Principal Data/Software Engineer

Company

Federal Reserve Bank of Boston

Federal Reserve Financial Services (FRFS) delivers a suite of payments services to financial institutions via FedLine® Solutions, FedNowSM, Fedwire®, National Settlement Service (NSS), FedCash®, FedACH® (Automated Clearing House), and Check Services. We are currently leading a strategic effort to transform FRFS to a national, enterprise-focused organization. Through our evolved structure, we will meet the needs of the marketplace for new products and services more quickly, seek to provide a more robust and unified customer experience across our financial service offerings, and create new career growth opportunities for FRFS staff.

The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow Service. This service enables financial institutions to provide their customers with the ability to send and receive payments any time, any day, and have full access to those funds within seconds. This position is a unique opportunity to be part of this mission-critical Federal Reserve initiative that is transforming the payments landscape in the United States.

Top level technical expert in one or more highly specialized areas of applications systems analysis and programming. Responsible for software design, coding, testing, debugging, and documentation. Has full technical knowledge of all phases of applications systems analysis and development. Provides technical leadership on complex projects. Interacts with internal project teams and work groups regularly. Level of work required is considered highly advanced and staff must be able to work under minimal supervision. This job does not have any direct reports. You have an appetite to learn, and a passion for technology, innovation, and developing new skills on evolving technologies. 

Position Contributions-

Top level technical expert in one or more highly specialized areas of applications systems analysis and programming. Responsible for software design, coding, testing, debugging, and documentation. Has full technical knowledge of all phases of applications systems analysis and development. Provides technical leadership on complex projects. Interacts with internal project teams and work groups regularly. Level of work required is considered highly advanced and staff must be able to work under minimal supervision. This job does not have any direct reports. You have an appetite to learn, and a passion for technology, innovation, and developing new skills on evolving technologies.

What will be expected of you- 

• Serves as a Principal Data Engineer: to design, develop and implement end-to-end data pipelines for ingestion, transformation, and distribution, supporting both batch and streaming workloads in accordance with FedNow and Fed Standards.   

• Develops software solutions that are reusable, well-documented, and optimized for Analytics, BI, and AI/ML consumers. Implements and manages modern data lake and Lakehouse architectures, including Apache Iceberg table formats.  

• Optimizes data platforms for performance, scalability, cost efficiency, and reliability. Collaborates closely with architects, product managers, analytics teams, and platform engineers to align data solutions with business needs.  

• Defines and enforces data quality standards, implementing automated validation and monitoring.  

• In addition to being able to engineer across numerous areas of technology, you’ll serve as subject matter expert in one or more areas 

• Trains and consults cross functionally within the organization on troubleshooting/resolving highly complex and/or highly time critical problems 

• Collaborates with analysts as part of an integrated Agile team to define user requirements and conduct design review for the development of complex and innovative cloud applications using modern internet-scale technologies and Serverless architecture in Cloud