FedNow Senior Software Engineer

Federal Reserve Bank of Philadelphia • Boston, MA

8h • Onsite

About The Position

The Federal Reserve Bank of Boston's Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions. FRFS operates as a fully integrated organization with various groups dedicated to customer experience, operations, technology, product and customer/industry management, enterprise services, payments system improvement, and the ongoing growth and development of the FedNow instant payment service. Our strategy focuses on offering a fully integrated product suite that provides speed, resilience, and choice to meet the payments needs of FRFS customers across the United States. Through our Enterprise structure, we aim to meet the marketplace demands for new products and services with speed and agility, provide a robust and unified customer experience, and 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 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 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. This role serves as a top-level technical expert in one or more highly specialized areas of applications systems analysis and programming. The individual is responsible for software design, coding, testing, debugging, and documentation, possessing full technical knowledge of all phases of applications systems analysis and development. They will provide technical leadership on complex projects, interacting regularly with internal project teams and work groups. The level of work is considered advanced, and staff must be able to work under minimal supervision. This job does not have any direct reports. The ideal candidate has an appetite to learn and a passion for technology, innovation, and developing new skills on evolving technologies.

Requirements

• 8+ years of Java Development
• 3+ years working with AWS cloud-based platforms in an enterprise environment
• Demonstrated experience engineering software with cloud-first architectures
• 5+ years software engineering experience in a team-based environment
• Experience with building and deploying solutions in Cloud
• Experience with Serverless architecture for building software solutions in Cloud
• Experience with CI/CD build tools, and DevOps processes
• Experience developing high performance, high volume, highly available (24/7/365) environments
• Experience with Agile software engineering (Scrum, Kanban, Lean etc )
• Bachelor's degree in Computer Science, Information Systems, Logistics
• Deep expertise in 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)
• Demonstrates independent thinking and decision-making abilities
• Demonstrates excellent written and oral communication abilities
• Proficient knowledge of cloud security for application development and delivery
• Advanced knowledge of object-oriented programming
• Infrastructure as Code (IAC); Terraform

Nice To Haves

• Experience with AWS services, and integrating them into an application
• Experience with leading edge Cloud technologies, such as Kafka, in-memory and NoSQL databases, messaging platforms, memcache etc )
• Ideally, Infrastructure as Code (IAC); Terraform
• Experience with API Development and consumption and microservices architecture
• Experience with agile development methodology
• 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 thinking skills
• Familiarity with usability techniques and best practices

Responsibilities

• Serves as a Senior Software Engineer to design, develop and implement new complex solutions in accordance with FedNow and Fed Standards
• Develops software solutions (front end SPA and backend) in Cloud
• Develop end to end Infrastructure-as-Code solutions in Cloud
• Provides input into strategic and tactical planning of software solutions and software development lifecycle changes
• Serves as subject matter expert in one or more areas
• Trains and consults cross functionally within the organization on troubleshooting/resolving highly complex and/or highly time critical problems
• Collaborates with analysts as part of an integrated Agile team to define user requirements and conduct design review for the development of complex and innovative cloud applications using modern internet-scale technologies and Serverless architecture in Cloud
• Ensures that the quality of software developed, maintained and 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 production environment
• Ensure compliance with Fed policies, procedures and standards
• Provides primary or backup production support for applications and components, including but not limited to timely resolution to production problems and processing issues

Benefits

• 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.
• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior