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 ...
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 ...
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 ...
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 ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
Client Technical Onboarding Implementation Advisor
Tampa, FL · On-site
$95K - $153K/yr
Apply knowledge of Society for Worldwide Interbank Financial Telecommunication (SWIFT) connectivity and global payment messaging standards. * Partner effectively across product, technology ...
Client Technical Onboarding Implementation Advisor
Tampa, FL · On-site
$95K - $153K/yr
Apply knowledge of Society for Worldwide Interbank Financial Telecommunication (SWIFT) connectivity and global payment messaging standards. * Partner effectively across product, technology ...
Apply knowledge of Society for Worldwide Interbank Financial Telecommunication (SWIFT) connectivity and global payment messaging standards. * Partner effectively across product, technology ...
Apply knowledge of Society for Worldwide Interbank Financial Telecommunication (SWIFT) connectivity and global payment messaging standards. * Partner effectively across product, technology ...
The GBS Director must understand balance sheet management, liquidity regulations, capital constraints, correspondent banking risk frameworks and interbank funding models across different regulatory ...
The GBS Director must understand balance sheet management, liquidity regulations, capital constraints, correspondent banking risk frameworks and interbank funding models across different regulatory ...
FedNow Senior Software Engineer
Saint Louis, MO · On-site
$119K - $157K/yr
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 ...
FedNow Senior Software Engineer
Saint Louis, MO · On-site
$119K - $157K/yr
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 ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Web & Systems Developer
Fort Sill, OK · On-site
... Interbank Financial Telecommunication (Swift), Asynchronous JavaScript and XML (AJAX), Bootstrap, JQuery, syntactically awesome style sheets (SASS), Joomla!, WordPress, Drupal, Adobe Experience ...
Web & Systems Developer
Fort Sill, OK · On-site
... Interbank Financial Telecommunication (Swift), Asynchronous JavaScript and XML (AJAX), Bootstrap, JQuery, syntactically awesome style sheets (SASS), Joomla!, WordPress, Drupal, Adobe Experience ...
Federal Reserve Financial Services FedNow Operations Center Senior Analyst
Dallas, TX · Hybrid
$84K - $105K/yr
ATL, BOS, CHI, DAL, NY & SF The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow Service.
Federal Reserve Financial Services FedNow Operations Center Senior Analyst
Dallas, TX · Hybrid
$84K - $105K/yr
ATL, BOS, CHI, DAL, NY & SF The Federal Reserve has developed a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality, called the FedNow Service.
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
Support engagements involving treasury information technology strategy, bank connectivity, Society for Worldwide Interbank Financial Telecommunications (SWIFT), multibank reporting, process ...
FedNow Senior Software Engineer
$133K - $175K/yr
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 ...
FedNow Senior Software Engineer
$133K - $175K/yr
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 ...
Interbank information
See salary details
$58K - $64.8K
5% of jobs
$64.8K - $71.6K
4% of jobs
$71.6K - $78.5K
9% of jobs
$82.5K is the 25th percentile. Wages below this are outliers.
$78.5K - $85.3K
12% of jobs
$85.3K - $92.1K
15% of jobs
The median wage is $94.5K / yr.
$92.1K - $98.9K
15% of jobs
$105.1K is the 75th percentile. Wages above this are outliers.
$98.9K - $105.7K
17% of jobs
$105.7K - $112.5K
10% of jobs
$112.5K - $119.4K
5% of jobs
$119.4K - $126.2K
5% of jobs
$126.2K - $133K
3% of jobs
$58K
$96.6K
$133K
How much do interbank jobs pay per year?
What jobs make $3,000 a month without a degree?
What is an interbank job and what do professionals in this field do?
What are some common challenges faced by professionals working in interbank operations?
What is the difference between Interbank vs Bank Teller?
| Aspect | Interbank | Bank Teller |
|---|---|---|
| Required Credentials | Banking certifications, financial knowledge | Basic banking training, customer service skills |
| Work Environment | Corporate banking settings, financial institutions | Bank branches, retail banking |
| Employer & Industry Usage | Financial institutions, corporate banking | Retail banks, local branches |
| Common Search & Comparison | Yes | Yes |
Interbank roles typically involve corporate banking and require specialized financial certifications, working in professional banking environments. Bank Tellers focus on retail banking, handling customer transactions at branch counters. While both are banking positions, Interbank roles are more specialized and corporate-oriented, whereas Tellers are customer service-focused in retail settings.
What are the key skills and qualifications needed to thrive as an Interbank employee, and why are they important?

Principal Software Engineer - Java/Spring Boot/AWS/Junit
Federal Reserve Bank of San FranciscoRichmond, VA
Full-time
Posted yesterday
Job description
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.
What will be expected of you-
- Serves as a Principal Software Engineer: to design, develop and implement new complex solutions in accordance with FedNow and Fed Standards
- Ensures that the quality of software developed, maintained and enhanced in-house and installed into production is sufficient to prevent the occurrence of catastrophic defects that cause the customer significant problems, missed deadlines, or interruption to the production environment
- Develops software solutions in Java, Spring, Terraform, NoSQL and RDS in the Cloud
- Develop end to end Infrastructure-as-Code solutions in Cloud
- Provides input into strategic and tactical planning of software solutions and software development lifecycle changes
- 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
- Demonstrates skill dexterity; seeking to continuously adapt and employ new technical skills alongside proven staples
- Ensure compliance with Fed policies, procedures and standards
Logistics& Requirements-
Deep expertise in Java and proficient knowledge of programming languages (JavaScript, XML, JSON, HTML, CSS etc. Python a bonus). Experience with modern Java features like generics,streamsand lambdas.
Experience using JUnit 5+ to write integration and unittests anduseits lifecycle interfaces and annotationsto handle related setup and teardown tasks.Understanding of how to useJUnit's extension and lifecycle annotations and interfaces to create tools that enhance its default functionality andmonitortest plan execution results.
Experience with Apache Maven or Gradle to handle tasks such as compilation, dependency management, testing,packagingand deployment. Knowledgeof Apache Maven's build lifecyclesphases, experience with custom plugin development and how tomap a custom plugin's goals to Maven lifecycle phases
Proficient in MockitoandAssertJas well asintegration testing with @SpringBootTest.
Understanding of object-oriented design principles (ex: SOLID) to create maintainable, extensible code and knowledge of design patterns, inheritance hierarchies, polymorphism, composition over inheritance, effective interface design,encapsulationand immutability.
Comprehensive knowledge of Spring Boot's core fundamentals, includingauto-configuration, starter dependencies, anditsopinionated approach to application setup thateliminatesmuch of the boilerplate configurationrequiredin traditional Spring applications. Understandingofdependency injection, the IoC container, bean lifecycle managementas well asproficiencyin using annotations like @Component, @Service, @Repository, and @Autowired.
Experience with AWS services, and integrating them into an application
Expertisein building RESTful APIswith Spring Boot, including knowledge of @RestController, @RequestMapping, request/response handling, content negotiation, and exception handling.
Understand data access patterns using Spring Data JPA, including repository interfaces, custom queries, anddeclarative / programmatictransaction management.
Proficient knowledge of database development (SQL, Oracle, DB2)
Ideally you'll have experience with leading edge Cloud technologies, such as Kafka, in-memory and NoSQL databases, messaging platforms, memcache etc).
Proficient knowledge of cloud security for application development and delivery
Ideally, Infrastructure as Code (IAC); Terraform
Nice to Have-
Experience with API Development and consumption and microservices architecture
Familiaritywith database migration tools like Flyway or Liquibase.
Experience usingSpring Securityto handle security concerns in Spring Boot apps.
UnderstandingSpring Boot's variousapplication properties configurations (profiles, YAML vs properties files) and externalized configuration management.
Knowledge of monitoring and observability through Spring Boot Actuator, including custom health checks and metrics.
Proficiencyworking withXML Schema Definition (XSD)schemasand XSLT (Extensible Stylesheet Language Transformations)templates,includingXML schema design principles, validation techniques, Java-XML binding via JAXB, namespace management,XSLT processing models, template creation,XPath expressions, and transformation patterns for converting XML to various output formats.
Proficientwith unit testing, integration testing between system components, performance testing toidentifybottlenecks,soak testing for long-term stability verificationandAPI testing.
Strong interpersonal, teamwork and negotiation skills
Strong problem solving and critical thinking skills
Salary
The salary range for this position is $173,400.00 - $216,700.00 - $260,000.00. The Boston Fed believes in salary transparency. The final salary and offer will be determined by the applicant's background, skills, internal equity, and alignment with market data. Whether you're developing into the job or are a more seasoned candidate, we aim to pay competitively. The position and job description posted is for a Principal Software Engineer however, candidates will be placed in an appropriate level within the Software Engineer job family based on the extent of their experience. If you reside outside of the 1st District, you may be hired by your local Federal Reserve District and compensation will follow hiring District's range and policy.
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, 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 TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryInformation Technology Family GroupWork ShiftFirst (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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About Federal Reserve Bank
Sourced by ZipRecruiter
Industry
Public administration
Company size
1,001 - 5,000 Employees
Headquarters location
San Francisco, CA, US
Year founded
1913