CFPB building its Office of Financial Institutions

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Explore:  CFPB

The CFPB is searching for an Assistant Director to head its Office of Financial Institutions. The Office is part of the CFPB’s Division of External Affairs. Based on the job description posted by the CFPB on its website, it appears that the Office’s role will be to develop and implement the CFPB’s outreach efforts to bank and nonbank trade associations and significant, individual financial institutions.

The posting states that the Assistant Director will serve as the CFPB’s “principal liaison” to and a CFPB “expert” on those entities. He or she will also have responsibility “for the development and implementation of strategies to further understanding of the Bureau’s consumer protection policy priorities and efforts” among those entities.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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