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Federal Reserve Bank (NY)

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Federal Reserve Bank (NY)

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Federal Reserve Bank (NY) Reviews

Updated Oct 21, 2021

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Found 328 of over 376 reviews

4.0
86%
Recommend to a Friend
78%
Approve of CEO
Federal Reserve Bank (NY) President & CEO William C. Dudley
William C. Dudley
143 Ratings
Pros
  • "Great benefits and work life balance(in 82 reviews)

  • "Great benefits with 401k and pension and generous vacation days(in 37 reviews)

  • Cons
  • "Total salary including benefits is significantly better per hour compared to similar positions in the private sector(in 14 reviews)

  • "White women are 65% of the Open Markets Desk's senior management(in 12 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

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    Ratings by Demographics

    This rating reflects the overall rating of Federal Reserve Bank (NY) and is not affected by filters.

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    1. 5.0
      Current Employee

      Great work/life balance

      Sep 13, 2021 - Ethics & Compliance Director in Los Angeles, CA
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Managers are very flexible with when/where you get your work done.

      Cons

      Change is slow due to politics and bureaucracy.

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    2. 3.0
      Current Employee

      Meh

      Oct 21, 2021 - Regulatory Data Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good benefits, good name on resume

      Cons

      Bureaucratic organization that could do well with forward thinking policies

      1 person found this review helpful
    3. 3.0
      Current Employee, more than 1 year

      Great benefits, work-life balance

      Oct 21, 2021 - Regulatory Data Specialist in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Amazing benefits, work-life balance, knowledgeable folks

      Cons

      complacent culture, lots of turnover

      Continue reading
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    4. 1.0
      Former Employee, more than 5 years

      headed in wrong direction

      Oct 18, 2021 - Anonymous Employee 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      excellent benefits including a pension plan

      Cons

      people are leaving in droves due to very poor leadership, especially in HR...they are not living their values

      1 person found this review helpful
    5. 2.0
      Former Employee, more than 3 years

      Bureaucratic organization heading in the wrong direction.

      Sep 27, 2021 - Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good health insurance benefits, interesting programming put on both in person and virtually for employees to attend. The name brand recognition is helpful on a resume.

      Cons

      There is little to no onboarding given to most employees. Prospective employees should be incredibly wary of who they will be reporting to. It is difficult if not unheard of for poor managers to receive any type of correction or feedback. If you report to a difficult manager, your prospects are limited to posting to another role or leaving the organization all together. The culture is incredibly hierarchical and decisions are often changed at the last minute on the whims of senior leadership. This leads to a frustrating experience as an employee, with almost every project turning into a last minute stress filled fire drill. You will often hear stories of how the organization was a great place to work, with good work life balance and benefits. These comments are always made in the past tense-not the present.

      Continue reading
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    6. 5.0
      Former Employee

      Good place to work

      Sep 11, 2021 - Analyst 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great people and many development opportunities

      Cons

      Can be on the slower side if you are young and aggressive.

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    7. 5.0
      Current Employee

      Great Place to work

      Aug 19, 2021 - Research Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great atmosphere and environment, wonderful coworkers

      Cons

      Slower moving and no bonuses

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    8. 4.0
      Current Employee, more than 5 years

      Great place to work

      Aug 4, 2021 - Manager 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great mission and great people. Very team-oriented and collaborative culture where people are working together for the greater good. There's great cross functional mobility and opportunity to move around within the Bank and the broader system.

      Cons

      Very bureaucratic organization that can at times stifle creativity and innovation. Bringing projects and initiatives to fruition can take a very long time. Behind on technological advances and methodologies - just starting to use agile.

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    9. 5.0
      Current Employee

      Friendly environment

      Jul 23, 2021 - Intern in Brooklyn, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Everyone’s very helpful and open.

      Cons

      No cons at the moment.

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    10. 5.0
      Current Employee, more than 10 years

      Great employer

      Jul 10, 2021 - IT Administrator in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great people, good benefits and flexible

      Cons

      Sometimes there is a lot of red tape that holds progress back

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    Viewing 1 - 10 of 328 Reviews

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