FINANCIAL LEGAL EXAMINER 1-3 Job at State of Washington Dept. of Financial Institutions
State of Washington Dept. of Financial Institutions Tumwater, WA
Description
Providing Regulatory Oversight for Our State's Financial Service Providers
About Our Agency:
The Washington State Department of Financial Institutions' (DFI) mission is to regulate financial services to protect and educate the public and promote economic vitality. Collectively and independently, the Department's nearly 200 employees within its 5 divisions - Administration, Banks, Consumer Services, Credit Unions, and Securities - work together to create a stronger economic future and secure financial environment for Washington's consumers and businesses alike. DFI is self-supporting, in that none of its operating revenues come from the state's general tax funds. Its operating revenues are paid by the organizations and individuals it regulates. To learn more about the Department of Financial Institutions, please visit our website at www.dfi.wa.gov.
We employ and serve diverse people of all backgrounds including people of color, women, LGBTQ+, people with disabilities, and veterans. This culture of respect promotes a professional and inclusive environment where maximizing potential through opportunity is achievable by everyone.
Benefits of working for DFI include:
- Medical, dental, retirement, and generous paid vacation, sick leave, and holidays.
- Healthy work-life balance.
- Commitment to diversity, equity, and inclusion where every person is recognized and valued.
- Telecommuting up to three days per week and flexible work hours.
- Professional development and continuing education opportunities, including DFI’s in-house CLE program and other training that ensures employees are successful.
- You may be eligible for Public Service Loan Forgiveness.
About The Division:
The Division of Consumer Services licenses, examines and regulates a wide array of financial service industries that impact the daily lives of consumers in Washington State. This includes regulation of some of the largest mortgage lenders, mortgage servicers, student loan servicers, and money transmitters in the United States, as well as small, local businesses like mortgage brokers, escrow agents, and check cashers. The Division of Consumer Services also plays a large role in the regulation of emerging FinTech industries such as virtual currency exchange and hosting virtual currency wallets. The division reviews license applications for financial service providers to determine if they are eligible to be licensed. Once companies are licensed, DFI monitors the licensees’ compliance with applicable state and federal laws by periodically examining licensees’ books and records. The Division also has a robust complaints process that helps identify violations of the law and informally resolve violations. The Division resolves serious violations of the law by seeking restitution for harmed consumers and other legal remedies.
COVID-19 Mandatory Vaccination Information:
Duties
About the Position:
Financial Legal Examiners investigate alleged violations of laws and regulations pertaining to financial service industries and prepare cases for administrative, civil, or criminal actions. Financial Legal Examiners work independently and in collaboration with other Financial Legal Examiners, Division staff, the Washington State Office of the Attorney General, and other state and federal regulators. This position may be filled at the 1 thru 3 level, depending on applicant qualifications. Level 1 is an entry-level class in which incumbents are trained in the specialized legal areas overseen by the Division and assigned routine matters. Each level increases in the complexity of work and amount of experience and independence expected, with Level 3 independently performing all but the most complex, highest risk, and politically sensitive matters.
This position is represented by the Washington Federation of State Employees (WFSE).
Some of What You Will Do:
- Gather evidence through drafting and executing investigation plans; drafting subpoenas; conducting interviews, taking testimony, and examining financial and legal records.
- Oversee multiple investigations and ensure that cases progress in a timely fashion.
- Prepare legal memoranda and investigative reports.
- Make recommendations for enforcement action based upon your investigation findings, applicable laws and regulations.
- Draft administrative enforcement actions, including statements of charges and cease and desist orders.
- Negotiate and draft settlements of enforcement actions.
- Assist the Attorney General’s Office in the preparation and presentation of administrative cases for hearing.
- Provide testimony in administrative hearings.
- Assist the King County Prosecuting Attorney in the preparation and presentation of criminal referrals related to mortgage lending fraud.
- Learn and maintain expertise in the constantly evolving state and federal laws and regulations pertaining to financial institutions of all sizes including the Truth in Lending Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Equal Credit Opportunity Act, Dodd Frank Act, and the Administrative Procedures Act.
Qualifications
Required Qualifications:
Graduation from an accredited law school. Active membership with the Washington State Bar Association (WSBA).
Supplemental Information
Official Work Station:
The DFI has a hybrid work schedule with up to three days of telework. Your official work station will be the Tumwater headquarters office.
Application Process:
Interested applicants should select the "Apply" button and attach the following materials to their application:
- Cover Letter
- Resume
- Three professional references* (provide contact name, phone number, email address, company name, and job title)
- 5-10 page writing sample
- Documentation of Bar passage.
- Unofficial Law School College Transcripts
- A professional reference is someone who has been paid to supervise your work and can attest to your work performance, technical skills, and job competencies. If you do not have sufficient professional references, please include non-professional references, such as educators or other professional associates.
Note: Application review may begin immediately. DFI reserves the right and may exercise the option to close this recruitment and make a hiring decision at any time. It may be to the applicants advantage to submit application materials as soon as possible.
Background Investigation:
Prior to a new hire, a background check including credit history and criminal record history will be conducted. Information from the background check will not necessarily preclude employment but will be considered in determining the applicant's suitability and competence to perform in the position.
Contact Information:
Tom Grant
360-725-7817
Recruiting@dfi.wa.gov
Please Note :
chrismaxcer.com is the go-to platform for job seekers looking for the best job postings from around the web. With a focus on quality, the platform guarantees that all job postings are from reliable sources and are up-to-date. It also offers a variety of tools to help users find the perfect job for them, such as searching by location and filtering by industry. Furthermore, chrismaxcer.com provides helpful resources like resume tips and career advice to give job seekers an edge in their search. With its commitment to quality and user-friendliness, Site.com is the ideal place to find your next job.