Company
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. Through our evolved structure, we will meet the needs of the marketplace for new products and services more quickly, seek to provide a more robust and unified customer experience across our financial service offerings, and create new career growth opportunities for FRFS staff.
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.
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.
Position Contributions-
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 Principal Data Engineer: to design, develop and implement end-to-end data pipelines for ingestion, transformation, and distribution, supporting both batch and streaming workloadsin accordance withFedNowand Fed Standards.??
Developssoftware solutions that are reusable, well-documented, andoptimizedfor Analytics, BI, and AI/ML consumers. Implements and manages modern data lake and Lakehouse architectures, including Apache Iceberg table formats.?
Optimizesdata platforms for performance, scalability, cost efficiency, and reliability. Collaborates closely with architects, product managers, analytics teams, and platform engineers to align data solutions with business needs.?
Defines and enforces data quality standards, implementing automated validation and monitoring.?
In addition to being able to engineer acrossnumerousareas of technology,you'llserve as subject matter expert in one or more areas
Trains andconsultscross functionally within the organization on troubleshooting/resolvinghighly complexand/or highly time critical problems
Collaborateswith analysts as part of an integrated Agile team to define user requirements and conduct designreviewfor the development of complex and innovative cloud applications using modern internet-scale technologies and Serverless architecture in Cloud
Demonstrates skill dexterity;seekingto continuously adapt and employ new technical skills alongside proven staples
Ensuresthat the quality of software developed,maintainedand 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,proceduresand standards
Provides primary or backup production support for applications and components, including but not limited totimelyresolution to production problems and processing issues
Expertise you will bring-
8+ years of implementing data-intensive solutions using agile methodologies (Scrum, Kanban, Leanetc).
4+ years working with AWS cloud-based platforms in an enterprise environment.?
Experience designing and buildingperformant, resilient big data solutions.
Deepexpertisein programming languagesusedin data engineering such as Python and Java .?
Experience developing high performance, high volume,highly available
(24/7/365) environments
Experience with Agile software engineering (Scrum, Kanban, Leanetc)
Bachelor's degree in Computer Science, Information Systems,?
Logistics& Requirements-
Deep expertise in Python and Java and proficient knowledge of programming languages (JavaScript, XML, JSON, HTML, CSS etc.)
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
Salary
The salary range for this position is $173,400.00 - $216,700.00 - $260,000.00. The Boston Fed believes in salary transparency. The final salary and offer will be determined by the applicant's background, skills, internal equity, and alignment with market data. Whether you're developing into the job or are a more seasoned candidate, we aim to pay competitively. The position and job description posted is for a Principal Software Engineer however, candidates will be placed in an appropriate level within the Software Engineer job family based on the extent of their experience. If you reside outside of the 1st District, you may be hired by your local Federal Reserve District and compensation will follow hiring District's range and policy.
The Federal Reserve Bank of Boston is committed 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
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
Job Category
Information Technology Family Group
Work Shift
First (United States of America)
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