Primary Location

 MA-Boston

Full-time / Part-time

 Full-time

Employee Status

 Regular

Overtime Status

 Exempt

Job Type

 Experienced

Travel

 Yes, 25 % of the Time

Shift

 Day Job

FedNow Business Operations Senior Analyst 

FedNow-

The Federal Reserve is developing a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow service. This service will help enable 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.

Position Contributions –

The business operations senior analyst will contribute to the testing support and integration team for the FedNow application. The business operations senior analyst will be a subject matter expert to define business requirements and feature roadmaps. The analyst will work closely with other teams within FedNow to ensure a seamless operation.

What will be expected of you: –

• Develop subject matter expertise by contributing to business requirements and feature roadmaps from concept through delivery

• Lead and participate in agile activities (Release / Sub-Release Planning, Sprint Planning, Daily Stand Up’s, Product Backlog Refinement, Sprint Review, Sprint Retrospective)

• Assist in developing test strategies, use cases and testing activities as the business operations expert

• Actively support and promote a continuous improvement environment

• Flexibility to support a growing organization through multiple roles

Expertise you would bring –

• Bachelor’s degree with at least 5 years relevant work experience

• Strong analytical and problem-solving skills with demonstrated ability to quickly gather, analyze and synthesize information

• Technical background with proven experience in an operations environment

• Initiative and innovation toward improving efficiency, enhancing effectiveness, and achieving high-quality results

• Strong collaboration, influencing skills, and verbal and written communication skills

• Strong organizational and time management skills

• Ability to work in a demanding environment and handle multiple competing priorities

• Ability to work in an office environment and/or remotely as applicable

It's added value if you have-

• Experience working with payments systems (preferred)

• Expertise in work flow management and testing

• Experience working with agile software tools such as Octane, Jira, VersionOne, Trello

• Experience with other tools Splunk, Elastic, Gherkin, Cucumber, Tableau 

The Federal Reserve Bank of Boston 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.