State Bank Commissioner (Management):DORA/Division of Banking

Salary : $103,644.00 - $134,736.00 Annually
Location : Denver, CO
Job Type: Full Time
Job Number: SCA-2001-04/2025
Department: Department of Regulatory Agencies
Division: Division of Banking
Opening Date: 04/09/2025
Closing Date: 4/30/2025 11:59 PM Mountain
FLSA: Determined by Position
Type of Announcement: This position is open only to Colorado state residents.
Primary Physical Work Address: 1560 Broadway, Denver, CO 80202
Department Contact Information: Rachael Alkayali: rachael.alkayali@state.co.us
How To Apply: Please submit an online application for this position at https://www.governmentjobs.com/careers/colorado. Reach out to the Department Contact to apply using a paper application, including any supplemental questions. Failure to submit a complete and timely application may result in the rejection of your application. Applicants are responsible for ensuring that application materials are received by the appropriate Human Resources office before the closing date and time listed.

Department Information
Hybrid Workplace Arrangement:

Although this position will be designated under the department's hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business needs.
This announcement may be used to fill multiple vacancies.
The Department of Regulatory Agencies (DORA) is dedicated to preserving the integrity of the marketplace and is committed to promoting a fair and competitive business environment in Colorado.
Consumer Protection is our Mission.

Description of Job

The Colorado Division of Banking protects the public interest and preserves public trust in the Colorado banking industry by regulating the business of state-chartered commercial banks and trust companies, state-licensed money transmitters, and by enforcing the Public Deposit Protection Act (PDPA).

This position serves as the State Bank Commissioner and the Division Director for the Division of Banking. The Division of Banking is responsible for the regulation of state chartered commercial banks, trust companies and money transmitters. Additionally, the Division is responsible for the enforcement of the Public Deposit Protection Act to protect public entity deposits held by state and national banks. The Division embraces the Department's mission of consumer protection and works to protect public interests, and preserve public confidence and trust in the Colorado banking industry.
Specific duties include, but are not limited to:

• Providing oversight, leadership and planning for the day-to-day operations of the Division, including all examinations and enforcement functions, subject to the policy-making and rule-making authority of the Banking Board.
• Develop and maintain effective and productive working relationships with the Division's federal counterparts, legislators and Department personnel, and industry stakeholders.
• Managing and directing a division of approximately 45 full-time-employees (FTE), with responsibility for the development, revision and implementation of appropriate staffing plans, including ensuring that fiscal and personnel resources are utilized efficiently to maximize productivity and performance, and that the Division retains and fosters a competent employee workforce.
• Serving as the appointing authority for the Division with responsibility over the pay, status, and tenure of all Division staff; manages performance expectations and objectives of Division staff, including through subordinate supervisors and managers; resolves informal and formal disputes and grievances and provides oversight for progressive discipline processes including corrective and disciplinary actions. Evaluate, assess, plan and implement organizational changes or restructuring as determined necessary from time to time, as approved and in compliance with Human Resources.
• Works under the direction and guidance of the department/EDO leadership to ensure division compliance with state and department administrative policies, procedures, guidelines, as well as the implementation of key department-wide initiatives.
• Implementing and communicating to internal and external stakeholders policy initiatives, programs, and activities in compliance with statutory provisions.
• Providing leadership to the Division and Department for the development of strategic goals, performance planning objectives and outcomes for the Division and respective programs and functions.
• Representing the Division through public speaking, media releases, and conducting comprehensive consumer and industry outreach efforts.
• As a member of the executive staff for the Department, active participation in the overall strategic goal planning and measurement for the Department, including participation in agency projects and reviews, inter-division/agency working groups, and special projects.
• Providing vision and leadership with respect to effective, supportive and appropriate regulatory policies for state chartered banks, consistent with, and giving due regards to, the principles of a vibrant and strong dual banking system.

Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights
MINIMUM QUALIFICATIONS (MQs):

There are two ways to qualify for this position: 1) Experience OR 2) A Combination of Education and Experience

Option 1: Experience

• Ten (10) years of professional,* executive, senior, or high-level management experience in the domestic commercial banking industry. This experience must include the following:
  
  • Managing a large multiple level organization through subordinate level managers, including direct, formal management/supervision of professional level staff;
  • Professional public or business administration which included establishing organizational structures, developing strategic plans, budget development and control, setting goals and objectives to achieve program results and fostering a team environment; and
  • Program management and regulatory policy experience.
• Of the ten (10) years, two (2) of which must have included experience with public or business administration, establishing goals and objectives, as well as developing and managing a budget to achieve program goals and objectives.

Option 2: A Combination of Education AND Experience

• Associate's Degree and Experience: Graduation from an accredited college or university with an associate's degree in accounting, business administration, economics, finance, management, or a field of study related to the work assignment; AND
• Eight (8) years of professional,* executive, senior, or high-level management experience in the domestic commercial banking industry. This experience must include the following:
  
  • Managing a large multiple level organization through subordinate level managers, including direct, formal management/supervision of professional level staff;
  • Professional public or business administration which included establishing organizational structures, developing strategic plans, budget development and control, setting goals and objectives to achieve program results and fostering a team environment; and
  • Program management and regulatory policy experience.
• Of the eight (8) years, two (2) of which must have included experience with public or business administration, establishing goals and objectives, as well as developing and managing a budget to achieve program goals and objectives.

OR

• Bachelor's Degree and Experience: Graduation from an accredited college or university with a bachelor's degree in accounting, business administration, economics, finance, management or closely related field; AND
• Six (6) years of professional,* executive, senior, or high-level management experience in the domestic commercial banking industry. This experience must include the following:
  
  • Managing a large multiple level organization through subordinate level managers, including direct, formal management/supervision of professional level staff;
  • Professional public or business administration which included establishing organizational structures, developing strategic plans, budget development and control, setting goals and objectives to achieve program results and fostering a team environment; and
  • Program management and regulatory policy experience.
• Of the six (6) years, two (2) of which must have included experience with public or business administration, establishing goals and objectives, as well as developing and managing a budget to achieve program goals and objectives.

SUBSTITUTION: Partial credit toward the degree requirement will be given for completed college/university coursework that did not result in a degree.A master's or doctorate degree from an accredited college or university in a field of study related to the work assignment will substitute for the bachelor's degree requirement.
*Professional work involves exercising discretion, analytical skill, judgment, and personal accountability and responsibility for creating, developing, integrating, applying, and sharing an organized body of knowledge that characteristically is: uniquely acquired through an intense education or training regimen at a recognized college or university; equivalent to the curriculum requirements for a bachelor's or higher degree with major study in or pertinent to the specialized field; and continuously studied to explore, extend, and use additional discoveries, interpretations, and application and to improve data, materials, equipment, applications and methods.
REQUIRED COMPETENCIES:

• Ability to structure, assess and implement cost effective strategies to create a regulatory environment that does not stifle economic development and is cognizant of the needs of a broad customer base, while ensuring the essential safety and soundness of the State's financial institutions.
• Ability to create an organizational environment that values and promotes respect and outstanding customer service at all levels of the organization, in a high-pressure environment.
• Demonstrated ability to communicate effectively and clearly under high-pressure conditions.
• Excellent critical thinking skills and demonstrated ability to adapt to quickly changing environments.
• Ability to effectively represent Colorado at a national level.
• Ability to learn and navigate state and department policies and procedures, including but not limited to: legislative, communications, budgeting, personnel, procurement, and operations processes.
• Proven experience in budget, financial and contract management.
• Proven experience managing a staff with diverse professional experience and qualifications.
• Proven experience in policy analysis, development and implementation.
• Ability to effectively represent the Division at various events and meetings, including but not limited to those with the Governor's Office, legislature, and key stakeholder groups.
• Demonstrated ability to develop and implement state-wide and/or regional initiatives.
• Excellent analytical and problem-solving skills, with the ability to quickly assess complex situations and develop effective solutions.
• Excellent interpersonal, verbal and written communication and public speaking skills
• Ability to problem solve and execute decisions.
• Excellent leadership, supervisory and team building skills including enhancing employee motivation and morale.
• Ability to work adeptly in a complex political environment.
• Excellent negotiation and consensus building skills.
• Extensive management and leadership ability, including organizational assessment and restructuring; staff recruitment, selection and supervision; budgeting and resource allocation; public speaking and presentation; negotiation of complex issues; ability to develop positive working relationships with elected officials and; development and implementation of multi-dimensional public policy positions.
• Integrity and high ethical standards, including a record and reputation for excellent character and sound decision making.
• Dependability and Reliability: Regular and consistent work attendance is pivotal, as this position serves a critical role in the business of the department
• Ability to maintain confidentiality, and the ability to manage confidential and sensitive information
• Professional Demeanor.
• Proficiency in the use of PC software applications including Microsoft Office (Word, Excel, Outlook) and in the use of databases.
• Proficiency in the use of Google drive and Google applications, including Docs, Sheets, Calendar)

Conditions of Employment - Candidates who fail to meet conditions of employment will be removed from consideration.

• The successful passing of a reference check and/or, if required, a background check.
  
  • A reference check may include but is not limited to: contacting previous and current supervisors to verify employment and discuss performance, a review of the personnel file, a review of the performance record, a review of job-related public information, etc.
  • The type of background check depends on the job duties of the position, and can include a review of any criminal record, credit report, and/or driving record.
• Ability to travel independently, including work in-office, as required by business need and scheduled by the supervisor.
• Out of state travel is required to attend conferences and training and occasional overnight travel throughout Colorado.

Supplemental Information
PLEASE READ - Required Application Materials

Interested individuals must submit the following online:

1. A completed State of Colorado Application (log-in to your current NeoGov account or create a NeoGov account to complete the online application). Note: Incomplete applications, including incomplete work history sections or "see rsum," "see attachment," or "see addendum" statements, will not be accepted in lieu of a completed application form.

2. A current email address on your application, as all communication pertaining to this position will be conducted via email. Please set up your email to accept messages from info@governmentjobs.com and '@state.co.us' addresses, and check your email often. Note: The department cannot guarantee the successful delivery of email, including incorrect filtering into junk mail folders.

3. A detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this.

Comparative Analysis Process: Structured Application Review

Part of, if not the entire, comparative analysis process for this position will involve a review of the information you submit in your application materials; Therefore, it is paramount that in the experience portion of your application and cover letter, you describe the extent to which you possess the education, experience, and competencies outlined in the job announcement as well as the required and/or preferred qualifications/competencies. You are also encouraged to attach additional documents to that effect. Failure to include adequate information or follow instructions may affect your score and prevent you from competing in subsequent measures used to arrive at a top group of applicants.

Part of the comparative analysis process and/or the interview process may be conducted through remote video conferencing (i.e. Google Meet, Zoom, etc.)
Veterans' Preference: Candidates who wish to assert Veterans' Preference should attach a copy of their DD214 to their application. Failure to do so will result in being denied Veterans Preference.

PLEASE NOTE: Former State Personnel System employees who were disciplinarily terminated or resigned in lieu of termination must disclose this information on the application. Colorado Revised Statutes require that all state employees be hired and promoted through competitive examination of merit and fitness. Failure to include the required information, failure to follow instructions, and/or failure to submit materials by the application deadline may result in your application not being considered for the position and may affect your score or inclusion in the final pool of qualified candidates.

The State of Colorado believes that equity, diversity, and inclusion drive our success, and we encourage candidates from all identities, backgrounds, and abilities to apply. The State of Colorado is an equal opportunity employer committed to building inclusive, innovative work environments with employees who reflect our communities and enthusiastically serve them. Therefore, in all aspects of the employment process, we provide employment opportunities to all qualified applicants without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, medical condition related to pregnancy, creed, ancestry, national origin, marital status, genetic information, or military status (with preference given to military veterans), or any other protected status in accordance with applicable law.
ADAAA Accommodations: DORA is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability with any reasonable accommodation requests related to employment, including completing the application process, interviewing, completing any pre-employment testing, participating in the employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Coordinator, at dora_adacoordinator@state.co.us.

Check out our excellent benefits package!
THIS ANNOUNCEMENT MAY BE USED TO FILL MULTIPLE VACANCIES
While a salary range is posted for this position, an eventual salary offer is determined by a comprehensive salary analysis, which considers multiple factors including but not limited to education and experience compared to others in the organization doing substantially similar work.
Appeal Rights:

If you receive notice that you have been eliminated from consideration for this position, you may file an appeal with the State Personnel Board or request a review by the State Personnel Director.

An appeal or review must be submitted on the official appeal form, signed by you or your representative. This form must be delivered to the State Personnel Board by email, US Mail, faxed or hand-delivered within ten (10) calendar days from your receipt of notice or acknowledgment of the department's action.

For more information about the appeals process, the official appeal form, and how to deliver it to the State Personnel Board go to spb.colorado.gov or refer to 4 Colorado Code of Regulations (CCR) 801-1, State Personnel Board Rules and Personnel Director's Administrative Procedures, Chapter 8, Resolution of Appeals and Disputes, at spb.colorado.gov under Rules.
The State of Colorado offers permanent employees a variety of benefits including medical, dental, life and disability insurance, as well as a comprehensive leave program. Please click the following link for detailed information:

Please note that each agency's contact information is different; therefore, we encourage all applicants to view the full, official job announcement which includes contact information and class title. Select the job you wish to view, then click on the "Print" icon.
01

DORA Q1: Please provide your Social Security Number. NOTE: This information will be kept strictly confidential and is only accessible to Human Resources Personnel.
02

DORA Q2: Are you a current or previous State of Colorado employee? Enter "yes" or "no" in the space provided. If "yes", enter 1) the State agency name, 2) dates of employment, and 3) your official classification title.
03

DORA Q3: If you are a current or former State of Colorado classified employee, have you ever been disciplinary terminated, resigned in lieu of termination, or deemed to have resigned without notice (Board Rule 7-6, Automatic Resignation)? NOTE: Current and former State Personnel System employees who were disciplinary terminated, resigned in lieu of termination, or who were deemed to have resigned without notice (Board Rule 7-6, Automatic Resignation) must disclose this information on the application. Failure to disclose this information and/or falsification of application materials may result in being removed from consideration for this position.

• N/A - I am not a current or former State of Colorado classified employee.
• YES, I have been disciplinary terminated, resigned in lieu of termination, or deemed to have resigned without notice (Board Rule 7-6, Automatic Resignation).
• NO, I have NEVER been disciplinary terminated, resigned in lieu of termination, or deemed to have resigned without notice (Board Rule 7-6, Automatic Resignation).

04

DORA Q4: Current or Former Classified Employees: Are you a transfer, non-disciplinary (voluntary) demotion, orreinstatement applicant?

• Yes
• No
• N/A - I am not a current or former State of Colorado classified employee.

05

DORA Q5: VETERAN'S PREFERENCE NOTE: If you are not eligible for/seeking Veteran's Preference, please skip down to the bottom and select option "N/A". REQUIRED DOCUMENTATION: Candidates who wish to assert Veterans' Preference should attach a copy of their DD214 reflecting dates of service, type of discharge, and, if appropriate, a campaign badge or service medal. If information regarding a campaign badge or service medal is necessary to award preference points and is not reflected on the DD214, other documents reflecting the grade or medal must be provided. Other types of documentation may be required for ten point preference. *Note 1: For a complete list of service dates and campaigns used in awarding preference points visit: http://www.opm.gov/veterans/html/vgmedal2.htm **Note 2: Medal holders and Gulf War veterans who originally enlisted after September 7, 1980, or entered active duty on or after October 14, 1982, without having previously completed 24 months of continuous active duty; must have served continuously for 24 months or the full period called or ordered to active duty. ***Note 3: Effective October 1, 1980, military retirees at or above the rank of major or equivalent, are not entitled to preference unless they qualify as disabled veterans. Reservists who are retired from the Reserves but are not receiving retirement pay are not considered "retired military" for purposes of veterans' preference. REMINDER: Proof of eligibility must be provided before points are allowed. Please attach documentation to your application. If you have not done so, please go back and do so now. Veteran's Preference points WILL NOT be applied without the appropriate documentation. PLEASE CHECK ALL THAT APPLY:

• N/A - I am not eligible for/seeking Veteran's Preference.
• A) I was honorably separated (this means an honorable or general discharge) and I served on active duty (excluding active duty for training) in the Armed Forces: During any war declared by Congress
• B) I was honorably separated (this means an honorable or general discharge) and I served on active duty (excluding active duty for training) in the Armed Forces: During the period April 28, 1952, through July 1, 1955;
• C) I was honorably separated (this means an honorable or general discharge) and I served on active duty (excluding active duty for training) in the Armed Forces: For more than 180 consecutive days, any part of which occurred after January 31, 1955, and before October 15, 1976;
• D) I was honorably separated (this means an honorable or general discharge) and I served on active duty (excluding active duty for training) in the Armed Forces: During the Gulf War period beginning August 2, 1990, and ending January 2, 1992;
• E) I was honorably separated (this means an honorable or general discharge) and I served on active duty (excluding active duty for training) in the Armed Forces: For more than 180 consecutive days, any part of which occurred during the period beginning September 11, 2001, and ending on the date prescribed by Presidential proclamation or by law as the last day of Operation Iraqi Freedom; or,
• F) I was honorably separated (this means an honorable or general discharge) and I served on active duty (excluding active duty for training) in the Armed Forces: In a campaign or expedition for which a campaign medal has been authorized*, such as El Salvador, Lebanon, Granada, Panama, Southwest Asia, Somalia, and Haiti.
• G) I have served on active duty in the Armed Forces at any time and have a present service connected disability or are receiving compensation, disability retirement benefits, or pension from the military or the Department of Veterans Affairs; or
• H) I am a Purple Heart recipient;
• I) I am the spouse of a veteran unable to work because of a service-connected disability;
• J) I am the unmarried widow/widower of certain deceased veterans; and
• K) I am the mother of a veteran who died in service or who is permanently and totally disabled.

06

DORA Q6: Part of the required application materials includes a detailed cover letter, explaining how you meet the required competencies and how your accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make you a good fit for this position; you may also attach additional documents that demonstrate this. Q: Have you included this cover letter as an attachment to your application? (If not, you may go back and do so now).Yes, I have attached the required cover letter explaining how I meet the required competencies and how my accomplishments, qualifications, skills, areas of expertise, personal characteristics, etc. make me a good fit for this position; I may also attach additional documents that demonstrate this.No, I have not attached the required cover letter to my application. Note: I understand that failure to include this information and follow instructions may prevent me from competing in subsequent measures used to arrive at a top group of applicants.

• Yes
• No

07

DORA Q7: Do you have a bachelor's/associate's degree in accounting, business administration, economics, finance, management or a closely related field? Please specify.
08

DORA Q8: Please explain in detail how you meet the following minimum qualifications: Ten (10) years of professional,* executive, senior, or high-level management experience in the domestic commercial banking industry. This experience must include the following: Managing a large multiple level organization through subordinate level managers, including direct, formal management/supervision of professional level staff; Professional public or business administration which included establishing organizational structures, developing strategic plans, budget development and control, setting goals and objectives to achieve program results and fostering a team environment; and Program management and regulatory policy experience. Of the ten (10) years, two (2) of which must have included experience with public or business administration, establishing goals and objectives, as well as developing and managing a budget to achieve program goals and objectives.NOTE: If you answered yes to DORA Q7 with an associate's degree, the experience requirement is eight (8) years. If you answered yes to DORA Q8 with a bachelor's degree, the experience requirement is six (6) years.
09

DORA Q9: Although this position will be designated under the department's hybrid workplace program, it will still be required to report to the department office on a scheduled basis and at the discretion of the supervisor, based on business needs. Would you be able to do this?

• Yes
• No

10

DORA Q10: The salary range posted for this position is $103,644 - $134,736/annually ($8,637- $11,228/monthly); while appointments are typically made at or near the range minimum, the salary will be set based on the qualifications of the candidate appointed and relevant factors. Please share your salary expectations below.
11

DORA Q11: If you move forward in this process and are selected for this position, what is the earliest date that you would be able to start?
Required Question