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Federal Reserve Bank Services salary estimate

$60,964yearly

$29.31 hourly rate

Entry-level salary
$30,000 yearly salary
Updated April 25, 2024

Salary Overview at Federal Reserve Bank Services

The average annual salary at Federal Reserve Bank Services stands at $60,964. This figure represents a diverse range of positions within the bank, with salaries varying based on department and role. For instance, finance and IT positions tend to offer higher compensation, reflecting the specialized skills required in these fields.

Key roles within the finance department often command competitive salaries, while IT positions are critical for supporting the bank's technology infrastructure. Many employees benefit from additional perks such as retirement plans and health benefits.

Understanding these salary dynamics can help job seekers tailor their applications to meet the bank's expectations. By aligning your skills with the needs of the Federal Reserve Bank Services, you can enhance your career prospects and financial potential.

Highest paying jobs at Federal Reserve Bank Services

The highest paying jobs at Federal Reserve Bank Services are economist, vice president, corporate communications, at-risk specialist, and bank examiner. Economist jobs at Federal Reserve Bank Services earn an average yearly salary of $163,227, Federal Reserve Bank Services vice president, corporate communications jobs average $136,784, and Federal Reserve Bank Services at-risk specialist jobs average $128,886.

The lowest paying Federal Reserve Bank Services roles include processor and receiving clerk. Federal Reserve Bank Services processor average salary is $32,011 per year. So while the average Federal Reserve Bank Services salary is $60,964 there is a big variation in pay depending on the role.

Highest paying jobs at Federal Reserve Bank Services

RankJob titleAverage Federal Reserve Bank Services salaryHourly rate
1Economist$163,227$78.47
2Vice President, Corporate Communications$136,784$65.76
3At-Risk Specialist$128,886$61.96
4Bank Examiner$122,238$58.77
5Risk Management Specialist$116,909$56.21
6Senior Examiner$112,858$54.26
7Operations Lieutenant$97,777$47.01
8Devops Engineer$94,813$45.58
9Operations Manager$92,569$44.50
10Senior Analyst$87,322$41.98
11LAN Administrator$81,429$39.15
12Project Manager$80,460$38.68
13Consultant$73,796$35.48
14Systems Administrator$65,903$31.68
15Finance Analyst$59,640$28.67
16Staff Internal Auditor$57,453$27.62
17Recruiter$54,027$25.97
18Marketing Professional$53,642$25.79
19Research Associate$53,473$25.71
20Police Officer$52,071$25.03

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Federal Reserve Bank Services salaries by department

Salaries at Federal Reserve Bank Services vary depending on the department you work in. Federal Reserve Bank Services salaries in the finance department are the highest with an average salary of $95,498. Employees in the engineering department at Federal Reserve Bank Services receive relatively high salaries as well, with an average salary of $86,955 per year. Departments that don't pay as well at Federal Reserve Bank Services include the warehouse and the administrative organizational functions, with employees earning average salaries of $33,750 and $37,728, respectively.

Average Federal Reserve Bank Services salary by department

RankDepartmentAverage Federal Reserve Bank Services salaryHourly rate
1Finance$95,498$45.91
2Engineering$86,955$41.81
3IT$74,560$35.85
4Accounting$60,796$29.23
5Education$60,393$29.04
6Marketing$60,022$28.86
7Human Resources$52,293$25.14
8Customer Service$49,720$23.90
9Research & Development$46,122$22.17
10Non Profit/Government$42,583$20.47
11Plant/Manufacturing$39,727$19.10
12Retail$39,520$19.00
13Administrative$37,728$18.14
14Warehouse$33,750$16.23

How much does Federal Reserve Bank Services pay by department?

Best paying Federal Reserve Bank Services finance salaries

RankPositionAverage Federal Reserve Bank Services salaryHourly rate
1Economist$163,227$78.47
2Policy Advisor$149,683$71.96
3Risk Manager$130,046$62.52
4At-Risk Specialist$128,886$61.96
5Bank Examiner$122,238$58.77
6Cash Manager$121,405$58.37
7Risk Management Specialist$116,909$56.21
8Senior Examiner$112,858$54.26
9Senior Analyst$87,322$41.98
10Consultant$73,796$35.48
11Finance Analyst$59,640$28.67
12Banking Supervisor$54,195$26.06
13Finance Internship$34,517$16.59

Best paying Federal Reserve Bank Services IT salaries

RankPositionAverage Federal Reserve Bank Services salaryHourly rate
1Enterprise Architect$124,749$59.98
2Technical Support Manager$114,393$55.00
3Senior Project Manager$93,272$44.84
4Systems Analyst$84,601$40.67
5LAN Administrator$81,429$39.15
6MIS Analyst$80,360$38.63
7Project Leader$68,546$32.95
8Systems Administrator$65,903$31.68
9Audit Specialist$55,869$26.86
10Information Operator$46,407$22.31
11Senior Computer Operator$38,177$18.35
12Services Desk Technician$36,306$17.45
13Technical Support Specialist$34,786$16.72
14Information Technology Internship$34,218$16.45
15Network Internship$33,447$16.08

Best paying Federal Reserve Bank Services marketing salaries

RankPositionAverage Federal Reserve Bank Services salaryHourly rate
1Communications Manager$91,061$43.78
2Senior Business Analyst$85,122$40.92
3Communications Analyst$67,039$32.23
4Speech Writer$62,603$30.10
5Outreach Manager$56,625$27.22
6Marketing Professional$53,642$25.79
7Web Content Specialist$51,327$24.68
8Outreach Coordinator$45,646$21.95
9Public Information Specialist$42,539$20.45
10Event Coordinator$39,075$18.79
11Public Affairs Internship$34,185$16.44
12Marketing Internship$32,323$15.54

Federal Reserve Bank Services competitors’ average salaries

Average salaries at Federal Reserve Bank Services competitors, like Morgan Stanley, Federal Reserve Bank of New York, and BMC Group, vary. Morgan Stanley employees earn the highest salaries, with an average yearly salary of $103,933. The average salary at Federal Reserve Bank of New York is $92,408 per year, and the average salary at BMC Group is $86,492 per year.

Highest paying Federal Reserve Bank Services competitors

Frequently asked questions about Federal Reserve Bank Services salaries

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Zippia gives an in-depth look into the details of Federal Reserve Bank Services, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank Services. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank Services. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Federal Reserve Bank Services. The data presented on this page does not represent the view of Federal Reserve Bank Services and its employees or that of Zippia.