Counsel (Maintenance)

Company

Federal Reserve Bank of Boston

As an 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: diversity, equity and inclusion, innovation, integrity, and leadership.

It is anticipated that you will work on a Hybrid basis under the Bank's "Hybrid" categorization of this role. You agree to work in the FRB Boston office and with a schedule agreed upon with your management team. The current hybrid policy is that you spend at least half of your working days over the course of each month in person (either on-site at the Bank, or on Bank business elsewhere). This arrangement will be reviewed periodically as the Bank assesses hybrid work arrangements. While working from your home office, you agree to have the appropriate office set up to support your full engagement and protection of Federal Reserve information. It is expected that you reside within the First District and remain located within the district.

Counsel

Seeking a senior attorney responsible for acting as legal counsel to the Bank for legal and policy matters related to: bank supervision & regulation, financial stability, and systemic risk.  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).

Responsibilities

Analyze, conduct research, and otherwise assist in developing the Bank's and/or the System's position on legal and policy matters in areas relating to bank supervision and regulation, financial stability, and systemic risk. 

Provide legal advice and counsel to Bank officers and senior staff on legal and policy matters related to assigned areas of responsibility or other areas of Bank activity or involvement as may be requested. 

Work with the Federal Reserve Board of Governors' legal staff and other Federal Reserve Bank legal staff on legal matters.

Represent the Bank at key meetings or agency proceedings related to areas of responsibility or expertise. 

Respond to inquiries from public and legal professionals, and speak publicly, on matters/areas of responsibility. 

Serve as in-house counsel to other departments or areas in the Bank as may be assigned or requested from time-to-time. 

Review various types of banking applications (e.g., bank holding company, merger, membership) and participate in Bank and Board of Governors meetings with outside counsel to discuss activities of banks and financial institutions. 

Maintain contact with attorneys at, and serve as a liaison to, other agencies regarding matters and policy related to supervision and regulation, financial stability, and systemic risk and/or other areas of responsibility. 

Perform other duties as assigned.  

This position typically is not required to directly supervise others. The incumbent may be requested from time-to-time to supervise an intern or a member of the Legal Department's support personnel. 

Knowledge & Experience

Knowledge and experience normally acquired through, or equivalent to, the completion of a Juris Doctor degree, admission to the Massachusetts Bar, and a minimum of 8 years of relevant banking/financial institution law experience required.   Experience in bank supervision & regulation preferred.  General in-house corporate law or agency experience could be a plus.  Preferred qualifications include: strong drafting, negotiating and analytic, written and oral communication skills; ability to juggle multiple client requests and needs and to adjust priorities; ability to think creatively and strategically; highly collaborative; strong attention to detail; receptivity to continuous learning; and a proactive approach to recognizing needs, anticipating issues, and solving problems.

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.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

Yes

Job Category

Work Shift

First (United States of America)

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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.

Privacy Notice