Pennsylvania Secretary of Banking and Securities Announces Workforce Development Initiative

HARRISBURG, Pa., March 29, 2016 /PRNewswire-USNewswire/ -- During a meeting today with Kutztown University students, faculty, and staff, PA Secretary of Banking and Securities Robin L. Wiessmann announced the department's "RRRevUp!" workforce development initiative, designed to attract, develop, and retain a highly-skilled, professional workforce engaged in the regulatory oversight of financial services industries.

"The three R's in the name of the initiative indicate our dedication to the recruitment, retention, and recognition of our employees," said Wiessmann. "Due to innovations coming out of Silicon Valley and Wall Street, financial services has become an exciting and highly dynamic field. We want to help ensure that our staff can continue to keep pace with the increasing complexity of financial services, products, and transactions."

As part of the department's strategic plan, RRRevUp! has established several innovative programs, including:

• A telework program for office-based management employees;
• A comprehensive recruitment plan targeted to a diverse and wide candidate pool;
• A college intern program;
• Engagement with the state government Emerging Leader Program and Leadership Development Institute; and
• A new, formal examiner training program.

The department is looking to fill examiner positions working with a variety of financial businesses, including banks, credit unions, trust companies, mortgage brokers and lenders, auto sales finance companies, debt services companies, and investment firms. Recent college graduates as well as more seasoned professionals who have experience in auditing, accounting, and/or the financial services industry can apply to the Pennsylvania State Civil Service Commission.

"Ultimately, our goal is to help ensure that consumers and businesses have confidence in Pennsylvania's financial services marketplace," said Wiessmann. "Governor Wolf and I want to make our commonwealth the desired destination for their financial transactions."

The department is accredited by the Conference of State Bank Supervisors, the American Association of Residential Mortgage Regulators and the National Association of State Credit Union Supervisors, and is a member of the North American Securities Administrators Association, the National Association of Consumer Credit Administrators and the Money Transmitter Regulators Association.

Media contact: Ed Novak, 717-783-4721

SOURCE Pennsylvania Department of Banking and Securities