New York State Department of Financial Services
Senior Attorney, SG-25
New York State Department of Financial Services, New York, New York, us, 10261
Base pay range: $66,951.00/yr - $121,413.00/yr
New York State Department of Financial Services provides pay range information based on skills and experience.
Description
The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports businesses. Through engagement, data‑driven regulation and policy, and operational excellence, the Department protects consumers from financial harm, ensures the health of regulated entities, drives economic growth in New York, and preserves stability of the global financial system. Duties
Acts as an advisor and Senior Counsel to the Deputy Superintendent for Limited Purpose Trusts. Works closely with the supervision and examination functions within the LPTC teams to evaluate statutory and regulatory factors to be considered in the review of requests for material changes in the operation of LPTCs, changes of control, and de novo charters. Leverages strong written skills to generate a strong written record of discussions and decisions related to the supervision of regulated LPTCs. Leverages strong verbal skills when acting as a liaison with financial institutions, other regulatory agencies, and law firms on matters relating to pending and in‑process requests and decisions. Coordinates between unit teams within the Division and among cross‑functional teams. Works as part of a review team that works with EICs, LPTC directors, assistant deputy, and the deputy to review/edit reports of examination and edit or draft other division produced documents. Addresses legal issues in financial services, including those related to New York banking law and regulations related to LPTCs, fintech, decentralized finance and other emerging financial products and technologies; provides legal analysis and counsel in the development of policy documents. Supports the build‑out and/or enhancements of internal policies and procedures related to the LPTC processes. Counsels on potentially critical and highly controversial issues affecting the LPTC industry. Remains up‑to‑date on applicable laws and regulations, including those that deal with Virtual Currency. Completes other duties as assigned. Minimum Qualifications
Senior Attorney, SG‑25: One year as an Assistant Attorney 3 or admission to the NYS Bar and two years of subsequent professional legal experience. Assistant Attorney 3, SG‑22: One year as Assistant Attorney 2 or admission to the NYS Bar and one year of subsequent professional legal experience. Assistant Attorney 2, SG‑20: Admission to NYS Bar. Assistant Attorney 1, SG‑18: Law School Graduation (or other eligibility to take the NYS Bar Examination). Note: If you are appointed as an Assistant Attorney 1, you will be automatically advanced to Assistant Attorney 2 upon admission to the New York State Bar. If you are not admitted to the New York State Bar within two years of appointment, your appointment will be terminated. The Traineeship: If you are appointed to one of the entry levels of the Attorney Traineeship, you will normally be advanced after each twelve months of satisfactory service to the next higher title (with salary based on performance) until you reach the full performance level of a Senior Attorney. If your final performance evaluation as an Assistant Attorney 2, and your six‑month performance evaluation as an Assistant Attorney 3 are rated outstanding, you may be eligible for early advancement to Senior Attorney, reducing your traineeship by six months. All service during the traineeship will be in probationary status. Performance will be evaluated every six months against established standards set by the individual agencies which reflect a timetable for gaining the knowledge and skills necessary so that appointees are able to function at the Senior Attorney level at the completion of the traineeship. Seniority level
Mid‑Senior level Employment type
Full‑time Job function
Legal
#J-18808-Ljbffr
The New York State Department of Financial Services seeks to build an equitable, transparent, and resilient financial system that benefits individuals and supports businesses. Through engagement, data‑driven regulation and policy, and operational excellence, the Department protects consumers from financial harm, ensures the health of regulated entities, drives economic growth in New York, and preserves stability of the global financial system. Duties
Acts as an advisor and Senior Counsel to the Deputy Superintendent for Limited Purpose Trusts. Works closely with the supervision and examination functions within the LPTC teams to evaluate statutory and regulatory factors to be considered in the review of requests for material changes in the operation of LPTCs, changes of control, and de novo charters. Leverages strong written skills to generate a strong written record of discussions and decisions related to the supervision of regulated LPTCs. Leverages strong verbal skills when acting as a liaison with financial institutions, other regulatory agencies, and law firms on matters relating to pending and in‑process requests and decisions. Coordinates between unit teams within the Division and among cross‑functional teams. Works as part of a review team that works with EICs, LPTC directors, assistant deputy, and the deputy to review/edit reports of examination and edit or draft other division produced documents. Addresses legal issues in financial services, including those related to New York banking law and regulations related to LPTCs, fintech, decentralized finance and other emerging financial products and technologies; provides legal analysis and counsel in the development of policy documents. Supports the build‑out and/or enhancements of internal policies and procedures related to the LPTC processes. Counsels on potentially critical and highly controversial issues affecting the LPTC industry. Remains up‑to‑date on applicable laws and regulations, including those that deal with Virtual Currency. Completes other duties as assigned. Minimum Qualifications
Senior Attorney, SG‑25: One year as an Assistant Attorney 3 or admission to the NYS Bar and two years of subsequent professional legal experience. Assistant Attorney 3, SG‑22: One year as Assistant Attorney 2 or admission to the NYS Bar and one year of subsequent professional legal experience. Assistant Attorney 2, SG‑20: Admission to NYS Bar. Assistant Attorney 1, SG‑18: Law School Graduation (or other eligibility to take the NYS Bar Examination). Note: If you are appointed as an Assistant Attorney 1, you will be automatically advanced to Assistant Attorney 2 upon admission to the New York State Bar. If you are not admitted to the New York State Bar within two years of appointment, your appointment will be terminated. The Traineeship: If you are appointed to one of the entry levels of the Attorney Traineeship, you will normally be advanced after each twelve months of satisfactory service to the next higher title (with salary based on performance) until you reach the full performance level of a Senior Attorney. If your final performance evaluation as an Assistant Attorney 2, and your six‑month performance evaluation as an Assistant Attorney 3 are rated outstanding, you may be eligible for early advancement to Senior Attorney, reducing your traineeship by six months. All service during the traineeship will be in probationary status. Performance will be evaluated every six months against established standards set by the individual agencies which reflect a timetable for gaining the knowledge and skills necessary so that appointees are able to function at the Senior Attorney level at the completion of the traineeship. Seniority level
Mid‑Senior level Employment type
Full‑time Job function
Legal
#J-18808-Ljbffr