Job Abstract

• 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 administrative proceedings; The Federal Rules of Evidence; and investigations.

Requirements for FR-28

Successful candidate will have at least six years of work experience as a practicing attorney and strong knowledge of administrative proceedings; The Federal Rules of Evidence; and investigations.

Requirements FR-29

Successful candidate will have at least eight years of work experience as a practicing attorney and extensive knowledge of administrative proceedings; The Federal Rules of Evidence; and investigations.

At all FR-levels, successful candidate will have a background in investigating potential violations of the U.S. banking, anti-money laundering and other federal laws, and conducting or assisting in the conduct of trials before administrative law judges. In addition, they must have demonstrated experience in conducting depositions (preferably fact and expert depositions), hearings, and the conduct of internal or external investigations. The 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). 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:

Perform assignments within the Enforcement section. Key responsibilities of the Enforcement section include conducting investigations, representing the Board in administrative proceedings, and taking enforcement actions on behalf of the Board against institutions supervised by the Federal Reserve and their officers and employees for violations of laws, regulations, unsafe or unsound business or financial practices, breaches of fiduciary duty and violations of final orders; and advising on institutional safety and soundness matters including supervisory appeals and applications matters.

The attorney may be assigned to investigations where he or she will be expected to obtain and analyze documentary evidence and/or interview witnesses to assess the appropriateness of an enforcement action. The attorney may also draft memoranda to senior staff or the Board regarding enforcement actions, legislative and regulatory proposals, or other policy matters. In addition, the attorney may make oral presentations at Board briefings or other meetings. Finally, attorneys in the section litigate contested actions before Administrative Law Judges.

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