Financial Services Specialist 2 (Cybersecurity), SG-23

Financial Services Specialist 2 (Cybersecurity)

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 is seeking candidates for the position of Financial Services Specialist 2 (Cybersecurity) in Cybersecurity. Duties include, but are not limited to, the following :

• Conducts the supervision (e.g., cadence meetings, ad hoc supervisory engagements) and examination (e.g., desk-based and onsite exams, horizontal thematic reviews) work of assigned higher-risk Banking and Insurance chartered institutions and other DFS-regulated entities, to assess compliance with applicable laws, regulations, guidance, and supervisory expectations;
• Conducts peer reviews and supports team members in carrying out licensing reviews, ongoing supervision, and periodic examinations;
• Maintains a thorough understanding of the business models of assigned Licensees; identifies and assesses current and emerging risks; and presents recommendations for supervisory actions as appropriate;
• Stays informed on industry best practices and evolving trends, including developments in cybersecurity, blockchain, and other emerging technologies;
• Conducts risk-based assessments of Licensees, including evaluations of cybersecurity and information technology practices, and assesses compliance with 23 NYCRR Part 500 to support determinations related to safety and soundness from a technology risk perspective;
• Meets with Licensees' management teams for examinations and periodic updates; requests and reviews supervisory materials; and maintains a current understanding of operations, scale, and scope of business activities;
• Prepares comprehensive Reports of Examination (ROEs), as well as supervisory memos, correspondence, presentations, and guidance documents for both internal and external stakeholders;
• Reviews the ROEs of junior examiners and direct reports for quality, consistency, and adherence to established supervisory standards and procedures;
• Supports the development and continuous improvement of internal policies, procedures, examination materials, and best-practice guides related to the supervisory process;
• Communicates effectively with senior and executive management, both internally within the Department and externally with regulated entities, through verbal briefings, written memoranda, reports, and formal presentations;
• Follows documented supervisory procedures and completes examination work programs in accordance with Departmental guidance and regulatory standards; and
• Manages and provides training to a team of examiners, as needed and aligned with organizational priorities.

Preferred Qualifications

Appointment Method :

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

Non-Competitive : A Bachelor's Degree in Computer Information Systems, Computer Science, Criminal Justice, Cyber Security, Information Security, Information Systems, Information Technology, International or Public Affairs, Law, or Technology and three (3) years of specialized experience in the following :

A Master's Degree in one (1) of the related fields or a J.D. may substitute for one (1) year of specialized experience. A Ph.D. in one (1) of the related fields may substitute for two (2) years of specialized experience.

Salary : 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.

Appointment Status : Permanent