Financial Data Associate (Data Analyst 3, SG-27)

About the role

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.

Responsibilities

• Coordinates the analysis of trends in data sources and the assessment of data structures;
• Reviews data sources and reports produced by lower-level staff for accuracy, completeness, and consistency;
• Conducts difficult and complex data analysis assignments;
• Meets with business areas to discuss and shape the agency’s strategy for analytics solutions and data-driven decision-making;
• Coordinates or leads the development and evaluation of analytics solutions based on business requirements and available data sources;
• Oversees the drafting of informational and technical documents and materials on analytics solutions;
• Reviews current and planned systems and processes and recommends improvements to data quality, efficiency, reporting, and analytical capabilities;
• Supervises, mentors, and evaluates the performance of a team of analysts;
• Provides technical guidance and serves as an escalation point for complex data quality, analytical methodology, or data interpretation issues;
• Establishes and promotes appropriate standards for data analysis, reporting, documentation, and quality assurance; and
• Other duties as assigned.

Requirements

• Minimum Qualifications: Bachelor’s or Master’s degree in Finance, Data Analytics, Economics, Statistics, or a related field.
• Five or more years of progressively responsible experience in financial data analysis, with prior supervisory or lead experience preferred.
• Demonstrated expertise in data structure assessment, trend analysis, complex data analysis, and reporting accuracy and quality review.
• Strong written and verbal communication skills, including experience presenting analytical findings and recommendations to business stakeholders.
• Proficiency with data analytics and business intelligence tools, such as SQL, Excel/Power BI, Python, or similar technologies.

Qualifications

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

• Non-Competitive: Nine years of experience in data visualization, and statistical models and data mining tools.
• Substitution: Associate degree may substitute for two years of specialized experience; bachelor's degree may substitute for four years of specialized experience; master's degree may substitute for five years of specialized experience; J.D. may substitute for six years of specialized experience; Ph.D. may substitute for seven years of specialized experience.

Pay

The starting salary for this position is $106,898 with periodic increases up to $131,665. 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.