Published on

May 18, 2024

Published on

May 18, 2024

Published on

May 18, 2024

Published on

May 18, 2024

Director, Financial Services Frauds Bureau

Director, Financial Services Frauds Bureau

Director, Financial Services Frauds Bureau

Director, Financial Services Frauds Bureau

Full-time

/

New York, United States

/

On-site

Full-time

/

New York, United States

/

On-site

Full-time

/

New York, United States

/

On-site

Full-time

/

New York, United States

/

On-site

About the job

Preferred Qualifications

Minimum Qualifications

Preferred Requirements

This will be an exempt appointment. The incumbent will be designated as a peace officer and must be a United States citizen, reside in New York State and maintain New York State residency during employment, as well as meet all other requirements related to peace officer status. The preferred candidate will have a minimum of fifteen years of experience in law enforcement leading to criminal prosecution with at least seven years of senior level management experience and six years of extensive hands-on experience in the conduct and/or direction of complex no-fault insurance fraud investigations and related expert knowledge of no-fault insurance laws and regulations. Experience should also include:

Proficient management of undercover operations and utilization of electronic surveillance equipment, skill in providing expert testimony and successful working relationships with various District Attorney’s offices. Strong leadership and communication skills, the ability to plan and execute strategic initiatives and an ability to evaluate policies for effectiveness. The evaluation of policies for effectiveness, the design and promotion of data collection and creation and/or modification of policies based upon data analysis. The establishment of ongoing staff training and development programs for law enforcement or investigative operations.

Appointment Method

This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority.

Duties Description

The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its employees are responsible for empowering consumers and protecting them from financial harm; ensuring the health of the entities we regulate; driving economic growth in New York through responsible innovation; and preserving the stability of the global financial system.

Duties

The Department of Financial Services is seeking candidates for the position of Director, Financial Services Frauds Bureau in the Frauds Bureau. Duties include, but are not limited to, the following:

Plans and oversees all operations of the Bureau, including the planning, organization and implementation of procedures and practices followed by all Frauds Investigators; Establishes policies and regulations; Devises and approves standards and methods for the selection of cases, and reviews and revises standards as conditions warrant; Meets with industry officials and others to establish confidential agreements for receipt of sensitive information on suspected insurance fraud; Oversees regulatory, administrative and personnel activities for the bureau; Meets with prosecutorial officials on the status of cases referred for prosecution; Reviews, analyzes and comments on changes in rules, laws and regulations related to fraud; and Other duties as assigned.

Additional Comments

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $152,191 – $191,427 (salary commensurate with experience)

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.

Appointment Status: This is an appointment to a position in the exempt jurisdictional class.

Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval.

About the job

Preferred Qualifications

Minimum Qualifications

Preferred Requirements

This will be an exempt appointment. The incumbent will be designated as a peace officer and must be a United States citizen, reside in New York State and maintain New York State residency during employment, as well as meet all other requirements related to peace officer status. The preferred candidate will have a minimum of fifteen years of experience in law enforcement leading to criminal prosecution with at least seven years of senior level management experience and six years of extensive hands-on experience in the conduct and/or direction of complex no-fault insurance fraud investigations and related expert knowledge of no-fault insurance laws and regulations. Experience should also include:

Proficient management of undercover operations and utilization of electronic surveillance equipment, skill in providing expert testimony and successful working relationships with various District Attorney’s offices. Strong leadership and communication skills, the ability to plan and execute strategic initiatives and an ability to evaluate policies for effectiveness. The evaluation of policies for effectiveness, the design and promotion of data collection and creation and/or modification of policies based upon data analysis. The establishment of ongoing staff training and development programs for law enforcement or investigative operations.

Appointment Method

This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority.

Duties Description

The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its employees are responsible for empowering consumers and protecting them from financial harm; ensuring the health of the entities we regulate; driving economic growth in New York through responsible innovation; and preserving the stability of the global financial system.

Duties

The Department of Financial Services is seeking candidates for the position of Director, Financial Services Frauds Bureau in the Frauds Bureau. Duties include, but are not limited to, the following:

Plans and oversees all operations of the Bureau, including the planning, organization and implementation of procedures and practices followed by all Frauds Investigators; Establishes policies and regulations; Devises and approves standards and methods for the selection of cases, and reviews and revises standards as conditions warrant; Meets with industry officials and others to establish confidential agreements for receipt of sensitive information on suspected insurance fraud; Oversees regulatory, administrative and personnel activities for the bureau; Meets with prosecutorial officials on the status of cases referred for prosecution; Reviews, analyzes and comments on changes in rules, laws and regulations related to fraud; and Other duties as assigned.

Additional Comments

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $152,191 – $191,427 (salary commensurate with experience)

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.

Appointment Status: This is an appointment to a position in the exempt jurisdictional class.

Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval.

About the job

Preferred Qualifications

Minimum Qualifications

Preferred Requirements

This will be an exempt appointment. The incumbent will be designated as a peace officer and must be a United States citizen, reside in New York State and maintain New York State residency during employment, as well as meet all other requirements related to peace officer status. The preferred candidate will have a minimum of fifteen years of experience in law enforcement leading to criminal prosecution with at least seven years of senior level management experience and six years of extensive hands-on experience in the conduct and/or direction of complex no-fault insurance fraud investigations and related expert knowledge of no-fault insurance laws and regulations. Experience should also include:

Proficient management of undercover operations and utilization of electronic surveillance equipment, skill in providing expert testimony and successful working relationships with various District Attorney’s offices. Strong leadership and communication skills, the ability to plan and execute strategic initiatives and an ability to evaluate policies for effectiveness. The evaluation of policies for effectiveness, the design and promotion of data collection and creation and/or modification of policies based upon data analysis. The establishment of ongoing staff training and development programs for law enforcement or investigative operations.

Appointment Method

This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority.

Duties Description

The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its employees are responsible for empowering consumers and protecting them from financial harm; ensuring the health of the entities we regulate; driving economic growth in New York through responsible innovation; and preserving the stability of the global financial system.

Duties

The Department of Financial Services is seeking candidates for the position of Director, Financial Services Frauds Bureau in the Frauds Bureau. Duties include, but are not limited to, the following:

Plans and oversees all operations of the Bureau, including the planning, organization and implementation of procedures and practices followed by all Frauds Investigators; Establishes policies and regulations; Devises and approves standards and methods for the selection of cases, and reviews and revises standards as conditions warrant; Meets with industry officials and others to establish confidential agreements for receipt of sensitive information on suspected insurance fraud; Oversees regulatory, administrative and personnel activities for the bureau; Meets with prosecutorial officials on the status of cases referred for prosecution; Reviews, analyzes and comments on changes in rules, laws and regulations related to fraud; and Other duties as assigned.

Additional Comments

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $152,191 – $191,427 (salary commensurate with experience)

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.

Appointment Status: This is an appointment to a position in the exempt jurisdictional class.

Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval.

About the job

Preferred Qualifications

Minimum Qualifications

Preferred Requirements

This will be an exempt appointment. The incumbent will be designated as a peace officer and must be a United States citizen, reside in New York State and maintain New York State residency during employment, as well as meet all other requirements related to peace officer status. The preferred candidate will have a minimum of fifteen years of experience in law enforcement leading to criminal prosecution with at least seven years of senior level management experience and six years of extensive hands-on experience in the conduct and/or direction of complex no-fault insurance fraud investigations and related expert knowledge of no-fault insurance laws and regulations. Experience should also include:

Proficient management of undercover operations and utilization of electronic surveillance equipment, skill in providing expert testimony and successful working relationships with various District Attorney’s offices. Strong leadership and communication skills, the ability to plan and execute strategic initiatives and an ability to evaluate policies for effectiveness. The evaluation of policies for effectiveness, the design and promotion of data collection and creation and/or modification of policies based upon data analysis. The establishment of ongoing staff training and development programs for law enforcement or investigative operations.

Appointment Method

This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority.

Duties Description

The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports business. Through engagement, data-driven regulation and policy, and operational excellence, the Department and its employees are responsible for empowering consumers and protecting them from financial harm; ensuring the health of the entities we regulate; driving economic growth in New York through responsible innovation; and preserving the stability of the global financial system.

Duties

The Department of Financial Services is seeking candidates for the position of Director, Financial Services Frauds Bureau in the Frauds Bureau. Duties include, but are not limited to, the following:

Plans and oversees all operations of the Bureau, including the planning, organization and implementation of procedures and practices followed by all Frauds Investigators; Establishes policies and regulations; Devises and approves standards and methods for the selection of cases, and reviews and revises standards as conditions warrant; Meets with industry officials and others to establish confidential agreements for receipt of sensitive information on suspected insurance fraud; Oversees regulatory, administrative and personnel activities for the bureau; Meets with prosecutorial officials on the status of cases referred for prosecution; Reviews, analyzes and comments on changes in rules, laws and regulations related to fraud; and Other duties as assigned.

Additional Comments

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: $152,191 – $191,427 (salary commensurate with experience)

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.

Appointment Status: This is an appointment to a position in the exempt jurisdictional class.

Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval.

New York State Department of Financial Services

New York, United States

Visit Company Website

New York State Department of Financial Services

New York, United States

Visit Company Website

New York State Department of Financial Services

New York, United States

Visit Company Website

New York State Department of Financial Services

New York, United States

Visit Company Website

About Company

The Department of Financial Services supervises and regulates the activities of approximately 1,500 banking and other financial institutions with assets totaling more than $2.6 trillion and more than 1,400 insurance companies with assets of more than $4.7 trillion. They include more than 130 life insurance companies, 1,300 property/casualty insurance companies, about 100 health insurers and managed care organizations, and 300,000 individual insurance licensees, 122 state-chartered banks, 80 foreign branches, 10 foreign agencies, 14 credit unions, 13 credit rating agencies, nearly 400 licensed financial services companies, and more than 9,600 mortgage loan originators and servicers.

Total Employees

488

Company 2-Year Growth

0%

Median Employee Tenure

4.8 years

Because no one goes to school
for fighting fraud.