Legal Intern - Graduate

CompanyFederal Reserve Bank of Boston

As a temporary employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: community, innovation, integrity & trust, and leadership & excellence.

This position is part of the Bank's Internship/ Co-op Program which is offered to students who are currently enrolled in graduate and undergraduate studies. The Program identifies talented and qualified candidates who could potentially fill professional job openings in the Bank.

Compensation: $18-$36 per hour.  Actual pay within the range will be set based on undergraduate/graduate year and relevant experience.

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. Please provide a resume, cover letter, and writing sample.
 

Availability: End of May to early August

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.

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.

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests – such as stocks or bonds – from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
 
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.

Full Time / Part TimeFull time

Regular / TemporaryTemporary

Job Exempt (Yes / No)No

Job CategoryInternship Family Group

Work ShiftFirst (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

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