Please note: State agencies that contact job applicants do not usually request personal or financial information via text message or over the phone in connection with your response to a job posting. If you are contacted for such information by these methods, or any other method, please verify the identity of the individual before transmitting such information to that person.
Note: For questions about the job posting, please contact the agency that posted this position by using the contact information provided on the "Contact" tab for the position.

Review Vacancy

Date Posted 06/28/16

Applications Due07/12/16

Vacancy ID31116

NY HELPNo

AgencyFinancial Services, Department of

TitleAssociate Economist

Occupational CategoryFinancial, Accounting, Auditing

Salary Grade23

Bargaining UnitPS&T - Professional, Scientific, and Technical (PEF)

Salary RangeFrom $67703 to $85635 Annually

Employment Type Full-Time

Appointment Type Provisional

Jurisdictional Class Competitive Class

Travel Percentage 0%

Workweek Mon-Fri

Hours Per Week 37.50

Workday

From 9 AM

To 5 PM

Flextime allowed? No

Mandatory overtime? No

Compressed workweek allowed? No

Telecommuting allowed? No

County New York

Street Address One State Street

City NYC

StateNY

Zip Code10004

Minimum Qualifications Appointment method:
Transfer: Candidates must have one year of permanent competitive service as an Associate Economist (Labor Research), Econometrician 2 or Program Research Specialist 3 (Economics Finance) in order to be eligible for transfer via Section 70.1 of the Civil Service Law. Information regarding transfer eligibility may be available on the Civil Service Career Mobility Office website at http://careermobilityoffice.cs.ny.gov/cmo/.
Please Note that under Civil Service Law, an employee cannot have two consecutive upward 70.1 or 52.6 transfers without an intervening eligible list appointment if such transfers would exceed two salary grades.
Provisional: Candidates must have one year of permanent competitive service as a Senior Economist or Senior Economist (Various Parenthetics) AND must have taken the Associate Economist examination administered on May 14, 2016.
A provisional appointment requires that the employee take the next examination for the title and be reachable on the resulting eligible list. All candidates at the highest score are immediately reachable. Candidates at the lower scores can be considered only when there are fewer than 3 candidates at the higher scores. If a provisionally appointed candidate is either not successful on the examination or not reachable on the eligible list, they generally will not be allowed to remain in the position.

Duties Description The Department of Financial Services is seeking candidates to fill the position of Associate Economist in the Consumer Examinations Unit (CEU). Under the direction of CEU’s two Program Research Specialists (PRSs), the Director of Fair Lending and Consumer Compliance and CEU’s Director, the incumbent of this position will provide data-oriented support for the Department’s fair lending supervision and enforcement activities pursuant to Executive Law, Section 296-a. Duties of this position will include but not be limited to:

• Helping to craft the focus of CEU’s data inquiry for fair lending examinations.

• Transferring data between multiple applications, including converting from different formats and geocoding for further analysis.

• Analyzing data from lenders in New York State to facilitate routine and targeted fair lending examinations.

• Testing database contents for accuracy, integrity and consistency.

• Developing, manipulating and maintaining data files using commercially available software (MS Excel, MS Access, Fair Lending Wiz, MapInfo).

• Developing statistical models, including random sampling methods, to determine and identify potential discriminatory practices.

• Performing economic and statistical analyses (including difference of means, difference of proportions and multiple regression analyses) using MS Excel, MS Access, and Fair Lending Wiz.

• Presenting initial, interim and final results of data analysis in a manner accessible to non-technical audiences, including non-technical staff at the Department and industry representatives.

• Analyzing exam findings with examiners to determine whether patterns of discriminatory practices exist.

• Assisting PRSs with special projects and lending technical expertise and support to these projects.

• Discussing software tools employed by examination staff with the Department’s federal regulatory peers and maintaining a working dialogue with these peers about statistical models utilized to insure interagency coordination.

Additional Comments Appointment to this position is pending Division of Budget approval to fill

Some positions may require additional credentials or a background check to verify your identity.

Name Caroline Westbrook

Telephone

Fax (212) 709-5450

Email Address Caroline.Westbrook@dfs.ny.gov

Address

Street One State Street

City NYC

State NY

Zip Code 10004

 

Notes on ApplyingTo Apply: Interested qualified candidates must submit a resume and letter of interest no later than July 12, 2016 to the email address listed below. Please include the Box # (Box CEU-02745) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.

Caroline Westbrook
Box CEU-02745
New York State Department of Financial Services
Office of Human Resources Management
One State Street, 2nd Floor
New York, NY 10004
Email: Caroline.Westbrook@dfs.ny.gov
Fax: (212) 709-5450

All candidates that apply may not be scheduled for an interview

AMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONS
Under the Americans with Disabilities Act (ADA), the Department of Financial Services is required to provide reasonable accommodation for known physical or mental limitations of an otherwise qualified applicant with a disability if an accommodation would enable the applicant to perform the essential functions of the job. If the accommodation would constitute an undue hardship on the operations of the agency, the agency is not required to provide it.

Printable Version