Policy Analyst

South Dakota State Government; Pierre (SD); On-site; USD 60,000 - 80,000; Full time

Benefits offered by this job

Health Insurance

Well-Being Program

Employee Assistance Program

Dental Insurance

Vision Insurance

Health Savings Account

Basic Life Insurance Coverage

South Dakota Retirement System

Vacation Leave

Sick Leave

Paid Family Leave

Military Leave

11 Paid Holidays

Longevity Pay

Semimonthly Pay Periods

Job summary

The South Dakota Division of Banking seeks a Policy Analyst in Pierre or Sioux Falls to develop, maintain, and implement internal licensing processes for banking, trust, and financial services regulation.

Ideal candidates will apply analytical judgment to ensure compliance with federal and state laws while coordinating with regulators, applicants, and the public. This role requires strong communication and organizational skills.

Qualifications

• handle multiple priorities
• maintain strict confidentiality
• organize and coordinate activities and a variety of processes and information
• communicate information concisely and efficiently
• be highly motivated and self-starting
• compose a general business letter
• exercise tact, patience and discretion in communicating and dealing with persons of varying backgrounds and personalities

Responsibilities

• Manage internal information system to ensure integrity of licensee information.
• Maintain efficient interaction between internal databases and a nationwide licensing system owned by the states.
• Extract licensee information and run reports from databases to support licensee monitoring and examination functions.
• Review and update reporting processes to ensure the Division has the information necessary to monitor its licenses.
• Develop and maintain policy and procedure manuals related to licensing processes and databases.
• Recommend changes to Division processes, rules and state laws to keep up with changes in federal law and policy.
• Daily interaction with Division staff, license applicants, licensed companies and the general public.
• Answer telephones and licensing questions.
• Assist Division staff in the licensing of money lenders, mortgage lenders, and money transmitters.
• Review documents, forms, data and files to ensure accuracy and completeness.

Skills

Analytical thinking

Effective communication

Education

Bachelor's degree in banking, finance, accounting, or related field

Job description

The South Dakota Division of Banking regulates the state's banking, trust, and financial services industries to assure that our citizens have confidence in our state's financial markets and services. We are seeking an inquisitive individual with analytical and communication skills to join our team of professionals.

Policy Analyst

The Policy Analyst develops, maintains, and implements internal processes and procedures to allow companies to be licensed and renewed in an efficient manner. Work involves performing a wide variety of analysis and review functions, which require the applicant to have sound independent judgment and discretion. This position interacts directly with fellow state regulators to ensure the Division's policies and procedures are consistent with federal law, state law, and state‑to‑state agreements.

• Manage internal information system to ensure integrity of licensee information.
• Maintain efficient interaction between internal databases and a nationwide licensing system owned by the states.
• Extract licensee information and run reports from databases to support licensee monitoring and examination functions.
• Review and update reporting processes to ensure the Division has the information necessary to monitor its licenses.
• Develop and maintain policy and procedure manuals related to licensing processes and databases.
• Recommend changes to Division processes, rules and state laws to keep up with changes in federal law and policy.
• Daily interaction with Division staff, license applicants, licensed companies and the general public.
• Answer telephones and licensing questions.
• Assist Division staff in the licensing of money lenders, mortgage lenders, and money transmitters.
• Review documents, forms, data and files to ensure accuracy and completeness.

Location and Travel

The location of this position is Pierre or Sioux Falls. Employees in Sioux Falls will be required to travel to Pierre for initial and ongoing training.

Benefits

• Health Insurance ($0 employee‑only premium option)
• Well‑Being Program
• Employee Assistance Program
• Dental Insurance
• Vision Insurance
• Health Savings Account
• Basic Life Insurance Coverage (free to employees)
• Membership in the South Dakota Retirement System
• Vacation Leave (15 paid vacation days per year)
• Sick Leave (14 paid sick days)
• Paid Family Leave (40 hours per week for twelve weeks for birth or adoption of a child)
• Military Leave (15 paid days per calendar year)
• 11 Paid Holidays
• Longevity Pay
• Semimonthly Pay Periods

Ideal Candidate

A bachelor's degree in banking, finance, accounting, or a related field is preferred. The candidate should have the ability to:

• handle multiple priorities;
• maintain strict confidentiality;
• organize and coordinate activities and a variety of processes and information;
• communicate information concisely and efficiently;
• be highly motivated and self‑starting;
• compose a general business letter;
• exercise tact, patience and discretion in communicating and dealing with persons of varying backgrounds and personalities.

Additional Requirements

To be considered, please attach your letter of interest, post‑secondary transcripts, and resume.

This position is eligible for Veterans' Preference per ARSD 55:10:02:08. Successful applicant(s) will be required to undergo a background investigation. An arrest/conviction record will not necessarily bar employment.

If you possess a National Career Readiness Certificate, please submit the certificate with your application. A certificate is not necessary to be considered.

The State of South Dakota does not sponsor work visas for new or existing employees. All persons hired will be required to verify identity and eligibility to work in the United States and complete an Employment Eligibility Verification, Form I‑9. The State of South Dakota as an employer will be using E‑Verify to complete employment eligibility verification upon hire.

Must apply online. E‑mailed resumes or submissions will not be accepted. Application link: https://gen-stateofsouthdako-trn.inforcloudsuite.com/hcm/xmlhttp/shorturl.do?key=4DJ

An Equal Opportunity Employer