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Full-Stack Software Engineer - Digital Money and Payments Research & Development

Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis

Software Engineering
Boston, MA, USA
Posted on Wednesday, May 8, 2024

Company

Federal Reserve Bank of BostonThe 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 Research and Development around the future of money and payments.

This role is eligible for a hybrid schedule, with a mix of remote work from your home office in the First District and planned onsite work expected for intentional collaboration. Limited travel may be required. Candidates must reside in 1st district.

What we do:

Given the role of the US dollar and payment systems, the Federal Reserve System seeks to further understand the implications, costs, and benefits of the use of different technologies for the future of money and payments. This position offers a unique opportunity to be part of a world-class team working on cutting edge technologies related to digital money and payments including tokenization, application of smart contracts, central bank digital currency (CBDC), and advanced cryptography. You will participate in a dynamic work environment that has the feel of a startup while also maintaining the benefits of a larger organization.

How you’ll succeed:

  • Collaborating as part of an agile squad with Engineering and Product teams to develop proofs of concept and prototypes for new areas of research and development.
  • Architecting and implementing front-end, mid-tier integration and backend functionality (full-stack).
  • Writing clean, readable, and highly maintainable code in Python, Go and JavaScript/TypeScript including documentation, peer code reviews, unit, integration and system tests.
  • Communicating findings, challenges, and solutions to technical and non-technical teams.

About you:

  • Demonstrated experience contributing across multiple development stacks, areas and technologies.
  • Exceptional ability to translate non-technical product requirements into technical designs, specifications, interfaces and implementations.
  • Highly capable at dealing with ambiguity and abstract concepts.
  • Significant experience with common Continuous Integration and Deployment tools, Docker, React, RESTful API design (FastAPI) and Object-Relational Mapping (ORM) tools
  • Ability to quickly learn new technologies and transfer knowledge to other team members.

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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