Senior Legal Counsel Policy Advisor

Company

Federal Reserve Bank of Richmond

When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more.

All brought together in a work environment where you can truly find balance.

About the Opportunity

The Legal Department has an immediate opening for a Senior Legal Counsel Policy Advisor, reporting to the Vice President and Deputy General Counsel of Legal, with frequent opportunities to work directly with the General Counsel and advise senior leadership on policy matters affecting banking supervision matters.

What You Will Do:


* Navigate and Advise on Financial Regulatory Matters
+ Specializes in banking and financial regulatory and compliance matters.

Responsible for defining, researching, analyzing and managing policy issues related to the US central bank, regulatory system, and financial services and banking sectors.
+ Advise on legal matters related to the daily functioning of the Federal Reserve System, including secured lending, banking supervision and regulation, payment systems, risk management and compliance, and corporate governance.
+ Monitor regulatory activities and provide analysis to senior leadership and functional management.

Assess legal and compliance risks, benefits, and consequences of business decisions, presents alternatives and solutions to achieving business objectives while maintaining legal considerations.

Act as key risk advisor on bank regulatory matters. 
+ Conduct legal research into and provide analysis of novel issues, particularly in areas related to banking and financial institutions law and administrative law



* Transform Complex Regulations into Practical Guidance
+ Translate complex concepts, policies, and regulations into understandable briefs that present objective summaries of relevant research, details various policy options and reflects Bank’s point of view on various policy effects.

 
+ Assess potential legal and compliance risks, benefits, and consequences of decisions, present alternatives and propose solutions to achieve business objectives, while managing legal and practical business considerations.
+ Advise and train on legal principles and best compliance practices for credit risk management and secured lending.
+ Influence Federal Reserve policies and procedures.
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