Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine® Solutions, FedNowSM, Fedwire®, National Settlement Service (NSS), FedCash®, FedACH® (Automated Clearing House), and Check Services. We are currently leading a strategic effort to transform FRFS to a national, enterprise-focused organization. Through our evolved structure, we will meet the needs of the marketplace for new products and services more quickly, seek to provide a more robust and unified customer experience across our financial service offerings, and create new career growth opportunities for FRFS staff. 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 to 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 this mission-critical Federal Reserve initiative that is transforming the payments landscape in the United States. The position will be primarily on-site with residency commutable to one of our offices required. The Senior Manager of Engineering owns engineering and design for the FedNow platform, the first new Payments rail in 50 years. Working closely with the Architecture and Security groups, this role will be responsible for ensuring that the technical deliverables that will underpin the FedNow service are world class in terms of design, performance, and quality, and leverages the technologies and solutions that will enable FedNow to deliver instant payment settlement for the next 50 years.
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Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed