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Review Vacancy

Date Posted 11/16/22

Applications Due01/04/23

Vacancy ID116840

AgencyFinancial Services, Department of

TitleData Analysis Specialist (Financial Services Specialist 1 (Policy Analysis), SG-18)

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade18

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

Salary RangeFrom $61270 to $77912 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? Yes

Telecommuting allowed? Yes

County Albany

Street Address One State Street

One Commerce Plaza

City New York/Albany


Zip Code10004

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

Non-Competitive: A Bachelor’s Degree in Business, Business Administration, Economics, Econometrics, Finance, Health, Health Administration, Health Policy, Law, Mathematics, Political Science, Public Administration, Public Health, Public Policy, Risk Management or Statistics and two (2) years of specialized experience in one or more of the following:

• Research, planning, administration, and/or analysis of the policies and procedures affecting regulated entities and how they conduct business activities with the public and/or other regulated entities.
• Research and analysis of State and federal statutes and regulations and their effects upon the business activities of financial services entities with regard to the public and/or other financial services entities.

A Master’s Degree in one (1) of the related fields or a J.D. may substitute for one (1) year of specialized experience. A Ph.D. in one (1) of the related fields may substitute for two (2) years of specialized experience.

Duties Description The New York Department of Financial Services seeks to build an equitable, more transparent and resilient financial system that benefits New Yorkers and supports business. Through engagement, data-driven regulation, and operational excellence, DFS is responsible for empowering consumers and protecting them from financial harm; ensuring the health and stability of the financial entities we regulate; and driving economic growth through responsible innovation.

The Department of Financial Services (DFS) is seeking candidates for the position of Data Analysis Specialist in the Economic Research Unit within the Research and Innovation Division.

This role will analyze data to support Division initiatives and will work across all Divisions to accomplish required economic reporting and ad hoc analysis.

Duties will include, but not be limited to, the following:

• Assists in research, evaluation, and analytical studies relating to various financial factors;
• Reviews and monitors quality of data submissions by entities, monitoring variances, identifying trends, and recommends relevant actions to management;
• Reviews financial reports from supervised entities;
• Participates in designing and preparing periodic reports in innovation policy and economic research;
• Maintains database integrity by entering, verifying, and backing up data in coordination with supervisors and management; and
• Other duties as assigned.

Preferred Skills:

• Experience aggregating and cleaning datasets.
• Proficient with Excel.
• Ability to multi-task.

Additional Comments Positions 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.

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

Name Khalan Cassala


Fax 518-402-5071

Email 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 January 4, 2023 to the email address listed below. Please include the Box # (Box DAS-FSS1PA-10585) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Khalan Cassala
Box DAS-FSS1PA-10585
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.

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