The Department of Financial Protection and Innovation is recruiting for one (1), Limited-Term, Full-time Financial Institutions Manager position within the Division of Broker-Dealer Investment Adviser Unit (BDIA). This position will be located in the Los Angeles West 4th Street office. This recruitment may be used to fill subsequent vacancies of these positions within the next 180 days.

This position may be extended up to 24 months or may become permanent.

Under the general direction of the Deputy Commissioner of the BDIA Division, the Financial Institutions Manager (Portfolio Manager) is responsible for the supervision and regulation of assigned licensees and assigned program initiatives and projects, including plans, organizes, directs, and reviews the work of the the Broker-Dealer Investment Adviser division Los Angeles office.

The Financial Institutions Manager provides expert guidance of the BDIA licensing, examination, consumer complaints, and regulation of broker-dealers, investment advisers and their agents and representatives pursuant to the Corporate Securities Law of 1968.

You will find additional information about the job in the Duty Statement .

Working Conditions

The Los Angeles office is located in the heart of the downtown financial district within walking distance to restaurants, transit, multiple parking options.

Minimum Requirements You will find the Minimum Requirements in the Class Specification.

• FINANCIAL INSTITUTIONS MANAGER

Additional Documents

• Job Application Package Checklist
• Duty Statement

Position Details Job Code #:
JC-435319

Position #(s):
410-121-4104-319

Working Title:
Portfolio Manager

Classification:
FINANCIAL INSTITUTIONS MANAGER $10,106.00 - $12,051.00

# of Positions:
1

Work Location:
Los Angeles County

Telework:
Hybrid

Job Type:
12 Month Limited Term - Full Time

Department Information The Department of Financial Protection and Innovation (DFPI) protects consumers and oversees financial service providers and products. The DFPI supervises the operations of state-licensed financial institutions, including banks, credit unions and money transmitters. Additionally, the DFPI licenses and regulates a variety of financial service providers, including securities brokers and dealers, investment advisers, payday lenders and other consumer finance lenders. The DFPI offers benefit packages, competitive salary, a robust training program and opportunities for advancement.
Department Website: https://dfpi.ca.gov/

Special Requirements

• The position(s) require(s) a Background Investigation be cleared prior to being hired.

The position requires incumbents pass a Background Investigation prior to being hired. The Background Investigation may include Criminal Background, Fingerprinting, and a review of any governmental records. In addition, other available sources of background information may be reviewed prior to appointment.

FINGERPRINT
Title 11, section 703 (d) of the California Code of Regulations requires criminal record checks of all personnel who have access to Criminal Offender Record Information (CORI). Pursuant to this requirement, applicants for this position will be required to submit fingerprints to the Department of Justice and be cleared before hiring. In accordance to DFPI's (CORI) procedures, clearance shall be maintained while employed in a CORI-designated position. Additionally, the position routinely works with sensitive and confidential issues and/or materials and is expected to maintain the privacy and confidentiality of documents and topics pertaining to individuals or to sensitive program matters at all times.

CONFLICT OF INTEREST
This position is subject to Title 10, section 3830 of the California Code of Regulations, the Department of Financial Protection and Innovation's Conflict of Interest Regulations. The incumbent is required to submit a Statement of Economics Interests (Form 700) within 30 days of assuming office, annually by April 1st and within 30 days of leaving office.

Interested applicants using education to meet minimum qualifications must include a copy of their complete transcripts showing completion of required coursework. Foreign Degrees must provide Degree Evaluation to verify U.S. equivalency.

Additional Filing Instructions:

• You are encouraged to apply electronically through your CalCareers account.
• If applying with a hard copy applic ation, please reference "JC-435319 /RPA#BDIA 24-246" in the Job Title section of your State application in order to be considered for this vacancy.
• Hard copy applications not received or postmarked by 5:00 pm on the final filing date will not be accepted.
• Emailed and faxed applications will not be accepted.

Please see the attached Class Specification. All applicants must meet the minimum qualifications for the classification they are applying for. Minimum qualifications (MQ's) will be verified prior to interview and/or appointment. If it is determined an applicant does not meet the MQ's of the classification, the applicant will not be considered and may be withheld from the eligible list.

Application Instructions
Completed applications and all required documents must be received or postmarked by the Final Filing Date in order to be considered. Dates printed on Mobile Bar Codes, such as the Quick Response (QR) Codes available at the USPS, are not considered Postmark dates for the purpose of determining timely filing of an application.
Final Filing Date: 6/18/2024
Who May Apply
Individuals who are currently in the classification, eligible for lateral transfer, eligible for reinstatement, have list eligibility, are in the process of obtaining list eligibility, or have SROA and/or Surplus eligibility (please attach your letter, if available). SROA and Surplus candidates are given priority; therefore, individuals with other eligibility may be considered in the event no SROA or Surplus candidates apply.

Applications will be screened and only the most qualified applicants will be selected to move forward in the selection process. Applicants must meet the Minimum Qualifications stated in the Classification Specification(s).

How To Apply
Complete Application Packages (including your Examination/Employment Application (STD 678) and applicable or required documents) must be submitted to apply for this Job Posting. Application Packages may be submitted electronically through your CalCareer Account at www.CalCareers.ca.gov. When submitting your application in hard copy, a completed copy of the Application Package listing must be included. If you choose to not apply electronically, a hard copy application package may be submitted through an alternative method listed below:

Address for Mailing Application Packages

You may submit your application and any applicable or required documents to:

Department of Financial Protection and Innovation
Attn: Vanessa Slade
Human Resources Office
2101 Arena Blvd.
Sacramento , CA 95834

Address for Drop-Off Application Packages

You may drop off your application and any applicable or required documents at:

Department of Financial Protection and Innovation
Vanessa Slade
Human Resources Office
2101 Arena Blvd.
Sacramento , CA 95834

08:00 AM - 05:00 PM

Required Application Package Documents

The following items are required to be submitted with your application. Applicants who do not submit the required items timely may not be considered for this job:

• Current version of the State Examination/Employment Application STD Form 678 (when not applying electronically), or the Electronic State Employment Application through your Applicant Account at www.CalCareers.ca.gov. All Experience and Education relating to the Minimum Qualifications listed on the Classification Specification should be included to demonstrate how you meet the Minimum Qualifications for the position.
• Resume is required and must be included.
• Statement of Qualifications -
  A Statement of Qualifications (SOQ) is required for this position according to the instructions provided. Application packages received without an SOQ as described may not be considered. Please see the Statement of Qualifications Instructions below for specific instructions regarding your SOQ response. Resumes, cover letters, and/or other documents do not take the place of this requirement.
  

Applicants requiring reasonable accommodations for the hiring interview process must request the necessary accommodations if scheduled for a hiring interview. The request should be made at the time of contact to schedule the interview. Questions regarding reasonable accommodations may be directed to the EEO contact listed on this job posting.

Desirable Qualifications In addition to evaluating each candidate's relative ability, as demonstrated by quality and breadth of experience, the following factors will provide the basis for competitively evaluating each candidate:

• Demonstrated knowledge and understanding of California and federal law, regulations, policies and programs including the Government Code, Financial Code and sections pertaining to the Broker-Dealers and Investment Advisers Regulation and Corporate Securities Law of 1968.

• Demonstrated knowledge of risk identification and mitigation for broker-dealers, investment advisers, and their agents and representatives and experience in examining and seeking enforcement action against broker-dealers, investment advisers, and their agents and representatives.

• Demonstrated ability to write reports on Broker-Dealers and Investment Advisers matters, and communicate effectively to individuals and groups, including presenting findings to licensees, stakeholders, department executives, other governmental agencies, legislative committees, and industry trade associations.

• Demonstrated ability to work collaboratively to build consensus in an inclusive manner across the Department's divisions and units, as well as work collaboratively with the public, licensees, and State and Federal legislative and executive departments, agencies, and committees.

• Exceptional written communication skills, able to write and edit clearly and present Department positions in a manner easily understood by the Department, general public, and licensees alike.

• Demonstrated knowledge and experience developing, implementing, and evaluating Department's policies and program direction pertaining to the overall mission of the Department.

Benefits State employees may be eligible for health, dental, vision and leave benefits, as well as retirement programs and other benefits. Benefit eligibility may depend on length of service and may be subject to collective bargaining agreements, which are contracts negotiated between the State of California and employee organizations that define employees' wages, hours and conditions of employment. Other possible benefits include:

• Alternate Work Schedules
• Telework
• Reimbursement Accounts

Benefit information can be found on the CalHR website and the CalPERS website.

Contact Information
The Human Resources Contact is available to answer questions regarding the position or application process.
Department Website: https://dfpi.ca.gov/
Human Resources Contact:
Vanessa Slade
(916) 495-5735
vanessa.slade@dfpi.ca.gov

Please direct requests for Reasonable Accommodations to the interview scheduler at the time the interview is being scheduled. You may direct any additional questions regarding Reasonable Accommodations or Equal Employment Opportunity for this position(s) to the Department's EEO Office.
EEO Contact:
Angelina Endsley
(916) 576-4938
eeo@dfpi.ca.gov
California Relay Service: 1-800-735-2929 (TTY), 1-800-735-2922 (Voice) TTY is a Telecommunications Device for the Deaf, and is reachable only from phones equipped with a TTY Device.

Statement of Qualifications Instructions
In order to be considered for this position, applicants must submit a Statement of Qualifications (SOQ) . The SOQ must be no more than two pages in length, single-spaced, using Arial 12-point font and must have the applicant's first and last name and Statement of Qualification in the upper left corner.

Please provide a detailed response to the following question:

Provide specific information and examples that demonstrate how your experience, education, training, knowledge, skills, and abilities relate to the "Desirable Qualifications" of the position.

Equal Opportunity Employer
The State of California is an equal opportunity employer to all, regardless of age, ancestry, color, disability (mental and physical), exercising the right to family care and medical leave, gender, gender expression, gender identity, genetic information, marital status, medical condition, military or veteran status, national origin, political affiliation, race, religious creed, sex (includes pregnancy, childbirth, breastfeeding and related medical conditions), and sexual orientation.

It is an objective of the State of California to achieve a drug-free work place. Any applicant for state employment will be expected to behave in accordance with this objective because the use of illegal drugs is inconsistent with the law of the State, the rules governing Civil Service, and the special trust placed in public servants.