FedNow Software Engineer

Position Overview

Federal Reserve Bank of Boston Federal Reserve Financial Services (FRFS) is launching the Fed Now real‑time gross settlement service. This role is a Software Engineer focused on developing high‑performance cloud solutions to power Fed Now and other Fed services. The position will be primarily on‑site and requires residency commutable to one of our offices.

• Design, develop, and implement complex solutions for Fed Now and Fed standards.
• Develop backend services in the Cloud and build Java application components, integrating with high‑performing, scalable, and reliable products.
• Provide technical leadership on complex projects and collaborate with Agile teammates to define user requirements, conduct design reviews, and deliver cloud applications using modern internet‑scale technologies and serverless architecture.
• Ensure software quality, prevent catastrophic defects, and maintain production reliability.
• Provide primary or backup production support, resolving production problems and processing issues.
• Ensure compliance with Fed policies, procedures, and standards.

• Bachelor’s degree in Computer Science, Information Systems, or equivalent background.
• 3–5 years of software engineering experience in a team‑based environment.
• Experience building and deploying cloud‑first architectures, including serverless implementations.
• Proficiency in Java; experience with Python and Type Script is a bonus.
• Experience with CI/CD, Dev Ops processes, and high‑performance, high‑volume, 24/7/365 environments.
• Experience with Agile methodologies (Scrum, Kanban, Lean, etc.).
• Proficient knowledge of operating systems (Linux, Unix, Windows) and relational databases (SQL, Oracle, DB2).
• Experience with AWS services and other leading‑edge cloud technologies (Kafka, No
  
  SQL, messaging, memcache, etc.).
• Strong communication skills and independent decision‑making abilities.
• Knowledge of cloud security for application development and deployment.
• Familiarity with IaC concepts;
  Terraform experience is a bonus.

Salary range: $132,300 – $165,400 – $198,500.

The Federal Reserve System is committed to a diverse and inclusive workplace and provides 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 and must be a resident of the United States for at least three years.

All applicants must pass a two‑phase security screening including a physical examination, drug screening, reference checks, and a security investigation. The second phase may include additional risk‑based checks, residency eligibility verification, interviews, and references. Management reserves the right to revise this job description at any time.