Assistant Director for Digital Assets

Assistant Director for Digital Assets

We continually strive for a workforce that reflects the growing diversity within the State of Illinois. A variety of employee backgrounds, perspectives, ideas and experiences are crucial to our ability to most effectively serve the public. Bilingual skills welcome.
Position Overview
This position acts with management approval, serves as Assistant Director for Digital Assets administering overall management of digital asset applications process, examination, and ongoing supervision of digital asset registrants. The person in this role will also direct, coordinate, and review the activities of support and management personnel, serve as a full line supervisor, oversee the development and execution of key initiatives and compliance measures concerning digital assets, digital asset activities, markets, participants, and the underlying technologies. This person serves as spokesperson representing the Director at various internal and external meetings, often of a sensitive and confidential nature, attends trainings and stays abreast of trends in digital asset markets, including the development of new products and services, virtual currency linked investments, the underlying technologies, data privacy, anti-money laundering initiatives, and updates stakeholders and agency executive staff on a periodic basis, and performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
State of Illinois Benefits
Health, Life, vision, and dental insurance
12 weeks paid maternity/paternity leave
Pension Plan – Vesting at 10 years for Tier II
Full 20-year retirement awards free health insurance during retirement
Deferred compensation and other pre-tax benefits programs
Paid state holidays, 12-14 days annually
3 paid Personal Business Days annually
12 Paid Sick Days annually (Sick days carry over year to year)
10-25 Days of Paid Vacation time annually (10 days in year one of employment)
Personal, sick, and vacation rates modified for 12 hour work schedules (as applicable)
Employee Assistance Program and/or mental health resources
Essential Functions
Subject to management approval, serves as Assistant Director for Digital Assets administering overall management of digital asset applications process, examination, and ongoing supervision of digital asset registrants. Directs, coordinates, and reviews the activities of support and management personnel. Serves as a full line supervisor. Oversees the development and execution of key initiatives and compliance measures concerning digital assets, digital asset activities, markets, participants, and the underlying technologies. Serves as spokesperson representing the Director at various internal and external meetings, often of a sensitive and confidential nature. Attends trainings and stays abreast of trends in digital asset markets, including the development of new products and services, virtual currency linked investments, the underlying technologies, data privacy, anti-money laundering initiatives, and updates stakeholders and agency executive staff on a periodic basis. Performs other duties as required or assigned which are reasonably within the scope of the duties enumerated above.
Minimum Qualifications
Requires knowledge, skill, and mental development equivalent to completion of four years of college with courses in accounting, finance, banking, monetary theory, business, or computer science. Requires prior experience equivalent to four years of progressively responsible administrative experience in accounting, banking, or information systems auditing for a public or business organization.
Preferred Qualifications
Prefers at least eight years of progressively responsible experience in professional accounting, trading, banking, financial markets, financial regulation, regulatory compliance, or information systems auditing. Prefers at least three years of experience working in the digital asset industry, markets, and technologies. Prefers at least three years of experience in a compliance or legal role related to financial institutions or digital assets. Prefers a master's degree in accounting, finance, business, computer science, or similar. Prefers at least three years of experience as a supervisor of a staff of five or more. Prefers a bachelor's degree in accounting, finance, business, computer science, or similar.
Conditions of Employment
Overtime is a condition of employment, and you may be requested or required/mandated to work overtime including scheduled, unscheduled, or last-minute overtime. This may require the ability to work evenings and weekends. Requires ability to attend seminars, conferences, and trainings to stay current on methods, tools, ideologies, or other industry related topics relevant to the job duties. Requires ability to travel in the performance of duties, with overnight stays as appropriate.
Agency Statement
IDFPR is a regulatory licensing and enforcement agency that protects the residents of Illinois, ensures the safety and soundness of financial institutions, ensures that competent professionals are licensed to provide services to the public, and enhances commerce in the state for the benefit of all its residents.
Work Hours: Monday - Friday 8:30am - 5:00pm
Headquarter Location: 555 W Monroe St, Chicago, Illinois, 60661
Work County: Cook
Agency Contact: [[recruiterEmail]] Email : FPR.Employment@illinois.gov