State of Connecticut Executive Branch

In the Department of Banking, Financial Institutions Division this class is accountable for administering the programs and operations of the division.

• Administers staff and operations of the division;
• Coordinates, plans and manages division activities to ensure safety and soundness of regulated entities;
• Formulates division goals, objectives, policies and procedures;
• Designs and develops division programs and activities;
• Interprets and administers statutes and regulations;
• Determines appropriate staffing levels;
• Prepares division budget;
• Maintains contacts with individuals within and outside of division who impact on division activities;
• Directs examination, monitoring and investigation of international and domestic banks, trust companies, credit unions and other regulated entities;
• Recommends revisions to legislation and provides technical expertise in its drafting;
• Oversees hiring, training, promotion, evaluation and discipline of staff;
• Coordinates examination program with federal regulators;
• Closely monitors examinations and investigations of a high degree of sensitivity or impact;
• Directs investigations of applications for new charters, mergers, charter conversions, branches, etc.;
• Monitors operations of institutions experiencing financial difficulty;
• Directs special investigations and coordinates with other regulatory agencies as needed;
• Reviews reports to identify performance and trends of regulated institutions;
• Conducts termination and liquidation meetings;
• Advises the Commissioner and Deputy Commissioner on policy issues relating to assigned areas;
• Leads the recruitment and hiring of staff, including outreach, interview and selection;
• Performs related duties as required.

• Considerable knowledge of 
• and ability to apply management principles and practices;
• relevant state and federal laws, statutes and regulations;
• business practices including accounting and auditing of international and domestic banks, trust companies, credit unions and other regulated entities;
• staff training and education methods and techniques;
• procedures and techniques in examining and regulating financial institutions;
• Considerable
• interpersonal skills;
• oral and written communication skills;
• Considerable ability to evaluate and interpret financial institution trends, policies and financial statements
• Ability to direct investigations.

Ten (10) years of professional experience in the management or regulation of international or domestic banks, credit unions and/or trust companies.

One (1) year of the General Experience must have been in a managerial capacity over a professional staff. For State Employees, this will be interpreted to be at or above the level of Banking Department Manager.

NOTE: For state employees this experience is interpreted at the level of a Banking Department Manager.