FedNow Service FedNow Service

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. Positions available on this team provide unique opportunities to be part of a new mission-critical Federal Reserve initiative that will be transformative to the payments landscape in the United States.

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“I think the Bank offers a strong, stable work environment with a strong community, flexible hours, good benefits, and a great location for commuters. My work frequently involves different Bank business areas and new challenges, which leads to an atmosphere that encourages employees to do better than their best.”

Tuan Bui, FedNow Service

Typical Opportunities Typical Opportunities

The FedNow team is currently hiring for roles including:

  • Product Manager
  • Onboarding Strategy Manager
  • Business Operations Lead
  • Java Software Engineer
  • Software Architect