Closing Date: 29th April, 2024
Description:
Minimum Qualifications
Appointment method:
Candidates must meet the minimum qualifications listed below in order to be eligible for appointment.Non-Competitive: Admission to the New York State Bar and four (4) years of legal experience subsequent to admission to the NYS Bar. Legal experience must be in one or more of the following fields:
- Litigation or financial industry investogations;
- Corporate mergers, dissolutions, stockholder meetings and other related corporate actions;
- Commercial financial documentation and negotiation;
- Bank regulatory experience;
- Insurance regulatory and legislative experience;
- Prosecutorial experience gained in a city, state, or federal law enforcement or administrative agency that regularly condicts civil enforcement action in financial and commercial matters.
A Master's degree in law with a concentration in Banking Law, Insurance Law, Financial Services Law, Corporate Law, or international legal studies may substitute for two years of the 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 is seeking candidates for the position of Associate Attorney (Financial Services) in the Office of General Counsel. Duties include, but are not limited to, the following:
- Analyzes policies and procedures resulting from legislative or administrative actions and the impact on industries regulated by the Department. Assist in the development of standards;
- Researches and analyzes State and federal statutes and regulations and their effects upon the business activities of financial services entities with regard to the public and/or other financial services entities;
- Processes subpoenas and other process received by the Department;
- Oversees litigation involving the Department, as needed;
- Evaluates submissions to the Department and make findings of fact and conclusions of law;
- Assists with policy and practical matters concerning the oversight of regulated companies doing business in New York;
- Assists with matters of legislative and regulatory affairs, including becoming a subject matter expert on topics where needed;
- Oversees contractual arrangements between the department and financial services providers and furnish technical assistance to and ongoing oversight of such programs or contacts;
- Oversees administrative proceeding involving persons regulated by the Department of Financial Services;
- Prepares written material in the form of reports, oral briefings, correspondence and other documents related to the program functions and policy initiatives; and
- Other duties assigned
