The State of New York, established in 1778, is a longstanding public service entity for the residents of New York. Its workplace culture emphasizes dedication t
Assistant Deputy Superintendent for Examination and Monitoring
Location
New York
Posted
56 days ago
Salary
$127.5K - $160.9K / year
Seniority
Senior
Job Description
Assistant Deputy Superintendent for Examination and Monitoring
State of New York
Title: Assistant Deputy Superintendent for Examination & Monitoring (Assistant Deputy Superintendent, NS) Location: Albany or New York City United States Salary RangeFrom $127507 to $160911 Annually Employment Type Full-Time Appointment Type Permanent Jurisdictional Class Exempt Class Travel Percentage 25% Workweek Mon-Fri Hours Per Week 37.5 Workday From 8 AM To 6 PM Flextime allowed? No Mandatory overtime? No Compressed workweek allowed? No Telecommuting allowed? Yes 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 Assistant Deputy Superintendent for Examination and Monitoring within Virtual Currency. Duties include, but are not limited to, the following: - Manages teams of staff dedicated to examinations and ongoing monitoring of virtual currency entities. - Promote, provide guidance regarding, and oversee the implementation of the risk-based approach to examinations and ongoing monitoring. - Oversees completion of examinations and reports of examination. - Oversees implementation of the material change request process. - Contributes to the department's supervisory strategy. - Oversee, assess, and continually enhance supervisory and monitoring processes and be a champion of change. - Coordinates and collaborates with other units and divisions to ensure timely and effective execution of supervisory responsibilities in furtherance of the NYDFS's regulatory objectives. - Supports the licensing process and the intake of newly licensed entities into the examination and monitoring program. - Participates in the training, mentoring, and coaching of department staff. - Stay abreast of trends in virtual currency markets, including the development of new products and services, virtual currency linked investments, the underlying technologies, data privacy, anti-money laundering initiatives, and update stakeholders and agency management on a periodic basis; - Travel may be required up to 25% of the time; and - Other duties as assigned. Minimum Qualifications Preferred Qualifications - At least 14 years of relevant work experience; o 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; - Five years of the experience must have been at a managerial level; - Strategic planning: - Virtual currency; - BSA/AML, OFAC, and related laws, regulations, and best practices; - Cybersecurity laws, regulations, and issues; - Internal controls/governance; - Financial analysis; - Accounting 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.
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