Overview Director of Colorado's Office of Financial Empowerment
The Consumer Protection Section in the Office of the Attorney General / Department of Law is seeking an experienced professional to be the Director of Colorado's Office of Financial Empowerment. The Director leads the state's work on access to safe and affordable banking and credit, access to free financial coaching and counseling, and wealth building.
This position is open only to residents of Colorado.
What you will do The Office of Financial Empowerment was created in 2021 legislation to grow the financial resilience and well-being of Coloradans through community derived-goals and strategies. The Director of the Office of Financial Empowerment (Program Management II) will lead the Office and implement the goals and objectives of the Office. The position will identify and promote safe and affordable financial products and those that may undermine financial stability, and will partner with other state agencies, local and tribal governmental bodies, community organizations, financial institutions, local service providers, philanthropic organizations, and other organizations as necessary to achieve the purposes of the office. The Director of the Office of Financial Empowerment will be responsible for:
Plan, direct and implement the statutory mandates of the state-wide Office of Financial Empowerment.
Develop and promote: methods, programs, and policies to increase access to safe and affordable financial products; tools and resources that advance, increase, and improve Colorado residents' financial management, including strategies for debt management and reduction, increasing savings, and creating and retaining assets that promote personal financial stability.
Work with stakeholders to identify and increase access to safe and affordable credit-building loans and financial products, safe and affordable banking products with low fees and easy account access.
Partner with and support local community efforts to define and lead tailored financial resilience strategies based on local context, priorities, and expertise from those serving these communities.
Establish and lead a statewide Council to assist in defining, creating and increasing access to ownership, financial well-being, and safe and affordable banking and financial services that help improve the financial stability of unbanked and underbanked individuals.
Draft annual report on the state of affordable banking access in Colorado, the activities of the Office of Financial Empowerment, and local partnerships in implementing the objective of the office.
Supervise one professional staff member.
Salary and employment details Salary note : Although a salary range is listed, salary will be set commensurate with the successful candidate's qualifications and in compliance with the Equal Pay for Equal Work Act. This recruitment may be used to fill multiple positions in the Department of Law, Consumer Protection section.
What we are looking for Minimum Qualifications : Please document all relevant experience in detail on your application. Experience will not be inferred or assumed. Any part-time experience listed will be prorated. Experience only: Nine (9) years of professional experience performing the full range of program management duties this includes banking access OR credit access OR financial coaching or counseling OR wealth building especially for low-income individuals and / or communities of color; OR education and experience: Bachelor's degree from an accredited institution AND five (5) years' professional experience performing the full range of program management duties banking access OR credit access OR financial coaching or counseling OR wealth building especially for low-income individuals and / or communities of color; OR combination of education and experience equal to nine (9) years. Experience with outreach and / or working directly with stakeholders is required.
Preferred Qualifications : In addition to the minimum qualifications, if you possess any of the following specifically include the details on your application, as this information will be used to assess your qualifications and may be used to determine a top group of applicants.
Expertise on mainstream financial products, Community Reinvestment Act, financial counseling and coaching, community wealth building
Experience working on challenges facing unbanked / underbanked individuals
Knowledge of federal and state programs that support people with low incomes
Experience standing up a program, developing and implementing program objectives, strategic program planning, and program evaluation
Strong background in coalition management or multi-sector collaboration
Knowledge of Colorado government and regulatory environment
Experience developing deep relationships / network with community, including community-based organizations, local governments, and financial institutions
Demonstrated strong public speaking and communications skills
Demonstrated strong writing, reviewing and editing skills
Strong interpersonal skills and ability to communicate effectively with the public, Federal, state and local government agencies, and financial institutions
Demonstrated commitment to public service
Required Competencies Requires proficiency with MS Office Suite
Substitutions Professional program management experience that included the elements described in the minimum qualifications listed above will substitute for the required bachelor\'s degree on a year-for-year basis. A master\'s in public administration, business administration, finance, or master\'s in nonprofit management will substitute for one year of the required experience. Note: Candidates possessing a foreign degree must submit a translation (evaluation) of their degree from an accredited institution, such as The National Association of Credential Evaluations Services in order to be given credit for the degree.
Conditions of Employment Applicants must pass a thorough background investigation prior to appointment. The successful applicant must possess and maintain a valid driver\'s license. Requires in-state travel up to 20% of the time and infrequent out-of-state travel. Hybrid work arrangements available. Colorado Department of Law participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S.
How to apply Required Application Materials : A completed State of Colorado Application: Applicants are responsible for ensuring that the application provided is fully completed and clearly describes their education, training and experience as it relates to this position. Applications left blank or marked "See Resume" will not be considered. Current resume and cover letter: A detailed cover letter explaining your interest in the position, any information regarding your skills, qualifications, accomplishments, etc. and how you meet the listed preferred qualifications is due at the time of application.
Veteran's Preference: In order to be considered for veteran's preference you must attach a copy of your DD214 forms as well as any documentation required to prove disability or marital status.
Your application will be reviewed by a qualified Human Resources Specialist to determine if you meet the minimum qualifications for this position. If your application does not demonstrate that you meet the minimum requirements, you will be notified that you will not proceed in the selection process for this position. If your application is rejected and you have questions, you may contact Mercedes Chansisourath at 720-508-6793 or mercedes.chansisourath@coag.gov. Assessment Information: Colorado Revised Statutes require that all state employees be hired and promoted through comparative analysis of merit and fitness. Upon meeting the minimum qualifications, the next phase of the process is typically a structured application / resume review by a panel of subject matter experts against the job duties and / or preferred qualifications in this job announcement to determine technical competence, depth and breadth of experience and potential job fit.
It is imperative that the "Work Experience" section of your application is complete and specifically addresses your qualifications, experience, work product, and accomplishments as they relate to the Description of the Job, Minimum Qualifications, and Preferred Qualifications as listed above. Failure to include adequate information or follow instructions by the closing date may result in your application not being accepted and / or may affect your inclusion in the final pool of eligible applicants as the materials may be used to identify a top group for additional assessment or establish an eligible list for referral to the hiring manager for final consideration.
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