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NY HELP No

Agency Financial Services, Department of

Title Financial Services Specialist 2 (Compliance), SG-23

Occupational Category Clerical, Secretarial, Office Aide

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 Albany - One Commerce Plaza

New York City - One State Street

City Albany or New York City

State NY

Zip Code 12257

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 Property Bureau. Duties include, but are not limited to, the following for smaller less complex companies or groups:• Completes the audit and analysis of annual and quarterly statements in accordance with required documentation standards and within required timeframes set by the NAIC Financial Analysis Handbook involving review and analysis of:o Audited Financial Statementso Management Discussion and Analysiso Statement of Actuarial Opinion Summaryo Holding company analysis including:? Group Profile Summary? Own Risk and Solvency Analysis? Enterprise Risk Management• Reviews the companies’ response for cybersecurity compliance. If the company indicates they are not in compliance, coordinates with the Cyber Security Unit to determine mitigation of risk factors and follow up with companies:• Follows up with company regarding risk climate change exposures ascertained by the Climate Unit;• Identifies potential problems and monitors known problem areas and reports progress to supervisors;• Follows up with licensees concerning resolution of comments and recommendations contained in Reports on Examination, Summary Memorandum, and meetings with companies;• Communicates timely on issues discovered during financial analysis to the appropriate field staff;• Processes licensing applications for various types of foreign and domestic property/casualty companies to ensure compliance with NAIC Uniform Certificate of Authority Application and New York specific requirements including the New York Insurance Law, New York Business Corporation Law, department regulations, circular letters, and administrative standards/policies, as well as other relevant international and federal statues;• Applies relevant laws, regulations, and bureau standards to proposed transactions with a goal of maintaining financial solvency and compliance;• Informs supervisors timely of any material noncompliance and solvency issues and addresses such matters to the company’s attention for corrective action;• Participates in and prepares presentations for supervisory colleges;• Participates in and prepares for meetings with companies including reviewing relevant documents and contributes relevant thoughts; and• Other duties 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 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 Permanent

Some positions may require additional credentials or a background check to verify your identity.

Name Nate Keiper

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 October 31, 2025 to the email address listed below. Please include the Box # (Box FSS2C-10486) 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-10486New 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 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.