NY HELP No Agency Financial Services, Department of Title Special Assistant for Virtual Currency Strategy, NS Occupational Category Financial, Accounting, Auditing Salary Grade NS Bargaining Unit M/C - Managerial/Confidential (Unrepresented) Salary Range From $123793 to $156224 Annually Employment Type Full-Time Appointment Type Permanent Jurisdictional Class Exempt Class Travel Percentage 0% Workweek Mon-Fri Hours Per Week 37.5 Workday From 8 AM To 6 PM Flextime allowed? No Mandatory overtime? No Compressed workweek allowed? No Telecommuting allowed? Yes County To Be Determined Street Address Albany- One Commerce Plaza NYC- One State Street City Albany/NYC State NY Zip Code 12257 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 Special Assistant for Virtual Currency Strategy in Limited Purpose Trust Unit within the Research and Innovation Division. The position reports to the Deputy Superintendent of Limited Purpose Trusts and provide technical expertise, strategic guidance, and support the supervision of Virtual Currency Limited Purpose Trust Companies. As a key advisor, the position will collaborate with the supervision and the examination teams as well as cross-functional teams and assist in decision-making of various innovative applications from regulated entities. Duties include, but are not limited to, the following:• Conducts technical evaluations of systems, processes, and compliance mechanism of new products and services from Virtual Currency Limited Purpose Trust Companies• Coordinates with the Supervision and Examination Teams for ongoing monitoring and conducting examination with respect to virtual currency activities of Virtual Currency Limited Purpose Trust Companies;• Monitors and assess risks associated with virtual currency markets, blockchain networks, and decentralized finance platforms;• Collaborates with shared services teams as needed and assist in the development, implementation, and interpretation of new regulatory industry guidance in virtual currency area;• Works with the limited purpose trust application team to review applications with respect to proposed virtual currency activities;• Stays abreast of trends in virtual currency markets, including the development of new products and services, virtual currency linked investments, the underlying technologies, data privacy, anti-money laundering initiatives, and updating stakeholders and agency management on a periodic basis;• Advises Deputy Superintendent of Limited Purpose Trust Companies on all matters falling within the scope of assigned responsibility and making necessary recommendations; and• Other duties as assigned. Minimum Qualifications Preferred Qualifications• Bachelors degree and at least 7 years’ experience in traditional finance, FinTech, or consulting related to digital assets with direct experience preferred.• Compliance, legal, or other relevant experience on matters related to virtual currencies, digital currencies, blockchain, distributed ledger technology.• Knowledge and experience related to the Department’s virtual currency regulations.Appointment method:This is an appointment to a position in the exempt jurisdictional class. As such, the incumbent of this position would serve at the pleasure of the appointing authority. Additional Comments Please note that a change in negotiating unit may affect your salary, insurance and other benefits.Salary: $123,793 - $156,224 (salary commensurate with experience)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 $3,400 annual downstate adjustment.Appointment Status: This is an appointment to a position in the exempt jurisdictional class.Appointment to this position is pending Governor Appointment’s Office and Division of Budget approval. Some positions may require additional credentials or a background check to verify your identity. Name Kara Waters Telephone Fax 518-402-5071 Email Address NCE.Notifications@dfs.ny.gov Address Street One Commerce Plaza Suite 301 City Albany State NY Zip Code 12257 Notes on Applying To Apply: Interested qualified candidates must submit a resume and letter of interest no later than March 31, 2025 to the email address listed below. Please include Box# (Box SAVCS-SA-00111) in the subject line of your email to ensure receipt of your application. Email submissions are preferred.Please be advised that the New York State Department of Financial Services does not offer sponsorship for employment visas.Kara WatersBox SAVCS-SA-00111New York State Department of Financial ServicesOffice of Human Resources Management One Commerce Plaza, Suite 301Albany, NY 12257Email: NCE.Notifications@dfs.ny.govFax: (518) 402-5071All candidates that apply may not be scheduled for an interview.Public Service Loan ForgivenessEmployment with New York State qualifies an individual for Public Service Loan Forgiveness (PSLF). This program forgives the remaining balance on any Direct Student Loans after you have made 120 qualifying monthly payments while working full-time for a U.S. federal, state, local, or tribal government or not-for-profit organization. To learn more about the program and whether you would qualify, please visit: https://studentaid.gov/manage-loans/forgiveness-cancellation/public-serviceAMERICANS WITH DISABILITIES ACT: REASONABLE ACCOMMODATIONSUnder 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.All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.