Summer Intern- Legal and Compliance

Langley Federal Credit Union
United States, Virginia, Newport News
Apr 16, 2025
Description Langley Federal Credit Union has proudly served members since 1936, offering financial solutions to help individuals and families reach their goals. This summer, we're excited to launch our first 10-week Summer 2025 Internship Program-an opportunity for motivated college juniors and seniors to gain hands-on experience in the financial industry. Full Time (40 hours/week) attendance will be required, on site in Newport News, VA, from Monday June 2 - Friday August 8. Why Intern with Langley Federal Credit Union? Work on meaningful projects, collaborate with experienced professionals in a learning-rich environment. Interns are welcomed as part of the team, with a focus on inclusion, respect, and belonging. Gain real-world experience in the financial services industry with a respected credit union. Develop skills and build a network in a supportive, team-oriented environment. Provided networking and professional development opportunities. Internship Overview The Legal and Compliance Intern will work closely with the Legal and Compliance team to help ensure that Langley Federal Credit Union adheres to regulatory requirements and internal policies. In this role, you will assist with legal research, support contract reviews, draft legal documents, and monitor regulatory changes. Additionally, you will contribute to compliance audits, support risk management efforts, maintain legal documentation, and help with training programs related to compliance policies. This internship will provide valuable hands-on experience in the legal and compliance areas of the financial services industry. Responsibilities Conduct research on laws, regulations, and industry standards relevant to Credit Unions and Financial Institutions Summarize legal findings and provide reports to the legal and compliance team. Assist in reviewing contracts, agreements and legal documents. Help draft basic legal documents, memos, and policies. Monitor regulatory updates and help ensure company policies comply with legal requirements. Assist in the development and implementation of compliance programs. Support internal audits and compliance checks to identify potential risks Maintain compliance records and assist in risk assessment projects. Assist in drafting and updating company policies and procedures Help communicate legal and compliance policies across departments and business units. Maintain and organize legal files, contracts, and compliance reports. Provide support in handling legal queries and requests from different departments. Assist in litigation support, including pre-trial folder creation and case tracking. Qualifications Required: Currently pursuing Bachelor's degree (rising junior/senior or equivalent credit status) in Pre-Law, Business Administration, or another related field. Preferred: Currently pursuing Juris Doctorate or master's degree in law (LLM). Prior experience in a legal, compliance, or corporate setting. Apply Today! Interested candidates should submit the following materials: Resume Optional: Transcript or additional supporting materials Submit Application on Langley's Career Site: Summer Intern- Legal and Compliance \| Current Opportunities Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)