Nefretete Smith, Esq.

Experience

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  PricewaterhouseCoopers

  May 2004 - Aug 2004

  INROADS Intern – Records Management/Human Resources Operations

  Maintained records management systems; Managed the Firm’s Educational Support Plan; Audited records for National Debt and Departures Team

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  PricewaterhouseCoopers

  May 2005 - Aug 2005

  INROADS Intern – Human Resources Operations/Partnership Tax

  -Managed the Firm’s Educational Support Plan (ESP).-Generated reports for ESP program administrators; Assembled data and created portfolios for Internal Tax Department.

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  PricewaterhouseCoopers

  Jun 2006 - Aug 2006

  INROADS Intern - Partnership Tax

  Analyzed and reconciled assigned tax accounts and prepared necessary adjustments; Assisted in the preparation and processing of firm-wide partnership income tax returns; Worked on the various tax mailings to retired and withdrawn partners

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  Manna Inc.

  Jan 2008 - Apr 2008

  Legal Extern

  -Performed legal research and drafted memoranda pertaining to property law in the District of Columbia and Maryland. -Drafted and filed appeals to the Board of Real Property Assessments and Appeals in the District of Columbia. -Assisted Project Managers with affordable housing development projects as well as other community and economic development activities.

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  Federal Deposit Insurance Corporation (FDIC)

  May 2008 - Aug 2008

  Legal Intern - Division of Supervision and Consumer Protection

  ­Assisted review examiners to ensure bank compliance with consumer protection laws and regulations issued by the Federal Reserve (e.g. Truth-in-Lending, Truth-in-Savings). Researched issues pertaining to federal consumer protection laws and regulations, and provided detailed written analysis for senior supervisory staff. Performed document review during the investigation of a potential Regulation AA violation by a bank.

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  American University Washington College of Law

  Sept 2008 - May 2010

  Dean's Fellow

  Professor Fernanda Nicola -Edited and cite checked drafts of scholarly articles in the area of tort law. -Researched legal issues and prepare memoranda for use in scholarly work. -Served as teaching assistant.Business Law Program -Worked closely with business law faculty to develop and administer programming for faculty and students. -Served as a liaison between business law faculty and student organizations. Show less

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  NAFCU (National Association of Federal Credit Unions)

  Jan 2009 - May 2009

  Regulatory Intern

  -Analyzed proposed and final regulations, and assisted attorneys by providing written analysis to senior management of federal credit unions. -Reviewed language of legislation and proposed amendments. -Collected comments from NAFCU members to draft comment letters to government regulatory agencies. -Drafted amendment to the Federal Credit Unions Act for submission to Treasury Secretary Geithner. -Published NCUA Prohibits Unfair or Deceptive Acts or Practice and Questions & Answers for the March 2009 issue of the NAFCU Regulatory Compliance newsletter. Show less

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  Federal Deposit Insurance Corporation (FDIC)

  May 2009 - Nov 2009

  Legal Intern

  -Researched legal issues pertaining to actions against the FDIC in both its corporate and receiver capacity, and drafted memoranda with analysis to be used in litigation matters. -Drafted memoranda defending the FDIC against Freedom of Information Act challenges. -Researched administrative law issues and provided guidance on how a court might rule. -Attended bank closings and provided legal support to the Lead Closing Attorney.

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  Federal Deposit Insurance Corporation

  Aug 2010 - Jun 2012

  Honors Attorney

  -Developed, drafted and provided legal opinions on legislation, regulations and policy statements relating to insured depository institutions. -Provided guidance on deposit insurance coverage, assessments of insured depository institutions, Federal securities laws, and consumer laws.-Provided legal opinions on a wide range of topics including statutory powers of the FDIC, the role of the FDIC as a federal agency, and corporate governance.-Assisted in large, complex commercial litigation arising out of the business lines of failed institutions, as well as civil and other claims owned by receiverships.-Assisted in the defense of the FDIC against challenges to its statutory authority and appeals from its administrative determinations.-Worked closely with bank and review examiners to ensure bank compliance with banking and consumer protection laws and regulations and the continued safety and soundness of insured depository institutions. Show less

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  Federal Deposit Insurance Corporation (FDIC)

  Feb 2021 - Jun 2021

  Acting Senior Counsel - Strategic Planning and Operations Group (Detail)

  -Advised and assisted Legal Division executives in developing the Division’s long-term strategic and operational plans, and supervised the execution of such plans.-Managed and directed strategic planning efforts at the Division level. Facilitated the establishment and/or update of the Division's strategic plan, including establishing the planning framework, reviewing mission and vision statements, and formulating broad goals for long- or short-term accomplishment.-Served as a senior advisor to the General Counsel and Senior Deputy General Counsel on a variety of matters within the assigned program area and other areas related to the Division and its mission-related business.-Collaborated with the Legal Information Technology and Administration Units to develop project plans, timelines, and milestones with input from multiple areas throughout the Legal Division to deliver capabilities in the areas of matter management, document management, knowledge management, business intelligence/"dashboard" metrics/reporting, the Legal Division Intranet, collaborative workspaces and other areas of technology.-Prepared and/or reviewed written communications from the General Counsel and Senior Deputy General Counsel to Legal Division staff relating to strategic planning and organizational design, goals and objectives.-Coordinated with and assisted the Legal Administration Unit with the development and management of the Legal Division budget.-Worked with Legal Division executives and managers to identify new initiatives, projects, or ongoing work related to organizational design to optimize effectiveness, efficiency, and productivity.-Supervised and coordinated work activities associated with managing the operations of the Honors Attorney and Legal Student Intern Programs.-Collaborated with Corporate University on training and development of in-house professional staff. Show less

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  Federal Deposit Insurance Corporation (FDIC)

  Sept 2021 - now

  -Leads a team responsible for the development and analysis of FDIC policy and the interpretation and application of the laws and regulations governing the activities, operations and structure of insured depository institutions and consumer protection.-Formulates policy and ensures FDIC uniformity nationwide in the interpretation and application of laws, regulations and policy governing consumer protection and the activities, operations and structure of insured depository institutions, by providing advice, guidance, and assistance to Division management, legal staff in the Regional and Area offices, and to other branches and sections of the Legal Division.-Manages supervisory and consumer protection policy projects as well as regulatory and legislative projects that involve novel legal and policy issues with impact on insured depository institutions, depositors, and consumers to ensure FDIC policy balances effective supervision with other important concerns and interests.-Supervises the preparation of legal opinions for members of the Board of Directors and the directors of other divisions and offices and their staff nationwide, on the laws and regulations governing the activities, operations and structure of insured depository institutions and in connection with the supervision and examination for compliance with applicable laws and regulations.-Analyzes, and acts as a technical expert in consultation with other FDIC and banking agencies’ officials and staffs on, recommendations to address those issues, including the full range of policy, regulatory, and other proposals.-Works with the officials and staffs of other federal financial regulators, state regulators and other agencies and departments as needed on legal issues arising out of the supervisory functions of the Corporation. Show less -Provides legal opinions and/or guidance on a wide range of topics including: deposit insurance assessments of insured depository institutions; deposit insurance coverage; consumer protection laws; proposed and final legislation; regulations and policy statements relating to insured depository institutions; and the statutory powers of the FDIC and the role of the FDIC as a federal agency.-Performs policy-oriented legal work relating to the FDIC's supervisory and regulatory functions, with particular emphasis on the development and drafting of regulations, legislation, and legal/supervisory policy guidance, and the interpretation and application of the statutes and regulations governing the activities, operations, and structure of insured depository institutions.-Reviews analyses, evaluates proposed legislation drafted by congressional staff, special interest groups, and other federal agencies, and assists the Office of Legislative Affairs in providing technical assistance as needed. -Prepares legal advisory opinions advising the Board of Directors, the Chairman, the Division of Risk Management Supervision, the Division of Finance, the Division of Depositor and Consumer Protection, the Division of Insurance and Research, the Office of Legislative Affairs, and other FDIC divisions and offices of the interpretation, construction, and enforceability of provisions of the Federal Deposit Insurance Act and implementing rules and regulations, and other statutes and regulations applicable to financial institutions that are insured, examined, supervised, or regulated by the FDIC. Show less -Shadowed and attended meetings with an assigned executive partner, the Senior Deputy General Counsel. -Participated in meetings with senior management in both the Legal Division and other Divisions and Offices to facilitate timely and appropriate action by the General Counsel on substantive matters.-Interacted with the General Counsel and Deputy General Counsels to assist, provide input, and follow-up on assignments and projects, including the preparation of presentations, briefings, and memoranda, as needed.-Collaborated in the development and execution of special and confidential projects, including projects that led to policy development and implementation. -Coordinated with managers and staff across the Legal Division and along with the two other program participations, drafted the Division’s Diversity, Equity, Inclusion, and Accessibility Strategic Plan, which was adopted by senior management in January 2022. Show less

  • Supervisory Counsel

    Feb 2023 - now

  • Counsel - Assessments, Legislation and Regulation

    Jun 2012 - Feb 2023

  • Legal Division Executive Management Shadowing Rotational Program (Detail)

    Sept 2021 - Dec 2021