Assistant Deputy Superintendent for Field Examination, NS

Assistant Deputy Superintendent For Field Examination

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.

The Department of Financial Services is seeking candidates for the position of Assistant Deputy Superintendent for Field Examination in the Mortgage Banking - Real Estate Finance unit. The Assistant Deputy Superintendent will report to the Deputy Superintendent of Mortgage Banking - Real Estate Finance. Duties will include, but not be limited to :

• Supervising 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 most efficient and productive use of examiners;
• Overseeing, scheduling and implementation of multistate confidentiality protocols;
• Providing guidance to review and field examination staff in solving problems and coping with unusual situations, including compliance with multistate initiatives, resource management and organization of examination reports and workpapers;
• Overseeing subordinate examiners participation in the development of standardized examination protocols;
• Actively participating in development meetings for multistate 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 divisions 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 multistate examinations;
• Advising the Superintendent on matters dealing with banking industry and individual institutions;
• Reviewing examination reports for more complex institution and entities designated problem institution 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 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.

Preferred Qualifications

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 : $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 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.

Some positions may require additional credentials or a background check to verify your identity.