at Federal Reserve Board (Washington, DC) in April 2016.

    Interview

    You'll receive a notification from the HR Rep. After speaking with them,they'll go over specifics. For the summer project internship, you'll receive short project proposals (for the sections interested in you). A few days later, you'll interview. You usually start with the HR Rep, then each section, finishing with the HR Rep at the end. Interview was over phone.

    Interview Questions

  8. Helpful (8)  

    Manager Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Negative Experience
    Difficult Interview

    Application

    I applied online. The process took 4+ months. I interviewed at Federal Reserve Board (Washington, DC) in December 2015.

    Interview

    After applying, took two months to be called for interview. Another month to schedule interview and about 45 to hear back afterwords. Interview was a 5 person panel. Each took turns peppering unrelated questions. A one on one with the hiring manager would have been more effective in getting to know me or any candidate.

    Interview Questions

    • Describe a situation where you had to make a decision but didn't have enough information.   Answer Question
  9. Helpful (4)  

    Research Assistant Interview

    Anonymous Employee in Washington, DC
    Accepted Offer
    Positive Experience
    Average Interview

    Application

    I applied online. The process took 2+ weeks. I interviewed at Federal Reserve Board (Washington, DC) in October 2015.

    Interview

    resume screening, invited for in-person interview
    HR reviews benefits and non-negotiable salary with you
    two groups of 2 economists from different economic research divisions
    asked about resume, work experience with statistical software, teamwork ability
    met with 2 RAs for lunch - good place to ask honest questions
    about 4 hours for the entire interview day

    Interview Questions

    Negotiation

    give you one week to decide offer

  10.  

    Assistant Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Neutral Experience
    Average Interview

    Application

    I applied online. The process took 2 weeks. I interviewed at Federal Reserve Board (Washington, DC).

    Interview

    Chaotic--HR rep on vacation, got an assistant or intern. I had to remind her of necessary steps and advocate to get the schedule I needed. Then had difficulty getting through security due to snafu on her end.

    Interview Questions

    • Just like the federal job process. Very focused on how my experiences would tie in to their department. Scored on each question. I'd say prep based on online application questions and with guidance on federal interview process.   Answer Question
  11.  

    Office Assistant/AR Interview

    Anonymous Interview Candidate in Washington, DC
    No Offer
    Positive Experience
    Average Interview

    Application

    I applied through a recruiter. The process took 4+ months. I interviewed at Federal Reserve Board (Washington, DC) in June 2015.

    Interview

    You initially have a phone screening by HR and then a phone interview and a face to face interview with the employer. The prescreening to the initial interview took approximately two weeks. They did inform me that they were at the beginning stages of the hiring process. Not sure if there was a second face to face interview.

    Interview Questions

    • They asked me if I had two pending issue one involved talking to my manager about vacation time and the other a customer, which one would i tackle first?   1 Answer
    • They also asked me a lot of questions specific to Word and Excel as they wanted someone who was intermediate or advanced in those software programs. For instance, they did ask me how I prioritize which tasks are urgent vs not urgent?   1 Answer
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