CFPB Hiring Financial Narcs
The Consumer Financial Protection Bureau is apparently hiring undercover investigators to research and document violators of its regulations, and offering a compensation package that includes a six-figure salary and benefits.
An ad posted on the Treasury Department’s job section announces a few Washington-based positions that require specific federal service experience at the GN-52 level, which is roughly equivalent to a GS-12 grade. That job closed July 31.
In addition to investigating suspected CFPB violators, the new employees are also charged with providing documentation for court cases, rounding up witnesses, serving summons and testifying against alleged violators in court.
The position also requires sensitivity in handling delicate situations, and finding “investigative problems for which there are few, if any, established criteria,” the ad said.
The financial cop positions hit the job market after it was revealed earlier this year that the Department of Education hired undercover contractors disguised as college students who researched and flushed out alleged financial aid fraud.
Last year, the Federal Trade Commission hired mystery shoppers who sent teenagers into media retailers to attempt to buy adult-rated movies and video games.