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Senior Strategy Specialist, (Financial Services…
- New York State Civil Service (Albany, NY)
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NY HELP No
Agency Financial Services, Department of
Title Senior Strategy Specialist, (Financial Services Specialist 2(Policy Analysis), SG-23)
Occupational Category Financial, Accounting, Auditing
Salary Grade 23
Bargaining Unit PS&T - Professional, Scientific, and Technical (PEF)
Salary Range From $86681 to $109650 Annually
Employment Type Full-Time
Appointment Type Contingent Permanent
Jurisdictional Class Non-competitive Class
Travel Percentage 0%
Workweek Mon-Fri
Hours Per Week 37.5
Workday
From 8 AM
To 6 PM
Flextime allowed? No
Mandatory overtime? No
Compressed workweek allowed? No
Telecommuting allowed? Yes
County To Be Determined
Street Address One Commerce Plaza/One State Street
City Albany/New York
State NY
Zip Code 12257
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 Preferred 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.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 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.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 $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
Some positions may require additional credentials or a background check to verify your identity.
Name Kara Waters
Telephone
Fax (518) 402-5071
Email Address [email protected]
Address
Street One Commerce Plaza
Suite 301
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 May 27, 2025 to the email address listed below. Please include the Box # (Box SRSS-FSS2PA-10616) 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.Kara WatersBox SRSS-FSS2PA-10616New York State Department of Financial ServicesOffice of Human Resources Management One Commerce Plaza, Suite 301Albany, NY 12257Email: [email protected]: (518) 402-5071All candidates that apply may not be scheduled for an interviewPublic 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.
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