FedNow Lead Software Engineer

| Greater Boston Area | Remote | Hybrid
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Company
Federal Reserve Bank of Boston
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.
A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank's vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank
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 work required is considered highly 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 Lead Software Engineer: to design, develop and implement new complex solutions in accordance with FedNow and Fed Standards
  • Develops software solutions in Java, Spring, Terraform, NoSQL and RDS in the 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


  • In addition to being able to engineer across numerous areas of technology, you'll serve 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
  • Demonstrates skill dexterity; seeking to continuously adapt and employ new technical skills alongside proven staples
  • 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


Expertise you will bring-

  • 8+ years of Java Development
  • 4+ years working with AWS cloud-based platforms in an enterprise environment.
  • Demonstrated experience engineering software with cloud-first architectures
  • 10+ 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& Requirements-

  • 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)
  • Ideally, you'll have experience with AWS services, and integrating them into an application
  • Ideally you'll have experience with leading edge Cloud technologies, such as Kafka, in-memory and NoSQL databases, messaging platforms, memcache etc).
  • 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
  • Ideally, Infrastructure as Code (IAC); Terraform


Nice to Have-

  • Experience with API Development and consumption and microservices architecture
  • Experience with agile development methodology
  • 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
  • Infrastructure as Code (IAC); Terraform


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.
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
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • ReactLibraries
    • TerraformLibraries
    • RsocketLibraries
    • RDSLibraries
    • SpringFrameworks
    • NoSQLDatabases
    • aerospikeDatabases

Location

Centrally located next to Boston's South Station between the Financial District and the Boston Seaport neighborhood.

What are Federal Reserve Bank of Boston Perks + Benefits

Federal Reserve Bank of Boston Benefits Overview

The Boston Fed has very comprehensive compensation and benefits offerings, allowing us to focus on work-life balance while supporting the Bank’s primary focus - Public Service That Makes a Difference®.

In addition to great healthcare, dental, prescription, and vision coverage, the Boston Fed offers a comprehensive Employee Assistance Program (EAP), health and dependent care flexible spending accounts. These benefits are available to employees, their qualified families, and domestic partners. The Boston Fed also has an onsite, state-of-the-art fitness facility, offers season flu shots, and wellness screenings.

Culture
Volunteer in local community
The Boston Fed participates in local volunteer activities and provides each employee with two paid volunteer days.
Partners with nonprofits
Through the work of our Employee Resource Groups (ERG's) and other departments within the Boston Fed, we partner with local Non Profits as a way to give back to the communities where we live and work.
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
We believe a hybrid remote/in-office arrangement is part of the future of work at the Boston Fed, which will ultimately offer more flexibility.
Remote work program
Remote work options include: • Office-based • Hybrid/scheduled • Hybrid/ad hoc • Primarily remote
Diversity
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
The Boston Fed offers employees the chance to participate in employee resource groups (ERGs) and affinity groups with a specific interest. ERGs and affinity groups are a valuable component of the Bank
Hiring practices that promote diversity
We believe in the strength that comes from diverse perspectives, ideas, and approaches to solving important business problems. Our organization embraces diverse employees, constituents, and community
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Team workouts
Mental health benefits
.
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Child Care & Parental Leave Benefits
Childcare benefits
Federal Reserve Bank of Boston provides backup child care assistance, including tutoring, in-home childcare and virtual child care assistance.
Generous parental leave
Family medical leave
Adoption Assistance
The Bank provides up to $5,000 in reimbursement associated with the cost of adopting a child.
Restricted work hours
Return-to-work program post parental leave
Company sponsored family events
The Fed Society plans family oriented events a few times throughout the year.
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
The Federal Reserve Bank of Boston encourages employees to give back with paid volunteer time up to 16 hours a year.
Paid holidays
Paid sick days
Office Perks
Commuter benefits
The Federal Reserve Bank of Boston offers pre-tax commuter benefits for all employees through Wage Works, including a $90 subsidy toward your transit monthly passes.
Company-sponsored outings
Recreational clubs
Fitness stipend
The Bank offers a free on-site fitness center, including classes and open 24 hours a day.
Onsite gym
Professional Development Benefits
Job training & conferences
The Boston Fed offers employees professional development opportunities like onsite training courses and the ability to attend job related conferences and seminars.
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

At a time when many organizations no longer offer a traditional pension plan, the Federal Reserve’s Retirement Plan is recognized for the value it provides in helping secure employees’ financial future during their retirement years. Fed employees are automatically enrolled in our pension plan.

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