261706 Requisition #

Legal Counsel


As part of the Federal Reserve System, the nation’s central bank, the Federal Reserve Bank of Richmond is committed to strengthening the economy and our communities.  It’s a big job, and to do it we need talented, results-driven professionals who care about making a difference.
At the Richmond Fed, our goal is not just to be an employer of choice; we want to be your employer of choice. One of the ways we do that is by offering a total rewards portfolio that includes more than compensation. Our total rewards includes thrift and retirement plans, generous paid time off, health and wellness benefits, insurance to protect you and your loved ones, work/life offerings, and a variety of professional development opportunities.


The Richmond Fed’s Legal Department is looking for an attorney with legal and technical experience in contracts, information technology, and information security.  The individual will generally represent the Richmond Fed and specifically support National IT, the national provider of information technology services to the Federal Reserve System. 


Candidates must submit an application, a cover letter, résumé, a writing sample, and three professional references.  Upload these documents as attachments to your electronic submission.  Formatted attachments can include Microsoft Office products (201_ or earlier work best), PDFs, JPGs, or HTML documents; size for each is limited to 1.5MB.  Once your profile is complete, attach your profile to open requisition #261706 (Legal Counsel) and hit “Submit.”  Your information will immediately come into the assigned recruiter’s view.

Special Considerations:

  • Candidate should review the Richmond Fed Code of Conduct to ensure compliance with issues related to previous employment and prohibited financial interests.  The Code is available on the About Us, Careers webpage at www.richmondfed.org.
  • Selected candidate is subject to special background check procedures.
  • The hiring range for position $107,900-$134,900, annually.
  • Salary and position title offered will be based on job responsibilities and individual’s knowledge, skills and experience as defined in the job qualifications/experience.

Essential Job Responsibilities (including but not limited to the following)

  • Draft, negotiate, and review contracts for procurement, especially procurement of software, hardware, consulting, outsourcing, cloud, and other services.
  • Assess potential legal and compliance risks, benefits, and consequences of contracts and other procurement transactions, present alternatives and propose solutions to achieve business objectives, while managing legal, security, and practical business considerations.
  • Advise on legal issues related to IT transactions, projects, and initiatives, including cloud computing, telecommunications, data privacy, data governance, information-sharing, IT policies, standards and compliance, open source software, information and cyber security, intellectual property, cloud computing, and emerging technologies.
  • Advise and, as needed, train colleagues on legal principles and best practices for IT, contracts and procurement, tenant leasing, data governance, data privacy, open-source software, information and cyber security, and intellectual property.
  • Conduct legal research, give oral and written opinions, and make legal and risk management recommendations on IT, cloud computing, contracts and procurement, open-source software, data governance, information and cyber security, and data privacy.
  • Actively participate on task forces, work groups, and other special projects within the Richmond Fed and across the Federal Reserve System to address legal issues related to National IT.
  • Collaborate effectively with Richmond Fed management and staff and with third-party legal and business representatives.

Required Qualifications/Experience:

  • Strong academic credentials with a J.D. degree from an accredited law school. 
  • Membership in good standing, as attorney or corporate counsel, of the Virginia State Bar (or eligibility for such membership). 
  • At least five years of legal experience in one or more of the following: information technology, contracts and procurement, information security, or cyber security.

Required Knowledge/Skills: 

  • Strong working knowledge of the following: information technology, information security, and the risk considerations relevant to a provider of technology services.  
  • General knowledge of IT systems and environments, including hardware, software, and services.
  • Experience in drafting and negotiating a wide range of contracts for IT hardware, software, cloud services, and consulting services.
  • Experience in acquiring and implementing technology assets and in resolving or litigating vendor contractual disputes.
  • Strong working knowledge of general contract law, commercial law, and corporate law.
  • Ability to identify both legal and reputational risks. 
  • Ability to summarize precisely and succinctly key legal and business issues and alternatives for executive decisions.
  • Ability to work in a fast-paced, deadline-oriented environment.
  • Ability to work independently with minimal supervision while maintaining a reputation for good teamwork
  • Demonstrated ability to prioritize multiple tasks. 
  • Outstanding client-management skills, with an ability to inspire confidence and trust in a variety of clients.
  • Excellent interpersonal skills, with an ability to interact effectively with people at all organizational levels.
  • Experience or familiarity with the regulation of financial services firms.
  • Familiarity with the National Institute of Standards and Technology’s Special Publication 800-53.
  • Willingness and ability to learn and master other subject matters, such as data privacy, intellectual property, facilities management, banking supervision, human resources, and records management. 

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