The Program
This is a 10-week full time summer internship opportunity, commencing on June 2, 2026. Candidates must be available for the entire program to be considered.
The Banks Legal Department provides legal and regulatory counsel, helps manage legal risk, and assists with ensuring compliance with applicable laws and regulations.
Primary responsibilities
The Legal Intern will support Bank attorneys by conducting legal research, reviewing contracts, drafting memoranda, and assisting with compliance or litigation matters. This role typically involves managing documents, observing negotiations, and supporting the Legal Department’s daily operations.
Provide legal research and administrative support to Bank’s in-house Legal Department.
Help monitor regulatory, legislative, and judicial developments that have significance for the Bank.
Assist with drafting and identifying legal issues contained in vendor contracts.
Help with case file management, gathering documentation, preparing for disputes or administrative hearings, and responding to governmental inquiries.
Perform other administrative duties as needed, including organizing and managing legal files and corporate records.
Skills & Experience
Familiarity with applicable software (e.g., Microsoft Office).
Familiarity with legal research, including research on electronic databases, including Westlaw.
Strong communication skills, including the ability to write clearly and express and present thoughts in an organized, clear and concise manner.
High attention to detail and ability to work under supervision.
Education:
Attendance at an ABA-accredited U.S. Law School and has completed at least 24 credit hours towards a Juris Doctor Degree. An undergraduate or graduate accounting or business degree is a plus.
Salary: $27 per hour
The Federal Home Loan Bank of New York is committed to recruit, hire, develop, motivate, promote, retain, and compensate all applicants and employees in a nondiscriminatory manner without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a parent, disability, genetic information, military or veteran status, or any other characteristic protected by applicable law (including title VII of the Civil Rights Act of 1964).
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What We Do
The Federal Home Loan Bank of New York (FHLBNY) is a privately-owned wholesale bank that helps community lenders in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands advance housing and community growth. The FHLBNY membership is comprised of commercial banks, savings banks, savings and loans, credit unions, insurance companies and community development financial institutions. The FHLBNY is part of the Congressionally-chartered, nationwide Federal Home Loan Bank System, which was created in 1932 to provide a flexible liquidity source for member community lenders engaged in home mortgage and neighborhood lending. The mission of the FHLBNY is to advance housing opportunity and local community development by maximizing the capacity of community-based member lenders to serve their markets. Since the FHLBNY is a secured lender, all of its credit products require real estate related collateral. The FHLBNY enables local lenders to extend affordable credit to their communities. Thanks to the Federal Home Loan Bank System, communities across the country have access to more affordable housing, small business, and community development programs.
