Roving Supervisor Property Bureau (Director Financial Services Programs 1, SG-31)

NY HELP No Agency Financial Services, Department of Title Roving Supervisor Property Bureau (Director Financial Services Programs 1, SG-31) Occupational Category Other Professional Careers Salary Grade 31 Bargaining Unit PS&T - Professional, Scientific, and Technical (PEF) Salary Range From $127433 to $155130 Annually Employment Type Full-Time Appointment Type Contingent Permanent Jurisdictional Class Non-competitive Class Travel Percentage 0% Workweek Mon-Fri Hours Per Week 37.50 Workday From 8 AM To 6 PM Flextime allowed? No Mandatory overtime? No Compressed workweek allowed? No Telecommuting allowed? Yes County To Be Determined Street Address One State Street One Commerce Plaza City New York/Albany State NY Zip Code 10004 Minimum Qualifications 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 Roving Supervisor in Property Bureau within the Insurance Division. Duties include, but are not limited to, the following: Directly supervises and evaluates Examiners in Charge (EIC) throughout all aspects of the examination and reviews progress on ongoing financial examinations; Establishes goals and objectives of site visits to ensure DFS and National Association of Insurance Commissioners (NAIC) accreditation standards and deadlines and communicates the results of such visits to the Field Unit Supervisor and Assistant Chiefs; Establishes and modifies examination priorities to ensure DFS and NAIC accreditation deadlines are met and communicates any modifications to the Field Unit Supervisor and the Assistant Chiefs; Reports statutory and accreditation time frame issues to the Field Unit Supervisor and the Assistant Chiefs; Works with the Company Regulatory Units to identify time sensitive and risk sensitive examinations and prioritize examinations; Ensures that examinations are completed within schedule and documents and seeks approval for necessary extensions from the Field Unit Supervisor and the Assistant Chiefs; Leads pre-examination meetings. Reviews results of pre-examination reviews and approves the examination planning memo which entails the scope of field examinations including critical risk areas; Facilitates Examination Coordination - Coordinates communication between field examiners and office analysts in the Company Regulatory Units, Actuarial Section, Capital Markets, and the Consumer Assistance Unit of CPFED; Arranges for appropriate internal expertise from Capital Markets, Actuarial and Counsel to participate in financial examinations and monitors progress; Directly supervises external consultants to be used on financial examinations by, working with consultants to incorporate their procedures into the examination and Report on Examination and monitors progress; Provides input regarding modifications to procedural standards for conducting financial examinations and coordinated financial examinations in compliance with the Insurance Law, Regulations, Circular Letters and NAIC accreditation standards; Ensures that examination procedures are reflective of potential operational risks of the company and reflects knowledge of how the insurer operates; Reviews monthly and on-site reports submitted by EICs and communicates issues of concern to the Field Unit Supervisor and the Assistant Chiefs; Ensures that Reports on Examination are submitted in an orderly and timely fashion by monitoring report progress during the examination and assuring accuracy and logic when applying Insurance Law, regulations, circular letters, and statutory accounting practices as they relate to Property Companies; Forwards recommendations resulting in violations to the Field Unit Supervisor and the Assistant Chiefs and counsel in a timely manner and monitors progress; Reviews drafts of reports on examination and conducts meetings with company representatives to finalize report findings and coordinates with the Field Unit Supervisor and the Bureau Chiefs, counsel and actuarial regarding recommendations, potential fines and stipulations; Determines and recommends training for staff and evaluates requests for available training; Evaluates the results of training; Ensures that staff are apprised of and following DFS administrative procedures; Communicates orally and through written reports, memoranda, and letters with representatives of industry, the NAIC and DFS staff to elicit information and communicate ideas; Arranges work in a systematic manner, sets priorities, doing critical work first and maintaining records in accordance with DFS and NAIC standards; and Reviews and approves requests for travel, overtime, alternative work schedules and travel reimbursement submitted by staff. Duties Description Appointment method:Candidates must meet the minimum qualifications listed below in order 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 seven (7) 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. Two (2) 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. Additional Comments Salary: The starting salary for this position is $127,433 with periodic increases up to $155,130.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 $3,087 annual downstate adjustment.Appointment Status: Contingent PermanentAppointment 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.Name Tyler Lebel Telephone Fax 518-402-5071 Email Address NCE.Notifications@DFS.ny.gov Address Street One Commerce Plaza 3rd Floor City Albany State NY Zip Code 10004 Notes on Applying To Apply: Interested qualified candidates must submit a resume and letter of interest no later than November 28, 2024, to the email address listed below. Please include the Vacany ID in the subject line of your email to ensure receipt of your application. Email submissions are preferred.Tyler LebelBox RSPB-DFSP1-10034New York State Department of Financial ServicesOffice of Human Resources Management One Commerce Plaza, Suite 301Albany, NY 12257Email: NCE.Notifications@dfs.ny.govFax: (518) 402-5071All candidates that apply may not be scheduled for an interviewPublic 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.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 response@oer.ny.gov.