By Taylor Brown – Nikki Kraft ’08, has recently been on campus recruiting Jewell upperclass students for career positions and internships at the Federal Reserve Bank of Kansas City. Responsibilities of the Federal Reserve include influencing the supply of money and credit; regulating and supervising financial institutions; serving as a banking and fiscal agent for the United States government; and supplying payments services to the public through depository institutions like banks, credit unions, and savings and loans. Payments services include issuing, transferring and redeeming U.S. government securities, processing and clearing checks, transferring funds, and supervising bank holding companies and member banks.
Upon graduation from Jewell with a degree in Business Administration, Ms. Kraft joined the Federal Reserve Bank where she is Senior Supervisor in the Protection Department. Among her many administrative responsibilities is that of college recruiting.
While many of the FRBKC’s recruiting teams focus on large colleges and universities, the bank has found it exceptionally rewarding to recruit on the William Jewell campus. There are currently 13 employees at the FRBKC that graduated from William Jewell, including Ms. Dawn Barnes Morhaus ’85, Senior Vice President, Treasury Services Division.
Career opportunities at the bank are increasing. The bank is seeking candidates for approximately 10-12 Analyst positions, as well as 10-12 Analyst Intern positions. Additionally, the bank considers new college graduates in the Supervision and Risk Management Division, seeking candidates for approximately 2-3 entry level Bank Examiner positions and two interns. Talented Jewell students are encouraged to explore career opportunities available at the bank and to attend recruiting events held on campus.
When interviewing candidates for positions at the bank, Ms. Kraft focuses on the student’s preparation. This includes effectively presenting accomplishments, specific examples of analytical skills and initiative, and demonstrating leadership in academic and extracurricular activities. She advises interviewees to be relaxed in an interview and realize it is an opportunity to share accomplishments and ask questions about the organization.
Asked what advice she would give to Jewell business students, Ms. Kraft recalled her freshmen year sitting in Gano Chapel with other freshmen when the speaker said, “You were in the top ten percent of your high school class, you were very involved in your work, and everyone around you here today was like that, as well.” In order to succeed and excel, you must distinguish yourself by thorough preparation and consistent performance.