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Climate Policy Analyst (Financial Services Specialist 1 (Policy Analysis), SG-18)

New York State Department of Financial Services
New York, NY Full Time
POSTED ON 2/21/2025
AVAILABLE BEFORE 3/28/2025
Description

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.

Duties

The Department of Financial Services is seeking candidates for the position of Climate Policy Analysis in the Climate Division. Duties include, but are not limited to, the following:

  • Assists in data analysis of the responses to a Request for Information from regulated banking and mortgage entities and preparation of related report;
  • Provides support for DFS’s participation in climate modeling and mapping projects;
  • Assists in research and development of policy initiatives relating to climate resiliency of regulated financial institutions and communities;
  • Works across the Banking, Insurance, Research and Innovation, Consumer Protection and Financial Enforcement Divisions and the Office of General Counsel to assist in the development and administration of climate-related initiatives;
  • Engages with DFS-regulated institutions and monitors their progress on managing climate-related financial risks;
  • Participates in developing and administering programs to support DFS-regulated institutions as they assess and manage climate-related financial risks;
  • Provides support and training to internal staff on climate-related financial supervision;
  • Participates in and contributes to relevant national and international networks and coordination with other state and federal regulators;
  • Develops policy recommendations regarding additional and future directions DFS could pursue regarding climate-related financial supervision;
  • Researches and reports on trends in climate-related supervision, sustainable finance, climate resilience, and updating stakeholders and agency management on a periodic basis; and
  • Other duties as assigned.

Preferred Qualifications

Minimum Qualifications

Experience in a financial services institution, financial services regulatory agency, public accounting, or consulting firm.

Appointment Method

Candidates must meet the minimum qualifications listed below in order to be eligible for appointment.

Non-Competitive

A Bachelor’s Degree in Business, Business Administration, Economics, Econometrics, Finance, Health, Health Administration, Health Policy, Law, Mathematics, Political Science, Public Administration, Public Health, Public Policy, Risk Management or Statistics and two (2) years of specialized experience in one or more of the following:

  • Research, planning, administration, and/or analysis of the policies and procedures affecting regulated entities and how they conduct business activities with the public and/or other regulated entities.
  • Research and analysis of State and federal statutes and regulations and their effects upon the business activities of financial services entities with regard to the public and/or other financial services entities.

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

Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

Salary: The starting salary for this position is $65,001 with periodic increases up to $82,656

Positions located within the New York City metropolitan area, as well as Suffolk, Nassau, Rockland, and Westchester Counties, are also eligible to receive an additional $3,400 annual downstate adjustment.

Appointment Status: Permanent

Salary : $65,001 - $82,656

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