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Review Vacancy

Date Posted 02/28/24

Applications Due03/14/24

Vacancy ID152374


AgencyFinancial Services, Department of

TitleMaster Data Management Lead (Assistant Director Research Financial Services)

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade661

Bargaining UnitM/C - Management / Confidential (Unrepresented)

Salary RangeFrom $88283 to $111592 Annually

Employment Type Full-Time

Appointment Type Permanent

Jurisdictional Class Non-competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.5


From 8 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? Yes

Telecommuting allowed? Yes

County To Be Determined

Street Address One Commerce Plaza: Albany

One State Street: New York

City Albany/New York


Zip Code12257

Minimum Qualifications Appointment method:
Candidates must meet the minimum qualifications listed below in order to be eligible for appointment.

1. Ph.D. in economics, finance, accounting or mathematics and one year of experience in economic research, or financial research or analysis; or
2. JD (law degree) or Master’s Degree in economics, finance, accounting or mathematics and two years of experience in economic research, or financial research or analysis; or
3. Bachelor’s Degree in economics, finance, accounting or mathematics and four years of experience in economic research, or financial research or analysis.

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 is seeking candidates for the position of Master Data Management Lead in the Data Governance and Management Unit within the Research and Innovation Division. The Master Data Management Lead will be an integral part of the data governance strategy at DFS. They will be responsible for working with the Business Unit(s), enterprise Data Governance team, and Technology, among others, to drive enterprise data policy efforts. This role also plays a critical part in driving transformation of data, business processes and practices within DFS, in alignment with the overall enterprise-wide strategy. This role focuses on master data management and leading data governance projects.

Duties include, but are not limited to, the following:
• Drives harmonization of Master Data processes across DFS to provide a common ‘look-across’ while also offering flexibility to meet BU-specific needs;
• Prioritizes and drives master data initiatives and business process change by influencing DFS divisions;
• Researches and reviews data quality practices across DFS;
• Leads targeted communication, change management, and training associated with Master Data Management to ensure adoption;
• Establishes and communicates Master Data Management best practices including people, processes, and technology;
• Serves as Subject Matter Expert on Master Data Management;
• Focuses on master data operational excellence, including advanced technologies, to optimize data value chain;
• Closely collaborates with the Chief Technology Officer to drive change and continuous improvement;
• Manages complex data projects of various sizes and in various stages;
• Obtains appropriate involvement from DFS divisions; extensively collaborates with BU Data Stewards, enterprise Data Governance team, and DFS data stakeholders;
• Contributes to enterprise data governance program’s metrics and reporting, as well as data governance documentation;
• Supervises DFS or contract staff as needed; and
• Other duties as assigned.

Preferred Qualifications
Experience in one or more of the following:
• Data Governance or Data Management
• Master Data Management
• Data Analysis
• Data Visualization
• Statistical or economic analysis
• Data and/or Information Security
• Data Quality
• Metrics and Reporting
• Internal Controls and Process Re-engineering
• Financial Risk Management

Additional Comments Salary: The starting salary for this position is $88,283 with periodic increases up to $111,592

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.

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

Name Kara Waters


Fax 518-402-5071

Email Address


Street One Commerce Plaza, Suite 301

City Albany/New York

State NY

Zip Code 12257


Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than March 14, 2024 to the email address listed below. Please include the Vacancy ID in the subject line of your email to ensure receipt of your application. Email submissions are preferred.
Kara Waters
New York State Department of Financial Services
Office of Human Resources Management
One Commerce Plaza, Suite 301
Albany, NY 12257
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:

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.
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

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