What are the responsibilities and job description for the Legal Intern position at REV Federal Credit Union?
Position Purpose
The Legal Intern is part of REV’s Enterprise Risk Management team and will primarily be responsible for the facilitation and administrative management of REV’s legal function in partnership with internal counsel, external counsel, and internal leadership.
Duties & Responsibilities
Assumes responsibility for the support of REV’s legal functions:
Assumes responsibilities for related duties as required or assigned.
The Legal Intern is part of REV’s Enterprise Risk Management team and will primarily be responsible for the facilitation and administrative management of REV’s legal function in partnership with internal counsel, external counsel, and internal leadership.
Duties & Responsibilities
Assumes responsibility for the support of REV’s legal functions:
- Provide legal support to Legal Counsel on various strategic, operational, governance, business, and litigation matters.
- Support Legal Department staff in responding to internal and external legal inquiries by researching and addressing issues from business units.
- Conduct legal research into statutes, case law, and regulations, and resolve routine legal questions.
- Investigate and analyze facts related to legal and regulatory compliance matters, litigation, internal investigations, and risk minimization.
- Assists in the administration of the credit union’s Vendor Management Program, including ensuring due diligence is obtained for new and existing vendors and manages a central location for vendor documentation.
- Drafts and updates disclosures, notices, forms, letters and agreements used by the credit union as business practices, technology and rules and regulations change.
- Provides updates to policies and informs key stakeholders of potential changes and changes to laws and regulations impacting REV.
- Monitors changes to state and federal law applicable to REV’s operations and the financial services industry.
- Conducts regular research on laws, regulations (federal and state), and cases affecting the financial services industry.
- Reports summaries of legal research.
Assumes responsibilities for related duties as required or assigned.
- Bachelor’s degree required.
- Currently enrolled as a rising 2L or 3L at an ABA accredited law school
- Proven ability to conduct legal research using tools like Westlaw and LexisNexis.
- Proven ability to write reports, assessments, procedures, and policies.
- Proven ability to solve advanced problems and deal with a variety of options in complex situations.
- Proven strong analytical and quantitative skills.
- Proven ability to collaborate with a variety of leaders.
- Proven ability to negotiate effectively with key employees, management, and vendors.