Full-Time

Watch Engineer

Posted on 1/15/2025

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

$110.6k - $132.8kAnnually

Junior, Mid

New York, NY, USA

Employees must live within a commutable distance of New York, NY.

Category
Mechanical Maintenance and Reliability Engineering
Mechanical Engineering
Requirements
  • NY Low Pressure Boiler License
  • NY Refrigeration license
  • Must be able to obtain a NY DEP UST A/B certification
Responsibilities
  • Read and interpret schematics, blueprints, and any drawings or in-depth knowledge and practical skills in the trade.
  • Utilize the computerized maintenance management system (CMMS), e mail, and other electronic media for all administrative tasks involving the work order process in a 'paperless' environment.
  • Excellent knowledge of the Banks critical equipment operation.
  • Ability to analyze and foresee possible problems that may occur in relation to a particular assignment.
  • A thorough knowledge and remain current on Bank's facilities as pertaining to the areas of trade expertise.
The Federal Reserve System

The Federal Reserve System

View

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 goals. The primary aim of the Federal Reserve is to foster a strong economy and maintain a stable financial system, 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