Intern – Legal

F

Federal Home Loan Bank of New York

Applications Closed

Posted about 2 months ago

Internship

New York, New York

In Person

Smart Summary

The Legal Intern will support Bank attorneys by conducting legal research, reviewing contracts, drafting memoranda, and assisting with compliance or litigation matters. This role involves managing documents, observing negotiations, and supporting the Legal Department’s daily operations.

This Legal Internship requires candidates to be attending an ABA-accredited U.S. Law School and have completed at least 24 credit hours towards a Juris Doctor Degree. The role involves legal research, contract review, and drafting memoranda, with strong communication and attention to detail being essential. Familiarity with legal research databases like Westlaw and Microsoft Office is expected.

Must Have Skills for ATS

Legal Research

Contract Review

Memoranda Drafting

Compliance Assistance

Litigation Support

Document Management

Negotiation Observation

Regulatory Monitoring

Legislative Monitoring

Judicial Developments

Case File Management

Documentation Gathering

Administrative Support

Attention to Detail

Communication Skills

Microsoft Office

Westlaw

Job Description

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).

F

Federal Home Loan Bank of New York

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.

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