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The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region.

 

Our highly skilled team of 225 is innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.

 

Bank Interns are expected to work in our Prudential Tower office in Boston’s Back Bay neighborhood as often as possible. The Bank does offer full-time employees a hybrid work model that does require weekly in-office time.

 

The Bank does not offer remote internships.

The Bank is not able to sponsor work authorization for Interns. 

 

Internship Summary 

The Law Clerk intern will work side-by-side with the Bank’s team of experienced attorneys and gain a general understanding of how an in-house legal department operates and ensure our interns leave with practical knowledge and a strong professional network.  Moreover, because the internship will be within the legal department of a regulated financial institution and government-sponsored enterprise, the intern will also be provided with a foundation in various aspects of business law, administrative law, and regulatory compliance providing a unique perspective on law in a business context. The ideal intern will be someone interested in exploring law within the financial services and/or banking sector.

 

The pay for the internship is $30/hour. This is a full-time internship, anticipated to require 40 hours a week. It will be part of our 2026 summer internship cohort, running from mid-May to mid-August 2026. Our interns from within various departments around the Bank will be invited to participate in a variety of professional and social experiences designed to foster connection and teamwork. 


Specific Responsibilities

  • Provide broad, general support to the FHLBank Boston Legal team.
  • Assist bank attorneys across various practice areas, including:
    • Member services (e.g., membership, credit, lending, and collateral issues)
    • Vendor management (e.g., contract review and negotiation)
    • Regulatory compliance (e.g., tracking new laws and regulations)
  • Contribute to specialized legal projects as assigned by the Assistant General Counsel.
  • Perform legal research and writing as well as assisting with other duties assigned by members of the Legal Team.
  • Shadow lawyers in real-time contract negotiations, meetings with internal clients, etc.

 

Benefits for the Intern   

  • Establish relationships with and receive hands-on guidance from the Bank’s team of experienced attorneys to ensure a successful internship experience.
  • Exposure to a set of legal and regulatory issues and how they come to life within a financial institution.
  • Interact with other interns in a variety of Bank departments and disciplines. 
  • Monthly commuter support, up to $100 a month.

 

Qualifications

 

Education

  • Applicants must be current first- or second-year law students attending an ABA-approved law school.

 

Experience

  • Some prior experience in an office environment is preferred.
  • Experience with coursework, prior internship, work, volunteering and/or projects related to legal research and writing.

 

Knowledge/Skills

  • Strong issue-spotting, problem-solving and analytic ability.
  • Ability to communicate effectively, both orally and in writing.
  • Excellent interpersonal skills.
  • Ability to maintain confidentiality.
  • Demonstrated strong attention to detail.
  • Demonstrated organizational and time management skills.
  • Ability to work within a team environment.

 

 

As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation.

 

Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this internship opportunity at any time.

 

Applications are being accepted on the Careers page of our website:  www.fhlbboston.com