Honors Counsel

Full Job Description

The employee shall serve as a Counsel in OGC as a participant in the agency's Legal Honors program.

Under the supervision of senior legal staff, the Honors Counsel will conduct legal research; draft legal opinions, regulations, regulatory guidance, and other documents; interpret federal statutes and regulations; and provide legal advice on matters related to all aspects of FHFA's operations.

*This posting is intended for candidates that have been admitted to the BAR* This program is available to recent law school graduates (calendar year 2024 or 2025) who have been admitted to the bar and are currently employed in a judicial clerkship that will conclude by October 2026.

Qualifying experience for the EL/GS-11 level includes: Basic Requirement for Attorney positions: All applicants must possess: J.D. or LL.B.

degree --AND- Active membership of the bar in good standing in any state, territory of the United States, the District of Columbia, or the commonwealth of Puerto Rico.

In addition to meeting the basic requirement, applicants must have one-year of specialized experience equivalent to the EL/GS-09 level which is in or directly related to the line of work of the position.

EL/GS-11 level specialized experience include: A federal or state judicial clerkship after law school in which the candidate gained experience researching, analyzing, and drafting legal memoranda and other related documents.

Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social).

Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment.

You will receive credit for all qualifying experience, including volunteer experience. Major Duties:

This program is available to recent law school graduates (calendar year 2024 or 2025) who have been admitted to the bar and are currently employed in a judicial clerkship that will conclude by October 2026.

The Honors Counsel will work on assignments from each of the branches within OGC: Mission Branch supports FHFA's activities as supervisor and regulator of Fannie Mae, Freddie Mac, the Federal Home Loan Banks, and the Office of Finance, including with respect to safety and soundness, charter compliance, executive compensation, and their housing and community investment missions; as conservator of Fannie Mae and Freddie Mac; and as a member of the Financial Stability Oversight Council.

Also supports the agency's legislative activities.

Operations Branch provides overall direction, coordination, leadership, and representation on ethics, procurement and contracts, employment, trademark, mortgage fraud, Freedom of Information Act, Privacy Act, Paperwork Reduction Act, data, research, and statistics and other administrative law matters.

Litigation Branch provides oversight of litigation related to FHFA.

Major Duties and Responsibilities Analyze issues, conduct research, and prepare memoranda for senior attorneys on a wide variety of legal issues.

Develop, draft, and/or review documents such as legal opinions, regulations, policies, guidance, and related documents, legislation, contracts and other agreements, correspondence, pleadings, legal briefs, and other documents of importance to the agency.

Review and interpret legislation, regulations, guidance, and policies.

Work as part of a collaborative team with fellow legal staff, support staff, and subject matter experts on issues related to assigned areas of law or policy, including attending meetings with colleagues across FHFA.

Research, analyze, and evaluate legal issues pertaining to FHFA in order to prepare legal documents, reports and memoranda for review, approval, and use by the General Counsel or other senior legal staff.

Consult various electronic and hardcopy sources, including statutes, regulations, and case law. Research, assemble, and summarize legislative histories on issues of interest to FHFA staff.

Perform legal research by utilizing a wide variety of electronic and hardcopy resources including electronic search engines and resources on the Internet.

Contact other regulatory and federal agencies to obtain information relevant to FHFA issues. Cite-check, proofread, and edit legal opinions and other OGC documents.

Assist senior attorneys in litigation matters, including conducting research, drafting, and/or reviewing pleadings, and implementing strategies to address emerging challenges.

Attend meetings with regulated entities and external parties on matters related to assignments, as appropriate. Perform other duties as assigned.