STATE OF CONNECTICUT EXECUTIVE BRANCH JOBS

Banking Assistant Division Director

Hybrid

Recruitment #220728-1137AR-002

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Introduction

Connecticut Department of Banking

Are you a current CT Department of Banking employee looking to grow your career within the agency? 
Do you enjoying leading teams charged with performing accounting and auditing functions? 
If so, read below & apply today! 

The State of Connecticut, Department of Banking (DOB), is now accepting applications from qualified agency employees for an exciting Banking Assistant Division Director opportunity. This opportunity full-time, 40 hours/week, Monday-Friday located at 260 Constitution Plaza, Hartford, CT with hybrid telework schedules available. 

The Role: You will assist the Banking Director of Financial Institutions Division in administering the programs, activities, and operations of the Division. We are the primary state regulator for state-chartered banks and credit unions, securities, and consumer credit. Our mission is to protect users of financial services from unlawful or improper practices by ensuring regulated entities and individuals adhere to state banking, consumer credit and securities laws.  We accomplish this through regular, thorough, and cost-effective examinations of the entities it supervises. We also engage with the public and other stakeholders through a variety of media platforms, educational outreach initiatives, and press communications.

Discover the Opportunity to: 
  • Assist in directing staff and operations of division.
  • Coordinate, plan and manage examinations and related investigations of international and domestic banks, trust companies, credit unions, mortgage companies, consumer lenders and other regulated entities. 
  • Assist in formulating program goals and objectives. 
  • Develop or assist in development of related policy. 
  • With the assistance of legal staff, interpret and administer pertinent laws. 
  • Evaluate staff. 
  • Prepare or assist in preparation of division budget. 
  • Maintain contact with individuals both within and outside of division who might impact program activities. 
  • Recommend new or revised legislation and provide technical expertise in its drafting. 
  • Coordinate scheduling and allocation of field examination staff. 
  • Coordinate communications with field and in-house Examiners. 
  • Coordinate, evaluate and update a training program for field and in-house Examiners consisting of on-the-job training and formal education, including coordinating with federal regulatory education programs. 
  • Plan, oversee and evaluate examinations and monitoring of assigned institutions, including reviewing exam and monitoring reports. 
  • Assign investigations of applications for new charters, mergers, charter conversions, branches, etc.
  • May participate in examinations or investigations of a high degree of sensitivity or impact. 
  • Participate in termination and liquidation meetings. 
  • Advise the Director, Commissioner and General Counsel & Chief of Staff on policy issues relating to assigned areas. 
  • Represent the Department as needed at seminars, conferences, and industry and national group events. 
  • Act as Director as needed. 

Selection Plan

To Apply: 
  • In order to be considered for this job opening you must be a current State of CT employee of the agency listed above for at least six (6) months of full-time service or full-time equivalent service, absent any applicable collective bargaining language, and meet the Minimum Qualifications as listed on the job opening.  You must specify your qualifications on your application. 
  • The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified.
  • Ensure that your application is complete and detailed before submitting it. In order to comply with Public Act 21-69, the State of Connecticut is no longer asking for resumes during the initial application process. You will not be able to make revisions once your application is submitted into the JobAps system.
  • Please select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location.
  • All application materials must be received by the recruiting agency by the time specified on the job opening for the position for which you are applying. Late applications may not be submitted and will not be considered. Exceptions are rare and limited to documented events that incapacitate a candidate during the entire duration of the job posting time period.  It is the candidate’s obligation and responsibility to request an exception and provide a legally recognized justification to accommodate such exception. Requests should be made to DAS.SHRM@ct.gov.
After You Apply: 
  • Although applicants will receive correspondence via email, as a backup they are also encouraged to sign on to their Personal Status Board daily to monitor their status, view all emailed notices and complete tasks required in the recruitment process.
  • This posting may require completion of additional referral questions (RQs). You can access these RQs via an email that will be sent to you after the posting's closing date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). Your responses to these RQs must be submitted by the question's expiration date. Please regularly check your email and JobAps Personal Status Board for notifications. Please check your SPAM and/or Junk folders daily in the event an email provider places auto-notification emails in a user's spam. 
  • At any point during the recruitment process, applicants may be required to submit additional documentation which support their qualification(s) for this position. These documents may include: a cover letter, resume, performance reviews, attendance records, supervisory references, licensure, etc., at the discretion of the hiring agency. Applicants must meet the minimum qualifications as indicated to apply for this position. 
  • The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class. Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position. 
Connect With Us:
  • Due to the large volume of applications received, we are unable to provide confirmation of receipt or status during the recruitment process. Updates will be available through your JobAps portal account. 
  • If have any questions pertaining to this recruitment, please contact faith.macdonald@ct.gov. 

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Department of Banking, Financial Institutions or Consumer Credit Divisions, this class is accountable for assisting the Division Director in administering the programs, activities, and operation of the Division.

EXAMPLES OF DUTIES

Assists in directing staff and operations of division; coordinates, plans and manages examinations and related investigations of international and domestic banks, trust companies, credit unions, mortgage companies, consumer lenders and other regulated entities; assists in formulating program goals and objectives; develops or assists in development of related policy; interprets and administers pertinent laws; evaluates staff; prepares or assists in preparation of division budget; maintains contacts with individuals both within and outside of division who might impact on program activities; recommends new or revised legislation and provides technical expertise in its drafting; coordinates scheduling and allocation of field examination staff; coordinates communications with field and in-house Examiners; coordinates, evaluates and updates a training program for field and in-house Examiners consisting of on-the-job training and formal education, including coordinating with federal regulatory education programs; plans, oversees and evaluates examinations and monitoring of assigned institutions, including reviewing exam and monitoring reports; assigns investigations of applications for new charters, mergers, charter conversions, branches, etc.; may participate in examinations or investigations of a high degree of sensitivity or impact; participates in termination and liquidation meetings; advises the Director, Commissioner and Deputy Commissioner on policy issues relating to assigned areas; acts as Director as needed; performs related duties as required.

KNOWLEDGE, SKILL AND ABILITY

Considerable knowledge of and ability to apply management principles and techniques; considerable knowledge of relevant State and Federal laws, statutes and regulations; considerable knowledge of business practices, including accounting and auditing, of international and domestic banks, trust companies, credit unions, mortgage companies, consumer lenders and other regulated entities; considerable knowledge of procedures and techniques in regulating financial institutions; considerable knowledge of staff training and education methods and techniques; considerable interpersonal skills; considerable oral and written communication skills; considerable ability to evaluate and interpret trends, policies and financial statements.

MINIMUM QUALIFICATIONS - GENERAL EXPERIENCE

Nine (9) years of professional experience in the management or regulation of international or domestic banks, credit unions, trust companies, mortgage companies and/or consumer lenders.

MINIMUM QUALIFICATIONS - SPECIAL EXPERIENCE

One (1) year of the General Experience must have been in a lead capacity over professional staff. For State Employees this is interpreted at the level of Principal Financial Examiner.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

College training in accounting, finance or related field may be substituted for the General Experience on the basis of thirty (30) semester hours equaling one year of experience to a maximum of four (4) years for a Bachelor's degree. A Master's degree in business, accounting, finance or closely related field may be substituted for one (1) additional year of the General Experience. For State Employees one (1) year as a Principal Financial Examiner may be substituted for the General and Special Experience.

PREFERRED QUALIFICATIONS

  • Experience in managing, supervising, or leading staff, including setting job expectations and performance management. 
  • Experience with organizational development, change management and strategic planning. 
  • Experience collaborating with all levels of the organization and external industry stakeholders. 
  • Experience with accounting and financial management.
  • Experience in analyzing and interpreting financial data.
  • Experience with the organization and operations of Financial Institutions regulated by the Department of Banking. 
  • Experience assessing or auditing for compliance laws and regulations pertinent to the Financial Institutions that the Department of Banking regulates.

SPECIAL REQUIREMENTS

Incumbents in this class may be required to travel.

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER

The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.





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