Job Information
State of Connecticut, Department of Administrative Services Banking Assistant Division Director in Hartford, Connecticut
Banking Assistant Division Director
Hybrid
Recruitment # 241028-1137AR-001
Location Hartford, CT
Date Opened 11/5/2024 12:00:00 AM
Salary $115,466 - $157,448 annually
Job Type Open to the Public
Close Date 11/19/2024 11:59:00 PM
Go Back Apply View Benefits (https://www.jobapscloud.com/CT/jobs/?b=Benefits)
Introduction
The State of Connecticut (https://portal.ct.gov/) , Department of Banking (DOB (https://portal.ct.gov/DOB) ) is now accepting applications for an exciting Banking Assistant Division Director (https://www.jobapscloud.com/CT/specs/classspecdisplay.asp?ClassNumber=1137AR&R1=&R3=) opportunity in Hartford, CT!
WHAT WE OFFER
Visit our new State Employee Benefits Overview page!
The opportunity to work for a Forbes top company: 'Forbes' State of Connecticut Ranked One of the Best Employers of 2023 (https://portal.ct.gov/DAS/Press-Room/Press-Releases/2023/Forbes-State-of-CT-Ranked) - State of CT Receives National Recognition for Offering Job Growth, Competitive Benefits, and Flexible Schedule
Professional growth and development opportunitie s
A healthy work/life balance (https://www.youtube.com/watch?v=y6n9M1Qd5fo) to all employees
POSITION HIGHLIGHTS
Full time, 40 hours per week
Monday through Friday schedule
First shift hours
A hybrid schedule (combination of in-office and telework) will be available based on business needs, in accordance with the Telework Policy (https://portal.ct.gov/-/media/OPM/OLR/Notices/2021-TW-final-agreement-with-arbitrated-issue-included.pdf)
Location: 260 Constitution Plaza Hartford, CT
THE ROLE
The Banking Assistant Division Director 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.
ABOUT US
At the Dept. of Banking, our mission is to protect and improve the health and safety of the people of Connecticut by assuring the conditions in which people can be healthy; preventing disease, injury, and disability, and promoting the equal enjoyment of the highest attainable standard of health, which is a human right and a priority of the state.
Selection Plan
For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e. Executive, Legislative, Judicial) to the other.
To Apply:
In order to be considered for this job opening, you must meet the Minimum Qualifications as listed on this 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 (https://www.cga.ct.gov/2021/act/pa/pdf/2021PA-00069-R00SB-00056-PA.pdf) , 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 or shift.
In order to receive educational credits toward qualification for this job posting, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the recruiter listed on this job posting.
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 .
FOR ASSISTANCE IN APPLYING:
Please read or watch our Applicant Tips on How to Apply!
Important Information After You Apply:
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 questionnaire's expiration date. Please regularly check your email and JobAps Personal Status Board for notifications. Please check your SPAM and/or Junk folders on a daily basis in the event an email provider places auto-notification emails in a user's spam.
Although applicants will receive correspondence via email, as a backup they are also encouraged to sign on to their Personal Status Board on a daily basis to monitor their status, view all emailed notices and complete tasks required in the recruitment process.
Note: 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.
Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position.
The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class.
Read through this helpful link to prepare for your interview (https://www.jobapscloud.com/CT/jobs/?b=IT&preview=1) .
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. Should you have any questions pertaining to this recruitment, please contact Jasmyn.Raymond@ct.gov .
Follow the State of Connecticut on LinkedIn (https://www.linkedin.com/company/stateofconnecticut/mycompany/) .
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 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.;
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;
May participate in examinations or investigations of a high degree of sensitivity or impact;
Performs related duties as required.
KNOWLEDGE, SKILL AND ABILITY
Considerable knowledge of
and ability to apply management principles and techniques;
relevant state and federal laws, statutes and regulations;
business practices, including accounting and auditing, of international and domestic banks, trust companies, credit unions, mortgage companies, consumer lenders and other regulated entities;
procedures and techniques in regulating financial institutions;
staff training and education methods and techniques;
Considerable
interpersonal skills;
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.
NOTE: For state employees this experience is interpreted at the level of a 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 equalling one (1) 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 managing staff job expectations and performance.
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 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.
ACKNOWLEDGEMENT
As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes. As such, a job class is not meant to be all-inclusive of every task and/or responsibility.
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