Data Analysis Specialist (Financial Services Specialist 1 (Compliance), SG-18) Position Available In New York, New York
Tallo's Job Summary: This job listing in New York - NY has been recently added. Tallo will add a summary here for this job shortly.
Job Description
Basics Schedule Location Job Specifics How to Apply Indicates whether if this vacancy posting is part of the
NY HELPS
Program. NY HELP No The agency in which the vacancy exists. Agency Financial Services, Department of The job title for the vacancy. Title Data Analysis Specialist (Financial Services Specialist 1 (Compliance), SG-18) The job title for the vacancy. Occupational Category Financial, Accounting, Auditing The salary grade for this vacancy. Salaries are determined by salary grade and bargaining unit. Salary Grade 18 The collective bargaining unit to which this vacancy is assigned. Bargaining Unit PS&T – Professional, Scientific, and Technical (PEF) The minimum and maximum of the salary range for this vacancy. Salary Range From $66951 to $85138 Annually Indicates whether this job is full-time or part-time. If the job is part-time, an estimated percentage will be provided. Employment Type Full-Time This indicates the type of job, typically permanent, temporary, or provisional. ‘Provisional’ means that the appointment will be temporary until the incumbent takes and passes an appropriate civil service examination. Appointment Type Permanent Jurisdictional class is the indicator for how this job can be filled. The classified service is governed by the Civil Service Commission, and consists of competitive, non-competitive, exempt, and labor classes. ‘Competitive class’ indicates that the applicant must take and pass an appropriate civil service examination. ‘Non-competitive class’ indicates that the applicant’s qualifications will be evaluated without a civil service examination. ‘Exempt class’ indicates that the applicant will be evaluated by methods other than competitive or non-competitive, and that incumbents will not be granted tenure. ‘Labor class’ requires that applicants possess skills or other physical characteristics that cannot effectively be evaluated by other means. The unclassified service is legislatively defined, and includes such positions as elected officials, department and agency heads, and all academic personnel in public schools, colleges, and universities. Jurisdictional Class Non-competitive Class Estimates the percentage of time incumbents of this vacancy will be required to travel. Travel Percentage 0% This provides information on the expected workweek. Workweek Mon-Fri The number of hours in the workweek, typically 37.5 or 40 for full time, or any other number for part time. Hours Per Week 37.50 Workday The start time for this vacancy. If the agency employs flextime, this will be the earliest time this vacancy’s shift can start. From 8 AM The end time for this vacancy. If the agency employs flextime, this will be the latest time this vacancy’s shift can end. To 6 PM If checked, the agency allows flextime. Flextime allowed? No If checked, this vacancy includes mandatory overtime. Mandatory overtime? No If checked, this agency allows compressed workweek scheduling. Compressed workweek allowed? No If checked, this agency allows telecommuting for this position. Telecommuting allowed? Yes The county in which the vacancy is located. County To Be Determined The street address where the vacancy is located. Street Address Albany- One Commerce Plaza 12257 NYC- One State Street 10004 The city where the vacancy is located. City Albany or New York City The state where the vacancy is located (the default is New York). State NY The zip code where the vacancy is located. Zip Code 12257 The duties that the incumbent of the vacancy will be expected to perform. 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 (DFS) is seeking candidates for the position of Data Analysis Specialist in the Economic Research Unit within the Research and Innovation Division. This role will analyze data to support Division initiatives and will work across all Divisions to accomplish required economic reporting and ad hoc analysis. Duties will include, but not be limited to, the following:
- Assists in research, evaluation, and analytical studies relating to various financial factors;
- Reviews and monitors quality of data submissions by entities, monitoring variances, identifying trends, and recommends relevant actions to management;
- Reviews financial reports from supervised entities;
- Creates data analytics and visuals for internal and external reporting and supervision;
- Participates in designing and preparing periodic reports in innovation policy and economic research;
- Maintains database integrity by entering, verifying, and backing up data in coordination with supervisors and management; and
- Other duties as assigned. Preferred Qualifications
- Experience working with large datasets; including importing, merging data, and validation.
- Proficient with data visualization tools, such as Tableau or Power BI.
- Proficient with Excel.
- Ability to multi-task.
- Ability to collaborate in a team environment.
The minimum qualifications required for this vacancy.
Minimum Qualifications Appointment method:
Candidates must meet the minimum qualifications listed below in order to be eligible for appointment.
Non-Competitive:
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 two (2) years of specialized experience in one 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 regarding the vacancy. 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 $66,951 with periodic increases up to $85,138. 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:
Permanent Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval. Some positions may require additional credentials or a background check to verify your identity. The name of the contact person for this vacancy. Name Kara Waters The telephone number to use for questions about this vacancy. Telephone The fax to use for this vacancy. Fax (518) 402-5071 Email address for emailing applications, or to ask questions about this vacancy. Email Address NCE.Notifications@dfs.ny.gov Address The street address of the contact for this vacancy. Street One Commerce Plaza Suite 301 The city for the contact for this vacancy. City Albany The state of the contact for this vacancy (the default is New York). State NY The zip code for the contact for this vacancy. Zip Code 12257 Instructions for potential applicants. Notes on
Applying To Apply:
Interested qualified candidates must submit a resume and letter of interest no later than June 30, 2025 to the email address listed below. Please include the Box # (Box
DAS-FSS1C-10395
) 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 Waters Box
DAS-FSS1C-10395
New York State Department of Financial Services Office of Human Resources Management One Commerce Plaza, Suite 301 Albany, NY 12257
Email:
NCE.Notifications@dfs.ny.gov
Fax:
(518) 402-5071 All candidates that apply may not be scheduled for an interview. Public Service Loan Forgiveness Employment 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-service
AMERICANS WITH DISABILITIES ACT
REASONABLE
ACCOMMODATIONS
Under 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.