New Job Innovation Policy Manager In New York
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| Innovation Policy Manager |
Innovation Policy Manager
Company : Financial Services, Department of
Salary : $123,721 - $150,612 a year
Location : New York
Full Description
Appointment method:
Candidates must meet the minimum qualifications listed below in order to be
eligible for appointment.
Non-Competitive: A Bachelor’s Degree in accounting, actuarial sciences,
auditing, banking, business, business administration, business and technology,
commerce, computer information systems, computer science, consumer sciences,
criminal justice, cyber security, econometrics, economics, finance, financial
administration, health, health administration, information systems,
information systems engineering, information technology, internal controls,
international or public affairs, law, market analysis, mathematics, public
administration, public policy, risk management, statistics, taxation, or
technology and seven (7) years of financial services experience with: 1) a
regulated entity who has a regional, national and/or international presence;
or 2) a governmental regulatory entity. This experience must include practical
and technical knowledge about State, federal and/or international financial
services laws, rules, and regulations. Two (2) years of the experience must
have been at a managerial level.
Substitutions: A J.D. or a master’s degree may substitute for one (1) year of
specialized experience; and a Ph.D. may substitute for two (2) years of
specialized experience.
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.
The Department of Financial Services (DFS) is seeking applicants for a senior
role in its Innovation Policy Unit, housed in the Division of Research and
Innovation. This position represents a chance to play a leadership role in
tackling cutting-edge policy issues in financial services in New York,
including those related to fintech, insurtech, cryptocurrency, decentralized
finance, and the use of artificial intelligence and machine learning by the
industry.
The Innovation Policy Unit is charged with performing qualitative and
quantitative research to inform DFS decision-making and influence internal and
external stakeholders; conducting policy reviews of innovation topics;
maintaining best practices for policy review and development; managing an
external engagement program with innovators; and hosting and attending
innovation-related outreach events. The Innovation Policy Manager will
participate in and/or lead projects in pursuit of the above and related goals.
Duties include, but are not limited to, the following:
- Leads document research, qualitative interviews and other non-documentary research; with the assistance of data specialists, quantitative research to inform policy decisions by the DFS.
- Leads policy analysis projects to arrive at recommendations for DFS action, such as the issuance of guidance, the promulgation of new or amended regulations, or the proposal and advocacy for new legislation.
- Oversees the creation of policy documents, such as proposed legislation, proposed regulations and/or proposed guidance.
- Oversees the creation of educational or outreach materials, such as white papers, public records, and op-eds.
- As a senior practitioner, participate in any of the above activities;
- In conjunction with other business units, the Innovation Policy Unit represents policy questions, policy needs, policy analysis, and the evaluation of policy recommendations.
- Plans, manages and participates in meetings, panels, and other forums to gather information relevant to financial services policy making. )
- In consultation with others in the Innovation Policy Unit's leadership, works to set policy goals for the DFS, including actively participating in the planning and pursuing of policy projects.
- Supports the development and maintenance of partnerships with internal, external persons and entities related to policy topics;
- Provides briefings and status updates to others in leadership, including executive staff. )
- As needed, in the Research and Innovation Division (including the Virtual Currency Unit and the Economics Research Unit), and outside the division; )
- Maintains awareness of current news and other information relevant to policy analysis concerning financial services, and pursues educational opportunities relevant to financial policy making. ;)
- Other duties as assigned.
Additional Comments
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 $3,087 annual downstate adjustment.
Appointment Status: Permanent
Appointment to this position is pending Governor Appointment’s Office and
Division of Budget approval.