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Review Vacancy

Date Posted 11/03/23

Applications Due12/31/23

Vacancy ID143245

AgencyFinancial Services, Department of

TitleInnovation Policy Manager

Occupational CategoryAdministrative or General Management

Salary Grade31

Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)

Salary RangeFrom $123721 to $150612 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? Yes

Telecommuting allowed? Yes

County To Be Determined

Street Address NYC: One State Street, New York

ALB: One Commerce Plaza, Albany

City New York/Albany

StateNY

Zip Code12257

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 sciences, auditing, banking, business, business administration, business and technology, commerce, computer information systems, computer science, consumer sciences, criminal justice, cyber security, econometrics, economics, finance, financial administration, health, health administration, information systems, information systems engineering, information technology, internal controls, international or public affairs, law, market analysis, mathematics, public administration, public policy, risk management, statistics, taxation, or technology and seven (7) years of financial services experience with: 1) a regulated entity who has a regional, national and/or international presence; or 2) a governmental regulatory entity. This experience must include practical and technical knowledge about State, federal and/or international financial services laws, rules, and regulations. Two (2) years of the experience must have been at a managerial level.
Substitutions: A J.D. or a master’s degree may substitute for one (1) year of specialized experience; and a Ph.D. may substitute for two (2) years of specialized experience.

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 senior role in its Innovation Policy Unit, housed in the Division of Research and Innovation. This position represents a chance to play a leadership role in tackling cutting-edge policy issues in financial services in New York, including those related to fintech, insurtech, cryptocurrency, decentralized finance, and the use of artificial intelligence and machine learning by the industry.
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 Innovation Policy Manager will participate in and/or lead projects in pursuit of the above and related goals. Duties include, but are not limited to, the following:
• Leads documentary research; qualitative interviews and other non-documentary research; and, with the assistance of data specialist staff, quantitative research, to inform policy decisions by DFS;
• Leads policy analysis projects to arrive at recommendations for DFS action, such as the issuance of guidance, the promulgation of new or amended regulations, or the proposal of and advocacy for new or amended legislation;
• Oversees the creation of policy documents, such as proposed legislation, proposed regulations, and/or proposed guidance;
• Oversees the creation of educational or outreach documents, such as white papers, public reports, and Op-Eds;
• Participates as a senior practitioner in any of the above activities;
• Represents the Innovation Policy Unit in engagement with other DFS business units concerning policy questions, policy needs, policy analysis, or the effectuation of policy recommendations;
• Plans, manages, and participates in meetings, panel discussions, and round-table discussions to gather or disseminate information relevant to financial-services policy-making;
• In consultation/coordination with others in the Innovation Policy Unit’s leadership, works to set DFS’s policy agenda, including actively participating in periodic planning of policy projects to be pursued by the unit;
• Supports the development and maintenance of partnerships with internal and external persons and entities related to policy topics;
• Provides briefings and status updates to others in leadership, including executive staff;
• Works on other projects as needed, in the Research and Innovation Division (including the Virtual Currency Unit and/or Economic Research Unit), and outside Division as warranted;
• Maintains awareness of news and other information sources relevant to policy analysis concerning financial services, and pursue educational opportunities relevant to financial policy-making; 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 $3,087 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.

Name Cynthia Gavin

Telephone

Fax 518-402-5071

Email Address NCE.Notifications@dfs.ny.gov

Address

Street One Commerce Plaza, Suite 301

City Albany

State NY

Zip Code 12257

 

Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than December 31, 2023 to the email address listed below. Please include the Box # (DFSP1-IPM-10036) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.
Cynthia Gavin
Box # DFSP1-IPM-10036 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

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