Banking Department Manager

  • Connecticut Department of Banking
  • Hartford, Connecticut
  • Nov 07, 2017
Full Time Accounting and Finance Administration and Management Regulatory and Licensing Management
  • Salary: $86,813 Annually
  • Apply By: Dec 04, 2017


The Connecticut Department of Banking is the primary state regulator for state chartered banks and credit unions, securities, and consumer credit.  Its mission is to protect users of financial services from unlawful or improper practices by ensuring that regulated entities and individuals adhere to state banking and securities laws. 

The Banking Department Manager is accountable for managing the staff and operations of a major sub-unit or regulatory program; Our Financial Institutions Division is seeking a Banking Department Manager to assist their team with the regulation of domestic and international banks and credit unions.  For full posting visit

Job Description

Manages staff and operations unit; coordinates, prioritizes, plans and manages examinations, investigations, licensing, consumer services and/or other regulatory programs; formulates goals and objectives; develops or assists in development of related policy; develops and recommends operating procedures; coaches and guides for improvement; oversees the ongoing development of staff by ensuring that skills are continuously enhanced; evaluates staff; interprets and provides guidance to staff on pertinent banking laws and regulations; recommends new or revised legislation; assesses the ability and performance of management and the compliance and soundness of regulated entities; assesses compliance and identifies violations of law of regulated entities; maintains a comprehensive understanding of the regulatory process; coordinates investigations of dishonest or unethical business practices and other violations of law; facilitates resolutions of consumer complaints; proposes and negotiates stipulation agreements; prepares civil or criminal referrals outlining alleged violation of law; reviews and makes recommendations of comprehensive reports of examination, investigation, consumer complaint and related activity; recommends disciplinary action against regulated entities as appropriate; coordinates joint exams or investigations with federal regulators and/or international regulatory agencies; attends meetings and maintains communication with officials of regulated entities regarding regulatory program and issues; oversees the review of mergers, acquisitions, conversions, and the licensing and registration of regulated entities; assists in preparation of program budget; implements initial training programs for new employees consisting of on-the-job training and formal education; performs related duties as required.

Special Instructions

To view full posting and apply, look for Banking Department Manager Posting (Recruitment #171108-1143MP-001) at the link in the summary of this ad.

Please mention you found this employment opportunity on the job board.

Job Requirements

Knowledge, Skills and Abilities: Considerable knowledge of and ability to apply management and LEAN principles and techniques; considerable knowledge of relevant state and federal laws and regulations; considerable knowledge of regulatory and investigative procedures and techniques; considerable knowledge of international regulatory standards; considerable knowledge of principles and practices of accounting and auditing; knowledge of the organization and operation of financial institutions and other entities operating under the supervision of the Department of Banking; considerable oral and written communication skills; considerable supervisory ability.

Minimum Qualifications: (General Experience)

Nine (9) years of professional experience involving one or more of the following areas: regulation of financial institutions or other entities regulated by the Department of Banking; accounting, auditing or finance work in financial institutions regulated by the Department of Banking.

Minimum Qualifications: (Special Experience)

Two (2) years of the General Experience must have been in advanced working/lead capacity over professional staff. For State Employees, this is interpreted to be at or above the level of Associate Financial Examiner.

Minimum Qualifications - Substitutions Allowed:

1. College training may be substituted for the General Experience on the basis of fifteen (15)) semester hours equalling one-half year of experience to a maximum of four (4) years for a Bachelor's degree.
2. A Master's Degree in Business, Accounting, Finance or a closely related field may be substituted for one (1) additional year of the General Experience.

Preferred Qualifications:

Experience in LEAN (operational process improvement) principles and techniques; Experience implementing new processes.  Experience evaluating workflow and making recommendations for improvement. Experience in coaching, mentoring professional staff and holding team members accountable for meeting deadlines and producing high-quality work product.  Demonstrated ability to form productive working relationships with subordinates, peers and leadership.

Special Requirements: Incumbents in this class may be required to travel, including out of state overnight travel.