Federal Reserve Bank of Boston
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Software Engineering Intern

Job details

Job description

Company

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. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

This job will be an onsite role.

The Research Department of the Federal Reserve Bank of Boston is offering a limited number of exciting internships to qualified college students. Summer internships are full-time paid positions that start in May/June and typically last 10 to 12 weeks.

The Software Engineering Intern will work alongside our experienced engineering team to develop and enhance our cutting-edge software applications. This is an exciting opportunity to gain hands-on experience in a dynamic, fast-paced environment and contribute to the delivery of innovative software solutions.

Key Responsibilities:

  • Participate in the full software development lifecycle, including requirements gathering, design, coding, testing, and deployment
  • Collaborate with developers, business analysts, and project managers to understand project requirements and deliver high-quality code
  • Implement new features and functionalities based on product roadmap and customer needs
  • Write clean, maintainable, and well-documented code using best practices and industry standards
  • Assist in the testing and debugging of software applications to ensure they meet the desired quality standards
  • Contribute to the improvement of development processes, tools, and methodologies

Qualifications:

  • Currently pursuing a bachelor's or master's degree in computer science, software engineering, or a related technical field
  • Hands-on experience with Python, git, and Linux
  • Familiarity with software development tools and environments
  • Knowledge of software design principles, data structures, and algorithms
  • Strong problem-solving skills and the ability to think critically
  • Excellent communication and teamwork skills
  • Enthusiasm for learning new technologies and a desire to contribute to innovative software solutions

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.

The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests – such as stocks or bonds – from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.

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.

About the company

Job Location

Boston, MA

Company Size

5,000+

Our Story

The Federal Reserve Bank of Boston is one of 12 banks in the Federal Reserve System that serves as the central bank of the United States. As a leader in financial regulation, monetary policy, and a pioneer of new payment strategies the Boston Fed uses cutting edge technology to achieve its goals and ensure a vibrant economy. As part of the central bank of the United States the Fed is tasked with ensuring the growth and stability of the global economy, and is called upon to respond to financial crises. In order to do this the Federal Reserve Bank of Boston has pioneered cutting edge payment methods, developed state of the art data security programs, and conducted extensive research to assist in policy directives from the Federal Government. The Boston Federal Reserve serves the First Federal Reserve District that includes the six New England states: Connecticut (excluding Fairfield County), Massachusetts, Maine, New Hampshire, Rhode Island and Vermont. With a great and growing commitment to diversity and community outreach, the Boston Fed continues to promote sound growth and financial stability in New England and throughout the nation.

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