As the Director for Financial Technology, you will serve as an expert advisor to the Deputy Comptroller and Chief Financial Technology Officer, on all new and emerging financial technology (fintech) products and services, and other matters regarding fintech policy and the OCC Responsible Innovation Framework. This position is located in Bank Supervision Policy / Office of Finanancial Technology. Although Washington, DC is the preferred location, Alternate Location will be considered.

Duties

As a Director for Financial Technology, you will: Serve as a central point of contact for all regulated entities on fintech related risks, and emerging financial technology matters and lead the OFT team activities for banks and fintech firms to interact with the OCC regarding those areas outside of the OCC direct supervision capacity. Serve as an expert advisor to the Deputy Comptroller (DC) and Chief Financial Technology Officer (CFTO), other Deputy Comptrollers, and the SDC for BSP, as well as provide expert advice and briefing for the Comptroller and the Executive Committee as appropriate on all matters regarding new and emerging financial technology within the banking and financial services industry. Under the leadership of the CFTO, implement the OCC's Responsible Innovation Framework, by directing Office of Financial Technology (OFT) staff on its key components including outreach and technical assistance, awareness and training, coordination and facilitation, and research and interagency collaboration. Identifies and leverages existing programs, structures, and processes to ensure that fintech initiatives efficiently integrate with and complement established OCC operations. Manage the development of OCC policy materials related to emerging products, services, processes, and technology within the OCC's supervised financial entities, including nonbanks, and banks' fintech partners. Continually evaluate the implications of innovative developments within the financial industry against the expertise of the OCC staff responsible for bank supervision and support initiatives to expand the examiner skill set related to financial system innovation and technologies, (such as distributed ledger technology and model risk management), alternative recruitment efforts (e.g., targeting non-traditional skills such as advanced information technology, cybersecurity, and mathematical modeling), and expanded rotational assignments. Lead, motivate, and develop the OFT staff and determine resource needs and obtain appropriate/necessary approvals to meet resource requirements and ensure understanding of OCC goals, initiatives, and programs by all employees.

Requirements

Qualifications

You must meet the following requirements within 30 calendar days after the closing date of this announcement: You must have one year of specialized experience at a level of difficulty and responsibility equivalent to the NB-VI or GS-14 grade level. Examples of specialized experience for this position include: Experience leading projects or initiatives for the development of financial technology-related regulations or guidance in the banking, financial services, bank or financial service regulatory or related sectors (such as cloud computing, artificial intelligence, and/or financial technology service provider for financial institutions), for purposes of identifying financial institution related risks and opportunities related to such technology; OR Assessing or supporting financial technology related objectives, such as the safety and soundness of financial institutions' use of financial technology; supporting regulatory compliance, economic inclusion or consumer protection through the use of financial technology; or supporting the technology-enabled availability of innovative and responsible financial products and services. In addition to the above, you must also possess the following specialized experience: Experience collaborating with internal and external stakeholders (such as bankers, financial services or financial technology professionals, financial regulators or internal colleagues engaged in financial technology related products or services) to provide counsel, insight, or advice regarding emerging trends in the financial services or in the technology industry related to financial services. The experience may have been gained in the public sector, private sector, or through volunteer service. One year of experience refers to full-time work; part-time work is considered on a prorated basis. To receive any credit for your work experience, please indicate dates of employment by month/year, and indicate the number of hours worked per week, on your resume.

Education

Education cannot be used to qualify for this position.

Contacts

• Address Bank Supervision Policy/Office of Financial Technology 400 7th Street SW Washington, DC 20219 US
• Name: Sam Reddy
• Phone: 202-649-5264
• Email: [email protected]