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The Federal Reserve Bank of Cleveland presents a structured salary framework that varies significantly across roles. The average salary stands at $49,559, but this figure masks the broader spectrum of compensation available. For instance, those in high-demand roles such as economist research assistants, who are crucial for data analysis, can command salaries upwards of $145,457.
Other lucrative positions include policy advisors earning around $128,716 and bank examiners at about $103,802. In contrast, entry-level roles like department leads start at around $31,695, reflecting the varied nature of job responsibilities and market demands.
Departmental salaries also differ; the research and development department leads with an average of $96,773, while administrative positions tend to average lower salaries, around $34,906. Understanding these financial details can help applicants gauge their potential earnings and prepare for negotiations effectively.
The highest paying jobs at Federal Reserve Bank of Cleveland are economist research assistant, policy advisor, bank examiner, and principal research economist. Economist research assistant jobs at Federal Reserve Bank of Cleveland earn an average yearly salary of $145,457, Federal Reserve Bank of Cleveland policy advisor jobs average $128,716, and Federal Reserve Bank of Cleveland bank examiner jobs average $103,802.
The lowest paying Federal Reserve Bank of Cleveland roles include department lead and security/customer service. Federal Reserve Bank of Cleveland department lead average salary is $31,695 per year. So while the average Federal Reserve Bank of Cleveland salary is $49,559 there is a big variation in pay depending on the role.
| Rank | Job title | Average Federal Reserve Bank of Cleveland salary | Hourly rate |
|---|---|---|---|
| 1 | Economist Research Assistant | $145,457 | $69.93 |
| 2 | Policy Advisor | $128,716 | $61.88 |
| 3 | Bank Examiner | $103,802 | $49.90 |
| 4 | Principal Research Economist | $96,850 | $46.56 |
| 5 | Operations Engineer | $96,130 | $46.22 |
| 6 | ETL Developer | $89,934 | $43.24 |
| 7 | Technical Support Manager | $87,014 | $41.83 |
| 8 | Senior Examiner | $83,752 | $40.27 |
| 9 | SQL Server Developer | $81,343 | $39.11 |
| 10 | Information Specialist | $68,771 | $33.06 |
| 11 | Quality Assurance Engineer | $65,055 | $31.28 |
| 12 | Systems Administrator | $64,810 | $31.16 |
| 13 | Resource Manager | $60,920 | $29.29 |
| 14 | Business Analyst | $59,390 | $28.55 |
| 15 | Finance Analyst | $54,248 | $26.08 |
| 16 | Network Technician | $54,241 | $26.08 |
| 17 | Internal Auditor | $53,331 | $25.64 |
| 18 | Police Officer | $48,741 | $23.43 |
| 19 | Operation Supervisor | $46,144 | $22.18 |
| 20 | Banking Supervisor | $46,058 | $22.14 |
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Salaries at Federal Reserve Bank of Cleveland vary depending on the department you work in. Federal Reserve Bank of Cleveland salaries in the research & development department are the highest with an average salary of $96,773. Employees in the engineering department at Federal Reserve Bank of Cleveland receive relatively high salaries as well, with an average salary of $78,724 per year. Departments that don't pay as well at Federal Reserve Bank of Cleveland include the retail and the administrative organizational functions, with employees earning average salaries of $33,583 and $34,906, respectively.
| Rank | Department | Average Federal Reserve Bank of Cleveland salary | Hourly rate |
|---|---|---|---|
| 1 | Research & Development | $96,773 | $46.53 |
| 2 | Engineering | $78,724 | $37.85 |
| 3 | Finance | $61,481 | $29.56 |
| 4 | Human Resources | $56,153 | $27.00 |
| 5 | IT | $56,151 | $27.00 |
| 6 | Marketing | $53,896 | $25.91 |
| 7 | Accounting | $44,283 | $21.29 |
| 8 | Facilities | $39,173 | $18.83 |
| 9 | Non Profit/Government | $37,778 | $18.16 |
| 10 | Plant/Manufacturing | $35,496 | $17.07 |
| 11 | Customer Service | $35,348 | $16.99 |
| 12 | Administrative | $34,907 | $16.78 |
| 13 | Retail | $33,584 | $16.15 |
| Rank | Position | Average Federal Reserve Bank of Cleveland salary | Hourly rate |
|---|---|---|---|
| 1 | Bank Examiner | $103,802 | $49.90 |
| 2 | Quantitative Analyst | $84,463 | $40.61 |
| 3 | Senior Examiner | $83,752 | $40.27 |
| 4 | Finance Analyst | $54,248 | $26.08 |
| 5 | Banking Supervisor | $46,058 | $22.14 |
| 6 | Consultant | $45,029 | $21.65 |
| 7 | Investment Representative | $44,809 | $21.54 |
| 8 | Senior Loan Processor | $40,222 | $19.34 |
| 9 | Payment Processor | $32,882 | $15.81 |
| Rank | Position | Average Federal Reserve Bank of Cleveland salary | Hourly rate |
|---|---|---|---|
| 1 | Quality Assurance Lead | $70,823 | $34.05 |
| 2 | Quality Assurance Analyst | $63,380 | $30.47 |
| 3 | Lead Operator | $35,773 | $17.20 |
| 4 | Senior Process Operator | $35,089 | $16.87 |
| 5 | Process Checker | $34,191 | $16.44 |
| Rank | Position | Average Federal Reserve Bank of Cleveland salary | Hourly rate |
|---|---|---|---|
| 1 | Office Lead | $66,290 | $31.87 |
| 2 | Billing Supervisor | $48,272 | $23.21 |
| 3 | Executive Assistant To President | $44,744 | $21.51 |
| 4 | Records Administrator | $39,065 | $18.78 |
| 5 | Mail Processing | $34,296 | $16.49 |
| 6 | Administrative Assistant | $33,908 | $16.30 |
| 7 | Records Specialist | $33,386 | $16.05 |
| 8 | Clerk Checker | $32,651 | $15.70 |
| 9 | Data Entry Clerk | $32,254 | $15.51 |
| 10 | Data Entry Operator | $31,997 | $15.38 |
Average salaries at Federal Reserve Bank of Cleveland competitors, like Blackstone Group, Federal Reserve Bank of New York, and OCC, vary. Blackstone Group employees earn the highest salaries, with an average yearly salary of $96,791. The average salary at Federal Reserve Bank of New York is $92,408 per year, and the average salary at OCC is $91,809 per year.
| Rank | Company name | Zippia score | Average salary |
|---|---|---|---|
| 1 | Blackstone Group | 4.9 | $96,791 |
| 2 | Federal Reserve Bank of New York | 4.7 | $92,408 |
| 3 | OCC | 4.9 | $91,809 |
| 4 | Federal Reserve | 4.4 | $91,007 |
| 5 | Council of Federal Home Loan Banks | 4.9 | $80,194 |
| 6 | Federal Reserve Bank of Boston | 4.2 | $71,017 |
| 7 | Integrated Asset Services | 3.9 | $68,258 |
| 8 | HPG | 4.0 | $64,665 |
| 9 | Bankers' Bank | 4.4 | $64,551 |
| 10 | Standard Insurance Company | 4.8 | $62,368 |
| 11 | Federal Reserve Bank | 4.7 | $61,679 |
| 12 | Alloya Corporate FCU | 3.2 | $60,993 |
| 13 | Federal Reserve Bank Services | 4.1 | $60,964 |
| 14 | STL Federal Reserve Bank | 4.1 | $60,698 |
| 15 | Farm Credit System | 4.5 | $58,545 |
| 16 | Federal Reserve Bank of Richmond | 4.8 | $57,591 |
| 17 | Journal of Accountancy | 4.7 | $55,836 |
| 18 | Federal Reserve Bank of Dallas | 4.9 | $52,831 |
| 19 | Federal Reserve Bank of Minneapolis | 4.7 | $50,822 |
| 20 | Federal Reserve Bank of San Francisco | 4.7 | $44,690 |
| Job | Location | Date added | Salary |
|---|---|---|---|
| Facilities Engineer | Detroit, MI | 04/29/2025 | $99,882 |
| Senior Law Enforcement Officer (Night Shift P-7A) | Saint Louis, MO | 04/29/2025 | $58,600 |
| Payroll Tax Analyst | Richmond, VA | 04/29/2025 | $85,000 |
| Law Enforcement Police Officer | Baltimore, MD | 04/29/2025 | $48,800 |
| Summer Intern-Digital Multimedia Studio (Hybrid) | Philadelphia, PA | 04/29/2025 | $45,914 |
Zippia gives an in-depth look into the details of Federal Reserve Bank of Cleveland, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Federal Reserve Bank of Cleveland. The employee data is based on information from people who have self-reported their past or current employments at Federal Reserve Bank of Cleveland. 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 of Cleveland. The data presented on this page does not represent the view of Federal Reserve Bank of Cleveland and its employees or that of Zippia.
Federal Reserve Bank of Cleveland may also be known as or be related to Federal Reserve Bank Of Cleveland, Federal Reserve Bank of Cleveland and The Federal Reserve Bank of Cleveland.