Director of Court Assets

Job Description

The Treasury and Payment Services Division of the NYC Department of Finance (DOF) oversees various payment and asset management functions. The Treasury Division manages City cash flows exceeding $135 billion annually, including payroll and vendor payments, and maintains relationships with banks and courts.

Responsibilities

• Direct and oversee all operations related to the administration, accounting, safeguarding, investment, and disbursement of Court Assets, including Trust, Bail, and other court-controlled funds totaling approximately $250-$300 million annually.
• Manage daily financial operations, review and approve reconciliations, ensuring compliance with internal controls, oversee the annual Abandonment process where unclaimed funds are escheated, coordinate and respond to NYS audits as well as certifying NYC Comptroller’s reports.
• Manage and supervise professional and support staff responsible for Court Asset operations, establishing performance standards, internal controls, and operational procedures.
• Responsible for records retention and maintenance for Court Assets, including the secure management of archived Court Asset records and coordination of retrieval requests related to legal proceedings, audit, and Freedom of Information Law (FOIL) request.
• Ensure the accurate receipt, deposit, reconciliation, investment, and release of funds, are in accordance with court orders, applicable laws, regulations, and DOF policies.
• Provide fiduciary oversight for all Court Asset accounts and maintain accountability for the integrity, security, and proper stewardship of public funds.
• Review, approve, and certify complex financial reconciliations, accounting records, disbursements, and reports to ensure accuracy and regulatory compliance.
• Direct the annual abandoned property and escheatment process, ensuring unclaimed funds are transferred in accordance with New York State requirements.
• Develop, implement, and monitor internal controls, risk mitigation strategies, and operational procedures to protect assets and maintain compliance with auditing standards.
• Serve as the agency’s primary point of contact for Court Asset matters involving the New York State Unified Court System, Department of Corrections, Comptroller’s Office, Law Department, external auditors, and regulatory agencies.
• Serve as the primary liaison with the Courts, Department of Corrections, external Legal Firms, Law Department, Community organizations, the plaintiffs and the defendants and their families.
• Cook up and respond to audits, investigations, legal inquiries, and compliance reviews conducted by federal, state, and city oversight entities.
• Monitor changes in legislation, court procedures, and financial regulations and recommend policy, procedural, or operational enhancements to maintain compliance and improve efficiency.
• Ensure compliance with all applicable accounting principles, court mandates, fiduciary standards, records management requirements, and Department of Finance policies.
• Fiduciary responsibility for checks disbursed from the DOF customer service windows.

Additional Information

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire.

This position may be eligible for remote work up to 2 days per week, pursuant to the Remote Work Pilot Program agreed between the City and the Collective Bargaining Unit representing employees serving in the civil service title.

EXAMINER OF ACCOUNTS - 95312
Public Service Loan Forgiveness
As a prospective employee of the City of New York, you may be eligible for federal loan forgiveness programs and state repayment assistance programs. For more information, please visit the U.S. Department of Education’s website at https://studentaid.gov/pslf/.

Residency Requirement
New York City residency is generally required within 90 days of appointment. However, City Employees in certain titles who have worked for the City for 2 continuous years may also be eligible to reside in Nassau, Suffolk, Putnam, Westchester, Rockland, or Orange County. To determine if the residency requirement applies to you, please discuss with the agency representative at the time of interview.

Additional Information
The City of New York is an inclusive equal opportunity employer committed to recruiting and retaining a diverse workforce and providing a work environment that is free from discrimination and harassment based upon any legally protected status or protected characteristic, including but not limited to an individual's sex, race, color, ethnicity, national origin, age, religion, disability, sexual orientation, veteran status, gender identity, or pregnancy.

Job ID
784239

Posted until
2026-08-01

Title code
95312

Civil service title
EXAMINER OF ACCOUNTS

Title classification
Exempt-4

Business title
Director of Court Assets

Job level
00

Number of positions
1

Work location
66 John Street, New York, Ny