Indicates whether if this vacancy posting is part of the NY HELPS Program.NY HELPNo

The agency in which the vacancy exists.AgencyFinancial Services, Department of

The job title for the vacancy.TitleDeputy Superintendent for Innovation Policy (Director Financial Services Programs 3, NS)

The job title for the vacancy.Occupational CategoryAdministrative or General Management

The salary grade for this vacancy. Salaries are determined by salary grade and bargaining unit.Salary GradeNS

The collective bargaining unit to which this vacancy is assigned.Bargaining UnitM/C - Managerial/Confidential (Unrepresented)

The minimum and maximum of the salary range for this vacancy.Salary RangeFrom $167754 to $207762 Annually

Indicates whether this job is full-time or part-time. If the job is part-time, an estimated percentage will be provided. Employment Type Full-Time

This indicates the type of job, typically permanent, temporary, or provisional. 'Provisional' means that the appointment will be temporary until the incumbent takes and passes an appropriate civil service examination. Appointment Type Permanent

Jurisdictional class is the indicator for how this job can be filled. The classified service is governed by the Civil Service Commission, and consists of competitive, non-competitive, exempt, and labor classes. 'Competitive class' indicates that the applicant must take and pass an appropriate civil service examination. 'Non-competitive class' indicates that the applicant's qualifications will be evaluated without a civil service examination. 'Exempt class' indicates that the applicant will be evaluated by methods other than competitive or non-competitive, and that incumbents will not be granted tenure. 'Labor class' requires that applicants possess skills or other physical characteristics that cannot effectively be evaluated by other means. The unclassified service is legislatively defined, and includes such positions as elected officials, department and agency heads, and all academic personnel in public schools, colleges, and universities. Jurisdictional Class Exempt Class

Estimates the percentage of time incumbents of this vacancy will be required to travel. Travel Percentage 25%

This provides information on the expected workweek. Workweek Mon-Fri

The number of hours in the workweek, typically 37.5 or 40 for full time, or any other number for part time.Hours Per Week 37.5

Workday

The start time for this vacancy. If the agency employs flextime, this will be the earliest time this vacancy's shift can start. From 8 AM

The end time for this vacancy. If the agency employs flextime, this will be the latest time this vacancy's shift can end. To 6 PM

If checked, the agency allows flextime. Flextime allowed? No

If checked, this vacancy includes mandatory overtime. Mandatory overtime? No

If checked, this agency allows compressed workweek scheduling. Compressed workweek allowed? No

If checked, this agency allows telecommuting for this position. Telecommuting allowed? Yes

The county in which the vacancy is located. County New York

The street address where the vacancy is located. Street Address One State Street

The city where the vacancy is located. City New York

The state where the vacancy is located (the default is New York). StateNY

The zip code where the vacancy is located. Zip Code10004

The duties that the incumbent of the vacancy will be expected to perform. 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 Deputy Superintendent for Innovation Policy in Innovation Policy. Duties include, but are not limited to, the following:

• Serves as the lead Innovation Policy subject matter expert for DFS;
• Manages the staff of the Innovation Policy Unit, including resource management, career growth, performance management, and hiring as needed;
• Oversees multiple policy projects at a given time, ensuring that the projects are well-staffed and correctly prioritized, that they advance in a timely way, and that they result in high-quality work product to achieve concrete results;
• Oversees qualitative and quantitative research to inform agency decision-making and influence internal and external stakeholders;
• Oversees external policy engagement programs, such as DFS Exchange, and manages stand-alone stakeholder events;
• Develops and leads effective relationships with other DFS divisions and builds the Department’s innovation policy agenda, based on the needs of those divisions and input from DFS Executive Leadership;
• Leads the development of training on key innovation policy topics for R&I and DFS staff;
• Represents DFS publicly on policy topics and the Department’s agenda;
• Develops and maintains relationships with financial regulators in other states, in the federal government, and in governments of other nations, to discuss policy issues of common interest and pursue suitable collaborations;
• Leads the Unit in supporting Department-wide innovation and policy-related functions through educational opportunities and capacity-building;
• Briefs others in DFS leadership, including the Executive Deputy and the Superintendent, on the status of particular policy projects or prospective projects;
• Works on projects and initiatives as requested by the Superintendent, Executive Deputy, and other executive staff; and
• Other duties as assigned.
• Travel may be required up to 25%

The minimum qualifications required for this vacancy. Minimum Qualifications Preferred Qualifications


• At least 10 years of relevant work experience, including 5 years in financial services and/or policy development.
• A master’s degree in public policy or business; a law degree; or a PhD in finance, economics, or other relevant discipline.
• Substantial experience in policy analysis, ideally concerning one or more areas of financial services.
• An interest in, and some knowledge of, developments in financial technology (“fintech”), insurance technology (“insurtech”), or both.
• A broad understanding of financial services and the regulatory structures affecting these services.
• A record of sustained, rigorous analysis of complex problems in business, finance and/or economics, and of expressing the results of such analysis in clear, persuasive written work product.


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 regarding the vacancy. Additional Comments Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $167,754 - $207,762 (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 $3,400 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.

Some positions may require additional credentials or a background check to verify your identity.

The name of the contact person for this vacancy. Name Kara Waters

The telephone number to use for questions about this vacancy. Telephone

The fax to use for this vacancy. Fax 518-402-5071

Email address for emailing applications, or to ask questions about this vacancy. Email Address NCE.Notifications@dfs.ny.gov

Address

The street address of the contact for this vacancy. Street One Commerce Plaza

Suite 301

The city for the contact for this vacancy. City Albany

The state of the contact for this vacancy (the default is New York). State NY

The zip code for the contact for this vacancy. Zip Code 12257

Instructions for potential applicants.Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than March 31, 2025 to the email address listed below. Please include Box# (Box DSIP-DFSP3-10113) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Please be advised that the New York State Department of Financial Services does not offer sponsorship for employment visas.

Kara Waters
Box DSIP-DFSP3-10113
New York State Department of Financial Services
Office of Human Resources Management
One Commerce Plaza, Suite 301
Albany, NY 12257
Email: NCE.Notifications@dfs.ny.gov
Fax: (518) 402-5071

All candidates that apply may not be scheduled for an interview.


Public Service Loan Forgiveness
Employment 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-service


AMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONS
Under 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.

All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.