Top Retail Banking Product Executive jobs in Hartford, CT

Introduction

The�State of Connecticut, Department of Banking (DOB)�is accepting applications for the title of Banking Department Manager in Hartford, CT. WE CAN OFFER YOU A Competitive starting salary NEW:�A Platinum Healthcare Plan, the nation’s best for state employees and dependents, according to a report by Georgetown’s Center on Health Insurance Reform an article by Ellen Andrews, Ph.D., along with�comprehensive benefit offerings Extensive pension plan and supplemental retirement offerings Paid time off including 13 paid holidays per calendar year A culture that encourages�work/life balance Professional growth and development opportunities Ample free parking with easy access from major highways or by public transportation Tuition reimbursement Work for a Forbes top company:�State of Connecticut Ranked One of the Best Employers of 2023�- State of CT Receives National Recognition for Offering Job Growth, Competitive Benefits, and Flexible Schedule State of Connecticut is an eligible Public Service Loan Forgiveness employer, meaning you may be eligible to have qualifying student loans forgiven after 10 years of service.� Click�here�for more information. THE ROLE This role will be responsible for managing the day-to-day operations of examinations and applications for entities regulated by the Financial Institutions Division. The Banking Department Manager will:� Supervise staff including analysts and examiners. Review and approve examination reports including the most complex examinations when needed. Oversee the applications functions related to regulated entities. Assist with defining division goals and objectives. Assist with developing and implementing division policy and operating procedures to gain operational efficiencies. Oversee the ongoing development of staff by ensuring that skills are continuously enhanced. Coach and mentor new hires including delivery of division training programs. Evaluate staff including annual performance appraisals. Interpret and provide guidance to staff on pertinent banking laws and regulations. Recommend new or revised legislation. Maintain a comprehensive understanding of the regulatory process. Facilitate resolutions of consumer complaints. Recommend disciplinary action against regulated entities as appropriate. Coordinate joint exams or investigations with federal regulators and/or other states Attend meetings and maintain communication with federal and other state regulators. ABOUT US 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 regulated entities and individuals adhere to state banking, consumer credit and securities laws. The Department accomplishes this through regular, thorough, and cost-effective examinations of the entities it supervises. The Department also engages the public and other stakeholders through a variety of media platforms, educational outreach initiatives, and press communications. POSITION HIGHLIGHTS Permanent full-time position working 40 hours per week Monday through Friday schedule First shift hours Hybrid opportunity, combination of in office and remote work, in accordance with the�Telework Policy Centrally located at 260 Constitution Plaza in Hartford, with easy access to all major highway

Selection Plan

For current state employees, salary calculations are not necessarily comparable from one of the three branches of state government (i.e. Executive, Legislative, Judicial) to the other.� To Apply: In order to be considered for this job opening, you must meet the Minimum Qualifications as listed on this job opening. You must specify your qualifications on your application. The minimum experience and training requirements must be met by the close date on the job opening, unless otherwise specified. Ensure that your application is complete and detailed before submitting it. In order to comply with�Public Act 21-69, the State of Connecticut is no longer asking for resumes during the initial application process. You will not be able to make revisions once your application is submitted into the JobAps system. Please select all location(s) and shift(s) you are willing to work on your application. Failure to do so may result in not being considered for vacancies in that specific location or shift. In order to receive educational credits toward qualification for this job posting, the institution must be accredited. If the institution of higher learning is located outside of the U.S., you are responsible for providing documentation from a recognized USA accrediting service which specializes in determining foreign education equivalencies to the recruiter listed on this job posting. All application materials must be received by the recruiting agency by the time specified on the job opening for the position for which you are applying. Late applications may not be submitted and will not be considered. Exceptions are rare and limited to documented events that incapacitate a candidate during the entire duration of the job posting time period. It is the candidate’s obligation and responsibility to request an exception and provide a legally recognized justification to accommodate such exception. Requests should be made to�DAS.SHRM@ct.gov. FOR ASSISTANCE IN APPLYING: Please�read�or�watch�our�Applicant Tips on How to Apply! Important Information After You Apply: This posting may require completion of additional referral questions (RQs). You can access these RQs via an email that will be sent to you after the posting's closing date or by visiting your JobAps Personal Status Board (Certification Questionnaires section). Your responses to these RQs must be submitted by the questionnaire's expiration date. Please regularly check your email and JobAps Personal Status Board for notifications. Please check your SPAM and/or Junk folders on a daily basis in the event an email provider places auto-notification emails in a user's spam. Although applicants will receive correspondence via email, as a backup they are also encouraged to sign on to their Personal Status Board on a daily basis to monitor their status, view all emailed notices and complete tasks required in the recruitment process. Note: At any point during the recruitment process, applicants may be required to submit additional documentation which support their qualification(s) for this position. These documents may include: a cover letter, resume, performance reviews, attendance records, supervisory references, licensure, etc., at the discretion of the hiring agency. Interviews will be limited to candidates whose experience and training most closely meet the requirements of the position. The immediate vacancy is listed above, however, applications to this recruitment may be used for future vacancies in this job class. Read through this helpful link to�prepare for your interview. Connect With Us: Due to the large volume of applications received, we are unable to provide confirmation of receipt or status during the recruitment process. Updates will be available through your JobAps portal account. Should you have any questions pertaining to this recruitment, please contact�Jasmyn.Raymond@ct.gov.� Follow the State of Connecticut on�LinkedIn.

PURPOSE OF JOB CLASS (NATURE OF WORK)

In the Department of Banking this class is accountable for managing the staff and operations of a major sub-unit or regulatory program of a Division.

EXAMPLES OF DUTIES

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.

KNOWLEDGE, SKILL AND ABILITY

Considerable knowledge of and ability to apply management and LEAN principles and techniques; relevant state and federal laws and regulations; regulatory and investigative procedures and techniques; international regulatory standards; 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 interpersonal skills; 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. NOTE: For state employees this experience is interpreted at the level of an Associate Financial Examiner.

MINIMUM QUALIFICATIONS - SUBSTITUTIONS ALLOWED

College training may be substituted for the General Experience on the basis of fifteen (15) semester hours equalling one-half (1/2) year of experience to a maximum of four (4) years for a Bachelor's degree. 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 managing, supervising, or leading staff. Experience with the operations of Financial Institutions. Experience assessing or auditing for compliance with laws and regulations pertinent to the industries that the Department of Banking regulates including but not limited to Banks and Credit Unions. Experience communicating across all levels of an organization. Experience with Financial Institutions regulated by the Department of Banking including but not limited to: Banks and Credit Unions.

SPECIAL REQUIREMENTS

Incumbents in this class may be required to travel.

Conclusion

AN AFFIRMATIVE ACTION/EQUAL OPPORTUNITY EMPLOYER The State of Connecticut is an equal opportunity/affirmative action employer and strongly encourages the applications of women, minorities, and persons with disabilities.

ACKNOWLEDGEMENT

As defined by Sec. 5-196 of the Connecticut General Statutes, a job class is a position or group of positions that share general characteristics and are categorized under a single title for administrative purposes.� As such, a job class is not meant to be all-inclusive of every task and/or responsibility.