FedNow Cyber Security Engineer at Federal Reserve Bank (FRB) in Richmond, Virginia

Job Description:

Company

Federal Reserve Bank of Boston

The Federal Reserve is developing a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow service. This service will help enable financial institutions 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 a new mission-critical Federal Reserve initiative that will be transformative to the payments landscape in the United States.

This position is responsible for helping to ensure the security and integrity of the FedNow organization across people, operations, and technology. This individual will directly support security architecture and operations teams. The individual will also be expected to provide cybersecurity expertise both through consultation and hands-on technical activities.

A requirement of this position is that the employee must be fully vaccinated against COVID-19 or qualify for an accommodation from the Bank’s vaccination policy; individuals who are unable to be vaccinated due to a medical condition or sincerely held religious belief may request an accommodation from the Bank.

What will be expected of you

• Develop code to automate security configuration management.


• Build, test, and deploy cybersecurity relevant technical solutions.


• Support security investigations through data analysis and information gathering.


• Build tooling to conduct pro-active hunting for malicious activity impacting FedNow holistically.


• Represent a technologists point of view in selecting tooling and solutions.


• Participate in agile activities with geographically dispersed agile delivery teams.


• Proven ability to collaborate, build relationships and influence direct team members in a matrix-management environment.


• Actively seek to remove barriers and improve security across the program. 


• Strong interest in current security threats, techniques, and landscape, as well as a dedicated and self-driven desire to research current information security landscape.

Expertise you would bring

• Ability to program or script in Bash, Python, Java, or Go.


• Ability to utilize tools like CI/CD Automation similar to TravisCI, CircleCI, Github Action, Gitlab Pipelines or AWS CodeDeploy. 


• Expertise with Cloud IAM Configuration, Container Orchestration, and Log Management.


• Ability to rapidly produce proof-of-concept code to demonstrate potential solutions.


• Knowledge of, and experience with, cloud computing technology.


• Knowledge of IT Infrastructure designs, technologies, products, and services. This should include knowledge of networking protocols, operating systems, databases, and other technologies.


• Knowledge and experience normally acquired through, or equivalent to, the completion of a Computer Science or Computer Engineering bachelors degree with a minimum of 3-7 years of job-related experience.

Logistics and Requirements

• The ability to obtain a security clearance.


• Federal Reserve System candidates will remain employed at current Federal Reserve Bank, but report into the FedNow team via cross-district arrangement. 

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.

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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Salary:

$166,400.00

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