Full-Time

Federal Reserve Consumer Help Representative

Posted on 12/11/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$38.3k - $54.5kAnnually

Entry, Junior

No H1B Sponsorship

Kansas City, MO, USA

Hybrid position with 50% on-site requirement in Kansas City, MO; not eligible for remote work.

Category
Customer Support
Customer Success & Support
Required Skills
Word/Pages/Docs
Requirements
  • Typically requires an Associate’s degree or equivalent combination of education and/or directly related work experience.
  • Typically requires no relevant experience
  • Strong verbal and written communication skills, including active listening, reading comprehension, accurate spelling and grammar, and articulate speaking and writing.
  • Proficiency in computer and keyboarding skills including Microsoft Word, Internet navigation, email and instant messaging programs.
  • Ability to navigate within multiple applications concurrently.
Responsibilities
  • Use documented procedures and other resources to research and respond timely and accurately to consumer inquiries and complaints of varying difficulty levels with minimal assistance.
  • Gather and review information from multiple documentation sources in order to reach conclusions and route complaints and inquiries to the appropriate regulator.
  • Respond to incoming phone inquiries from the general public regarding consumer protection topics and potential consumer complaints and provide appropriate resources or referrals.
  • Develop and maintain general knowledge and keep abreast of changes to applicable consumer regulations and policies as well as internal operation procedures, applications, databases and tools.
  • Use designated computer applications to document interactions and actions taken for each consumer contact.
  • Identify and escalate issues to more experienced staff or management, as appropriate.
  • Work both independently and in a team environment by assisting and collaborating with peers in a cross-site, virtual environment.
  • Meet baseline Key Performance Indicator (KPI) expectations.
  • Participate in application and contingency testing, as directed.
  • Complete ad-hoc projects and/or assignments, as directed.
Desired Qualifications
  • One to three years’ experience with open-ended customer interactions requiring well-reasoned, independent decisions based on multiple alternatives preferred.
  • Bi-lingual in Spanish preferred.
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its economic goals. The primary goal of the Federal Reserve is to foster a stable financial system and a healthy economy, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Simplify Jobs

Simplify's Take

What believers are saying

  • FedNow Service's expansion could improve transaction efficiency and customer satisfaction.
  • Increased focus on digital currency may enhance regulatory and innovation capabilities.
  • Basel III Endgame discussions may strengthen financial system resilience.

What critics are saying

  • Leadership changes may lead to shifts in policy direction.
  • Large bank mergers could increase scrutiny on competition and fair lending.
  • Slow adoption of FedNow by major banks may hinder its effectiveness.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States.
  • It plays a crucial role in formulating national monetary policy.
  • The Fed supervises and regulates banks and bank holding companies.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

401(k) Retirement Plan

Paid Vacation

Paid Sick Leave

Paid Holidays

Pet Insurance

Wellness Program

INACTIVE