Deputy Commissioner (Gov Appt/Non-Merit)- Department Of Financial Institutions

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7/14/2024 (8:00 PM EDT)

24-03517

Deputy Commissioner (Gov Appt/Non-Merit)- Department of Financial Institutions

Salary

$90,153.00 - $105894.00 Annually

Employment Type

EXECUTIVE BRANCH | FULL TIME | INELIGIBLE FOR OVERTIME PAY | 18A | 40.0 HR/WK

Click here for more details on state employment.

Hiring Agency

Public Protection Cabinet | Department of Financial Institutions

Location

500 Mero Street 2nd Floor

Frankfort, KY 40601 USA

Description

The Kentucky Department of Financial Institutions (DFI) is responsible for the supervision of the Financial Services Industry and for chartering, licensing, and registering various financial institutions, securities firms, and professionals operating in Kentucky. To accomplish this mission, the DFI conducts examinations of state-regulated financial entities through its Division of Depository Institutions, Division of Non-Depository Institutions, and Division of Securities. DFI also provides educational materials and outreach programs to protect consumers from financial fraud.

DFI oversees the following industries and individuals: State-chartered banks, State-chartered trust companies, State-chartered credit unions, Savings and loan associations, Consumer loan companies, Industrial loan companies, Mortgage loan companies, Mortgage loan brokers, Mortgage individuals, Check cashers/deferred deposit companies, Sellers of money orders, Title pledge lenders, Money transmitters, State-registered securities, Broker-dealers and agents, Investment advisors and investment advisor representatives, Issuer agents, and Student education loan servicers.

The Kentucky Department of Financial Institutions (DFI) is seeking a Deputy Commissioner that would assist the commissioner in leading the department in its mission to serve Kentucky residents by promoting access to a stable financial industry, implementing effective and efficient regulatory oversight, enforcing consumer protections, encouraging economic opportunities, and encouraging sound financial decisions through financial empowerment programs.

Qualified candidates must have three (3) years' experience as an executive officer in a bank with its principal office located in Kentucky or service in a supervisory capacity in a state or federal agency having regulatory authority over banks or other financial institutions.

Responsibilities include, but are not limited to, the following:

• Responsible for the overall administration of the department.

• Directs and oversees all department activities and personnel.

• Represents the department at legislative hearings, on specialized task forces, in meetings with other state and federal agencies, congressional representatives, local officials and the general public.

• Ensures compliance with agency policies, federal and state laws and regulations.

• Ensures efficient and effective use of state funds.

If you have questions about this advertisement, please contact Brian Raley at brian.raley@ky.gov

An Equal Opportunity Employer M/F/D