Occ vs FRB

Anonymous
The worst dear. Get out.
Anonymous
Did you apply to the FED yet? Been there done that (OCC)
Anonymous
I interviewed at OCC once out of grad school for an econ position and it was not that fun.

As for the Fed - the SF one seems the most fun.
Anonymous
Anonymous wrote:I interviewed at OCC once out of grad school for an econ position and it was not that fun.

As for the Fed - the SF one seems the most fun.


All the real power and decision making is in NY and at the Board. The other Fed offices take their marching orders from DC and NY and their pay and relative lack of influence reflects that.
Anonymous
Anonymous wrote:Did you apply to the FED yet? Been there done that (OCC)



On my way to the door here. Lol.
I have passed the first round of interviews. How does the Fed set new employees' salaries? I believe I am now underpaid.
Anonymous
Anonymous wrote:
Anonymous wrote:Did you apply to the FED yet? Been there done that (OCC)



On my way to the door here. Lol.
I have passed the first round of interviews. How does the Fed set new employees' salaries? I believe I am now underpaid.


As cryptically as possible. They use their "prestige" to pay less than OCC and FDIC.
Anonymous
Anonymous wrote:
Anonymous wrote:Did you apply to the FED yet? Been there done that (OCC)



On my way to the door here. Lol.
I have passed the first round of interviews. How does the Fed set new employees' salaries? I believe I am now underpaid.


No idea. If you are miserable enough though, it may be worth taking a small paycut. Sometimes sanity comes with a price, unfortunately.

And, you seem to be in an insane environment.

Anonymous
Hmm. . . hard to see what is so "insane" about the OCC. Certainly the pace of work.
Anonymous
Anonymous wrote:Hmm. . . hard to see what is so "insane" about the OCC. Certainly the pace of work.


Certainly "not" the pace of work.
Anonymous
Managers who wreak havoc on the employees there -they exist! Overpaid managers who are users...
Anonymous
Anonymous wrote:Managers who wreak havoc on the employees there -they exist! Overpaid managers who are users...

Not unheard of at the Fed--but maybe less common?
Anonymous
For a long time, the OCC was the personal concierge to the banks. After a management change 2-3 years ago they are less of a banking lapdog, but are finding it hard to adapt to the new world.
Anonymous
What is lean six sigma???
Anonymous
Haha. "Management change" is one way to put it. The president appointed a new comptroller that has a completely different view of regulation, arguably or the better. All the rats from the old regime went scurrying to Promontory (e.g. Julie Williams)

Anonymous wrote:For a long time, the OCC was the personal concierge to the banks. After a management change 2-3 years ago they are less of a banking lapdog, but are finding it hard to adapt to the new world.
Anonymous
Anonymous wrote:Haha. "Management change" is one way to put it. The president appointed a new comptroller that has a completely different view of regulation, arguably or the better. All the rats from the old regime went scurrying to Promontory (e.g. Julie Williams)

Anonymous wrote:For a long time, the OCC was the personal concierge to the banks. After a management change 2-3 years ago they are less of a banking lapdog, but are finding it hard to adapt to the new world.



Horrible Place. Creepy. Lots of unethical behavior there.
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