Federal Reserve Bank Jobs in Minnesota

Company:
Federal Reserve Bank
Current Opportunities (0)
Company Website
Location(s):
90 Hennepin Avenue
Minneapolis,  MN
55401
Map Location
Phone:
(612) 204-5000
Industry:
Government
Size:
100-499

Company Overview

Federal Reserve Bank of Minneapolis
When You Mention the Federal Reserve System, most people think of money. That's because, as the central bank of the United States, we deal with money in all its many forms, but we're much more than that.

We're people.
People who work together to achieve the goals of the Federal Reserve Bank of Minneapolis, the Ninth Federal Reserve District. (The Ninth District is comprised of Montana, North and South Dakota, Minnesota, northwestern Wisconsin and the Upper Peninsula of Michigan.) Together with eleven other Districts throughout the country our basic mission is to provide a flow of money and credit to the economy that will foster orderly growth and a stable monetary system.

We do this through three primary functions:

  • Monetary Policy
  • Banking Supervision
  • Financial Services

    Monetary Policy
    One of our responsibilities is to influence the money and credit conditions in the U.S. economy in order to keep prices stable and promote full employment. Economic research, financial and economic statistics and public information support these goals. We also commit resources to economic education through- out the District. These practices demonstrate our support for free markets and free enterprise, while providing vital information to U.S. citizens.

    Banking Supervision
    The Fed promotes the safety and soundness of the nation's banking system and protects credit rights of consumers. Our staff of bank examiners conducts on- and off-site reviews of bank holding companies and state member banks in the Ninth District to ensure that they are managed properly and safely.

    Financial Services
    Our financial services division works around the clock to provide a range of high quality, cost effective services such as cash and check processing to financial institutions in the Ninth District.

    We also process a large volume of electronic payments for the banking industry, transferring funds by wire, using the Fed's extensive data communications network. In addition, we provide automated clearinghouse services for electronic payments such as direct deposit of payroll and direct payment of bills.

    Other financial services functions include the purchase and sale of government securities and holding securities for safekeeping.

    What We Value...
    We foster a work environment that respects the individual. By investing in your career with us, you can contribute to the Bank's success through your work and support of the Bank's strategic direction. Every aspect of our operation is conducted in a manner that maintains public confidence and trust in the Federal Reserve System. To that end, you will be expected to perform your job with:

  • Unquestioned integrity,
  • Compliance with applicable standards,
  • Dedication to quality, accuracy and rigorous analysis,
  • Efficient and appropriate use of resources,
  • A focus on work that adds value, not activity, and
  • A desire to improve processes, products and services through creative and innovative approaches.

    Our Core Competencies
    As an organization, we are looking for people with certain core competencies and a willingness to develop new competencies. Competencies act as a compass, directing our path to training, development, staffing, recruiting and the performance feedback process within the Federal Reserve Bank. Our core competencies include:

  • Communication
  • Thinking and judgment
  • Interpersonal skills
  • Adaptability and flexibility
  • Organization and job knowledge
  • Leadership
  • Organization and planning
  • Performance management and
  • Professionalism

    The Bank is committed to equal employment opportunity for employees and job applicants, and to an environment where employees can work effectively with other employees and value them for their differences.