WASHINGTON - Steven Antonakes, who just stepped down last month as the deputy director of the Consumer Financial Protection Bureau, is joining the $9.6 billion-asset Eastern Bank in Boston to serve as a senior vice president and chief compliance officer.

Antonakes unexpectedly announced in July he was stepping down as the agency's No. 2, citing a desire to be closer to his family in Massachusetts.

Antonakes started his career as a bank examiner with the Massachusetts' Division of Banks and was tapped in 2003 to be commissioner, a position he held until 2010 when he left to join the CFPB as the assistant director of large-bank supervision.

In his new role, Antonakes will report to Barbara Heinemann, executive vice president of Eastern Bank's enterprise risk management division and will work out of the operations center in Lynn, Mass., according to a press release.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.