Job description

Description

Duties Description

The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its employees are responsible for empowering consumers and protecting them from financial harm; ensuring the health of the entities we regulate; driving economic growth in New York through responsible innovation; and preserving the stability of the global financial system.

Responsibilities

The Department of Financial Services is seeking candidates to fill positions of Assistant Deputy Superintendent of Foreign and Wholesale Banks. The Assistant Deputy Superintendent will supervise the in-house review and field examination functions of banks, including overseeing the day-to-day duties and responsibilities of subordinate staff. The Assistant Deputy Superintendent will oversee the regulation of the institutions for which the Foreign and Wholesale Business Unit has responsibility. Other duties will include, but not be limited to, the following:

Plans and directs the examinations of financial institutions;
Assigns commissions to examiners at all levels;
Develops standards and methods for examining institutions and reviewing examination reports on the financial condition of institutions, the adequacy of their operations, and the capability of management;
Directs letters to institutions to convey examination findings, calling attention to management on corrective action desired;
Meets with institution officers to discuss policies and resolving problems;
Advises Executive Deputy Superintendent for Banking and other Banking and Departmental leadership on all matters falling within the scope of assigned responsibility and making necessary recommendations; and
Other duties as assigned.
Travel may be required up to 5%.

Preferred Qualifications

Minimum Qualifications

At least 7 years of banking experience with strong knowledge of banking policies and procedures and bank examination standards and processes;
At least five years of experience supervising a large team of examiners;
At least five years regulatory experience supervising large complex institutions, including planning and conducting mandated examinations on an annual basis;
Ability to supervise and participate or lead on various projects; and
Strong written and oral communication skills.

Appointment Method

This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority.

Additional Comments

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $123,792 - $156,224 (salary commensurate with experience)

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $4,000 annual downstate adjustment.

Appointment Status: This is an appointment to a position in the exempt jurisdictional class.

Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval.

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