Company
Federal Reserve Bank of Chicago
Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine® Solutions, Fedwire®, National Settlement Service (NSS), FedCash®, FedACH®, and Check Services. We are currently leading a strategic effort to transform FRFS to a national, enterprise-focused organization. Over time, FRFS will offer an increasingly integrated set of Federal Reserve payment services, incorporating the FedNowSM Service upon its market entry. Through our evolved structure, we will meet the needs of the marketplace for new products and services more quickly, we will seek to provide a more robust and unified customer experience across our financial service offerings, and we will create new career growth opportunities for FRFS staff.
We are seeking leaders to set the vision, strategy, values, and priorities that enable FRFS to achieve its mission. Our leaders must demonstrate a strategic, action-oriented mindset focused on intellectual curiosity, agility, accountability, and the ability to drive innovation through experimentation. To achieve our vision for a people-focused organization with a strong collaborative and innovative culture, we expect our leaders to champion an inclusive environment and demonstrate our values in how we work and interact with each other and our broader community.
Job Description Summary:
You would would manage a small technical team (10-15 direct reports) as well as be accountable for the delivery of mission critical applications. Responsibilities include:

• Partner with Enterprise Architecture and Infrastructure (NIT) organizations providing thought leadership with the implementation of technology agnostic solutions that adhere to Enterprise Architecture and infrastructure roadmap/standards
• Ability to work on multiple tasks while coaching others simultaneously to produce high quality deliverables
• Responsible for providing technical guidance to software engineers, including hands on development of complex applications based on reference architecture
• Supports teams, technical and test leads in shaping strategy for the Product/Platform
• Demonstrates deep experience developing and supporting complex, mission critical systems
• Demonstrates strong innovation, influencing, negotiating skills, and strategic agility
• Demonstrates professional maturity, ownership of complex issues, and a strategic vision for the future
• Collaborate with other members of a cross-disciplinary team operating within the Scrum framework to consistently deliver Product improvements according to the guidelines
• Managerial responsibilities of the job include:
  • Writing and Conducting appraisals for the team member
  • Identifying training needs in collaboration with other leadership
  • Mentoring and coaching
  • Recruiting and on/off boarding
  • Gathering feedback
  • In conjunction with architecture and other leaders, ensure consistency in usage of development best practices, standards , tools and processes

What we are looking for:
The candidate would lead the development and implementation of mission critical applications. The position is for a leader who has hands-on technical as well as leadership experience. The candidate will be responsible for delivering applications based on the established FRB system architecture and will be involved in the entire delivery life cycle supporting Agile SCRUM teams
The candidate will work on planning and development of a subset of critical Fedwire applications spanning Funds, NSS, Settlement and Securities business lines
Required Technical Skills:
Minimum 10 years of experience with Java/J2EE distributed application Development. Includes strong experience with various J2EE components and services

• Strong analysis and design skills, including requirements analysis, OO design patterns
• General knowledge of open source frameworks
• Experience with building and delivering mission critical, fault tolerant applications
• Experience with Messaging (MQ/JMS) based Integration applications.
• Strong understanding of Application resiliency, security, scalability and general performance concepts.
• Keen understanding of performance issues and end to end debugging capabilities.
• Strong knowledge of SQL, stored procedures (PL/SQL) and database fundamentals
• Experience and understanding of CI/CD pipelines and DevSecOps concepts
• Experience and understanding of Cloud based architecture and technology

Required Leadership Skills

• Ability to guide & coach other developers in development best practices
• Strong ability to help a team in all facets of the delivery cycle from analysis of requirements, design, development through implementation.
• Builds strong partnerships with business, operations, infrastructure and other key stakeholder groups
• Strong ability to analyze risks, issues and other data in supporting teams reaching actionable decisions
• Strong understanding of supporting mission critical applications ensuring excellent customer support
• Ability to provide performance feedback and career planning with staff

What we Offer

• Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
• A learning environment with opportunities to gain new skills and grow your career Other

Requirements

• All Federal Reserve Bank of Chicago employees must be fully vaccinated against COVID-19, and receive a booster shot within 30 days of being eligible to do so, unless the Bank grants an accommodation based on medical condition or sincerely held religious belief.
• Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
• This position has additional screening requirements due to the information accessed while performing the job. These additional screenings would be initiated at the time of offer acceptance and can take approximately two months to be completed. The screening covers areas such as education/employment verification, criminal history, credit history, and reaches out to your references and people that know you well.
• As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary

We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status. employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
Full Time / Part Time
Full time
Regular / Temporary
Regular
Job Exempt (Yes / No)
Yes
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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