Financial Services, Department of
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 applicants for a role helping to shape and carry out DFS’s Innovation Policy agenda. This agenda centers around interacting with innovative, often technology-intensive financial-services companies and industries, helping to bridge the gap between their needs and financial regulations that may have been created before the new business models existed. The agenda will also involve broader policy research and analysis, much of it focused on fintech, insurtech, and regtech business proposals or developments.
The Innovation Policy Unit is charged with performing qualitative and quantitative research to inform DFS decision-making and influence internal and external stakeholders; conducting policy reviews of innovation topics; maintaining best practices for policy review and development; managing an external engagement program with innovators; and hosting and attending innovation-related outreach events.
The Senior Innovation Policy Specialist will support policy analysis projects and cross-agency initiatives and will serve as the central coordinator for projects in the Innovation Policy Unit to ensure proper implementation. Duties include, but are not limited to, the following:
Directs and manages agency projects by conducting research, developing implementation strategies, providing oversight, implementing policies and procedures, and providing recommendations to program staff to resolve issues and ensure project timelines are met;
Provides direction for policy projects by developing short- and long-term project goals and developing timelines for implementation;
Assists in drafting policy recommendations, and contributes extensively to the analysis of policy proposals, in consideration of DFS’s overall priorities and the commercial and policy landscape;
Supports the development and maintenance of partnerships with internal and external persons and entities and meets with outside stakeholders to discuss programs and projects;
Assists with project management tasks as needed to support the divisions innovation policy activities;
Provides briefings and status updates to executive staff and other parties;
Works on projects and initiatives as requested by the Superintendent and executive staff;
Monitors and evaluates news sources and social media to identify issues and challenges relevant to financial products and services in New York State; and
Other duties as assigned.
Additional Comments
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 $3,026 annual downstate adjustment.
To apply for this job please visit statejobsny.com.