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Review Vacancy

Date Posted 07/05/18

Applications Due07/19/18

Vacancy ID54925

AgencyFinancial Services, Department of

TitleSupervising Risk Management Specialist

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade31

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

Salary RangeFrom $110971 to $135089 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 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address One State Street

City New York


Zip Code10004

Minimum Qualifications Appointment Method:

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

Non-Competitive: Bachelor’s Degree and nine years of experience in one or more of the following areas: trading, underwriting, hedging or analyzing risk management of capital markets instruments for financial institutions OR audit or regulatory examination of capital markets OR research or teaching experience at a college or university in finance, economics or mathematics, including the study of capital markets instruments, trading and risk management in financial markets.

Substitutions: A Bachelor’s Degree in finance, economics, accounting, mathematics or business administration may substitute for two years of the experience. A Master’s Degree in the same fields may substitute for three years of the experience. A Ph.D. in the same fields may substitute for four years of the experience.

Duties Description The Department of Financial Services is seeking applicants to fill the position of Supervising Risk Management Specialist in the Capital Markets Division. The Supervising Risk Management Specialist’s duties will include, but not be limited to, the following:

• Conducting financial analysis of capital markets activities and other institutions;
• Participating in examinations, training, and special projects;
• Managing, directing and overseeing assigned staff by assigning work, monitoring progress, reviewing results, and conducting performance reviews;
• Developing regulatory policy; and
• Interacting with insurers, rating agencies, investment banks and other regulatory agencies.

Additional Comments Please note that 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. Please note that a change in negotiating unit may affect your salary, insurance and other benefits.

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

Name Nicole Pickel

Telephone 518-549-0189

Fax 518-402-5071

Email Address


Street 99 Washington Avenue, 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 July 19, 2018, to the email address listed below. Please include (Box SRMS-04209) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Nicole Pickel
Box SRMS-04209
New York State Department of Financial Services
Office of Human Resources Management
99 Washington Avenue, Suite 301
Albany, New York 12257
Fax: (518) 402-5071

Please note that not all applicants may be scheduled for an interview.

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 and the accommodation would not constitute an undue hardship on the operations of the agency.

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