Assistant Deputy Commissioner - Bank & Credit Unions (Hybrid)

Virginia Jobs

$116K — $130K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in financial institution supervision
  • Strong leadership and people management skills
  • Thorough understanding of banking regulations and compliance
  • Excellent communication and interpersonal abilities
  • Experience in strategic planning and policy development
  • Proficient in drafting regulatory documents and reports
  • Ability to analyze complex regulatory and consumer issues

Responsibilities

  • Manage and supervise examination managers for banks and credit unions
  • Oversee scheduling of depository examinations to meet requirements
  • Recommend and implement policies based on laws and regulation changes
  • Provide technical support to senior departmental leadership
  • Participate in strategic and succession planning initiatives
  • Develop systems for monitoring staff performance and work output
  • Engage in rulemaking and legislative review processes

Benefits

  • Hybrid work schedule with telework options
  • Professional development and training opportunities
  • Access to a supportive and innovative work environment
  • Involvement in regulatory and policy-setting processes
  • Engagement in community-focused financial supervision initiatives
Full Job Description
Additional Detail

Assistant Deputy Commissioner - Bank & Credit Unions (Hybrid)

Starting Salary Range: $116,750 - $130,000

The State Corporation Commission's ("SCC" Bureau of Financial Institutions ("BFI") seeks a talented and experienced people leader for an Assistant Deputy Commissioner over its bank and credit union examination areas. Reporting to the Deputy Commissioner of Depository Financial Institutions, the selected candidate for this position will plan, organize, direct, and review the work of the bank and credit union supervisory areas.

Essential functions of this position include, but are not limited to, the following:
• Directly managing and supervising managers of examination
• Overseeing the scheduling of depository examinations to ensure statutory requirements are met
• Recommending and implementing policies and procedures based on new and existing statutes, regulations, administrative policies, and industry developments
• Providing recommendations and technical support to the Deputy Commissioner and Commissioner
• Attending meetings with or on behalf of the Deputy Commissioner or Commissioner
• Participating in strategic planning, succession planning, and the recruitment of new staff
• Developing and implementing systems and methods for monitoring work and performance of staff
• Participating in the rulemaking process; reviewing proposed legislation and providing input; and participating in the implementation of new laws and regulations
• Reviewing examination reports and responses to reports
• Drafting internal and external memos, letters, and emails
• Reviewing and assisting with difficult or elevated consumer complaints relating to depository institutions
• Corresponding and communicating with Bureau staff and state and federal agencies about regulatory requirements and other depository supervision matters
• Reviewing and approving the monthly reconciliation statements for the section's travel credit cards
• Traveling to financial institutions for meetings or for professional development, up to 15% of the time
• Performing related work as required

The Assistant Deputy Commissioner position offers a hybrid work schedule (some in-office and telework days each week) as well as a variety of professional development and training opportunities.

Please Note: SCC only accepts applications received through its career center site. Applications submitted through Virginia Jobs site directly will not be considered.
For more information and to apply for this position directly on the SCC Career Center website, click the Additional Detail button on this page.
To view all current SCC job openings, visit the SCC Career Center website and click the Search button under Job Search.

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