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Federal Reserve Bank of New York in Boston is seeking a qualified individual to operate the FedNow Program, focusing on enhancing the payments landscape nationally. The position requires expertise in AWS environments, strong communication, and a background in infrastructure or software engineering.
Successful candidates will be responsible for producing CI/CD automation and ensuring reliability in distributed systems. A salary range of $140,000 - $210,900 is offered for this critical role.
Federal Reserve Bank of Boston, 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.
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. Candidates may come from infrastructure/DevOps backgrounds or software engineering backgrounds (e.g., Java, Python, Go) with strong interest in operating and improving reliability of distributed production systems.
The salary range for this position is $140,000 - $210,900.
The Federal Reserve Bank of Boston is committed to providing 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/ 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 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.
All applicants must have resided in the United States for at least three (3) years.