T

The Federal Reserve System

Central bank of the United States

Federal Reserve Financial Services Systems Operations Specialist 1/2

Operations & LogisticsConfirmed live in the last 24 hours
Full-timeNo salary listed

About the Job

Requirements

  • Specialist I applicants must have a High School Diploma or GED and less than two years of relevant experience.
  • Specialist II applicants must have a High School Diploma or GED; two to five years of relevant experience is preferred.
  • An Associate degree or two years of equivalent experience is preferred.
  • Applicants must be currently authorized to work in the United States without the need for visa sponsorship now or in the future.
  • Applicants must complete fingerprinting, criminal background checks, education and employment verification, and any additional screening required based on information accessed in the role; employment offers are contingent on satisfactory results.
  • Applicants must comply with Federal Reserve Bank ethics rules, which generally prohibit employees and specified family members from holding financial interests in financial institutions or sector-focused investment funds; affected holdings may need to be divested upon employment.
  • Candidates must be able to perform effectively in a dynamic, frequently changing environment, adapt priorities, and manage changing operational or project demands.
  • Candidates must demonstrate effective verbal and written communication and a team-oriented work ethic.

Responsibilities

  • Perform large-scale clearinghouse and transaction-processing activities for the Fed ACH and Check business lines.
  • Provide real-time support for Check and ACH processing.
  • Monitor application health for core processing platforms and satellite systems or subsystems.
  • Support production operations, operational issues, and incident management.
  • Analyze operational and customer-volume trends and patterns to assist with process improvements and solutions.
  • Support business testing, defect management, and related activities for launching enhancements or new products and services on core processing platforms and satellite systems or subsystems.
  • Perform key tasks within assigned decision rights.
  • As shift needs require, support other business operations, including customer call-center support on second or third shifts and preliminary accounting or settlement on the third shift.
  • Identify potential production issues and other operational matters that may require escalation to senior team members.
  • Provide ad hoc analysis and direct assistance to technical and customer-support teams; monitor interdepartmental communications for accuracy and timeliness; follow procedures to complete critical daily payment-processing tasks within core applications; and serve as a knowledge resource for other teams.
  • Participate in payment-systems projects and initiatives by assisting with planning, administrative work, meeting organization and facilitation, and discussion leadership; consult shift leads or subject-matter experts and conduct moderately complex research.
  • Provide quality customer service, support peers with cross-team activities, and help ensure business areas understand relevant requirements, responsibilities, expectations, and initiative deliverables.
  • Advance personal knowledge of systems and business needs, and manage responsibilities with flexibility and focus.
  • Work occasional weekend hours during testing phases.

Desired Qualifications

  • For Specialist II, two to five years of relevant experience is preferred.
  • An Associate degree or two years of equivalent experience is preferred.

About the Company

The Federal Reserve System

Central bank of the United States

The Federal Reserve System serves as the United States’ central bank, guiding monetary policy, supervising banks and bank holding companies, and providing financial services to banks and the U.S. government. It implements policy through tools like setting the federal funds rate and conducting market operations, and it runs bank supervision and payments services via 12 regional banks coordinated by a national Board. Unlike private banks or firms, it operates as a public‑purpose institution with a nationwide mandate and regional insight, not to earn profits but to maintain financial stability. Its goal is to promote a strong economy and a stable financial system for the United States.

Company size
1,001-5,000
Company stage
Not listed
Total funding
Not listed
Headquarters
United States
Founded
1913

Recently Posted Jobs

Explore more opportunities at The Federal Reserve System

See more jobs