Intern - Legal-267102

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Federal Reserve Bank of Boston

Primary Location

 MA-Boston

Full-time / Part-time

 Full-time

Employee Status

 Temporary

Overtime Status

 Non-exempt

Job Type

 Internship

Travel

 No

Shift

 Day Job

Job Sensitivity Tier II CC@Hire/No CC@Rescreen

 

Job Summary: 
This summer term full-time clerkship is an opportunity to gain public service experience and be part of the in-house legal team at the Federal Reserve Bank of Boston. We are seeking a law student who is eager to deepen their understanding of the Federal Reserve System, the central bank of the United States. The intern will be exposed to multiple internal client departments as well as different areas of the legal practice within the Federal Reserve Bank of Boston.

Job Description:
This position is responsible for conducting legal research; drafting legal memoranda; supporting the in-house functions of the Federal Reserve Bank of Boston; and interacting with members of the legal department and participating in meetings. 

Principal Accountabilities:
•    Research and analyze various legal resources and authorities, e.g. case law, statutes and regulations, regulatory guidance, congressional/legislative history, and legal treatises.
•    Track and/or monitor pertinent legislation, legislative and regulatory developments, media/press reports and information, and cases; report as requested or assigned.
•    Handle personal and confidential material.
•    Prepare legal memoranda, reports, and varied other written documentation, properly and thoroughly citing sources/legal authority.
•    Relay and discuss legal information, and research results and analysis, to Legal Department colleagues and clients, both face-to-face and as otherwise may be requested or appropriate.
•    Attend select legal conference calls, meetings, seminars and webinars on pertinent topics and provide notes or de-briefings as requested or appropriate.

Other Accountabilities:
Perform other duties as assigned.

Supervision:
This position is not required to directly supervise other employees.

Knowledge and Experience:
Applicants must have completed their first year of law school by the beginning of the internship, which is typically in late May. Applicants must generally be available for web-based videoconference interviews during January and February of 2021, which will likely be conducted via WebEx.

Candidates must supply a cover letter, résumé, and transcript. Undergraduate transcripts are acceptable if first-semester law school grades are not yet available, but all applicants must submit first-semester law school transcripts as soon as they are available. 

Applicants should have outstanding academic records, evidence of strong research and writing skills, an interest in and commitment to public sector employment, maturity, and personal achievement.

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
 
 All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.
 
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

 
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Technology we use

  • Engineering
    • JavaLanguages
    • JavascriptLanguages
    • PythonLanguages
    • ReactLibraries
    • TerraformLibraries
    • RsocketLibraries
    • RDSLibraries
    • SpringFrameworks
    • NoSQLDatabases
    • aerospikeDatabases

Location

Centrally located next to Boston's South Station between the Financial District and the Boston Seaport neighborhood.

What are Federal Reserve Bank of Boston Perks + Benefits

Federal Reserve Bank of Boston Benefits Overview

The Boston Fed has very comprehensive compensation and benefits offerings, allowing us to focus on work-life balance while supporting the Bank’s primary focus - Public Service That Makes a Difference®.

In addition to great healthcare, dental, prescription, and vision coverage, the Boston Fed offers a comprehensive Employee Assistance Program (EAP), health and dependent care flexible spending accounts. These benefits are available to employees, their qualified families, and domestic partners. The Boston Fed also has an onsite, state-of-the-art fitness facility, offers season flu shots, and wellness screenings.

Culture
Volunteer in local community
The Boston Fed participates in local volunteer activities and provides each employee with two paid volunteer days.
Partners with nonprofits
Through the work of our Employee Resource Groups (ERG's) and other departments within the Boston Fed, we partner with local Non Profits as a way to give back to the communities where we live and work.
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
We believe a hybrid remote/in-office arrangement is part of the future of work at the Boston Fed, which will ultimately offer more flexibility.
Remote work program
Remote work options include: • Office-based • Hybrid/scheduled • Hybrid/ad hoc • Primarily remote
Diversity
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
Diversity manifesto
Diversity employee resource groups
The Boston Fed offers employees the chance to participate in employee resource groups (ERGs) and affinity groups with a specific interest. ERGs and affinity groups are a valuable component of the Bank
Hiring practices that promote diversity
We believe in the strength that comes from diverse perspectives, ideas, and approaches to solving important business problems. Our organization embraces diverse employees, constituents, and community
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Wellness programs
Team workouts
Mental health benefits
.
Financial & Retirement
401(K)
401(K) matching
Performance bonus
Child Care & Parental Leave Benefits
Childcare benefits
Federal Reserve Bank of Boston provides backup child care assistance, including tutoring, in-home childcare and virtual child care assistance.
Generous parental leave
Family medical leave
Adoption Assistance
The Bank provides up to $5,000 in reimbursement associated with the cost of adopting a child.
Restricted work hours
Return-to-work program post parental leave
Company sponsored family events
The Fed Society plans family oriented events a few times throughout the year.
Vacation & Time Off Benefits
Generous PTO
Paid volunteer time
The Federal Reserve Bank of Boston encourages employees to give back with paid volunteer time up to 16 hours a year.
Paid holidays
Paid sick days
Office Perks
Commuter benefits
The Federal Reserve Bank of Boston offers pre-tax commuter benefits for all employees through Wage Works, including a $90 subsidy toward your transit monthly passes.
Company-sponsored outings
Recreational clubs
Fitness stipend
The Bank offers a free on-site fitness center, including classes and open 24 hours a day.
Onsite gym
Professional Development Benefits
Job training & conferences
The Boston Fed offers employees professional development opportunities like onsite training courses and the ability to attend job related conferences and seminars.
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

At a time when many organizations no longer offer a traditional pension plan, the Federal Reserve’s Retirement Plan is recognized for the value it provides in helping secure employees’ financial future during their retirement years. Fed employees are automatically enrolled in our pension plan.

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