Job Abstract

Minimum Education

Juris doctor

Minimum Experience

2

Summary

Handles assignments in one or more of the following areas: Banking Regulation and Policy; Monetary and Consumer Affairs; Litigation, Enforcement, and System Matters. Drafts memoranda to the Board, orders, staff opinion letters, legislative and regulatory proposals, etc. Furnishes legal opinions and advice and responds to System and public inquiries concerning Federal statutes, interpretations and opinions concerning the supervision and regulation of banks, regulatory responsibilities of the Board, Reserve Bank matters, etc. Makes oral presentations at Board meetings. Performs more difficult assignments at this level, receives general supervision and direction from more experienced attorneys, and works with senior staff to prepare Board presentations and draft regulatory proposals.

Duties and Responsibilities

• Provides legal advice to the Board and clients such as officers and staff members of other Board divisions, relating to the operational and regulatory responsibilities of the Board and the Federal Reserve Banks.
• Engages extensively in legal research and writing, identifying legal issues, proposing resolutions, constructing alternate arguments and solutions, and assisting senior reviewers and Division officers in final resolution of issues. May review the work product of more junior Attorneys.
• Prepares legal memoranda to the Board, presenting analysis of legal issues and proposing alternate courses of action. Drafts regulations implementing Board policy or new legislation. Assists in drafting testimony for Board members and officers to present before Congressional committees. Prepares other legal documents, including letters for the signature of Board members, interpretations of general applicability to be published in the Federal Register, and special studies required by law or requested by Congressional committees.
• Drafts items for consideration at Board meetings.
• Provides explanations and advice in response to inquiries from Board members and other System clients, other federal and state agencies, members of Congress and Congressional staff, private counsel, and the public, concerning federal statutes, regulations and interpretations regarding the regulation and supervision of, and business transactions involving, banking organizations.
• Analyzes proposals presented to the Board, including complex merger and acquisition transactions, involving consideration of federal and state banking law, securities and antitrust law, and corporate and accounting issues.
• Prepares documentation for and researches legal issues related to bilateral and multilateral bridge loans in consultation and coordination with other agencies, international organizations, foreign central banks, and counsel representing debtor countries.
• Handles all aspects of appellate and trial court litigation, including researching and drafting appellate briefs and pleadings, preparing administrative records, negotiating agreements with opposing counsel, and advising and coordinating with counsel for patties supporting the Board's action with respect to litigation strategy. Presents Oral Arguments Before Appellate Courts.
• Assists in the initiation and prosecution of administrative enforcement actions against bank holding companies and state member banks, and officers and directors thereof, in cease and desist, civil money penalty, and removal actions; participates in advising the Board with respect to final actions required on cases prosecuted before an administrative law judge; and assists in defending the Board in court proceedings challenging decisions in such actions.
• Reviews paralegal work responding to Freedom of Information Act requests.

Requirements FR-27

Successful candidate will have at least two years of work experience as a practicing attorney and knowledge of internal administrative law issues including federal information security and privacy requirements. Prior experience providing legal advice on federal information security and privacy matters preferred. Prior experience providing legal advice on contracts issues or other administrative law matters a plus.

Requirements for FR-28

Successful candidate will have at least six years of work experience as a practicing attorney and strong experience providing legal advice on internal administrative law issues including, in particular, federal information security and privacy requirements. Prior experience providing legal advice on contracts issues or other administrative law matters a plus.

Requirements FR-29

Successful candidate will have at least eight years of work experience as a practicing attorney and strong experience providing legal advice on internal administrative law issues including, in particular, federal information security and privacy requirements. Prior experience working on contracts or other administrative law matters is strongly preferred.

Remarks:

At all FR-levels, successful candidate must demonstrate excellent oral and written communication skills, strong analytic and interpersonal skills (including the ability to interact effectively with management and staff at all levels of the organization), personal initiative, and adaptability in working across legal disciplines. Must also possess excellent attention to detail and strong organizational skills (including ability to handle multiple assignments and organize projects and see through their successful completion with minimal supervision). Sound judgment and a high level of discretion given the access to highly sensitive information also required. In addition:

· Active bar membership required.

· U.S. citizenship required.

· A writing sample may be required at the time of application submission.

· Successful completion of background check required.

About the Job

Handles assignments in the Contracts, Information and IT Security section of the Board and System Operations group in the Internal Administrative Law function. Drafts memoranda to the Board, staff opinion letters, legislative and regulatory proposals (etc.,) and furnishes legal opinions and advice and responds to System and public inquiries concerning Federal statutes, interpretations and opinions concerning internal administrative law matters. In addition to providing legal advice on a broad range of legal issues affecting the internal operations of the Board and System, incumbent acts as a subject matter expert on federal information security and privacy requirements, contracts (including drafting and negotiating data licenses), information sharing, and federal records management matters.

This is a hybrid position located in Washington, D.C. with a weekly Wednesday on-site requirement and as business needs require.