Assistant Director for Digital Assets

State of IllinoisChicago, IL
$9,000 - $11,000Onsite

About The Position

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.

Requirements

  • 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.

Nice To Haves

  • At least eight years of progressively responsible experience in professional accounting, trading, banking, financial markets, financial regulation, regulatory compliance, or information systems auditing.
  • At least three years of experience working in the digital asset industry, markets, and technologies.
  • At least three years of experience in a compliance or legal role related to financial institutions or digital assets.
  • A master’s degree in accounting, finance, business, computer science, or similar.
  • At least three years of experience as a supervisor of a staff of five or more.
  • A bachelor’s degree in accounting, finance, business, computer science, or similar.

Responsibilities

  • 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.

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
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