Risk, Audit and Internal Controls Team Lead (Director Financial Services Programs 2, SG-33)

Minimum Qualifications Preferred Qualifications

• Must be effective as a leader and exhibit excellent management skills.
• Has excellent communication skills and must effectively articulate risks and opportunities to a broad range of stakeholders, management and regulatory agencies.
• Has a basic understanding of technology issues and tools used in the examination process in order to effectively evaluate risk, assess sufficiency of controls, identify process improvement opportunities.

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 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 . or a Master's Degree may substitute for one (1) year of specialized experience;

and a . 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 Risk, Audit and Internal Controls Team Lead, in Banking Management.

Reporting to the Deputy Superintendent for Bank Specialists. Duties include, but are not limited to, the following :

• Supervises the team of examiners responsible for monitoring our regulated entities’ risk, audit and internal controls objectives;
• Trains and mentors lead risk, audit, and internal controls examiners;
• Prepares comprehensive written reports and summaries communicating findings;
• Ensures key data, inventory, metrics, and reporting is established;
• Stays abreast of regulatory changes within the industry and acts as a subject-matter expert for advising and monitoring processes across Banking Division unit;
• Maintains knowledge and learning for best practices for teams to use in their review during the examination process;
• Directly engages with team leaders on issues that arise during examinations and provides consistent direction and guidance to team leads;
• Submits timely updates to senior management;
• Is responsible for talent-management functions in the newly constituted Internal Audit and Controls team, including : o Employment;
• o Overseeing staffing of Bank Division examinations; o Performance evaluations; o Staff development / training; o Disciplinary actions;

o Succession planning; and o Ensuring all staff comply with job requirements.

• Engages effectively and continuously with team leads on their responsibilities, to ensure clarity in the communication roles to their respective examiners;
• Supports the development and implementation of regular communication methods to keep employees informed of policy, procedural, and regulatory updates; and
• Other duties as assigned.
25 days ago