Federal Reserve Summer 2024 Legal Intern - Federal Reserve Bank (FRB)

Company

Federal Reserve Bank of Richmond

Grow Your Career at the Richmond Fed!

At the Richmond Fed, we’re driven by our mission to strengthen the economy and our communities. We take great pride in what we do and it impacts everyday people every day.

When you join our team, you’ll become part of a culture that welcomes differences, cares about our communities, and empowers each other to lead from where we are to make things better.

Bring your passion and we’ll provide challenging and purposeful careers in a variety of fields, opportunities to grow and a wide range of benefits and perks that support your health and wealth. It’s all part of what makes #MyRichmondFed a great place to work!

About the Opportunity

The Federal Reserve Bank of Richmond is seeking a law student intern to work in its Legal Department for Summer 2024. The internship’s purpose is to provide the student an opportunity to work alongside a team of in-house lawyers, research matters ranging from employment to information technology to the future of the U.S. financial system, and learn about the Federal Reserve.

The Summer Internship Program provides outstanding students with the opportunity to gain valuable work experience at a unique institution. Through advanced project work assignments and professional development activities, interns are provided with an extensive understanding of the work of the Federal Reserve. Interns will be given the opportunity to enhance their business skills through contract reviews and analysis, formal presentations, research, and writing. In addition to specific business area tasks, you will receive targeted leadership training, mentorship, and exclusive networking opportunities.

What You Will Do:

• Work at the direction of the attorneys in the Richmond Fed’s Legal Department.
• Research topics related to, among other things, banking, commerce, employment, information technology, contracting and procurement, economics, regulatory policy, and corporate governance. 
• Review legal documents, write cogent summaries, deliver clear presentations, and participate actively in meetings with other Federal Reserve staff members.  
• Give a formal presentation to the Legal Department at the end of the internship period. 

Qualifications:

• Currently enrolled 2L
• GPA of 3.0 or higher 
• Excellent research, analysis, speaking and writing skills 
• Confident and quick learner unafraid to tackle and master new subjects 

Preferred Qualifications: 

• Coursework in the following subjects is beneficial: Banking, Contracts, Corporate Law, Employment Law, and/or Secured Transactions.   

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you’ll also have access to a wide range of benefits and perks that support your health and wealth, including:

• Great medical benefits
• Pension and 401(k) with employer match
• Generous paid time off
• Tuition reimbursement
• Employee resource networks
• Paid volunteer leave
• Flexible work options
• Onsite amenities that make working here fun

  

Other Requirements and Considerations:

• Candidates should review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.  The Code is available on the About Us, Careers webpage at www.richmondfed.org.
• Sponsorship is not available for this role.
• Selected candidate is subject to special background check procedures.
• The hourly rate for summer interns is $26.50/hour. 
• The Federal Reserve Bank of Richmond does not offer permanent positions to legal interns.

US Citizenship or US Permanent Resident status is required.

The Federal Reserve Bank of Richmond provides equal opportunity to all individuals without regard to race, sex, color, religion, gender identity or expression, sexual orientation, national origin, age, disability, or genetic information.

Full Time / Part Time

Full time

Regular / Temporary

Temporary

Job Exempt (Yes / No)

No

Job Category

Internship

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.

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