Director, Financial Services Risk & Regulatory Strategy

New York State Department of Financial Services; New York (NY); On-site; USD 131,000 - 160,000; Full time

Job summary

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

Qualifications

• Strong understanding of financial regulation and compliance requirements.
• Experience presenting findings to boards or management.
• Ability to manage multiple tasks and prioritize deadlines.
• Familiarity with GSIB supervision and related regulatory actions.
• Proven peer mentoring and leadership in a regulatory setting.

Responsibilities

• Assists the CPC as primary contact for continuous monitoring of a GSIB institution.
• Prepares annual assessment letters and presents findings to bank management and board of directors.
• Represents DFS at interagency Crisis Management meetings and Supervisory Colleges.
• Supports risk assessment, risk matrix, and examination scope based on risk profile.
• Reviews completed target examinations and prepares examination reports.

Skills

Regulatory knowledge

Supervisory planning

Risk assessment

Interagency collaboration

Analytical reporting

Job description

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