Deputy Superintendent Buy---Later Lending; Deputy Superintendent, NS

Deputy Superintendent for Buy-Now-Pay-Later Lending (Deputy Superintendent, NS)

Join to apply for the Deputy Superintendent for Buy-Now-Pay-Later Lending (Deputy Superintendent, NS) role at New York State Department of Financial Services

This range is provided by New York State Department of Financial Services. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

$/yr - $/yr

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.

Reporting to the Senior Deputy Superintendent for Nonbank Supervision, the Deputy Superintendent for BNPL Lending will be responsible for overseeing the team responsible for managing the licensing, supervision and examination of entities engaged in BNPL lending. Duties include, but are not limited to, the following:

• Briefs and advises the Superintendent, Executive Deputy Superintendent for Banking, Senior Deputy Superintendent and Deputy Superintendent for Nonbank Supervision, as appropriate, on a wide range of supervisory, regulatory, legislative, policy, enforcement and other matters related to BNPL lending;
• Leads policy development and implementation for BNPL lending;
• Manages a team of examiners who work on the licensing, supervision and examination of entities engaged in BNPL lending, including by assisting with the development and oversight of application- and examination-related policies and procedures;
• Works closely with staff in other Divisions of DFS as appropriate on matters relating to regulated entities engaged in BNPL lending;
• Supervises other consumer lending industries, as necessary and appropriate;
• Travel may be required up to 10%.

Preferred qualifications are not specified.

• A bachelor's degree, law degree, and at least 10 years of relevant work experience including 5 years in the financial services industry;
• At least 5 years of managerial supervision with a demonstrated ability to supervise large teams;
• Demonstrated knowledge of consumer lending and payments risks and regulations, such as Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, state-level consumer lending statutes, and data privacy requirements;
• Experience designing or implementing programs, including by defining processes and metrics, coordinating across teams, and developing guidance and training materials;
• Experience drafting and interpreting guidance, advisories, or regulations related to consumer lending.

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.

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.
Salary: $172,787 - $213,995 (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.

Executive

Full-time

Finance, Analyst, and Accounting/Auditing