New York City, Hybrid
Non-Exempt
Summary
This position plays a significant supporting role in the operations of the Legal Department under direction from the Chief Legal Officer and other Senior Attorneys.
Position Description
Provide legal support for the Bank’s periodic securities filings with the U.S. Securities and Exchange Commission (SEC).
Provide legal support services to various internal Bank business units, as assigned, relating to the Bank’s operations.
Conduct legal research over a wide spectrum of legal sources and assist in preparing material summarizing and applying research results to Bank issues, under the guidance of senior legal staff
Prepare documentation for member letters of credit and manage and provide legal support relating to operational functions for letters of credit.
Prepare, review and revise contracts, Bank agreements, documents, and correspondence, as assigned, and with direction from senior legal staff.
Assist Bank departments in the preparation and implementation of written policies and procedures.
Assess Bank processes and documentation for internal consistency and compliance with applicable laws and regulations, working under supervision to identify areas for improvement
Coordinate the collection, review and production of documents and help respond to discovery requests.
Develop direct client relationships within the Bank to effectively perform other duties as assigned.
Monitor resources for statutory and regulatory changes that may affect the Bank and its member relationships and provide results to business units to comment on or implement, as applicable.
Assist with the review and maintenance of the Bank’s corporate delegations of authority.
Work collaboratively with other Legal Department staff and internal clients, and required to work from the assigned office, unless otherwise pre-approved by the Chief Legal Officer.
Assist with special assignments and projects for the Legal Department, as required.
Skills & Experience
5 years of relevant Paralegal experience with securities filings and corporate transactions
Excellent communication skills both oral and written with strong analytical and research skills.
Ability to prioritize and assist the team with projects and other duties as assigned.
Team oriented and able to work collaboratively and effectively with other legal department members and staff in other business units.
Strong communication, organizational, interpersonal, and client relations skills.
Advanced knowledge of Microsoft Office, information retrieval systems and legal research software (e.g., Lexis-Nexis, Westlaw), and SEC filing platforms (e.g., Workiva).
Bachelor’s Degree. Paralegal certification highly desirable.
Hourly rate - $44 - $52
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.
