Managing Counsel, Regulations

Washington, D.C
Nov 28, 2021
Nov 30, 2021
Full Time

As a Managing Counsel, Regulations, you will:
  • Manage significant, complex rule-making projects and policy proposals.
  • Oversee the formulation, implementation and interpretation of consumer credit and financial services laws, regulations and rules.
  • Oversee the preparation of draft legislation and rules, amendments to policies, Congressional testimony, official CFPB interpretations, and analyses of proposed legislation, rules and policies.
  • Speak authoritatively on consumer financial services laws and other regulatory matters and represent CFPB at meetings and conferences.


Conditions of Employment

Key Requirements:
  • Please refer to "Conditions of Employment."
  • Must be U.S. Citizen or U.S. National
  • A Public Trust background investigation will be required

  • As required by Executive Order 14043, Federal employees are required to be fully vaccinated against COVID-19 regardless of the employee's duty location or work arrangement (e.g., telework, remote work, etc.), subject to such exceptions as required by law. If selected, you will be required to be vaccinated against COVID-19 and submit documentation of proof of vaccination by November 22, 2021 or before appointment or onboarding with the agency, if after November 22. Please do not submit any vaccine documentation at this time. If you are selected for a position at the Bureau, additional information will be provided regarding what information or documentation will be needed and how you can request of the agency a legally required exception from this requirement.

    Due to COVID-19, the Bureau is currently in a maximum telework posture through at least January 15, 2022. If selected, you may be expected to temporarily telework, even if your home is located outside the local commuting area. Once employees are permitted to return to the office and maximum telework is revoked, you will be expected to report to the duty station listed on this announcement. At that time, you may be eligible to request to continue to telework on a routine or situational basis in accordance with the Bureau's telework policy.


    1. Law Degree: Applicants must be a graduate of an accredited law school with an LL.B., J.D. or equivalent.
    2. Bar Membership: Applicants must be a current member of a bar with a valid license to practice law in a state, territory of the United States, District of Columbia, or Commonwealth of Puerto Rico.
    3. Experience for the CN-71: Seven (7) years of related legal experience. Such experience must include experience as a licensed attorney in order to be creditable, one of which is at or equivalent to the CN-60 (GS-14 or equivalent); OR
    You must have thirty-six (36) months of specialized experience at the CN-60 (GS-14 or equivalent) that equipped you with the particular knowledge, skills, and abilities needed to successfully perform the duties of this position.
    4. Specialized experience for CN-71 is defined as: Experience conducting legal research and analysis in a public-policy related field; experience leading and managing other attorneys; and experience in one or more of the areas of consumer financial services law listed below is required:
    • Debt collection, including activities covered by the Fair Debt Collection Practices Act.
    • Consumer reporting and consumer privacy, including activities covered by the Fair Credit Reporting Act or the Gramm-Leach-Bliley Act.
    • Regulation of unfair, deceptive, or abusive acts and practices involving consumer financial services.
    • Providing consumers financial data processing products or services of financial advisory services, such as credit counseling.
    • Mortgage and other credit transactions, including transactions covered by the Truth in Lending Act, the Real Estate Settlement Procedures Act, and the Home Mortgage Disclosure Act.
    • Fair lending, including activities covered by the Equal Credit Opportunity Act.
    • Deposit taking, transmitting or exchanging funds, providing stored value or payment instruments, and check cashing, including activities covered by the Electronic Fund Transfer Act and Truth in Savings Act.
    • Consumer leasing, including activities covered by the Consumer Leasing Act.

    The experience may have been gained in either the public, private sector or volunteer service . One year of experience refers to full-time work; part-time work is considered on a prorated basis. To ensure full credit for your work experience, please indicate dates of employment by month/day/year, and indicate number of hours worked per week on your resume.

    A new hire's direct and overall experience are critical factors in determining a salary offer, it is important that your resume fully reflects all of your work experience. The Consumer Financial Protection Bureau determines the salary offer for each selectee based primarily on three key factors:
    • The selectee's directly related experience at the same level as the position
    • The selectee's overall experience in a particular industry or area
    • The salaries of other Bureau employees in similar positions and with similar levels of experience.

    We also take the selectee's skill set into account. Applicants should note that salary offers seldom fall near the upper end of the salary range as listed in this vacancy announcement. Salary may be set from the minimum of the salary range to the midpoint of the salary range. In some instances, based on a selectee's extensive experience directly related to the position, salary may be set at or above the mid-point up to the maximum salary for that band level. See information on our base pay ranges and salary structure.


    Law Degree: Applicants must be a graduate of an accredited law school with an LL.B., J.D. or equivalent.

    Additional information

    • We may select from this announcement or any other source to fill one or more vacancies.
    • This announcement may be used to fill like positions in other organizations within the Consumer Financial Protection Bureau
    • All candidates will be considered without regard to any non-merit reasons such as race, color, religion, sex, age, national origin, lawful political affiliation, marital status, disability, sexual orientation, protected genetic information, parental status, membership in an employee organization, or other non-merit factors.
    • This is a non-bargaining unit position.
    • We offer opportunities for telework.
    • We offer opportunities for flexible work schedules.
    • Bureau employees are subject to government-wide ethical standards of conduct, financial disclosure requirements, and post-employment prohibitions, which applicants may review at In addition, employees must comply with the Supplemental Standards of Ethical Conduct for Employees of the Consumer Financial Protection Bureau (5 CFR 9401), which, among other things, prohibit an employee or the employee's spouse or minor child from owning or controlling a debt or equity interest in an entity supervised by the Bureau. Regulations also impose restrictions on the outside activities of certain Bureau employees, including examiners and attorneys. Applicants may review the Bureau ethics regulations and a summary of the regulations at Questions regarding these requirements and prohibitions should be directed to the Bureau Ethics Office at .
    • A trial period may be required.
    • Public Trust - Background Investigation will be required.
    • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
    • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
    • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
    • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form i-9. Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
    • Obtain and use a Government-issued charge card for business-related travel.
    • File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
    • Applicants must be a current member of a bar with a valid license to practice law in a state, territory of the United States, District of Columbia, or Commonwealth of Puerto Rico.

    Our comprehensive benefits are among the most generous in the federal government. They include:- Challenging and rewarding work benefiting American consumers - Opportunities for development and advancement- Comprehensive Federal health, vision, dental, life, and long-term care insurance programs- Learn more about Federal benefits programs at:

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