NY HELPNo

AgencyFinancial Services, Department of

TitleExecutive Deputy Superintendent for Research & Innovation (Director Financial Services Programs 3, NS)

Occupational CategoryFinancial, Accounting, Auditing

Salary GradeNS

Bargaining UnitM/C - Managerial/Confidential (Unrepresented)

Salary RangeFrom $172787 to $213995 Annually

Employment Type Full-Time

Appointment Type Temporary

Jurisdictional Class Exempt Class

Travel Percentage 25%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 8 AM

To 6 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address One State Street

City New York City

StateNY

Zip Code10004

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 Executive Deputy Superintendent of Research and Innovation will work directly for the Superintendent of Department of Financial Services (DFS). The Executive Deputy Superintendent is responsible for leading the Research and Innovation Division, an office charged with helping the Department keep pace with the rapid innovation in all sectors of the financial services industry. The Division will lead the Department’s efforts in supervising entities in emerging areas where technology is transforming the delivery of financial services. The duties of this position will include, but not be limited to, the following:

• Reviews license and charter applications for new virtual currency entities;
• Supervises all virtual currency entities;
• Leads the development of policy in new areas of innovation oversight across the Department;
• Leads Department initiatives on financial inclusion and empowerment;
• Develops and proposes policy initiatives to clarify or update DFS oversight to keep pace with innovations across the financial services industry;
• Serves as a central resource for agile policy development across the Department;
• Serves as a central resource for data analytics and analytics best practices;
• Serves as a central resource for data governance best practices;
• Represents the Superintendent and DFS in meetings with industry officials, government agencies, and industry trade groups;
• Manages and supervises the staff and activities of the Research and Innovation Division;
• Provides leadership, guidance and decision making on critical strategic issues;
• Reviews laws, regulations, policies, and examination procedures of federal or other regulatory authorities which may affect institutions regulated by DFS;
• Represents DFS in speaking engagements to industry and trade groups; and
• Travel may be required.

Minimum Qualifications Preferred Qualifications

• At least ten years of experience working in the financial services industry;
• At least three years of managerial supervision;
• Demonstrated ability to manage human capital and other resources to support short and long-term priorities;
• Superior written and oral communication skills, and strong analytical skills; and
• Comfortable working in matrixed organizations or leading cross-divisional teams.


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 Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $172,787 - $213,995 (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 $4,000 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.

Name Kara Waters

Telephone

Fax (518) 402-5071

Email Address NCE.Notifications@dfs.ny.gov

Address

Street One Commerce Plaza

Suite 301

City Albany

State NY

Zip Code 12257

Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than December 16, 2025 to the email address listed below. Please include Box# (Box EDSRI-DFSP3-10118) 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 EDSRI-DFSP3-10118
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.