Acting comptroller searching for ‘senior advisor’

In a sign that the current acting comptroller of the currency may stay in that position for a bit longer, the Office of the Comptroller of the Currency (OCC) advertised Wednesday for a “senior advisor to the comptroller.”

The job posting – which the national bank regulator said opened on Feb. 15 and closes on March 1 – states that the position incumbent “will serve as an expert advisor and leader in performing a broad range of duties to include, developing and maintaining functions within the office of the Comptroller; addressing complex organizational initiatives and processes; and serving as an authoritative resource on OCC supervisory and operational matters.”

Michael J. Hsu has been serving as acting comptroller since May of last year. The Biden administration had nominated Saule Omarova to a full, five-year term as comptroller last fall, but she withdrew from consideration following a bruising confirmation hearing before the Senate Banking Committee (with the bruising coming from panel Republicans). The administration has yet to nominate a new candidate for a five-year term.

The position, according to the job announcement, pays between $166,293 to $284,900; no prior federal service is required.

Senior Advisor to the Comptroller, NB-0570-VII.2