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 Virtual Currency Data Governance Associate in the Virtual Currency Unit within the Research and Innovation Division. This role will work across all Virtual Currency Unit and Limited Purpose Trust Company Unit functions to accomplish required economic reporting and ad hoc analysis.

Duties include, but are not limited to, the following:

• Performs research, evaluation, and analytical duties relating to various financial factors;
• Focuses on data quality and cataloguing with respect to various data submissions made by regulated Virtual Currency Entities;
• Supports Virtual Currency Data Governance Director in administering Data Stewardship program at DFS;
• Contributes to data governance guidelines, policies, and best practices;
• Contributes to enterprise data governance program’s metrics and reporting;
• Creates and maintains interactive Tableau reports for scalability, manageability, extensibility, performance, and re-use;
• Serves as administrator (central point of contact) for various Virtual Currency Data Governance initiatives within the Division;
• Provide SME expertise on Virtual Currency companies and the crypto market;
• Works with large and complex data sets to solve problems using different analytical and statistical approaches;
• Reviews and monitors quality of data submissions by entities, monitoring variances, identifying trends, and recommends relevant actions to management;
• Participates in the development of key materials for senior leadership briefings and decision-making;
• Supervises DFS or contract staff as needed; and
• Other duties as assigned.

Preferred Skills:

• Metrics and reporting
• Data Analysis
• Data Visualization
• Data Quality
• Crypto market expertise
• Internal Controls and Process Re-engineering
• Financial Risk Management

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 five (5) years of specialized experience in one or more of the following of which two (2) years must have been at a supervisory level:

• 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.

Salary: The starting salary for this position is $100,761 with periodic increases up to $124,107.

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 $3,087 annual downstate adjustment.

Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval

To Apply: Interested qualified candidates must submit a resume and letter of interest no later than March 28, 2024 to the email address listed below. Please include the Box # (Box VCDGA-FSS4PA-10639) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Kara Waters

Box VCDGA-FSS4PA-10639

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.

Pursuant to Executive Order 161, no State entity, as defined by the Executive Order, is permitted to ask, or mandate, in any form, that an applicant for employment provide his or her current compensation, or any prior compensation history, until such time as the applicant is extended a conditional offer of employment with compensation. If such information has been requested from you before such time, please contact the Office of Employee Relations at (518) 473-3130 or via email at response@oer.ny.gov.

Job Type: Full-time

Pay: $100,761.00 - $124,107.00 per year

Schedule:

• Monday to Friday

Ability to Relocate:

• New York, NY 10004: Relocate before starting work (Required)

Work Location: Hybrid remote in New York, NY 10004