Federal Reserve Bank

FedNow Senior Software Engineer

Federal Reserve Bank$149K — $224K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of Java development experience
  • 3+ years working with AWS cloud-based platforms in an enterprise environment
  • Experience with Serverless architecture and cloud-first software engineering
  • 5+ years of software engineering experience in a team-based environment
  • Bachelor's degree in Computer Science or related field

Responsibilities

  • Design, develop, and implement complex software solutions for the FedNow service
  • Develop front-end and back-end software solutions in the cloud
  • Create end-to-end Infrastructure-as-Code solutions
  • Provide input for strategic planning of software solutions
  • Serve as subject matter expert in specific technology areas
  • Consult and train on troubleshooting complex production issues
  • Collaborate in an Agile team to define user requirements and develop cloud applications

Benefits

  • Opportunity to work on transformative financial technology
  • Involvement in a mission-critical initiative at the Federal Reserve
  • Engage with cutting-edge technologies and innovative solutions
  • Collaborative work environment with cross-functional teams
  • On-site position enhancing teamwork and communication skills
Full Job Description
Company
Federal Reserve Bank of Boston

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,youllserve 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,youllhave experience with AWS services, and integrating them into anapplication

  • Ideallyyoullhave 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 applicants background, skills, internal equity, and alignment with market data. Whether youre 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.

Full Time / Part TimeFull time

Regular / TemporaryRegular

Job Exempt (Yes / No)Yes

Job Category

About Federal Reserve Bank

Industry
Founded
1913

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