Company

The Federal Reserve Bank of Dallas:

The Federal Reserve Bank of Dallas (Dallas Fed or Bank) promotes a strong financial system and healthy economy in the Eleventh Federal Reserve District, which includes Texas, northern Louisiana, and southern New Mexico. Through our offices in Dallas, El Paso, Houston, and San Antonio, and our team of 1,300 employees, we work for and with the people of our district to build a strong and inclusive economy. The Dallas Fed works within the Federal Reserve System and with other public and private sector institutions to foster the safety, soundness, and vitality of the United States economy and financial system.

We are one of 12 Reserve Banks that, along with the Board of Governors in Washington, D.C., constitute the nation’s central bank. We are part of the Federal Reserve System, which was established by Congress in 1913. Our mission is to serve the interests of the American public by informing and influencing our nation’s monetary policy, fostering financial stability, and delivering quality services to the United States government and the financial institutions in our region.

Our responsibilities are wide-ranging. We conduct economic research and gather perspectives from our region to bring to national conversations about monetary policy. We work with government, financial industry, and the community to ensure our banking system is safe, accessible, and secure. We help maintain a reliable supply of cash and support digital payment. We work with community partners to ensure that all people in our district have opportunities to build a bright economic future. Our success depends on actively connecting with the people and communities we serve.

The Role:

The Federal Reserve Bank of Dallas is looking for a proven leader who will work collaboratively with the Bank’s General Counsel and management to consistently provide excellent legal, ethics, and compliance counsel for the Bank. In addition, this leader will be responsible for implementing the strategic direction for the Legal Department, managing the Bank’s ethics function, and collaborating on initiatives for the Bank as a whole.  This leader will have a successful record of leading a professional legal team by working to attract, retain, and develop talented people in an inclusive environment where each person is valued for the distinct skills and attributes they bring to the group.  The Deputy General Counsel will work collaboratively with peers and stakeholders across the Federal Reserve System, and will ensure their team and the practices of the Bank sustain and enhance the Bank’s reputation as a trusted public and financial institution.  

Key Responsibilities:

• Be a key legal advisor, providing legal counsel and ethics guidance, as well as broad-based expertise and strategic advice to the General Counsel and other Bank leaders and employees.
• Build trusting relationships that allow for effective collaboration and thought partnership with stakeholders in the Bank and across the System.
• Represent the Bank’s Legal Department at the System level, with the Board of Governors, and with outside agencies, as needed, and throughout the 11th District more broadly.
• Oversee the performance of the Legal Department, including implementation of its strategic plan and departmental priorities.
• Manage all legal services that are provided by the Bank’s in-house attorneys and its outside counsel.
• Be a visible thought leader and voice at the Bank and across the System to further advance the mission and vision of the Bank, including legal analysis of policy issues relevant to the System.
• Engage stakeholders at the Bank and across the System to identify initiatives and business opportunities where the Legal function and Bank can add value or lend expertise, and influence outcomes.
• Provide comprehensive management to the legal staff, including coaching and development, to ensure their engagement and expand their capabilities.

The Person:

• Lead with a clear set of values, demonstrate integrity in all situations and is a role model of ethical conduct.
• Expertise with current and evolving legal issues and trends in banking, financial regulation, payments, technology, and ethics. 
• Experienced attorney with the ability to anticipate legal issues or risks and “to see around the corner” and recommend approaches that are pragmatic in a regulatory environment.
• Deep interest in improving public policy and commitment to the mission of the Federal Reserve System.
• Ability to influence management and stakeholders of the Bank, and across the System, through exceptional relationship management, judgment, and persuasive communication skills.
• Exceptional legal skills, including critical analysis of key legal issues, ability to develop legal strategy and objectives; sophisticated drafting of position papers; and oversight of contract strategy and management.
• Strong business acumen with a proven ability to evaluate the costs, risks, and benefits associated with alternative actions before making decisions. Effectively lead the implementation of new approaches in an evolving risk environment.
• Demonstrated track record on creating a diverse and inclusive culture and practices and cultivating diversity within direct teams. Proven ability to positively coach, lead, and develop others to achieve their professional best.
• Strong collaboration skills and an interest in ensuring strong cross functional and enterprise- wide relationships with an ability to partner effectively with others in the pursuit of common goals. Ability to navigate a matrix organization.
• Effective and strong interpersonal and diplomacy skills, and excellent presentation skills.

Education and Experience:

• 12 plus years of progressively responsible legal experience in banking, financial services, or other relevant industry/specialty areas, including at least five years of management experience.
• Understanding of the Bank’s and the System’s role in the banking, payments and regulatory environment and strong knowledge of the legal complexities through active responsibility for legal teams, evolving legal issues and engagement with key stakeholders.
• Juris Doctor Degree from an ABA accredited law school and law license in good standing.

Our Benefits:

We offer competitive pay and benefits including but not limited to:

• Health, dental and vision insurance.
• Pension and 401K Plan with employer matching provision.
• Credit protection, financial planning, and opportunities for pre-tax savings.
• Flexible work environment with generous vacation, federal holidays, and paid time off to volunteer in the community.
• Healthy lifestyle assistance through an on-site fitness center and subsidized cafeteria with healthy food options.
• Centrally located in Downtown Dallas with free on-site underground parking, and public transportation subsidy.
• Support with continued education.

An Inclusive Economy and Workplace

The Dallas Fed is committed to building a strong economy that creates opportunity for the people of our district. We embrace diversity, promote equity, and advance inclusion in the work that we do.

To deliver on our mission, we are working to expand access to economic opportunity. We start by fostering a diverse and inclusive workplace that values a wide range of views and experiences. We know our decisions must reflect the diversity of our communities.

The Dallas Fed stands against all forms of discrimination. This stance informs all aspects of our decision-making, hiring practices and commitment to promote an equitable and inclusive workplace and an economy that works for all our residents.

Notes

*This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are permanent residents may be eligible for the information access required for this position if they sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship and meet other eligibility requirements. In addition, all candidates must undergo an enhanced background check and comply with all applicable information handling rules. 

*This position is based in Dallas. The position requires local and out-of-state travel as business needs dictate.

Are you ready to make a difference?

The Federal Reserve Bank of Dallas is proud to be an Equal Opportunity Employer that believes in the diversity of our people, ideas, and experiences, and we are committed to building an inclusive culture that represents the communities we serve.

https://www.dallasfed.org

Full Time / Part Time

Regular / Temporary

Job Exempt (Yes / No)

Job Category

Work Shift

The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

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