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Careers at the Cleveland Fed
Explore opportunities for meaningful work. Learn about what we do and how you can join us.
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Join Us
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Benefits
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Hiring Process
Find work with a purpose when you join the Federal Reserve Bank of Cleveland. Be a part of a public service mission to strengthen the economic performance of the nation and our region. At the Cleveland Fed we:
- Help set monetary policy
- Supervise banks and supply them with currency and coin
- Conduct economic research, with a special emphasis on inflation
- Manage payments for the US Treasury
- Conduct community outreach
- Expand financial literacy education
We offer a variety of meaningful career opportunities. Employees get competitive pay, good benefits, and opportunities to advance in a high-achieving and inclusive workplace culture.
Current opportunities
We hire accountants, economists, product managers, analysts, bank examiners, software developers, and many other occupations.
Alert: Be aware of potentially fake online job postings that claim to be from the Federal Reserve. Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.
Internships
Our paid summer interns are full-time college students pursuing undergrad and graduate degrees. Interns work in areas related to their academic studies and get hands-on experience and professional development.
The benefits of working here
Our benefits are designed with work-life balance in mind. Our employment package includes:
- Competitive salaries
- Affordable and comprehensive health care
- Paid time off
- Defined benefit and defined contribution retirement plans
- Other benefits that support professional growth and work-life balance.
Explore the benefits of working at the Cleveland Fed.
Financial security
Market- and performance-based compensation
- 401(k) plan
- Defined benefit pension
- Pretax savings plans for commuting, healthcare, and childcare
- Life and disability insurance
- Pet insurance
- Identity theft protection
- Financial education and life event planning tools
Health and wellness
Our healthcare choices include medical plans with four coverage levels, depending on your needs, as well as:
- Low-cost prescription, dental, and vision coverage
- Same- and opposite-sex spouse, domestic partner, transgender, fertility, and adoption benefits
- Wellness incentive program
- Healthy food options and access to fitness facilities
Other benefits
- Hybrid and remote work opportunities depending on role
- Tuition reimbursement for select degrees and programs
- Employee affinity/resource groups
- Professional growth and development opportunities
- Discounted tickets for cultural and sporting events
- Onsite cafeterias
Work-life balance
In addition to paid time off (PTO) to use for vacation, illness, and other personal needs, we offer:
- 11 bank holidays
- Parental leave
- Short-term disability leave
- Employee Assistance Program
- Childcare and eldercare backup
- Volunteer time off and Bank-organized volunteer opportunities
What to expect in the hiring process
Our goal is to make the job application and interview process as transparent as possible.
Applying
- Submit your resume and other requested information through our application platform
- You may apply for more than one position, submitting a separate application for each one
- Upon applying, you’ll receive an email confirmation
- You can log in and check your application status at any time
Interviewing
- If chosen for consideration, a talent specialist will contact you for a phone screening
- Further interviews may be held in person or virtually
- A talent specialist may then contact you with an employment offer
- We will notify you if you have not been selected for hire
- Your information will remain in the Cleveland Fed’s recruiting database for use in any future applications you may submit
Questions about the process? Send us a note at recruitment@clev.frb.org
Onboarding
If you accept a position, the next step is a background check. Requirements vary depending on the position, but most include:
- Verifying education, previous employment, and Social Security number
- Passing a drug screen and fingerprint background check
If you pass the background check and screenings, we look forward to welcoming you to new hire orientation.
External Recognition
Our community has recognized our commitment to diversity, equity, and opportunity. For 25 years, we've been at the top of NorthCoast99's best places to work list, and The Human Rights Campaign Foundation's Corporate Equity Index has scored us 100 points for nine years running.
