Federal Reserve Bank of San Francisco As part of the Federal Reserve’s mission to promote accessible, safe, and efficient systems to facilitate dollar transactions, the Federal Reserve System seeks a technologist to perform central bank digital currency research and development. Given the dollar’s important role, Federal Reserve System seeks to further understand the cost and benefits of the potential technologies for central bank digital currencies, and how the system better understand this emerging field.

This position is an unique opportunity to be part of a team on the leading edge of technology research into central bank digital currency. You’ll join a world-class team in a dynamic environment that has the feel of a start-up. As a software engineer you will design and implement systems critical to this research.

We are looking for a Sr. Application Developer to implement example systems related to a Central Bank Digital Currency. The software engineer engages directly with management, other developers on the team, development operations teams, and vendors to ensure the Federal Reserve is well-positioned to design, develop, and implement technology to support a CBDC as may be required by the Board of Governors.

A successful software engineer will be able to work independently, assisting with the overall maturity of the software development lifecycle. Ultimately, a top-notch software engineer will deliver software that is built to comply with security and quality standards and is completed on time.

If you are exceptionally motivated and passionate about the work you do, then we welcome you to join us.

We empower our people to balance their life and work responsibilities. That’s why we offer a flexible hybrid work model that allows you to collaborate with office colleagues on some days, and work from home on others. In practice, this means that we are in the office 2-3 days per week on average but keep these days flexible and recognize that unforeseen events may require more time to work from home in certain weeks.

• Help develop novel systems related to Central Bank Digital Currency.
• Identify opportunities to improve existing systems and workflows for performance, scale, speed and accuracy.
• Proactively apply and evolve best practices related to the state of the art Central Bank Digital Currency technology.
• Apply modern development standards and principals, security standards, usability design standards as appropriate.
• Provide direction, training, and support for platform/product operations.
• Identify, communicate, and mitigate risks, assumptions, issues, and decisions throughout full lifecycle.
• Using critical thinking, consider and compare various options based on feasibility and impact, propose measurable plans and roadmaps that balance tactical and strategic needs.
• Work in close partnership with cross-functional teams and management.

• Bachelor’s degree with concentration in computer science, management information systems or comparable technical discipline, or an equivalent experience.
• Experience designing and maintaining digital payments, cryptocurrencies and / or Central Bank Digital Currencies.
• Hands-on programming experience.
• Knowledge of an experience with distributed systems design, cryptographic protocols such as zero knowledge proofs, consensus algorithms, and security.
• Comfort with cross-functional initiatives, and collaborating with product managers, UX designers, and engineering teams.
• Strong grasp of the fundamentals of money, banking, payments, finance and related concepts.
• Good interpersonal and presentation skills.
• High level of self-motivation and initiative; strong team player.
• Capability or potential to balance longer-term objectives and shorter-term deliverables efficiently, successfully, and on time.
• Excellent analytical and problem-solving skills.
• Excellent organization and time management skills.
• Excellent written and verbal communication skills.
• Ability to exercise discretion and independent judgment in the performance of duties.
• Must be a U.S Citizen

Full time Regular Yes Information Technology First (United States of America)