FedNow Head of Engineering AVP-266920
FedNow Head of Engineering AVP-266920 Federal Reserve Bank of Boston Primary LocationMA-Boston Full-time / Part-timeFull-time Employee StatusRegular Overtime StatusExempt Job TypeExperienced TravelYes, 10 % of the Time ShiftDay Job Job Sensitivity Tier II CC@Hire/No CC@Rescreen
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 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 Head of Engineering owns all custom engineering and design for the FedNow platform, the first new Payments rail in 40 years. Working closely with the Heads of Architecture, Quality, Operations and Security, the Head of Engineering 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 40 years. The Head of Engineering reports to the FedNow Deputy CIO. You will lead and inspire a large team of engineers responsible for: Expertise you will bring- •Minimum of 8-10 years professional leadership experience including at least three years at a senior level. •A minimum of a Bachelor's degree in Engineering, Computer Science or Information Technology (masters preferred). Logistics & Requirements- •Travel within U.S. required – 25% of time 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. |