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Company name
Federal Home Loan Bank of Boston

Reston, VA

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Summary of Position

The Federal Home Loan Banks Office of Finance (the “OF”) is seeking qualified candidates for a full-time Counsel position. Reporting to the General Counsel, the Counsel will provide day-to-day legal support to departments across the OF on a variety of legal matters related to the mission of the OF, including contracts, regulatory compliance, governance and capital markets.

Primary Responsibilities Draft, review and negotiate vendor contracts and other agreements, and assist in contract management. Prepare and/or review resolutions and minutes in connection with meetings of the OF board of directors, board committees and management committees, and assist in meeting preparation. Draft, review and update internal policies and procedures. Monitor legislative and regulatory developments affecting the OF, conduct legal research, and prepare memos, correspondence and other documents. Provide day-to-day legal advice and support to departments across the OF regarding general corporate, regulatory compliance and governance matters. Assist in drafting, reviewing and updating periodic reports and other disclosure documents. Coordinate with outside counsel as necessary. Perform other duties and responsibilities as may be assigned from time to time.

Qualifications & Skills J.D. degree from an accredited U.S. law school; active bar membership in good standing in at least one U.S. jurisdiction (Virginia preferred). 4+ years of relevant law firm and/or in-house experience (experience in drafting and negotiating vendor contracts in the information technology area and experience with regulated financial institutions a plus). Knowledge of debt capital markets and disclosure matters. Excellent writing, research and analytical skills. Collaborative style and ability to work in a team environment, adjusting quickly to evolving needs. Good judgment, high level of professional integrity and strong work ethic. Strong organizational and planning skills. Ability to multitask, prioritize and follow through on multiple projects concurrently and to manage projects independently.

Little to no travel away from office is expected.

Eligibility to work in the United States is required.

Salary commensurate with experience; strong benefits package.

About the Office of Finance

The Federal Home Loan Bank System

The public policy mission of the Federal Home Loan Bank System (the “System”), which was created by Congress in 1932 and consists of the 11 regional Federal Home Loan Banks (the “FHLBanks”) and the OF, is to support residential mortgage lending and related community investment through its member financial institutions. The System fulfills its role in housing finance by providing members with access to reliable, economical funding and technical assistance, and special affordable housing programs. The FHLBanks have been a fundamental part of the nation’s financial system for over eight decades.

The Office of Finance

Located in Reston, VA, a suburb of Washington, D.C., the OF is operated on behalf of the FHLBanks. Its primary function is to issue and service all debt securities for the regional FHLBanks, while obtaining the most cost-effective terms possible given current market conditions. Related activities include the compilation and publication of the combined financial statements, analysis and joint development of new funding opportunities, and educational outreach to inform investors and other interested parties about FHLBank debt products. The OF also provides the FHLBanks with credit and general capital market information/data, and manages the relationship with the credit rating agencies. In addition, the OF administers two tax-exempt government corporations, the Financing Corporation and the Resolution Funding Corporation.

As an agent of the FHLBanks, the OF is a unique organization. While it is the size of a small business, it has access to the resources, and shoulders the responsibilities, of a large corporation. The OF does not have the drivers of a traditional business, such as a P&L or equity value. Rather, its staff and leaders derive their satisfaction from tackling the diverse challenges of serving the FHLBanks, individually and as a System, as well as managing dealer and investor relationships — all while remaining keenly focused on its day-to-day core mission.

The FHLBanks and the OF are government-sponsored enterprises regulated by the Federal Housing Finance Agency.

Equal Opportunity Employer

The OF is an equal employment opportunity employer. It is the OF’s policy to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, status as a parent, or genetic information, or any other characteristic protected by applicable law.

Company info

Federal Home Loan Bank of Boston
Website :

Company Profile
What is the Federal Home Loan Bank of Boston? Simply put, it is a bank for banks. Cooperatively owned by more than 450 New England financial institutions, the Bank provides reliable access to wholesale credit for these members and other qualified borrowers.

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