Senior Data Analysis Specialist (Data Analyst 2, SG-23)

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

• Leads and oversees primary data duties for critical agency regulatory reporting to facilitate research, evaluation, and analytical studies relating to various economic factors.
• Assembles large and complex financial data sets from multiple sources to address regulatory needs using various analytical and statistical approaches.
• Reviews and monitors quality of data submissions by entities, monitoring variances, identifying trends, and recommending relevant actions to management.
• Maintains database integrity by entering, verifying, and backing up data in coordination with management.
• Participates in the development of key materials for senior leadership briefings and decision-making.
• Other duties as assigned.

Requirements

• Demonstrable competence working with large datasets, including importing, merging data, and data validation.
• Excellent communication skills, including project management skills.
• Proficiency with R Studio and Python.
• Familiarity with FFIEC reporting, Federal Reserve Reporting, and regulatory agency supervisory structures.
• Expertise with bank regulatory data, including bank call reports, CAMELS ratings, and public agency reporting.
• Highly motivated and effective working autonomously and as part of cross-functional teams.
• Ability to multi-task across projects and maintain attention to detail.

Qualifications

Seven years of experience in data visualization, statistical models, and data mining tools.

Substitution: An associate’s degree may substitute for two years of general experience; a bachelor’s degree may substitute for four years of general experience. A master’s degree in data or computer science, informatics, economics, statistics, mathematics, or a related field may substitute for one year of general experience; a Ph.D. in these fields may substitute for two years of general experience.

Pay

The starting salary for this position is $86,681 with periodic increases up to $109,650. 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.

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