Deputy Counsel, NS (Banking)

Join to apply for the Deputy Counsel, NS (Banking) role at New York State Department of Financial Services

Join to apply for the Deputy Counsel, NS (Banking) role at New York State Department of Financial Services

New York State Department of Financial Services provided pay range

This range is provided by New York State Department of Financial Services. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

$127,507.00 / yr - $160,911.00 / yr

Description

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.

Duties

The Department of Financial Services is seeking candidates for the position of Deputy Counsel within the Office of General Counsel (Banking) located in NYC. The Deputy Counsel duties will include, but are not limited to, the following :

• Renders professional regulatory and legal advice of a high degree of difficulty involving application of state and federal laws to New York chartered financial institutions, including questions of first impression and with conflicting precedent that require extensive research, analyses, and ingenuity to resolve;
• Reviews applications for legal sufficiency, including mergers, change of control, de novo charters, and foreign bank licensing, among others;
• Assists with, and effectively collaborates on, policy, enforcement, litigation, and regulatory matters concerning the regulation of financial institutions doing business in New York;
• Reviews and prepares memoranda on legislations; drafts amendments to legislations, regulations, guidances, and other regulatory materials, including proposals, as needed;
• Leverages strong written and verbal skills in interactions with financial institutions, other state and federal governmental and regulatory agencies, and law firms;
• Drafts and negotiates contracts, memoranda of understanding and other agreements with domestic and foreign regulators;
• Conducts legal research and analysis, and prepares opinions and memoranda of law;
• Analyzes requests for confidential supervisory information (CSI) from regulated financial institutions, governmental and regulatory agencies, and other third parties under the Freedom of Information Act and DFS regulations.
• Appears at administrative tribunals of courts;
• Develops initiatives to support the mission and goals of DFS;
• Performs other duties as assigned.

Minimum Qualifications

Minimum Qualifications

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.

Seniority level

Seniority level

Mid-Senior level

Employment type

Employment type

Full-time

Job function

Job function

Legal

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