FedNow Software Engineer

The Federal Reserve

Quick summary

Work type
On-site
Location
Boston, MA
Salary
$132,300–$165,400 / yr
Posted
66 days ago

Market check

Salary context

Below market

How this pay compares to similar roles

Similar $178k
This role $149k
$121k most similar roles pay here $237k

This role pays less than 69% of similar roles. Most pay $142,200–$214,500 — the shaded band above. At the midpoint, this role pays about $149k versus about $178k for comparable roles.

Based on 240 similar postings.

Employer

About The Federal Reserve

The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations.

The Federal Reserve currently has 33 open roles on FindRole.

Listed pay typically runs $144,950–$198,100 across 26 roles with salary data.

Most-posted roles

View all roles at The Federal Reserve

At a glance

TL;DR · FedNow Software Engineer

As a senior software engineer on the Federal Reserve Financial Services team, you will play a pivotal role in developing and maintaining mission-critical payment systems such as FedNow. Your responsibilities include designing, coding, testing, and documenting complex backend solutions primarily using Java, while adhering to Fed standards and collaborating with cross-functional Agile teams. You will also train colleagues on troubleshooting and resolving critical issues, ensuring high performance and reliability of applications in a cloud-first architecture, ideally leveraging AWS services. Key skills required are experience with CI/CD tools, DevOps processes, serverless architectures, and modern internet-scale technologies like Kafka and NoSQL databases. This role demands expertise in Java, proficiency in Python and TypeScript, and knowledge of Linux, Unix, Windows operating systems, as well as SQL, Oracle, and DB2 databases.

What you'll do

  • Designs and develops complex software solutions in accordance with FedNow and Federal Reserve standards.
  • Implements backend software solutions primarily using cloud technologies, ensuring high performance and reliability.
  • Provides technical leadership on projects by collaborating with analysts to define user requirements and conduct design reviews.
  • Trains cross-functional teams on troubleshooting and resolving highly complex issues related to production problems.
  • Ensures compliance with Fed policies, procedures, and standards throughout the development lifecycle.
  • Supports applications and components in production, including timely resolution of critical issues.

What we're looking for

  • 3-5 years of software engineering experience in a team-based environment.
  • Expertise in cloud-first architectures and serverless architecture for building software solutions.
  • Proficiency with CI/CD build tools, DevOps processes, and Agile methodologies.
  • Deep expertise in Java and knowledge of Python and TypeScript (bonus).
  • Experience developing high-performance, high-volume, highly available environments.
  • Familiarity with AWS services and integration into applications (bonus).

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