Job Information
New York State Civil Service Financial Services Specialist 2 (Compliance), SG-23 in New York, New York
NY HELP No
Agency Financial Services, Department of
Title Financial Services Specialist 2 (Compliance), SG-23
Occupational Category Financial, Accounting, Auditing
Salary Grade 23
Bargaining Unit PS&T - Professional, Scientific, and Technical (PEF)
Salary Range From $84156 to $106454 Annually
Employment Type Full-Time
Appointment Type Contingent Permanent
Jurisdictional Class Non-competitive Class
Travel Percentage 0%
Workweek Mon-Fri
Hours Per Week 37.50
Workday
From 8 AM
To 6 PM
Flextime allowed? No
Mandatory overtime? No
Compressed workweek allowed? No
Telecommuting allowed? Yes
County New York
Street Address One State Street
City New York
State NY
Zip Code 10004
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 the Property Bureau. Duties include, but are not limited to, the following:• Produces reports, data calls, and special projects while being fully conversant with relevant laws and insurance regulations under which the reports or projects are generated, as well as with their history;• Establishes the reporting format of the statistical information to be provided by insurers;• Compiles and analyzes the data submitted;• Designs the report’s layout and prepares graphic and tabular information;• Assists in writing the reports; • Addresses problems that develop from year to year and adapts the material scope of the reports and projects as they evolve to any remedial measures taken by the Legislature; • Conducts or assists in special investigations, industry distributions, and reports;• Responds to inquiries from insurers, members of the public, and other governmental entities or matters related to their expertise; • Performs other duties and responsibilities as assigned.
Minimum Qualifications Appointment method:Candidates must meet the minimum qualifications listed below in order to be eligible for appointment.Non-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 Salary: The starting salary for this position is $84,156 with periodic increases up to $106,454Positions 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.
Some positions may require additional credentials or a background check to verify your identity.
Name Nathan Keiper
Telephone
Fax 518-402-5071
Email Address NCE.Notifications@DFS.ny.gov
Address
Street 1 Commerce plaza
3rd Floor
City Albany
State NY
Zip Code 12257
Notes on Applying To Apply: Interested qualified candidates must submit a resume and letter of interest no later than February 6, 2025 to the email address listed below. Please include the Vacancy ID in the subject line of your email to ensure receipt of your application. Email submissions are preferred.Please be advised that the New York State Department of Financial Services does not offer sponsorship for employment visas.Nate KeiperBox FSS2C-10488New York State Department of Financial ServicesOffice of Human Resources Management One Commerce Plaza, Suite 301Albany, NY 12257Email: NCE.Notifications@dfs.ny.govFax: (518) 402-5071All candidates that apply may not be scheduled for an interview.Public Service Loan ForgivenessEmployment with New York State qualifies an individual for Public Service Loan Forgiveness (PSLF). This program forgives the remaining balance on any Direct Student Loans after you have made 120 qualifying monthly payments while working full-time for a U.S. federal, state, local, or tribal government or not-for-profit organization. To learn more about the program and whether you would qualify, please visit: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-serviceAMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONSUnder the Americans with Disabilities Act (ADA), the Department of Financial Services is required to provide reasonable accommodation for known physical or mental limitations of an otherwise qualified applicant with a disability if an accommodation would enable the applicant to perform the essential functions of the job. If the accommodation would constitute an undue hardship on the operations of the agency, the agency is not required to provide it.All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.