FedNow Senior Software Engineer

Company

Federal Reserve Bank of Boston

Federal 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 

Expertise you 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 / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Information Technology Family Group

Work Shift

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.

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