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New York State Department of Financial Services · 16 hours ago

Deputy Superintendent for Buy-Now-Pay-Later Lending (Deputy Superintendent, NS)

New York, NY

Full-time

Onsite

Director/Executive

$173K/yr - $214K/yr

10+ years exp

The New York State Department of Financial Services is seeking a Deputy Superintendent for Buy-Now-Pay-Later Lending to oversee the licensing, supervision, and examination of entities engaged in BNPL lending. This role involves advising senior leadership, leading policy development, and managing a team of examiners.

Financial ServicesGovernmentNon Profit

Work & Life Balance

Responsibilities

Briefs and advises the Superintendent, Executive Deputy Superintendent for Banking, Senior Deputy Superintendent and Deputy Superintendent for Nonbank Supervision, as appropriate, on a wide range of supervisory, regulatory, legislative, policy, enforcement and other matters related to BNPL lending

Leads policy development and implementation for BNPL lending

Manages a team of examiners who work on the licensing, supervision and examination of entities engaged in BNPL lending, including by assisting with the development and oversight of application- and examination-related policies and procedures

Works closely with staff in other Divisions of DFS as appropriate on matters relating to regulated entities engaged in BNPL lending

Supervises other consumer lending industries, as necessary and appropriate

Travel may be required up to 10%

Qualification

Consumer lending knowledgeManagerial supervisionRegulatory complianceProgram implementationPolicy developmentTeam coordinationGuidance draftingTraining material development

Preferred

A bachelors degree, law degree, and at least 10 years of relevant work experience including 5 years in the financial services industry

At least 5 years of managerial supervision with a demonstrated ability to supervise large teams

Demonstrated knowledge of consumer lending and payments risks and regulations, such as Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, state-level consumer lending statutes, and data privacy requirements

Experience designing or implementing programs, including by defining processes and metrics, coordinating across teams, and developing guidance and training materials

Experience drafting and interpreting guidance, advisories, or regulations related to consumer lending