Full-Time

In-house Counsel

Employment Law

Confirmed live in the last 24 hours

The Federal Reserve System

The Federal Reserve System

1,001-5,000 employees

Central bank managing U.S. monetary policy

Fintech
Financial Services

Compensation Overview

$130k - $150kAnnually

Mid, Senior

St. Louis, MO, USA

Requires on-site presence a minimum of 3 days per week.

Category
Legal
Risk & Compliance
Legal & Compliance
Requirements
  • J.D. from an ABA accredited law school.
  • Admission to the Missouri bar, or eligibility and commitment to seek and obtain admission to the Missouri bar within 90 days of employment.
  • 3-8 years relevant legal experience in law firms, governmental agencies, and/or in-house legal departments.
  • Strong analytical, problem solving and research skills.
  • Experience counseling and training all levels within an organization on employment and other legal matters.
  • Ability to explain legal concepts, orally and in writing, to business clients in a clear and concise manner.
  • Experience working cooperatively and collaboratively with others on complex issues.
  • Willingness to learn various areas of the law and to assist colleagues as requested.
  • Ability to multi-task, prioritize and complete numerous projects simultaneously.
  • A commitment to diversity, equity and inclusion.
Responsibilities
  • Provide strategic and practical legal advice to the Bank's various departments and human resources partners on all relevant employment matters (including hiring, terminations, performance management, investigations).
  • Serve as primary legal point of contact for escalated employee relations and human resources matters, providing practical advice and risk analysis.
  • Responsible for monitoring and providing advice regarding relevant legislative, regulatory and industry developments, as well as working with human resources and other business partners to implement and train on new guidance.
  • Provide legal support on a broad range of corporate issues, including procurement/ contracts and banking regulation.
  • Draft, negotiate and review contracts, service agreements and requests for proposals and other procurement documents, including memoranda of understanding, training materials, policies and complex agreements, NDAs, licenses, and website terms of use.
  • Manage outside counsel concerning employee immigration matters and workers’ compensation claims.
  • Build relationships with colleagues at all levels of the organization and across the Federal Reserve System.
  • Undertake additional assignments as needed.
The Federal Reserve System

The Federal Reserve System

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The Federal Reserve System serves as the central bank of the United States, playing a crucial role in shaping the nation's economy and financial stability. It formulates national monetary policy, which involves managing interest rates and money supply to promote economic growth and control inflation. The Federal Reserve also supervises and regulates banks and bank holding companies to ensure a safe and sound banking system. Additionally, it provides financial services to banks and the U.S. government, acting as a bank for banks. What sets the Federal Reserve apart from other financial institutions is its unique position as a government entity that operates independently to achieve its goals. The primary aim of the Federal Reserve is to foster a stable financial system and a healthy economy, ultimately benefiting the public and the global economy.

Company Stage

N/A

Total Funding

N/A

Headquarters

null, null

Founded

N/A

Growth & Insights
Headcount

6 month growth

-1%

1 year growth

-1%

2 year growth

-1%
Simplify Jobs

Simplify's Take

What believers are saying

  • Working at the Federal Reserve offers the opportunity to contribute to significant economic policies that impact the global economy.
  • The Fed's diverse and inclusive work environment fosters creativity and innovation, providing room for personal and professional growth.
  • Employees benefit from a high-performance culture with meaningful responsibilities and a strong work-life balance.

What critics are saying

  • The Federal Reserve's involvement in controversial areas like crypto regulation and monetary policy can lead to public scrutiny and pressure.
  • The complexity and scale of its operations may result in slower adoption of new technologies, as seen with the FedNow system.

What makes The Federal Reserve System unique

  • The Federal Reserve System stands out as the central bank of the United States, wielding unparalleled influence over national monetary policy and financial stability.
  • Its role in supervising and regulating banks, alongside providing financial services to the U.S. government, sets it apart from other financial institutions.
  • The Fed's introduction of innovative systems like the FedNow instant payments platform highlights its commitment to modernizing financial services.

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