Steve Antonakes, deputy director and associate director for supervision, enforcement and fair lending (SEFL) at the Consumer Financial Protection Bureau (CFPB), is resigning as the organization’s No. 2 official.

Antonakes told employees on Thursday that he wanted to spend more time with his family and less time commuting.

“Having commuted from Boston for nearly five years, I have logged hundreds of thousands of miles and missed entirely too many class plays, teacher conference meetings, and little league games,” Antonakes said in an email Thursday to the CFPB staff. “I have decided to return home to Massachusetts and pursue opportunities that will ensure that I am home for dinner with my wife and family and can assist my five children with their homework.”

Antonakes joined the CFPB in November 2010 and was named director in September 2013. He previously worked with the Massachusetts Division of Banks in 1990 and later was appointed by successive governors as the commissioner of banks from December 2003 until November 2010, making him only the second career bank examiner to ever serve in that capacity.

“My time at the bureau has been the apex of my 25 years in government and bank regulation. I have been blessed to do worthwhile and interesting work alongside, smart, tenacious, and dedicated public servants,” Antonakes said in the email.

“I have great respect for Steve’s decision to move closer to his family given my own situation with a weekly interstate commute,” CFPB Director Rich Cordray said Thursday in an email to the CFPB staff. “It is not easy to juggle work at the bureau with family far away during the week, and Steve has done so incredibly well.”

The CFPB has not specified when the role will be filled.

“We will provide additional information in the coming weeks about acting responsibilities for both the deputy director and SEFL associate director roles. For now please join me in thanking Steve for his exceptional service to the bureau and to American consumers,” Cordray said in the email.