In the two years since Superintendent Adrienne A. Harris was confirmed by the Legislature, NYDFS has achieved record milestones for the people of New York. NYDFS has implemented 100 new amendments to the #insurance, #banking, and financial services laws; issued more than 60 pieces of guidance; and promulgated 31 new data-driven regulations. During this time, the Department has also secured $344.4 million in restitution for New York State consumers and health care providers. Under the direction of Superintendent Harris, the team at DFS has amended nation-leading #cybersecurity regulations, advanced policies to protect health insurance policyholders, create fairer check-cashing regulations, combat life insurance discrimination, strengthen virtual currency oversight, and address #climate risk in financial services. These milestones, among many more, are representative of DFS’s commitment to create a more equitable financial system for all New Yorkers. None of these accomplishments would be made possible without DFS’s dedicated staff, which is why the Superintendent is committed to attracting, retaining, and supporting expert talent. Since January 2022, the Department has hired and promoted more than 600 teammates. If you are interested in joining our team, click here: www.dfs.ny.gov/careers #careers #hiring
New York State Department of Financial Services
Financial Services
New York, New York 10,829 followers
Official LinkedIn account for the New York State Department of Financial Services.
About us
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.
- Website
-
https://www.dfs.ny.gov
External link for New York State Department of Financial Services
- Industry
- Financial Services
- Company size
- 501-1,000 employees
- Headquarters
- New York, New York
- Type
- Government Agency
- Founded
- 2011
Locations
-
Primary
One State Street
New York, New York 10004-1511, US
-
1 Commerce Plaza
Albany, New York 12210, US
Employees at New York State Department of Financial Services
Updates
-
DFS is recruiting for a new head of the Banking Division. The individual will oversee the team which supervises the activities of 1,332 banking and non-depository financial institutions with assets of $3.3 trillion. The Executive Deputy reports directly to the Superintendent, and is responsible for all legislative, regulatory and supervisory issues, as well as licensing and enforcement-related matters, pertaining to the operating units of the Banking Division. Join DFS as we create nation-leading regulation in the financial capital of the world. More here: www.dfs.ny.gov/careers
-
-
Looking for a meaningful career for an organization creating nation-leading regulation in the financial capital of the world? DFS is currently recruiting for positions across the Department, including the following leadership roles in Insurance and Banking: • Deputy Superintendent of Health • Deputy Superintendent for Life Insurance • Deputy Superintendent for Insurance • Deputy Superintendent for Bank Supervision • Deputy Superintendent for Nonbank Supervision Apply today or share these opportunities with your network: dfs.ny.gov/careers
-
-
DFS is hiring HR Specialists, IT Specialists, and Financial Services Specialists, including those with expertise in #virtualcurrency, compliance, #cybersecurity, and inclusion and innovation policy. Be a part of a dynamic team building an equitable, transparent, and resilient financial system that benefits individuals and supports businesses: www.dfs.ny.gov/careers
-
-
DFS is pleased to welcome Ken Coghill, Deputy Superintendent for Virtual Currency, and John Melican, Deputy Superintendent for Limited Purpose and Virtual Currency Trusts, who have been appointed to help lead the NYDFS Virtual Currency Division. Under the leadership of Superintendent Adrienne A. Harris, Ken, John, and the team are working to ensure an equitable and resilient financial services industry that benefits consumers and supports business. If you are interested in joining the Department, visit dfs.ny.gov/careers for a list of open positions.
-
-
During this global technology outage, the Department is monitoring institutions, market events, and collaborating closely with other state and federal regulators to protect consumers, ensure the health of the entities we regulate, and preserve the stability of the global financial system. DFS reminds all regulated entities to be vigilant at this time. Threat actors have been known to launch attacks during periods when IT and security staff are distracted, especially through social engineering. All DFS-regulated entities are encouraged to be on high alert for suspicious emails, calls, and in-person contacts purporting to be a vendor working on this issue. For further details, please see the U.S Department of Homeland Security’s Cybersecurity & Infrastructure Security Agency’s information on Avoiding Social Engineering and Phishing Attacks: https://lnkd.in/gnQ6jY6k
-
-
Due to heavy damage impacting homes and properties from flooding and severe weather, DFS personnel have been deployed to resource centers in #Rome and #Canastota to assist residents and business owners with insurance-related questions. Residents who are not able to visit the resource centers can get assistance with financial services questions, including insurance information regarding policy coverage for losses, by calling the DFS Disaster Hotline at 800-339-1759 daily from 8:30 a.m. to 4:30 p.m.
-
-
As DFS recognizes Good Care Month, we highlight insurance as an essential aspect of care. It's more than just a policy; it's your safety net for life's uncertainties. This month, take a moment to review your coverage needs. Investing in insurance is investing in your future. Take action today for a safer tomorrow. #GoodCareMonth www.dfs.ny.gov/consumers
-
-
DFS is hiring! Under Superintendent Adrienne A. Harris, the Department has hired or promoted more than 800 team members since January 2022, including 139 financial services examiners. Take the first step to #JoinDFS by visiting the Department’s website and learn about opportunities across the agency: www.dfs.ny.gov/careers
-
-
NEW: DFS Superintendent Harris Adopts Insurance Guidance to Combat Discrimination in Artificial Intelligence More here: https://on.ny.gov/4cSOYW8
-