NY HELPNo

AgencyFinancial Services, Department of

TitleDirector of Market Conduct, Market Analysis & No-Fault Administration, (Director Financial Services Programs 2, SG-33)

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade33

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

Salary RangeFrom $145754 to $176123 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 8 AM

To 6 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? Yes

County New York

Street Address One State Street

City New York City

StateNY

Zip Code10004

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.

Under the general direction of the Property Bureau’s Director of Market Regulation, the Director of Market Conduct, Market Analysis, and No-Fault Administration may perform, but is not limited to, the following duties:

• Briefs and advises the Director of Market Regulation and the Deputy Superintendent for Property on a wide range of supervisory, regulatory, legislative, novel policy proposals, enforcement, and other matters related to the Property Bureau’s Market Division, including major Insurance Division initiatives;
• Assists in implementation of the Superintendent’s goals and objectives for the Property Bureau;
• Makes recommendations that are relevant to the issues based on a thorough understanding of the short and long-range impact of the P/C insurance industry;
• Supervises and oversees the Property Bureau’s Market Conduct, Market Analysis and Regulatory Services (MARS), and No-Fault Claims Administration Units;
• Responsible for market conduct investigations of hundreds of P/C insurance entities operating in New York including the recommendation of penalties to be assessed against such entities for Executive review;
• Oversees the MARS unit for the intake and assignment of product filings; records maintenance and reporting functions including analysis of legislative and regulatory proposals; the preparation of data requests and studies; and supervision of the Bureau’s procedures for FOIL requests and internal controls;
• Oversees the Bureau’s activities involving regulation and monitoring of No-fault and automobile physical damage insurance activities;
• Interacts with other state agencies, industry representatives, other government officials and various Business Units in the Department such as OGC, CPFED, and other Bureaus as warranted;
• Advises insurance Division’s management and OGC’s Deputy General Counsel and staff on proposed insurance legislation, regulations, and for issuing guidance in circular letters or on the Department’s website;
• Consults with upper management and company officials on unique problems, procedures and stator provisions; and
• Other duties as assigned.

Minimum Qualifications Appointment Method:

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

Non-Competitive: Twelve years of financial services experience** with EITHER a regulated entity who has a regional, national, and/or international presence; OR a governmental regulatory entity. This experience must include practical and technical knowledge about State, federal and/or international financial services laws, rules and regulations. Three years of the experience must have been at a managerial level.

Substitutions: An associate degree may substitute for two years of experience; a bachelor’s degree may substitute for four years of experience; a master’s degree may substitute for five years of experience; and a doctorate may substitute for six years of experience.

** Qualifying professional financial services experience is defined to include, but may not be limited to related experience gained with public accounting/auditing firms; cyber security and intrusion detection/mitigation firms; law firms, lobbying firms and consulting firms/companies; risk assessment, asset hedging and loss control firms; commodities markets, virtual currency and credit scoring; currency markets/exchanges, bond markets, stock markets and money markets; hedge funds, mutual funds, investment houses and rating firms; business valuation, stock valuation, and cash management; wealth management, wealth portfolio, and trust companies/corporations; firms with a nexus to corporate mergers, acquisitions, management and accounting; mortgage backed securities, swaps and swap valuation; underwriting, policyholder services and claims services; workers’ compensation, income protection plans, gap insurance and liability coverage; property/casualty insurance, life insurance and health insurance; retirement/savings plans such as social security, pension plans, Roth IRA, 527 Plans, 401(k) Plans, 403(b) Plans, annuities and related income tax savings vehicles; fair lending practices and urban analysis; public finance/financial management and taxation, central bank, tax, tariff and trade; and monetary policy, monetary reform and investment theory.

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

Salary: The starting salary for this position is $145,754 with periodic increases up to $176,123

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 $4,000 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 Nate Keiper

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 August 3, 2026 to the email address listed below. Please include the Box # (Box DMC-DFSP2-10072) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Please be advised that the New York State Department of Financial Services does not offer sponsorship for employment visas.

Nate Keiper
Box DMC-DFSP2-10072
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.


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: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-service


AMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONS
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.

All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.