Financial Services Specialist 2 (Compliance), SG-23

The duties that the incumbent of the vacancy will be expected to perform. 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.The Department of Financial Services is seeking candidates for the position of Financial Services Specialist 2 (Compliance) in Community & Regional Banks, Review Team. Duties include, but are not limited to, the following: • Acts as a document editor for the banking supervision group in the review of examination reports, exam work papers, memorandums, and official communications;• Reviews examination reports for clarity, coherence, grammar, punctuation and style, ensuring it aligns with Department guidelines and standards;• Assesses examination reports’ description with compliance and applicable laws and regulations;• Enhances the overall readability and flow of examination reports, including by restructuring sentences, refining tone, and improving word choice;• Verifies the accuracy of financial figures, facts, statistics, and references used in examination reports to ensure credibility and correctness;• Ensures all examination reports follow designated style guides for consistency in formatting, tone and citations;• Works closely with examiners to enhance the clarity and impact of examination reports and memorandums;• Provides constructive feedback to examiners on their original written submissions;• Assists in brainstorming and shaping ideas to strengthen the impact and effectiveness of written products;• Conducts final reviews of written products before they are submitted, ensuring they are ready for completion;• Meets tight deadlines, prioritize and track multiple projects while maintaining high quality standards;• Guides junior writers and editors by shaping best practices and fostering a culture of continuous improvement in writing quality; and• Other duties as assigned.

The minimum qualifications required for this vacancy. Minimum Qualifications Appointment method: Candidates must meet the minimum qualifications listed below in order to be eligible for appointmentNon-Competitive: A Bachelor’s Degree in Accounting, Actuarial Science, Auditing, Business, Business Administration, Business and Technology, Commerce, Consumer Sciences, Computer Science, Criminal Justice, Economics, Econometrics, Finance, Information Systems, Information System Engineering, Internal Controls, Health, Health Administration, Law, Mathematics, Public Administration, Public Affairs, Public Health, or Public Policy and three (3) years of specialized experience in one (1) of the following: • Evaluating the adequacy of board and management oversight of the financial institutions' compliance programs.• Reviewing lending, deposit, insurance and other transactions to determine compliance with Financial Service’s applicable laws/regulations.• Identifying financial institutions' potentially unfair, deceptive, abusive or discriminatory acts or practices.• Reviewing financial institution programs, policies and procedures for compliance with legal and regulatory requirements.• Evaluating financial costs for the failure of financial services entities to adhere or comply with New York State, federal, or other states financial services laws.A Master’s Degree in one (1) of the related fields or a J.D. may substitute for one (1) year of specialized experience. A Ph.D. in one (1) of the related fields may substitute for two (2) years of specialized experience.

Additional comments regarding the vacancy. Additional Comments Please note that a change in negotiating unit may affect your salary, insurance and other benefits.Salary: The starting salary for this position is $86,681 with periodic increases up to $109,650Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $4,000 annual downstate adjustment.Appointment Status: Contingent PermanentAppointment to this position is pending Governor Appointment’s Office and Division of Budget approval.

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Salary : $4,000