About the role#
The Legal Fellowship Program is a two-year assignment for recent law school graduates. Fellows rotate through the two divisions of the Legal Function within the Legal and Compliance Group at the Federal Reserve Bank of New York. You will gain exposure to a wide range of legal and compliance matters, including financial institution supervision, regulatory enforcement, market operations, and internal corporate legal support.
What you'll do#
- Conduct research and analysis of legal, factual, operational, or policy issues.
- Draft contracts, legal memoranda, briefs, client emails, and other documentation.
- Create and implement processes to help ensure compliance with law and mitigate legal risk.
- Prepare and deliver presentations on timely legal issues.
- Advise and build relationships with internal stakeholders.
- Develop and maintain relevant technical and practical skills and share that knowledge within the Legal Function.
- Contribute to all aspects of the work of the Legal and Compliance Group.
- Perform due diligence work, assist on policy updates, and conduct ethics and conduct reviews.
What you'll need#
- Juris doctor degree.
- Admission to the New York State bar completed or pending prior to beginning the fellowship.
- Ability to begin work in the same calendar year as graduation from law school or completion of a clerkship or legal fellowship that began immediately following graduation from law school.
- Strong research and writing skills.
- A strong academic record.
- A commitment to public sector employment.
Location & details#
- Location: New York, New York.
- Work Modality: On-site.
- Employment Type: Full-time.
- Term: Rolling.
About Federal Reserve System
The Federal Reserve System acts as the central bank of the United States. It manages national monetary policy, supervises banking institutions, and provides financial services to the government. The organization maintains a presence across the country with multiple regional banks. It employs over 10,000 people to support its economic mission.
How to get in at Federal Reserve System
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