Joining the growing ranks of public actors around the world who are looking to make the jump on central bank digital currency (cbdc) Wagon, the Federal Reserve Bank of San Francisco is looking for an experienced CBDC developer under a job opening Title “Senior Application Architect – Digital Currency”.
The job ad states that those interested in applying for a position with the bank can earn a salary of up to $215,400 per year.
“As part of the Federal Reserve’s mission to promote accessible, secure and efficient systems to facilitate dollar transactions, the Federal Reserve System is establishing a central bank digital currency research and development facility,” the bank said in the ad. Seeks Senior Technologist.” “Given the critical role of the dollar, the Federal Reserve System seeks to further understand the costs and benefits of potential technologies for central bank digital currencies (CBDCs), and how the system can better understand this emerging area.”
The move comes shortly after the San Francisco Fed Posted A job opening titled “Senior Application Developer – Digital Currency”. More job offers may be published soon, with efforts underway to build a CBDC-focused team.
The latest announcement specifies that the selected candidate will be “part of a team at the leading edge of technology research and development in central bank digital currency,” responsible for designing and implementing systems critical to CBDC research.
Candidates are expected to hold a bachelor’s degree with a focus on computer science, management information systems or a comparable technical discipline, or an equivalent set of education and experience. They must also demonstrate a track record of designing and maintaining digital payments, crypto and/or CBDCs. According to the job advertisement, in addition to hands-on experience in programming, candidates should have knowledge and experience of distributed systems design, cryptographic protocols such as zero knowledge proofs, as well as consensus algorithms and security.
“The Senior Application Architect liaises directly with management, other developers on the team, development operations teams and vendors to ensure the Federal Reserve is well positioned to design, develop and implement technology to support the CBDC , as may be required by the Board of Governors,” according to the bank.
In this position, the selected individual will be tasked with overseeing the architectural design of novel systems and directing the efforts of responsible development teams, including internal and external team members, the job ad said.
For those wishing to apply for the position, it is noteworthy that they must be US citizens or hold a green card with the intention of eventually becoming a US citizen.
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