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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 Virtual Currency Application Analyst in the Limited Purpose Trust Unit within the Research & Innovation Division. The Virtual Currency Application Analyst serves as a specialist for the application team for Limited Purpose Trust, including companies seeking charters enabling them to engage in virtual currency business activities. Travel may be required within and outside New York State. Duties include, but are not limited to, the following: • Prepares comprehensive summaries of reviews done in support of applications and tracks progress throughout the lifecycle of an application; • Supports the supervision of Limited Purpose Trust Charters, for compliance with relevant laws, regulations, guidance, and supervisory expectations; • Maintains all institution files in shared records locations and ensures senior staff have access to relevant information; • Supports the build-out of or enhancements to internal policies and procedures related to applications, supervision, and examination processes; • Remains up-to-date on best practices and laws and regulations of financial institutions, including those that deal with Virtual Currency, including skills involving blockchain monitoring and blockchain analytics; transaction sampling for purposes including the validation of transaction monitoring and sanctions screening systems; the verification of claimed Virtual Currency holdings; validation of stablecoin backing assets; auditing of the self-certification of coin listings by regulated companies; and observation of the application of anti-fraud and market-manipulation policies and procedures; • Reviews and processes applications for Limited Purpose Trust Charters and participates in the oversight of regulated entities, including applications to adopt material changes of business; • Communicates with and presents to senior management, both orally and in written memoranda and presentations, analyzes issues and/or recommends DFS action on any issues encountered in connection with the above; and • Supports new initiatives around policy supervision and internal processes Minimum Qualifications Preferred Qualifications Experience in one or more of the following is helpful: • Virtual currency. • Bank Secrecy Act/Anti-money Laundering (BSA/AML), Office of Foreign Assets Control (OFAC), and related New York Banking laws, regulations, and best practices. • Cybersecurity laws, regulations, and issues. • Internal controls / governance. • Blockchain analytics software. Appointment method: Candidates must meet the minimum qualifications listed below in order to be eligible for appointment. Non-Competitive: A Bachelor's Degree in Accounting, Actuarial Science, Auditing, Business, Business Administration, Business and Technology, Commerce, Consumer Sciences, Computer Science, Criminal Justice, Economics, Econometrics, Finance, Information Systems, Information System Engineering, Internal Controls, Health, Health Administration, Law, Mathematics, Public Administration, Public Affairs, Public Health, or Public Policy and two (2) years of specialized experience in one of the following: • Evaluating the adequacy of board and management oversight of the financial institutions' compliance programs. • Reviewing lending, deposit, insurance and other transactions to determine compliance with Financial Service's applicable laws/regulations. • Identifying financial institutions' potentially unfair, deceptive, abusive or discriminatory acts or practices. • Reviewing financial institution programs, policies and procedures for compliance with legal and regulatory requirements. • Evaluating financial costs for the failure of financial services entities to adhere or comply with New York State, federal, or other states financial services laws. 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. Additional Comments Please note that a change in negotiating unit may affect your salary, insurance and other benefits. Salary: The starting salary for this position is $66,951 with periodic increases up to $85,138. 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 $4000 annual downstate adjustment. Appointment Status: Contingent Permanent Some positions may require additional credentials or a background check to verify your identity. Name Brian Tighe 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 December 15, 2025 to the email address listed below. Please include the Box # (Box VCAA-FSS1-10391) 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 Brian Tighe Box VCAA-FSS1-10391 New York State Department of Financial Services Office of Human Resources Management One Commerce Plaza, Suite 301 Albany, NY 12257 Email: NCE.Notifications@dfs.ny.gov Fax: (518) 402-5071 All candidates that apply may not be scheduled for an interview. Public Service Loan Forgiveness Employment 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-service 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. All people with disabilities are encouraged to apply to all jobs for which they meet the minimum qualifications.