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 .
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:
- 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.
About The Division:
In the , you will enjoy work-life balance while enforcing consumer financial laws. Consumer protection is at the heart of what we do, whether we are regulating emerging FinTech industries like those dealing in cryptocurrency or more established forms of money transmission, escrow, consumer lending, and loan servicing. We license and conduct examinations of the people and companies in those industries, and take action against those who violate the law. We pride ourselves on helping people – by ordering refunds or restitution for consumers, by enhancing the efficiency and effectiveness of state government, and by working to maintain robust, healthy financial industries.
About the Position:
Financial Legal Examiners (FLE) 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. These positions may be filled at the 2 thru 4 level, depending on applicant qualifications. We are looking to fill two positions. Financial Legal Examiners at Level 2 perform moderately complex legal work and assists in more complex matters. Each level increases in the complexity of work and amount of experience and independence expected. At Level 4 FLE’s perform the most complex, highest risk, and politically sensitive work.
This position is represented by the Washington Federation of State Employees (WFSE).
Some of What You Will Do:
- Oversee multiple investigations and ensure that cases progress in a timely fashion.
- Gather evidence through drafting and executing investigation plans; drafting subpoenas; conducting interviews, taking testimony, and examining financial and legal records.
- 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 Consumer Loan Act, Mortgage Broker Practices Act, Escrow Agent Registration Act, Uniform Money Services Act, 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.
Graduation from an accredited law school. Active membership with the Washington State Bar Association (WSBA).
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: Applications for this recruitment will be accepted electronically. Submitting your application materials electronically will act as confirmation that the information submitted is complete and accurate to the best of your knowledge. Failure to provide all required application materials may result in disqualification.
Interested applicants should select the “Apply” button and attach the following materials to their application:
- Cover Letter
- 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.
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.