Company

Federal Reserve Bank of Boston

FedNow Summer Intern - TechOps



As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont.



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.

This position will be on-site at the Boston Fed location.

This position is part of the Bank's Internship/ Co-op Program which is offered to students who are currently enrolled in graduate and undergraduate studies. This Program identifies talented and qualified candidates who could potentially fill professional job openings in the Bank.

Intern: Cloud Technical/Financial Operations

As an TechOps Operations intern, you have a passion for cloud infrastructure and the automated deployment of infrastructure resources via CI/CD pipelines. Additionally, the ideal candidate can successfully collaborate with technical SMEs to understand Agile development/testing responsibilities and identifying resource requirements to drive improved reporting and optimization of cloud infrastructure processes and costs. As a member of the FedNow TechOps team, the intern works with DevOps and automation engineers to drive improvements in CI/CD pipelines deploying cloud infrastructure resources and engage in the management and utilization monitoring of those resources. The intern also engages with FinOps personnel to drive resource utilizations for the Cloud resources.

RESPONSIBILITIES

• Partner with a mentor to understand the FedNow architecture and implementation in the AWS Gov Cloud
• Collaborate with DevOps, SRE and subject matter experts to support deployment and operations in the cloud
• Monitor and assess utilization of Development, Quality, Customer Testing and Production environments
• Understand, document and identify optimizations in environment deployment CI/CD pipelines
• Participate in activities focused around improving and optimizing the deployment process
• Work with FinOps resources to understand Cloud resources utilization and costs

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

• Curious about operations in a large-scale Cloud environment
• Familiarity with Agile development and CI/CD pipeline concepts
• Experience with cloud resources including EC2 instances, S3 buckets, Lambdas, etc.
• Interest in improving code and processes
• You enjoy collaborating with others in a fast-paced environment
• Good written and verbal communication skills
• Understanding of computer science fundamentals and product development life cycle
• Basic financial experience a plus

MINIMUM REQUIRED EDUCATION AND EXPERIENCE

• Pursuing Bachelors or Master's in Computer Science, Engineering, or related field
• Preferably a senior or graduate student

The Federal Reserve Bank of Boston is committed 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.

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 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

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship Family Group

Work Shift

First (United States of America)

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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