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Review Vacancy

Date Posted 05/17/22

Applications Due06/17/22

Vacancy ID105018

AgencyFinancial Services, Department of

TitleChief Technology Officer

Occupational CategoryI.T. Engineering, Sciences

Salary GradeNS

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $151984 to $188231 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Exempt Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5


From 8 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? Yes

Telecommuting allowed? Yes

County Albany

Street Address One State Street

City New York


Zip Code10004

Minimum Qualifications 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.

Duties Description The New York Department of Financial Services seeks to build an equitable, more transparent and resilient financial system that benefits New Yorkers and supports business. Through engagement, data-driven regulation, and operational excellence, DFS is responsible for empowering consumers and protecting them from financial harm; ensuring the health and stability of the financial entities we regulate; and driving economic growth through responsible innovation.

The Department of Financial Services (DFS) is seeking a proven leader to align technology systems with the Department’s forward-looking strategic agenda. This role will help to lead an initiative to develop innovative approaches to regulation. This initiative will strive for continuous improvement in the following ways:

• Leveraging data and technology to license, regulate and supervise financial services, protect consumers, and enforce the law;
• Collaborating with market participants, consumer advocates, civil rights organizations, and other community stakeholders to promote an inclusive and sustainable financial system;
• Continuously invest in our personnel and systems to achieve this.

The Chief Technology Officer will work in close partnership with the Information Technology and Cybersecurity Divisions to develop strategic approaches, safeguard the organization's assets, and promote adoption and utilization of technology by its workforce.

Duties include, but are not limited to:

• Serves as principal technology advisor to the Superintendent of Financial Services, with emphasis on the Department’s own use of technology as well as trends and developments in the regulated marketplace;
• Provides technical expertise and leadership to align the delivery and utilization of technology
• with the Department’s strategic goals and priorities;
• Facilitates technology change initiatives from concept to execution;
• Participates in strategic and operational governance as a member of the Department’s senior management;
• Presides or represents the Department in meetings and conferences with industry stakeholders and other government agencies;
• Develops and monitors key performance indicators related to technology change;
• Develops and presents reports on technology status, goals, and progress to the Superintendent; and
• Other duties as assigned.

Preferred Qualifications:

• At least ten years of experience in technology for the financial services industry, financial regulatory agencies or other government institutions;
• At least five years of managerial supervision, including overseeing a multi-level organization;
• At least two years of experience in developing strategy for and/or leading implementation of digital transformation; and
• Proven success in change management.

Additional Comments 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 $3,026 annual downstate adjustment.

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 Thomas Hurd


Fax (518) 402-5071

Email 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 June 17, 2022 to the email address listed below. Please include the Box # [Box DFSP3-CTO-10147] in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Thomas Hurd
Box [DFSP3-CTO-10147]
New York State Department of Financial Services
Office of Human Resources Management
One Commerce Plaza, Suite 301
Albany, NY 12257
Fax: (518) 402-5071

All candidates that apply may not be scheduled for an interview

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.

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