Legal Assistant/Attorney (Banking Regulation and Policy - LEGAL) at Federal Reserve Board of Governors in Washington, Washington DC

Job Description:

Minimum Education

Juris doctor

Minimum Experience

0

Summary

The entry level attorney is expected to have a superior academic record from a law school recognized as offering a strong academic program. The entry level Legal Assistant/Attorney assists other Division attorneys by performing research and drafting correspondence and memoranda.

*Admission to a recognized bar must be obtained within 14 months after appointment. Title of Legal Assistant will be used until notification of bar admission.

Duties and Responsibilities

1. Performs legal research in support of more experienced attorneys. Includes complex merger and acquisition transactions involving consideration of federal and state banking law, securities and antitrust law, corporate and accounting issues, international financial matters, litigation in which the Board is a party or has an interest, and enforcement actions against financial institutions and directors, which require the ability to identify and suggest resolutions to difficult business and legal issues.

2. Prepares draft memoranda and correspondence on matters for which there is clear precedent, matters requiring extensive legal research to identify issues, propose resolutions, and construct alternate arguments.

3. Responds to inquiries (from Board staff, Reserve Bank staff, other regulatory agencies, financial institutions, and the public) relating to the interpretation of banking law and other regulatory matters which are fairly clear cut.

4. Renders preliminary determinations under the Government in the Sunshine Act. Applies the requirements of the Act to determinations as to whether Board agenda items should be considered at a Board meeting open (or closed) to the public.

5. Reviews paralegal work responding to Freedom of Information Act requests.Requirements for FR-25
Requires a law degree and bar membership* as well as demonstrated analytical ability and strong oral and written communications skills.
*Admission to a recognized bar must be obtained within 14 months after appointment. Title of Legal Assistant will be used until notification of bar admission.

Requirements for FR-26
Successful candidate will have at least one year of experience as a practicing attorney in private practice or government agency with developing skills and expertise in banking law or other areas of law related to the Board's responsibilities and general knowledge of financial institution supervision and regulation. Active bar membership required.

Requirements FR-27
Successful candidate will have at least two years of work experience as a practicing attorney in private practice or government agency and general knowledge in the regulation of financial institutions or in the regulation of securities, derivatives, insurance or commodities. Prior experience in developing and drafting regulations applicable to banking organizations or other financial institutions also is valuable. Corporate transactional experience is helpful. Active bar membership required.

Remarks:
At all FR-levels, successful candidate will 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: