Job Details

Counsel

Company name

Federal Reserve Bank of New York

Organization Type

Government

Job Type

Attorney

Date Last Verified

Jun 13,2018

Posted on

Jun 12,2018

Years of Experience

2-6 yrs required

Location

New York City, NY
Practice Area
Contract Law >> Contract Law
Finance >> Finance - Banking
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Counsel - Financial Services, Technology, And Contracts The candidate will be advising on the application of relevant Federal Reserve policies regarding the provision of financial services to depository institutions and other account holders, including activities of the New York Fed’s accounting and credit risk management areas. Will be providing guidance on the regulations, agreements, and policies and procedures governing the wholesale payment, securities, and multilateral settlement services that are operated by the Federal Reserve Banks and that are overseen by the New York Fed (the Fedwire® Funds Service, the Fedwire Securities Service, and the National Settlement Service), as well as the international distribution of U.S. currency by the Federal Reserve Banks (an area also subject to national policy oversight by the New York Fed). Providing legal support for the New York Fed’s activities performed as fiscal agent for the Treasury Department, other government agencies, GSEs, and international organizations, including providing advice on the New York Fed’s role as the primary depository of U.S. government funds, as well as activities undertaken in connection with reserves held for foreign central banks and foreign monetary authorities, including gold reserves. Drafting and reviewing internal and external memoranda, agreements, and other documentation related to the above, as well as providing advice regarding the appropriate legal framework for new or expanded service offerings. Must have Juris doctor with 2-6 years of experience in providing legal advice with respect to commercial banking matters, such as transactions related to secured credit facilities, structured finance, correspondent banking, or payments activities. Should have Admission to the New York State bar. Must have experience negotiating contracts. Prior experience advising clients with respect to economic sanctions compliance, Bank Secrecy Act and anti–money-laundering matters, or emerging technologies and risks in the financial services sector (including cyber security-related issues) would be desirable.

Company info

Hiring Coordinator
Federal Reserve Bank of New York
33 Liberty Street
New York City, NY 10045

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