NY HELP No

Agency Financial Services, Department of

Title CPC APAC GSIB Portfolio (Director Financial Services Programs 2, SG-33)

Occupational Category Financial, Accounting, Auditing

Salary Grade 33

Bargaining Unit PST - Professional, Scientific, and Technical (PEF)

Salary Range From $141509 to $170993 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Competitive Class

Travel Percentage 10%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address One State Street, New York, New York 10004

City New York

State NY

Zip Code 10004

Minimum Qualifications Appointment method:Candidates must meet the minimum qualifications listed below to be eligible for appointment.Non-Competitive: A Bachelor’s Degree in accounting, actuarial sciences, auditing, banking, business, business administration, business and technology, commerce, computer information systems, computer science, consumer sciences, criminal justice, cyber security, econometrics, economics, finance, financial administration, health, health administration, information systems, information systems engineering, information technology, internal controls, international or public affairs, law, market analysis, mathematics, public administration, public policy, risk management, statistics, taxation, or technology and eight (8) years of financial services experience with: 1) a regulated entity who has a regional, national and/or international presence; or 2) a governmental regulatory entity. This experience must include practical and technical knowledge about State, federal and/or international financial services laws, rules, and regulations. Three (3) years of the experience must have been at a managerial level. Substitutions: A J.D. or a Master's Degree may substitute for one (1) year of specialized experience; and a Ph.D. may substitute for two (2) years of specialized experience.

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.The Department of Financial Services is seeking candidates for the position of Central Point of Contact for Asian Globally Systemically Important Banks in the Foreign and Wholesale Banks unit with the Banking Division. Duties include, but are not limited to, the following:• Acts as a team leader for a team of examiners covering several global systemically important banks or other large institutions; planning and directing the examinations and overall supervision of the institutions;• Serves as Examiner in Charge in the examination of large-sized complex institutions with the responsibility for planning and organizing examin ations and assigning key subordinate examiners to specific segments of the examination (e.g., loan review, earnings, liquidity analysis, capital, BSA/AML, systems and technology, loss mitigation etc.); • Prepares the risk assessment, risk matrix, staff utilization schedule, and the examination scope and procedures based upon the institution’s risk profile, information in the previous examination report, workpapers, correspondence, internal departmental memoranda and directives from Department management;• Requests information from bank management about policy or operating changes that could influence examination procedures and supervision of the institution;• Monitors examination progress and provides guidance to subordinates and adheres to time schedules. Reviews the assignments of assisting examiners, providing constructive critical analysis of their work;• Reviews and analyzes all examination report schedules, supporting comments and workpapers submitted by assisting examiners, and statements made by branch or agency employees, to identify any risks present which may impact the branch or agency;• Submits an accurate, comprehensive report of examination of the financial condition of the entity, complete with narrative and analytical presentations on the various operations of the institution, with suggestions or recommendations to the senior management team and board of directors on corrective measures that need to be taken;• Reviews apparent violations of law or regulation, discusses each case with assisting examiners and institution management, determines what documents and records should be assembled to complete a review and analysis and, if necessary, asks for and reviews the opinion of institution counsel;• Reviews with management significant examination findings and conclusions and suggests and explores practicable approaches to correct deficiencies;• Presides at or participates in meetings with senior management of institutions within their portfolio;• Acts as a team leader for a team of examiners covering a portfolio of institutions; • Participates and encourages the development and training of personnel;• Processes, analyzes and recommends action on complex corporate actions submitted for approval by institutions;• Analyzes applications for various actions by conferring with principals of the institutions involved, reviewing plans, evaluating financial data and all legal and financial requirements;• Prepares studies and special projects for the Superintendent and Deputy Superintendent on various topics by establishing objectives, developing parameters, conducting research, conferring with appropriate individuals and preparing the final draft of position papers and studies;• Acts as liaison to, and meets with, Federal and State regulatory authorities and industry groups on legal and accounting matters affecting supervised institutions;• Addresses potentially critical and controversial issues affecting the banking industry, and provides guidance to subordinate examiners;• Recommends administrative actions, fines, penalties or suspension or revocation licenses or charters where circumstances warrant; and• Assists the Deputy in developing policies and procedures, introducing changes to laws and regulations and formulating new or revised legislation.• Travel may be required up to 10%.

Additional Comments 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 $3,400 annual downstate adjustment.

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

Name Tyler Lebel

Telephone

Fax (518) 402-5071

Email Address [email protected]

Address

Street One Commerce Plaza

Suite 301

City Albany

State NY

Zip Code 12257

Notes on Applying To Apply: Interested qualified candidates must submit a resume and letter of interest no later than July 29, 2024 to the email address listed below. Please include the Vacancy ID in the subject line of your email to ensure receipt of your application. Email submissions are preferred.Tyler LebelBox CPCAGSIB-DFSP2-10057New York State Department of Financial ServicesOffice of Human Resources Management One Commerce Plaza, Suite 301Albany, NY 12257Email: [email protected]: (518) 402-5071All candidates that apply may not be scheduled for an interview.Public Service Loan ForgivenessEmployment with New York State qualifies an individual for Public Service Loan Forgiveness (PSLF). This program forgives the remaining balance on any Direct Student Loans after you have made 120 qualifying monthly payments while working full-time for a U.S. federal, state, local, or tribal government or not-for-profit organization. To learn more about the program and whether you would qualify, please visit: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-serviceAMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONSUnder the Americans with Disabilities Act (ADA), the Department of Financial Services is required to provide reasonable accommodation for known physical or mental limitations of an otherwise qualified applicant with a disability if an accommodation would enable the applicant to perform the essential functions of the job. If the accommodation would constitute an undue hardship on the operations of the agency, the agency is not required to provide it.All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.Pursuant to Executive Order 161, no State entity, as defined by the Executive Order, is permitted to ask, or mandate, in any form, that an applicant for employment provide his or her current compensation, or any prior compensation history, until such time as the applicant is extended a conditional offer of employment with compensation. If such information has been requested from you before such time, please contact the Office of Employee Relations at (518) 473-3130 or via email at [email protected].