The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
The Outreach and Education function engages, empowers and educates the Second District communities that the Bank serves, especially civic leaders, students, educators, small business owners, policymakers and the general public. It furthers the Bank's commitment to the region by listening to the communities we serve and leveraging our unique attributes to positively impact school and university programs, as well as analysis and research.
"I used to think that running an organization was equivalent to conducting a symphony orchestra. But I don't think that's quite it; it's more like jazz. There is more improvisation."
Intense competition, new technologies and the need for more efficient, high quality services are transforming the U.S. and global economies. As the nation's central bank, the Federal Reserve must ensure that its staff are well trained and ready to meet all the challenges that lie ahead. These challenges require the ability to improvise and think creatively.
That is why we strive to be a learning institution. Employees are trained to be leaders who are inclusive, strategic thinkers and innovators, with strong communication and delegation skills.
The Fed has strong internal and external resources for learning, including an exceptional curriculum in leadership, communication, technology, and personal/professional development. Each employee has a primary responsibility for his or her own career development and our leaders take responsibility by providing the opportunity for career development discussions to take place.
Our staff is also encouraged to continue their formal education by using the Bank's generous Tuition Assistance Program, which may cover individual classes, certificate programs and degree programs.