Additional Departments and Positions
The Federal Reserve Bank of St. Louis has many other departments and positions; below are just a few examples.
Community Development
The Community Development staff work at the local, regional and national level to promote the economic resilience and mobility of low- and moderate-income (LMI) and underserved individuals and communities. They accomplish their work in many ways, including: conducting research and identifying emerging issues; developing resources and sharing ideas; and fostering collaboration and building partnerships. The department also includes the new Institute for Economic Equity which aims to examine how disenfranchised individuals and communities interact with the economy; identify disparities that suppress the ability of historically marginalized communities to participate and benefit from the economy; and advance evidence-based ideas to foster a more equitable economy. Typical positions include policy analysts, data scientists and outreach specialists.
People & Culture
The People & Culture department manages the Bank's competitive compensation and benefits programs, assists departments in recruiting quality employees and promotes employee development. Typical positions include recruiters, analysts, and payroll and benefits specialists.
Employee Engagement & Corporate Communications
The mission of the Employee Engagement & Corporate Communications division is to establish and conduct effective two-way communications programs that help inform the Federal Reserve System's work to achieve full employment, price stability, efficient and reliable payments services, and safe and responsible banking practices.
Employee Engagement & Corporate Communications is responsible for establishing and implementing the Bank’s internal and external communications strategy. The division produces and distributes publications for employees, bankers, scholars and other audiences; oversee and provide content, multimedia and programming services for the Bank’s internal and external websites; and administer the public relations, marketing, district outreach and government affairs programs. Typical positions include media relations specialists, web content strategists, editors, graphic designers and web developers.
Financial Management
The Financial Management department coordinates the budgeting process; provides timely and accurate records and reports of financial and cost-accounting information; procures services and supplies to support the Bank's operational and strategic initiatives; and offers cost-effective, consistent and accurate accounting services. Typical positions include accountants, procurement specialists and analysts.
Legal & Ethics
The Legal & Ethics department attorneys provide legal advice and training to the St. Louis Fed's management, provide ethics advice and training to all staff, identify and implement methods to mitigate legal risks, analyze proposed legislation of interest to the Bank, assist the Bank in complying with applicable laws, and support the board of directors and its committees.
Facilities
The Facilities department plans, coordinates and executes building modifications necessary to maintain the facility's infrastructure and performs all necessary functions in regard to maintenance, upkeep and cleanliness of the building. Typical positions include mechanics, painters, engineers and housekeepers.
Audit
The Audit department evaluates the adequacy of the Bank's systems of internal control, the extent of compliance with established procedures and regulations, and the effectiveness of Bank operations. This department is primarily staffed with auditors at all levels.
