Sr. Application Developer - Cryptography

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Software Engineering
Multiple locations
Posted on Thursday, November 30, 2023


Federal Reserve Bank of San FranciscoWhen you join the SF Fed, you join a team of people working together to foster an inclusive economy that works for everyone. From data-driven insights to cloud transformation, the information technology team moves the SF Fed forward. We use innovative technologies and Agile methods to positively impact every American across the communities we serve.

The Federal Reserve System serves as the central bank of the United States. Its fundamental mission is to foster the stability, integrity, and efficiency of the nation’s monetary, financial, and payments systems.

This position is responsible for supporting the Federal Reserve System’s Central Bank Digital Currency (CBDC) Research and Development program.

Given the US dollar’s importance, the Federal Reserve System seeks to further understand the implications, costs, and benefits of the use of different technologies for a potential US CBDC to better understand this emerging field. This position offers a unique opportunity to be part of a world-class team working on cutting edge technologies related to CBDC R&D. You will participate in a dynamic work environment that has the feel of a startup while also maintaining the benefits of a larger organization.

We empower our people to balance their life and work responsibilities. That’s why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others.

What you will be responsible for:

  • Leading a team of engineers in digital currency research and development.

  • Designing and implementing technical solutions to meet product requirements.

  • Acting as the technical liaison between product and engineering teams.

  • Developing and maintaining distributed systems, cryptographic protocols, and algorithms for digital currency applications.

  • Creating innovative solutions, such as designing transaction formats, data structures and authentication mechanisms to facilitate digital currency payments.

  • Ensuring the security, scalability, and efficiency of digital currency systems.

  • Collaborating with cross-functional teams to align technical solutions with overall project goals.

  • Conducting code reviews and providing technical guidance to junior team members.

  • Staying current with industry trends and emerging technologies in the digital currency space.

What skills you will bring:

  • Extensive experience in software engineering, with a focus on cryptocurrency, digital payments, cryptography, distributed systems or similar field.

  • Strong proficiency in cryptographic principles and network protocol design.

  • Expertise in designing and implementing peer-to-peer payment systems.

  • Ability to translate non-technical product requirements into technical specifications and implementations.

  • Leadership capabilities, including mentoring and guiding a team of engineers.

  • Knowledge of consensus algorithms, peer-to-peer networks and databases.

  • Proficiency in programming languages commonly used in systems engineering and application development such as Go, Python, C++ and JavaScript.

  • Solid understanding of security best practices in the context of digital currency systems.

  • Effective communication skills to bridge the gap between technical and non-technical teams.

  • A passion for staying updating on digital currency trends and emerging technologies.

  • Must be a U.S Citizen or a Green Card holder with intent to become a U.S Citizen

Base Salary Range: Min: $110,300 - Mid: $143,300 - Max: $176,300 (Location: San Francisco)
Final salary and offer will be determined by the applicant’s background, experience, skills, internal equity, and alignment with market data.

We offer a wonderful benefits package including: Medical, Dental, Vision, Pre-tax Flexible Spending Account, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and a Retirement / Pension

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.

At the Federal Reserve Bank of San Francisco, we believe in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve.


Full Time / Part Time

Full time

Regular / Temporary


Job Exempt (Yes / No)


Job Category

Information Technology

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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