Financial Services Examiner Trainee 1, NS

About the role

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; driving economic growth through responsible innovation; and preserving the stability of the global financial system.

Duties

• Monitor various types of financial services activities according to the statutory responsibilities of the agency.
• Review and analyze different types of documents, transactions, operations and data for compliance with Financial Services laws, rules, and regulations.
• Aid parties such as consumers and financial services institutions in resolving problems by interpreting program guidelines and regulations.
• Prepare narrative reports and draft correspondence concerning the agency’s regulatory and examination programs and standards for financial services entities.
• Handle routine regulatory activities personally.

Travel Requirements

Extensive travel may be required, including overnight travel. Appointees must possess a valid license to operate a motor vehicle in New York State or otherwise demonstrate their ability to meet the transportation needs of the job in carrying out their responsibilities in any location to which travel is required, including locations not accessible by public transportation. Field work and travel expenses will be reimbursed on a fixed schedule.

Qualifications

• Either a bachelor’s degree or higher in accounting, auditing, economics, econometrics, business economics, finance, financial administration, mathematics, applied mathematics, mathematical sciences, statistics, actuarial science, or taxation;
• Or a bachelor’s degree or higher including or supplemented by 24 semester credit hours in accounting, auditing, economics, econometrics, business economics, finance, financial administration, mathematics, applied mathematics, mathematical sciences, statistics, actuarial science, or taxation.

Pay

Salary: $66,951 – 85,138 (Grade-18 level), $59,994 (Trainee 2 level), $53,764 (Trainee 1 level)

Additional downstate adjustment: $4,000 annually for positions in New York City and certain counties.

Benefits

Public Service Loan Forgiveness (PSLF): Employment with New York State qualifies an individual for this program, which forgives the remaining balance on any Direct Student Loans after making 120 qualifying monthly payments while working full-time for a U.S. federal, state, local, or tribal government or not-for-profit organization.

Contact Information

Email Address: FSE.Trainee@dfs.ny.gov
Address: Suite 301