Work Culture
Our Mission
The fundamental mission of the Federal Reserve System is to foster the efficiency of the nation's monetary, financial and payment systems in order to promote a strong and stable economy.To support this mission, the Federal Reserve Bank of Chicago:
- Participates in the formulation and implementation of national monetary policy.
- Supervises and regulates state member banks, bank holding companies and foreign bank branches.
- Provides financial services to depository institutions and the U.S. government.
As you can see, the Federal Reserve System focuses on monetary, financial, and economic concerns. It takes a lot of talented people from different backgrounds and with varied skills to make this system work. Here is a sampling of the types of careers we offer, including central bank activities, financial services, support services, and positions in special hiring programs.
Our Vision
We serve the public interest by fostering a strong economy and promoting financial stability. We accomplish this with talented and innovative people working within a collaborative and inclusive culture.Our Environment
If you join our team, you will be a part of an environment that helps you grow and develop personally and professionally. We offer employees:- a diverse, inclusive, and welcoming environment
- opportunities to develop and grow
- a workplace grounded in core values
A commitment to open communication further defines our workplace. Our Open Communications Policy encourages ongoing discussion between employees and their department management. This helps foster an environment where employees can contribute and make a positive difference in our success.
Diversity and Inclusion
We support a diverse and inclusive work environment where employees are respected, treated fairly, and given equal opportunities to perform to their fullest potential. We nurture this environment through our Professional & Diversity Network Groups, Steering Groups, policies, vision, values, and much more.Valuing diversity doesn't mean just recognizing and respecting differences. It also involves embracing our similarities. It enables us to recognize and work together toward our common core values.
By valuing diverse experiences, styles, approaches, and ideas, we can achieve our goals, serve our stakeholders, and become a higher-performing organization. We provide resources, learning opportunities and management support to help employees align their behavior with the Bank's commitment to diversity.
Our Core Values
Our values represent what is most important to us as an organization. They guide us in our daily work. They also provide a broad framework against which we measure our success.Integrity
We're dedicated to and accountable for the highest standard of integrity. It's the foundation upon which our other core values are based and should be reflected in all of our actions.Respect
We recognize and accept our different strengths and weaknesses and base all relationships on mutual respect, fairness, and teamwork.Responsibility
We're responsible individually and collectively for meeting our commitments to the public, to the financial community, and to one another and for preserving the integrity of the Federal Reserve System.Excellence
We're committed to setting the standard for excellence in the Federal Reserve System. We continuously strive to achieve the optimal balance among quality, efficiency, reliability, and innovation.Professional & Diversity Network Groups
The Bank's Professional & Diversity Network Groups share and promote common interests. Some celebrate their particular history or heritage month. Others offer support for continuing education and professional development. All provide great opportunities for involvement in internal and external events and foster networking across the bank.Our Network Groups also promote an inclusive work environment through speakers and networking events. They are employee-run and offer leadership and development opportunities.
Professional Network Groups:
- Graduate Leadership Council
- Higher Education Resource Organization
- Support Professionals & Administrative Assistants Network
- Toastmasters Club
Diversity Network Groups:
- African American Association for Personal and Professional Growth
- Latino Resource Association
- Seventh District Friends of Lesbians & Gays
- Women's Impact Network
Steering Groups
The Professional & Diversity Steering Groups, partners with the Network Groups to promote an inclusive and productive work environment. Together the Steering Groups and the Network Groups are committed to offering employees opportunities to share and celebrate their interests and grow and develop personally and professionally.EEO Statement
It is the policy of the Federal Reserve Bank of Chicago to fill each position with the individual who is the best qualified for the requirements of that position, to provide equal opportunity in employment for all persons, and to prohibit discrimination in employment because of race, color, religion, sex, national origin, age, disability, or sexual orientation.As an Equal Opportunity Employer, we ensure that our work environment provides equal opportunity and is free of discriminatory practices for all staff. We also work hard to attract, develop and retain the best available talent.
