What are the responsibilities and job description for the Senior Strategy Specialist, (Financial Services Specialist 2(Policy Analysis), SG-23) position at New York State Department of Financial Services?
Description
Duties Description
The New York State Department of Financial Services seeks to build an equitable, more transparent and resilient financial system that benefits New Yorkers and supports business. Through engagement, data-driven regulation, and operational excellence, DFS is responsible for empowering consumers and protecting them from financial harm; ensuring the health and stability of the financial entities we regulate; and driving economic growth through responsible innovation.
The Department of Financial Services is seeking candidates for the position of Senior Strategy Specialist, SG-23, in the Strategy Unit within the Research & Innovation Division. The Senior Strategy Specialist serves as a specialist and project manager for fintech, virtual currency, and related legislative engagement and policy development. The successful candidate must be available to travel within and outside of New York State.
Duties will include, but not be limited to, some or all of the following:
Minimum Qualifications
Experience Analyzing Fintech, Virtual Currency, And Related Business Models Is a Must, As Well As Experience With Two Or More Of The Following
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 three (3) years of specialized experience in one or more of the following:
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 $109,650.
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 $4,000 annual downstate adjustment.
Appointment Status: Contingent Permanent
Duties Description
The New York State Department of Financial Services seeks to build an equitable, more transparent and resilient financial system that benefits New Yorkers and supports business. Through engagement, data-driven regulation, and operational excellence, DFS is responsible for empowering consumers and protecting them from financial harm; ensuring the health and stability of the financial entities we regulate; and driving economic growth through responsible innovation.
The Department of Financial Services is seeking candidates for the position of Senior Strategy Specialist, SG-23, in the Strategy Unit within the Research & Innovation Division. The Senior Strategy Specialist serves as a specialist and project manager for fintech, virtual currency, and related legislative engagement and policy development. The successful candidate must be available to travel within and outside of New York State.
Duties will include, but not be limited to, some or all of the following:
- Leads drafting and project management for guidance development relating to fintech and virtual currency;
- Maintains a thorough understanding of the business models of fintech entities and their partner banks, identifies and assesses relevant current and emerging risks, and presents recommendations for supervisory actions;
- Reviews legislation and analyzes implications for regulated entities and makes recommendations for substantive areas of engagement;
- Reviews virtual currency and financial institutions programs, policy, and procedures for compliance with legal and regulatory requirements;
- Supports ad hoc projects and new initiatives regarding issues arising in the Research and Innovation Division;
- Communicates with and presents to senior and executive management, both orally and in written memoranda and presentations; and
- Other duties as assigned.
Minimum Qualifications
Experience Analyzing Fintech, Virtual Currency, And Related Business Models Is a Must, As Well As Experience With Two Or More Of The Following
- Quantitative and qualitative data analysis;
- Developing regulatory guidance; and
- Analyzing legislation.
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 three (3) 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.
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 $109,650.
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 $4,000 annual downstate adjustment.
Appointment Status: Contingent Permanent
Salary : $86,681 - $109,650
