When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with leading tech professionals to strengthen and protect our economic, financial and payments systems. We invest in contemporary and emerging technology each year to support the Federal Reserve and our economy, and we’re building a dynamic and diverse team for our future.
The Central Bank Services portfolio provides mission-critical technology capabilities that enable the Federal Reserve's core central banking functions: Markets operations, Credit Risk Management (CRM), and Reserves and liquidity services. These capabilities are foundational to monetary policy implementation, financial stability, effective policy transmission and the safe and efficient functioning of U.S. financial markets and the broader financial system.
Key Activities:
- Design and develop microservices using Java and Spring Boot that integrate with Calypso through its APIs, interfaces, and messaging channels.
- Build and maintain Kafka-based messaging/streaming pipelines to support real-time data exchange between Calypso and upstream/downstream systems.
- Architect and implement the integration layer sitting outside of Calypso, ensuring loose coupling, scalability, and resiliency of integration components.
- Deploy, manage, and optimize integration services within an AWS cloud environment.
- Collaborate with Calypso platform teams, architects, and business analysts to define integration contracts, data flows, and error-handling strategies.
- Participate in design reviews, code reviews, and troubleshooting of production issues related to Calypso integrations.
- Support testing phases (unit, integration, UAT) and help define Day-2 support processes for the integration layer.
- Document technical designs, data flows, and integration patterns for knowledge transfer and audit purposes.
Requirements:
- Java / Spring Boot: Strong hands-on experience building microservices using Java and Spring Boot is required.
- Kafka: Demonstrated experience designing and implementing Kafka-based messaging/streaming solutions for real-time data integration.
- AWS: Practical experience deploying and managing microservices in an AWS cloud environment (e.g., EC2, S3, Lambda, or related services).
- Integration Architecture: Experience designing integration layers/middleware that interact with large enterprise platforms via APIs, messaging, or file-based interfaces.
- Calypso Exposure (Nice to Have): Prior experience with Calypso, including familiarity with its APIs, data model, or custom extensions, is a plus but not required.
- Financial Systems Background: Prior experience in capital markets, treasury, or post-trade/custody systems is strongly preferred.
- Eligibility: Must be eligible to obtain FOMC access; this is a full-time position only (not open to contractors or part-time engagements).
- Soft Skills: Strong problem-solving ability, excellent communication skills, and the capacity to work effectively with cross-functional teams in a fast-paced transformation program.
Location: New York
Salary:
- $160,000 - $210,000
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.
Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.
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Skills Required
- Strong hands-on experience building microservices using Java and Spring Boot
- Demonstrated experience designing and implementing Kafka-based messaging and streaming solutions
- Practical experience deploying and managing microservices in an AWS cloud environment
- Experience designing integration layers or middleware using APIs, messaging, or file-based interfaces
- Prior experience with Calypso APIs, data model, or custom extensions
- Prior experience in capital markets, treasury, or post-trade/custody systems
- Eligibility to obtain FOMC access
- Strong problem-solving and communication skills, with ability to work cross-functionally
- Availability for a full-time position
What We Do
This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed. The Fed - Make a world of difference in the global economy OUR BANK has one of the most recognizable brands around the world. 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 is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government. OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward. Why Our People Choose Us: Our reputation precedes us There will always be room for personal growth Our people are first You’ll find the right balance Your responsibilities will be meaningful We hope that you will be our future colleague. Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve. Atlanta https://www.frbatlanta.org/ Boston http://www.bostonfed.org/ Chicago https://www.chicagofed.org/ Cleveland https://www.clevelandfed.org/ Dallas http://dallasfed.org/ Kansas City https://www.kansascityfed.org/ Minneapolis https://www.minneapolisfed.org/ New York http://www.newyorkfed.org/ Philadelphia https://www.philadelphiafed.org/ Richmond https://www.richmondfed.org/ San Francisco http://www.frbsf.org/ St. Louis https://www.stlouisfed.org/ Board http://www.federalreserve.gov/
