Closing Date: 15th May, 2024

Description:

Summary:
This position is located in the Legal Division, Bank Activities Unit. The Bank Activities Unit is responsible for providing legal advice and counsel on all open bank legal matters within the Supervision, Legislation & Enforcement Branch in coordination with the other sections in the Legal Division and other FDIC Divisions.

Duties:
  • Prepares legal briefing papers, office memoranda and other legal documents on sensitive legal issues, including those involving questions of first impression and with strongly conflicting precedents, which require extensive research, analyses and ingenuity to resolve.
  • Represents the Unit, Section, Branch, and Legal Division on task forces, committees, and working groups dealing with matters of concern to the FDIC and works with counterparts at other banking agencies on matters of shared concern.
  • Works closely with staff members in the other government agencies, including the Federal Reserve Board and Banks, the Office of the Comptroller of the Currency, the Department of Justice, and state banking departments.
  • Prepares legal advisory memoranda and develops recommendations in response to questions and issues raised by insured financial institutions, bankers, financial institution counsel, members of Congress, financial institution depositors and customers, relating to the interpretation of Federal Deposit Insurance Act (“FDI Act”), Federal banking, securities, and derivatives laws and regulations, and various statutes and regulations governing the activities, operations, and structure of open operating financial institutions.
  • Performs specialized policy-oriented legal work relating to the FDIC's supervisory and regulatory functions, with particular emphasis on the development of regulations, legislation, and FDIC legal/supervisory policy guidance, and the interpretation and application of the statutes and regulations governing the activities, operations, and structure of financial institutions.

Requirements:
Conditions of Employment:
Registration with the Selective Service. (http://www.sss.gov/)

U.S. Citizenship is required.

Employment Conditions. (https://www.fdic.gov/about/careers/personnel-security-process/)
 
Completion of Financial Disclosure may be required.

Minimum Background Investigation (MBI) required.

Qualifications:
Qualifying experience may be obtained in the private or public sector. Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g. Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic, religious spiritual; community; student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience. Additional qualifications information can be found here.

To qualify, applicants must have completed at least one year of specialized experience equivalent to at least the 13 grade level or above in the Federal service.
Specialized experience is defined as experience conducting legal research and analyses, providing recommendations to management and/or policymakers, and drafting legal opinions/legal documents related to the Federal Deposit Insurance Act (FDI Act), or other banking or financial institution laws.

This position has a positive education requirement, transcripts must be provided showing degree conferred. Official transcripts must be provided prior to appointment.
Education: All attorney and law clerk trainee positions have a minimum requirement of completing a Juris Doctorate (J.D.) or Bachelor of Laws (LL.B.) or Master of Laws (LL.M.) from an accredited school (accredited by the American Bar Association (ABA).
Bar Membership: All attorney positions require current active bar membership (hold active license to practice law). Admission to the bar of any State, territory, Commonwealth of Puerto Rico, District of Columbia, or Federal Court is acceptable. Employees must maintain active bar membership while employed as an attorney with the FDIC. Active Bar membership must be verified prior to appointment.

Education:
See requirements stated under QUALIFICATIONS.