Federal Reserve Bank of BostonFederal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine® Solutions, Fedwire® Funds and Securities, the National Settlement Service (NSS), FedCash®1, FedACH®, Check Services, and the FedNow® Service. FRFS operates as a fully integrated organization with groups dedicated to customer experience, operations, technology, product and customer/industry management, enterprise services, payments system improvement, and one focused on the ongoing growth and development of the FedNow instant payment service. Our strategy defines our future direction, seeking to offer a fully integrated product suite that provides speed, resilience, and choice in meeting the payments needs of FRFS customers across the United States. Through our Enterprise structure, we strive to meet the needs of the marketplace for new products and services with speed and agility, seek to provide a robust and unified customer experience, and work to create career growth opportunities for FRFS staff.
The FRFS Enterprise operates with a customer-first mindset, comprised of team members seeking to do the best work of their careers in pursuit of our important central bank mission.
The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow service. This service enables financial institutions provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of a new mission-critical Federal Reserve initiative that will be transformative to the payments landscape in the United States.
The position will be primarily on-site with residency commutable to one of our offices required.
Position Contributions-
Top level technical expert in one or more highly specialized areas of applications systems analysis and programming. Responsible for software design, coding, testing, debugging, and documentation. Has full technical knowledge of all phases of applications systems analysis and development. Provides technical leadership on complex projects. Interacts with internal project teams and work groups regularly. level of workrequiredis considered advanced and staff must be able to work under minimal supervision. This job does not have any direct reports. You have an appetite to learn, and a passion for technology, innovation, and developing new skills on evolving technologies.
What will be expected of you-
Serves as a Senior Software Engineer: to design, develop and implement new complex solutionsin accordance withFedNowand Fed Standards
Develops software solutions (front end SPA and backend) inCloud
Develop end to end Infrastructure-as-Code solutions inCloud
Provides input into strategic and tactical planning of software solutions and software development lifecyclechanges
In addition to being able to engineer acrossnumerousareas of technology,you’llserve as subject matter expert in one or moreareas
Trains and consults cross functionally within the organization on troubleshooting/resolvinghighly complexand/or highly time criticalproblems
Collaborates with analysts as part of an integrated Agile team to define user requirements and conduct design review for the development of complex andinnovative cloud applications using modern internet-scale technologies and Serverless architecture inCloud
Demonstrates skill dexterity;seekingto continuously adapt and employ new technical skills alongside provenstaples
Ensures that the quality of software developed,maintainedand enhanced in-house and installed into production is sufficient to prevent the occurrence of catastrophic defects that cause the customer significant problems, missed deadlines, or interruption to the productionenvironment
Ensure compliance with Fed policies,proceduresandstandards
Provides primary or backup production support for applications and components, including but not limited totimelyresolution to production problems and processingissues
Expertiseyou will bring-
8+ years of Java Development
3+ years working with AWS cloud-based platforms in an enterprise environment.
Demonstrated experience engineering software with cloud-firstarchitectures
5+ years software engineering experience in a team-based environment
Experience with building and deploying solutions inCloud
Experience with Serverless architecture for building software solutions inCloud
Experience with CI/CD build tools, and DevOpsprocesses
Experience developing highperformance, highvolume,highly available
(24/7/365) environments
Experience with Agile software engineering (Scrum, Kanban, Leanetc)
Bachelor's degree in Computer Science, Information Systems,
Logistics& Requirements-
Deepexpertisein Java and proficient knowledge of programming languages (JavaScript, XML, JSON, HTML, CSS etc. Python a bonus)
Proficient knowledge of operating systems (Linux, Unix, Windows)
Proficient knowledge of database development (SQL, Oracle, DB2)
Ideally,you’llhave experience with AWS services, and integrating them into anapplication
Ideallyyou’llhave experience with leading edge Cloud technologies, such as Kafka, in-memory and NoSQL databases, messaging platforms,memcacheetc).
Demonstrates independent thinking and decision-makingabilities
Demonstrates excellent written and oral communicationabilities
Proficient knowledge of cloud security for application development and delivery
Advanced knowledge of object-oriented programming
Ideally, Infrastructure as Code (IAC);Terraform
Nice to Have-
Experience with API Development and consumption and microservicesarchitecture
Experience with agile developmentmethodology
AWS Certifications
Knowledge of technology project and secure coding standards
Strong interpersonal, teamwork and negotiation skills
Strong customer service skills
Strong problem solving and critical thinkingskills
Familiarity with usability techniques and best practices
Infrastructure as Code (IAC);Terraform
The salary range for this position is $149,900 - $187,400 - $224,900. The Boston Fed believes in salary transparency. The final salary and offer will be determined by the applicant’s background, skills, internal equity, and alignment with market data. Whether you’re developing into the job or are a more seasoned candidate, we aim to pay competitively. If you reside outside of the 1st District, you may be hired by your local Federal Reserve District and compensation will follow hiring District's range and policy.
The Federal Reserve System is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.
For this job, any offer of employment is contingent upon successfully passing a two-phase security screening. The first phase consists of the satisfactory completion of a physical examination (including a drug screening), reference checks, and a security investigation consisting of credit and criminal history checks.
The second phase, which might not be complete until after you begin working at the Reserve Bank, is an additional risk-based security screening determined by the risk rating of the position. Depending upon the sensitivity of the position, this phase may include, and is not limited to, work and residency eligibility verification, and personal interviews with the candidate, references, and prior employers.
All applicants must have resided in the United States for at least three (3) years
Full time
Regular
Yes
Information Technology Family Group
First (United States of America)
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
The Federal Reserve System is the Central Bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible and more stable monetary and financial system. Over the years, its role in banking and the economy has expanded.
Today the Federal Reserve's duties fall into four general areas:
Conducting the nation's monetary policy by influencing the monetary and credit conditions in the economy in pursuit of maximum employment, stable prices and moderate long-term interest rates.
Supervising and regulating banking institutions to ensure the safety and soundness of the nation's banking and financial system and to protect the credit rights of consumers.
Maintaining the stability of the financial system and containing systemic risk that may arise in financial markets.
Providing financial services to depository institutions, the U.S. government, and foreign official institutions, including playing a major role in operating the nation's payments system.
