Pathways Summer Intern - Law Clerk
Federal Deposit Insurance Corporation 81 reviews - Washington, DC

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The Federal Deposit Insurance Corporation (FDIC) is one of the most respected forces in America's financial community. Our mission is to maintain stability and public confidence in the nation's financial system by insuring deposits, examining and supervising financial institutions, and managing receiverships.

The FDIC is ranked as the Number #1 best place to work in the Federal Government.

The practice of law at the FDIC reflects the broad nature of the FDIC's work as well as its unique statutory powers. For example, because the FDIC has independent litigating authority, our attorneys practice before virtually all courts. FDIC attorneys develop case strategy, write the briefs and appear in court for arguments. The FDIC's Legal Division is a full service corporate practice providing not only litigation but transactional, regulatory and administrative legal services to the Corporation.
  • Registration with the Selective Service.
  • Employment Conditions
  • U.S. Citizenship is required.

DUTIES: Interns assigned to the Legal Division will assist attorneys in performing supervised legal research and writing and preparing legal memoranda covering a wide range of topics relating to the operation of the Legal Office. Areas of operation include bank regulatory and consumer compliance matters, litigation and bank receivership matters, and corporate practice.

Bank regulatory and consumer compliance matters
  • Developing, drafting and providing legal opinions on legislation, regulations and policy statements relating to insured depository institutions.
  • Providing guidance on deposit insurance coverage, assessments of insured depository institutions, Federal securities laws, and consumer laws.
  • Providing guidance and advice to foreign countries that are developing deposit insurance programs.
  • Working closely with bank and review examiners to ensure bank compliance with banking and consumer protection laws and regulations and the continued safety and soundness of insured depository institutions.
  • Preparing and litigating enforcement cases before administrative law judges and in federal courts.
Litigation and bank receivership matters
  • Litigating multi-million dollar actions against directors and officers, attorneys and accountants when negligence and malpractice contributed to the downfall of banks.
  • Managing some of the largest civil commercial litigation cases brought by the federal government.
  • Handling complex commercial litigation matters such as those arising out of bond claims, and commercial collection cases.
  • Developing resolution, receivership and marketing strategies for failed banks involving hundreds of millions of dollars in deposits and loans.
  • Coordinating the FDIC's anti-fraud efforts with the Department of Justice, prosecutors and FBI agents across the country in the investigation and prosecution of criminal conduct in the banking and savings and loan industries.
  • Defending the FDIC against challenges to its statutory authority and appeals from its administrative determinations.
Corporate practice
  • Providing legal opinions on a wide range of topics including statutory powers of the FDIC, the role of the FDIC as a federal agency, and corporate governance.
  • Handling labor and employment issues including administrative hearings on employee-related matters and negotiations with the bargaining unit representative.
  • Handling FDIC contracting, including contracting for the services of outside counsel.
  • Managing Legal Division technology.
  • Corporate secretary duties for the Board of Directors.

QUALIFICATIONS REQUIRED: Qualifications Required:

Applicant must meet the qualification requirements consistent with OPM qualification standards applicable to the position being filled and must be currently enrolled in an accredited Juris Doctorate (JD) or LL.M program.

For CG-7: Completion of 1 full academic year of graduate level education OR applicants who meet eligibility requirements under the Superior Academic Achievement Provision after completing a bachelor's degree. Click here for Superior Academic Achievement qualification requirements.

For CG-9: Completion of all requirements for a master's degree or equivalent degree (LL.B or JD).

Completion of Confidential Financial Disclosure may be required.

Low Risk Position - National Agency Check Investigation (NACI) required.

HOW YOU WILL BE EVALUATED: Applicants must meet the OPM qualification standards. Applicants must be in good academic standing and have, at least an overall cumulative 2.5 grade point average. Applicants who are enrolled in post-law school graduate programs may also be considered.

Your application package must include a resume - to include two letters of reference (uploaded at the same time); cover letter - stating the anticipated date of graduation and availability date; writing sample of reasonable length to demonstrate research, analytical and writing skills; responses to the Assessment Questions in the vacancy announcement; proof of school enrollment for the upcoming semester; and all college transcripts including law school transcripts. These documents will be reviewed to determine qualification requirements. Applicants will be referred to the selecting official for further review and consideration. Applicants eligible for veterans' preference will receive selection priority.

To preview questions please click here .

BENEFITS: Interns may be eligible for certain Federal employee benefits.

OTHER INFORMATION: Additional selections may be made from this vacancy announcement to fill identical vacancies that occur subsequent to this announcement.
To read about your rights and responsibilities as an applicant for Federal employment, click here .
If selected, you may be required to serve a trial period.

About this company
81 reviews
Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation's banking system. The FDIC...