An advisory panel is meeting to consider whether Deputy Mayor Dennis Walcott should receive a waiver to serve as New York City schools chancellor.

The nine-member panel of educators will meet Wednesday afternoon in Albany.

Mayor Michael Bloomberg appointed Walcott chancellor on April 7 after accepting the resignation of Cathie Black.

Walcott needs a waiver from the state Department of Education because he does not have a superintendent’s certificate. But he has been a teacher and he holds master’s degrees in education and social work, so it is expected that the waiver will be granted easily.

The advisory panel that met in November recommended against a waiver for Black. Education Commissioner David Steiner agreed to grant the waiver on the condition that Bloomberg appoint a seasoned educator as second-in-command.