Federal Reseve Bank of Boston

As part of the Central bank of the United States, the Boston Fed works to promote sound growth and financial stability in New England and the nation. We 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.  

Federal Reseve Bank of Boston
Sep 10, 2020
Full time
  Assistant Vice President - Legal FedNowSM Service: The future of payments is the FedNow Service! The Federal Reserve Banks are developing a new interbank 24x7x365 real-time gross settlement (RTGS) service with integrated clearing functionality. This service will be the first new business line for the Fed in 40 years and will be transformative for United States Payments by enabling nationwide access across more than 10,000 Banks. The new service, will help enable financial institutions to deliver end-to-end faster payment services to their customers. With the FedNow Service network, banks will be able to provide their customers the ability to send and receive payments any time, any day, and have full access to those funds within seconds. Such a service will also enable the ongoing innovation of payments products offered by Banks, non-Banks and FinTech companies. Job Summary: You will render legal advice, counsel, and/or guidance on a broad range of the more complex...