Address
Form of workAdvertisement Closes
1/5/2024 (7:00 PM EST)
23-10020
Commissioner (Gov Appt/Non-Merit) - Department of Financial Institutions
Salary
$125,928.48 Annually
Employment Type
EXECUTIVE BRANCH | FULL TIME | INELIGIBLE FOR OVERTIME PAY | 18A | 40.0 HR/WK
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Hiring Agency
Public Protection Cabinet | Department of Financial Institutions
Location
500 Mero Street 2nd Floor
Frankfort KY 40601 USA
Frankfort KY 40601 USA
Description
The Kentucky Department of Financial Institutions (DFI) is looking for a Commissioner to lead the departmentin its mission to serve Kentucky residents by promoting access to a stable financial industry, implementingeffective and efficient regulatory oversight, enforcing consumer protections, encouraging economicopportunities, and encouraging sound financial decisions through financial empowerment programs.
The Department of Financial Institutions (DFI) is the state agency responsible for chartering, licensing andregistering various Financial Institutions, securities firms and professionals operating in Kentucky.
DFIoversees the following industries and individuals: State-chartered banks, State-chartered trust companies,State-chartered credit unions, Savings and loan associations, Consumer loan companies, Industrial loancompanies, Mortgage loan companies, Mortgage loan brokers, Mortgage individuals, Check cashers/deferreddeposit companies, Sellers of money orders, Title pledge lenders, Money transmitters, State-registeredsecurities, Broker-dealers and agents, Investment advisors and investment advisor representatives, Issueragents, and Student education loan services.
Qualified candidates must have three (3) years' experience as an executive officer in a bank with itsprincipal office located in Kentucky or service in a supervisory capacity in a state or federal agency havingregulatory authority over banks or other Financial Institutions.
Responsibilities include, but are not limited to, the following:
The Department of Financial Institutions (DFI) is the state agency responsible for chartering, licensing andregistering various Financial Institutions, securities firms and professionals operating in Kentucky.
DFIoversees the following industries and individuals: State-chartered banks, State-chartered trust companies,State-chartered credit unions, Savings and loan associations, Consumer loan companies, Industrial loancompanies, Mortgage loan companies, Mortgage loan brokers, Mortgage individuals, Check cashers/deferreddeposit companies, Sellers of money orders, Title pledge lenders, Money transmitters, State-registeredsecurities, Broker-dealers and agents, Investment advisors and investment advisor representatives, Issueragents, and Student education loan services.
Qualified candidates must have three (3) years' experience as an executive officer in a bank with itsprincipal office located in Kentucky or service in a supervisory capacity in a state or federal agency havingregulatory 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 withother 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 and federal funds.
If you have questions about this advertisement, please contact DJ Wasson at dj.wasson@ky.gov
An Equal Opportunity Employer M/F/D
