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Our Work

Cleveland Fed employees reflect the diverse set of experiences, backgrounds, and ideas that keep the Fed advancing into the future.

Our multifaceted yet specialized roles mean that you can have an exciting and fulfilling career doing important work in your chosen field. Many of our employees have strong backgrounds in economics, IT, and finance, but we also look for skills in app dev, risk management, analytics, communications, and other areas.

Where do you fit? Take a look below.


Research

Cleveland Fed economists publish high-quality academic research, conduct research-informed policy analysis, and support the Bank and Federal Reserve System through participation in Federal Reserve System initiatives, outreach that provides an understanding of national and regional economic conditions, and web content that offers access to research, analysis, innovative models, and key indicators and data. The department’s research analysts support the work of our Bank economists.

Technology

Our technology experts work in an agile environment to deliver high-quality applications and information management solutions on behalf of the Federal Reserve and the US Treasury. Work ranges from application development to business intelligence and innovative projects.

Internships

Our paid interns are motivated and innovative full-time college students earning their undergrad and grad degrees in a number of college majors. Whether here for a summer or a whole semester, Bank interns work in their selected fields, gaining hands-on experience and professional development in a supportive environment that helps them make the most of their time at the Bank.

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Financial Services

The specialists in Financial Management Services ensure the integrity of the Cleveland Fed’s financial reporting to the public, the Board of Governors, the US Treasury, and others. They also coordinate the Bank’s budgeting process, provide financial and cost accounting information, and procure services and supplies to support the Bank's operational and strategic initiatives.

Operations

Cleveland Fed operations employees keep things moving. They function in a fast-paced, inclusive team environment to safeguard not only Fed employees and facilities, but the integrity of the nation’s financial system, too. Operations comprises three key areas, each with a range of opportunities for those with or without college degrees.

Law Enforcement Unit
Law Enforcement Unit staff members receive specialized training and are responsible for safeguarding the people, property, and assets of the Federal Reserve Bank of Cleveland.

Real Estate Services Group
The Real Estate Services Group supports the Cleveland Fed’s mission by ensuring a safe, functional, and healthy work environment. RESG specializes in capital planning and management of the Bank’s physical assets, including architectural and infrastructure projects, building maintenance, and business administration.

Cash Operations
Cash specialists provide high-quality and reliable services to banks within the Cleveland Fed’s region through counting, verifying, and distributing currency and coin. They are supported by business and compliance analysts to ensure the integrity and efficiency of Cash operations.

Supervision, Credit Risk, and Statistics

Cleveland Fed employees in Supervision, Credit Risk, and Statistics (SCS) assist the Bank in promoting the safety and soundness of financial institutions in our region, regulating the nation’s banking and financial structure, and enforcing laws and regulations.

Supervision and Regulation
As part of the nation’s central bank, the Cleveland Fed supervises and regulates financial institutions in the Cleveland Fed’s region. Our employees in S&R promote a safe and sound banking system, foster financial market stability, and support compliance with laws and regulations, including those relating to consumer protection.

Credit Risk
Credit risk employees provide liquidity to the banking system, work to avoid losses that undermine the integrity of payment systems or the credibility of the Federal Reserve System, and facilitate the implementation of monetary policy.

Statistics and Analysis
Teams in statistics and analysis support monetary policymaking, supervision and regulation, and fiscal agency responsibilities through collecting, analyzing, and ensuring the quality of financial and banking structure information.

Our Locations

In addition to the main office in Cleveland, Ohio, the Cleveland Fed operates branch offices in Cincinnati, Ohio, and Pittsburgh, Pennsylvania. Branch offices allow us to reach our communities more directly to help with the financial and cash-related needs of banking institutions and to gain insight into the conditions and needs of local businesses, neighborhoods, and economies. All three of our locations are in regions with culturally diverse neighborhoods, beautiful landscapes, affordable living, family-friendly communities, and abundant recreation options.

Cleveland skyline

Cleveland

Northeast Ohio, home to the Cleveland Fed’s main office, offers vibrant neighborhoods and affordable homes in ethnically and racially diverse communities. Renewal is booming, with new generations of Ohioans, along with individuals who are returning to the area, taking root and flourishing in urban and suburban communities alike. The main office places you in the heart of downtown Cleveland, with all the amenities that a culturally rich urban setting provides.

Learn more about Cleveland by visiting local community links:

Cincinnati skyline

Cincinnati

Employees from several areas of the Bank call Cincinnati home, especially those who travel frequently in southern Ohio and eastern Kentucky. Cincinnati is a regional hub with easy access to three states, it bustles with international events, and its airport was named as one of the world's best. Nine Fortune 500 companies and two Fortune 100 companies are headquartered here. If sports is your thing, the city’s got you covered there, too, with the Reds, Bengals, Cyclones, Bearcats, Musketeers, and the Cincinnati Masters tennis tournament all calling the city home.

Learn more about Cincinnati by visiting local community links:

Pittsburgh skyline

Pittsburgh

Ranked among the top places to live, work, and visit in the United States, Pittsburgh—a city of three rivers and 90 neighborhoods—is often recognized as one of the most livable cities with one of the most viable economies in the country. It’s a lively, midsized city that has a small-town feel thanks to the friendliness of its people, and the region boasts great culture, a rich history, and a strong work ethic. Home to our Pittsburgh Branch, the city offers an affordable standard of living, top-notch healthcare facilities, and numerous cultural attractions, making it a great place to live and work.

Learn more about Pittsburgh by visiting local community links: