Full-Time

Cloud Application Migration/IT Application Support

Market Operations

Posted on 10/25/2024

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$116.5k - $158kAnnually

Entry

New York, NY, USA

Employees can expect to be in the office a couple of days per week as needed for meetings and team collaboration.

US Citizenship Required

Category
IT Support
System Administration
IT & Security
Required Skills
Microsoft Azure
AWS
Jenkins
Terraform
Requirements
  • Foundational or Demonstrated experience working on technical support teams across multiple environments.
  • Foundational or Demonstrated knowledge of technology tools used in the monitoring and testing of business applications.
  • Foundational / Basic experience with application migration experience from on prem to cloud, AWS and/or MCP/Azure certifications a plus.
  • Versed in infrastructure as code practices using Terraform, Gitlab, and Jenkins.
  • Solid understanding of Infrastructure as a Service (IaaS).
  • Knowledge of AWS IAM concepts and principles.
  • Practical understanding of infrastructure technologies - compute, network, storage.
  • Knowledge of IP networking, VPN's, DNS, load balancing and firewalling.
  • Foundational / Basic cloud skills and knowledge around EKS/ECS, ELMA, Grafana, DB Services, etc.
Responsibilities
  • Leverage subject matter expertise for specific applications to provide first level support and maintenance for business applications in the production environment on a 24x7 basis.
  • Collaborate with teams for initiatives related to the support of new or existing business applications.
  • Collaborate on the resolution of vulnerabilities in the production environment identified by security teams.
  • Engage with Incident Management teams to resolve issues in the production environment. Contributes to the identification of remedial actions and steps to avoid reoccurrence.
  • Collaborate with teams/squads to implement and release applications, platforms, and services into multiple environments; contributes to defining ongoing support and oversees specific initiatives.
  • Provide non-functional requirements for new and existing applications, platforms, and services.
  • Review the preparation of written materials used in the support of business applications such as run books and SAFR documents; ensures accuracy and completeness.
  • Collaborate with teams on discussions around strategic discussions on the method of engagement with squads and proposes adjustments to support services.
The Federal Reserve System

The Federal Reserve System

View

The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and ensuring financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. Additionally, the Federal Reserve supervises and regulates banks and bank holding companies to maintain a safe and sound banking system. It also provides essential financial services to banks and the U.S. government. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a strong economy and a stable financial system, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

1913

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • FedNow's launch enhances the Federal Reserve's role in modernizing the financial system.
  • The IOER tool helps stabilize the economy by managing interest rates efficiently.
  • Enforcement actions against unsafe practices boost public trust in the financial system.

What critics are saying

  • Increased regulatory scrutiny may lead to compliance challenges for regional banks.
  • IOER's complexity could affect the Federal Reserve's economic stability management.
  • Slow FedNow adoption by banks may hinder modernization efforts in the payment ecosystem.

What makes The Federal Reserve System unique

  • The Federal Reserve is the central bank of the United States, a unique position.
  • It introduced the Interest on Excess Reserves (IOER) to manage interest rates effectively.
  • The FedNow Service marks its commitment to real-time payment solutions.

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