Financial Services Specialist 2 (Urban Analyst), SG-23

Financial Services Specialist 2 (Urban Analyst)

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 Financial Services Specialist 2 (Urban Analyst) in the Community Development Unit of the Consumer Examination Unit (CEU). Duties will include, but will not be limited to, the following:

• Reviews and processes branch openings, closings, and relocation applications;
• Creates maps associated with bank applications;
• Communicates with the CRA and Consumer Compliance and Fair Lending Teams when reviewing bank applications for consumer impact;
• Maintains the Banking Development District (BDD) outcomes database;
• Assists in developing annual BDD performance data document;
• Assists in maintaining application tracking tables;
• Assists in gathering socio-economic data related to BDD inquiries;
• Researches and maintains community contacts database for CRA examinations' community contact interviews;
• Researches and analyzes community demographics and the financial services need of consumers and small business;
• Develops public information material and help arrange Department conferences, presentations and meetings with industry, community groups and other government agencies;
• Participates in CDU meetings internally and externally with financial institutions and community contacts;
• Analyzes and processes applications for the establishment of new branches of domestic banking institutions as well as the relocation of existing offices of all banking institutions. Ensures applications are complete and conform with statutory and regulatory requirements;
• Prepares the CRA evaluation of branch closings and community impact statements;
• Provides technical assistance to industry, the public and other organized groups;
• Conducts research in support of other related activities; and
• Other duties as assigned.

Preferred Qualifications:

• Proficiency in data analytical tools such as: MS Access, MS Excel, MapInfo, ARC GIS;
• Knowledge of Consumer Reinvestment Act regulations and examination requirements;
• Demonstrated strong writing, analytical and communication skills;
• Ability to effectively communicate technical and non-technical information to a variety of audiences.

Appointment Method:

Candidates must meet the minimum qualifications listed below in order to be eligible for appointment.

Non-Competitive: Seven (7) years of specialized experience in one (1) of the following:

• Research, planning, administration, or analyzing community preservation and economic development programs focusing on the preservation, revitalization, and development of low-to-moderate income areas.

Substitutions: an associate degree may substitute for two years of specialized experience; bachelor's degree may substitute for four years of specialized experience; master's degree may substitute for five years of specialized experience; J.D. may substitute for six years of specialized experience; Ph.D. may substitute for seven years of specialized experience.

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: Permanent

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