Assistant Deputy Superintendent Field Examination, NS

Overview

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.

• Supervising the in‑house review function and field examination functions, including overseeing the day‑to‑day duties and responsibilities of Financial Services Manager I and II, Financial Services Examiners 1-3, and various levels of clerical support staff;
• Consulting with federal and state regulatory agencies, EIC and team leaders on joint and concurrent examinations to decide the most efficient and productive use of examiners;
• Overseeing, scheduling and implementation of multi‑state confidentiality protocols;
• Providing guidance to review and field examination staff in solving problems and coping with unusual situations, including compliance with multi‑state initiatives, resource management and organization of examination reports and work papers;
• Overseeing subordinate examiners’ participation in the development of standardized examination protocols;
• Actively participating in development meetings for multi‑state examination initiatives, assisting in the development of standardized workplans, compliance review modules and training materials;
• Preparing and reviewing consent orders and settlement agreements, including recommending the amount of penalty that the Department should levy;
• Coordinating discussions with senior management of regulated entities on enforcement actions relating to examination findings;
• Coordinating with the Department’s executive management team in the final resolution of consent orders and settlement agreements;
• Assuming overall responsibility for a division’s operation in the absence of the Deputy Superintendent;
• Transmitting examination reports to institutions and recommending and justifying formal supervisory action to correct weaknesses and violations cited;
• Coordinating with federal and state regulators on multi‑state examinations;
• Advising the Superintendent on matters dealing with the banking industry and individual institutions;
• Reviewing examination reports for more complex institutions and entities designated problem institutions based on level of noncompliance, deficiencies, consumer complaints of egregious conduct;
• Resolving regulatory problems arising through the examination process, including meetings with senior management and boards of directors of regulated institutions;
• Analyzing proposals submitted by subordinates and recommending appropriate action to the Deputy Superintendent and executive staff;
• Assisting the Deputy Superintendent in developing policies and procedures and introducing changes to laws and regulations;
• Formulating new or revised legislation and regulations;
• Representing the Department at conferences, seminars and trade association meetings;
• Overseeing division operations by supervising staff, preparing the budget, overseeing information systems, and making and reviewing assignments.

• At least 11 years of banking experience with strong knowledge of banking policies and procedures and bank examination standards and processes, of which two years of experience must have been at a managerial level.
• Substitutions:
  Associate degree may substitute for two years of specialized experience; bachelor's degree may substitute for four years of specialized experience; master's degree may substitute for five years of specialized experience; J.D. may substitute for six years of specialized experience;
  Ph.D. may substitute for seven years of specialized experience.
• At least five years of experience supervising a large team of examiners;
• At least five years of regulatory experience supervising large complex institutions, including planning and conducting mandated examinations on an annual basis;
• Ability to supervise and participate or lead various projects;
• Strong written and oral communication skills.

Salary: $127,507 - $160,911 (salary commensurate with experience).

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

This is an appointment to a position in the exempt jurisdictional class. The incumbent will serve at the pleasure of the appointing authority.