The Analyst, Policy Development will provide analytical and operational support for the public policy development, supervision, and/or enforcement processes within the CSBS policy and supervision department. The analyst will perform research and analysis in support of state regulators' public policy priorities related to banks, mortgage companies, money transmitters and other financial services providers. The individual will also assist in researching, analyzing and assessing federal regulatory and legislative proposals to determine the impact on these state regulated institutions, as well as state regulatory agencies. Essential Functions To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential functions. Other duties may be assigned to meet business needs.
- Researches and analyzes regulatory, legislative, and supervisory topics, proposals and studies, as well as financial services industry trends, that may impact the state regulatory and supervisory landscape.
- Drafts a range of policy-related material including issue briefs, summaries, white papers, testimony and comment letters to support state regulators' policy development process.
- Collaborates with internal and external stakeholders to research and develop policy positions on a wide range of legislative, regulatory and supervisory issues.
- Assists in developing and executing projects, meetings and conferences with state regulators, federal regulatory agencies, industry representatives, consumer advocates and academics.
- Serves as staff support for committees, working groups, and/or taskforces of the Policy and Supervision Business Unit.
- Supports state supervision and enforcement efforts, including integrating new and revised regulations or standards into supervisory and/or enforcement processes.
Additional Responsibilities
- Leverages economic and financial analyses to support the public policy development process.
- Participates in and assists with a number of special projects.
Minimum Qualifications To perform this job successfully, an individual should possess the knowledge, skills, and abilities listed and meet the amount of education, training and/or work experience required. Education and Experience
- A bachelor's degree in finance, business, economics, accounting, public policy or another business or government related field. A master's degree in law, public policy, business, finance, or accounting, a plus, but not required.
- Experience in a financial services regulatory agency (federal or state), trade association or financial institution in interpreting, analyzing and assessing federal/state bank procedures, regulations and statutes, a plus but not required.
Knowledge, Skills, and Abilities
- Legal and regulatory knowledge - Develops knowledge of the legal and regulatory landscape underlying the dual banking system, including knowledge of relevant federal banking laws, regulations, and legal precedent. Develops the ability to discern and gauge the impact of new and revised regulations and laws, including the jurisdictional impact for state regulators and the business impact on state-regulated institutions.
- Banking supervision and financial analysis - Becomes familiar with bank examination principles, practices, and financial reports, including the ability to analyze bank call reports and other regulatory data.
- Data analytics and macroeconomic principles - Learns and leverages key data sets to aid the policy research and analysis process.
- Organization and planning-Able to balance organizational needs with different timeframes; meet deadlines and keep processes moving at the appropriate pace; manage and prioritize multiple projects accurately and timely.
- Written communication - Able to write clearly and effectively present ideas, document activities and communicate information in a succinct and organized manner.
- Intellectual curiosity and responsiveness - Able to come up to speed quickly and respond to inquiries from regulatory agencies and members of the business community on policy issues.
- Meeting management/group facilitation - Able to facilitate meetings and build consensus among various parties.
- Results orientation - Able to work at a fast pace and meet critical deadlines.
Requirements
- Due to the nature of CSBS's business in support of state financial services supervision, all CSBS employees have the potential of interacting with confidential information related to the supervision of financial services companies ("Confidential Supervisory Information"). As a result, in addition to general business conflicts of interest, all CSBS employees are expected to disclose conflicts of interest in financial services companies on at least an annual basis and to proactively avoid such conflicts.
- Protect the confidentiality, integrity, and availability of CSBS information and information systems in accordance with CSBS policies and procedures.
Values Instilled Behaviors for Excellence (VIBE) At CSBS, work-life balance isn't just a policy; it's our VIBE! We recognize that our team members have lives that deserve attention and care. That's why we create strong, supportive relationships that help everyone grow both professionally and personally. We honor each other's expertise and speak the truth, even when it's a bit awkward. And guess what? This honesty creates a vibe of respect and trust that powers our efficiency and our excellence. It lets us chase those career goals while also nurturing our personal pursuits. At CSBS, you can thrive at work and at home-it's the best of both worlds! Just like a healthy work-life, collaboration is an essential part of CSBS's mission. In fact, it is the heartbeat of everything we do! We're all about pitching in, giving props to our colleagues, and having each other's backs. This allows us to push ourselves to our maximum potential and embrace those bold risks and innovative solutions. No matter what comes our way, our commitment to communication and teamwork strengthens us. We at CSBS are on mission and on the move, tackling all challenges together! Core Leadership Competencies Achievement Oriented Thinking
- Is a solutions-oriented thinker.
- Has good time management skills.
- Manages expectations of what is achievable.
Change Management
- Actively engages and participates during change.
- Asks questions and takes ownership for understanding why the change is happening and the risk of not changing actively.
- Adopts the new habits, monitors own performance and checks self against the objectives and seeks help when they don't match.
- Identifies and communicates obstacles and resistance.
Emotional Intelligence (Self-Awareness)
- Manages own emotions productively to stay in role.
- Handles emotionally charged situations productively and with empathy.
- Asks for and openly accepts feedback; looks for opportunities to grow.
- Conducts conversations courageously - hitting difficult issues head-on with an eye on maintaining relationships.
Working Conditions
- General office.
- Travel required approximately 10% of the time.
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