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Additional Departments and Positions

The Federal Reserve Bank of St. Louis has many other departments and positions; below are just a few examples.

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.

Cash

Cash Operations is the currency and coin function of the Federal Reserve Bank. Its primary customers are banks and credit unions throughout the Eighth District. Positions in the Cash department typically include cash specialists, analysts and clerks.

Facilities Management

The Facilities Management 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.

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.

Human Resources

The Human Resources 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.

Legal

The Legal department’s 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.

Public Affairs

The mission of the Public Affairs division is to establish and conduct effective two-way communications programs that help the Federal Reserve System develop, explain and win support for monetary policy focused on price stability, efficient and reliable payments services, and safe and responsible banking practices.


Public Affairs 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 Specialist
  • Web Content Strategist
  • Editor
  • Graphic Designer
  • Web Developer
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Innovative Thinking

Three men look at a computer monitor at an innovation event.

Whether it’s a product like the Bank’s popular FRED® database, which provides economic data from around the globe, or finding a way to introduce sustainable practices—like recycling cash shreds into mulch—innovative ideas are encouraged and implemented every day at the St. Louis Fed.


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