Policy Analyst

State of South Dakota; Sioux Falls (SD); On-site; USD 34,440 - 39,950; Full time

Benefits offered by this job

Health Insurance ($0 employee‑only)

Well‑Being Program

Employee Assistance Program

Dental Insurance

Vision Insurance

Health Savings Account

Life Insurance

South Dakota Retirement System

Vacation Leave

Sick Leave

Paid Family Leave

Military Leave

Holidays

Longevity Pay

Semimonthly Pay Periods

Job summary

The South Dakota Division of Banking is seeking a Policy Analyst to join our team in Pierre or Sioux Falls. The ideal candidate will analyze regulatory issues, communicate clearly, and support licensing and enforcement activities.

Responsibilities include managing licensee information, running reports, updating policy manuals, and coordinating with staff, licensees, and the public. We offer a robust benefits package and a path for professional growth.

Qualifications

• A bachelor’s degree in banking, finance, accounting, or a related field is preferred.
• Ability to handle multiple priorities and maintain confidentiality.
• Strong written and oral communication skills.
• Willingness to learn and adapt to regulatory changes.

Responsibilities

• Manage internal information system to ensure integrity of licensee information.
• Maintain interaction between internal databases and 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 necessary information 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 answer 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

Handle multiple priorities

Maintain strict confidentiality

Organize and coordinate activities

Communicate information concisely

Self-motivated and proactive

Compose business letters

Discretion with diverse backgrounds

Education

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

Job description

Policy Analyst

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.

Job Information

Agency: Department of Labor & Regulation - Division of Banking

Location: Pierre or Sioux Falls, SD

Salary: $25.69 to $28.88 per hour, depending on qualifications

Pay Grade: I

Position Type: Full-Time 40 hours per week

Closing Date: Open until filled

Duties Include

• Manage internal information system to ensure integrity of licensee information.
• Maintain efficient interaction between internal databases and 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 necessary information 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 answer 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.

What We Offer To You Beyond The Paycheck

• 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.

Candidate Should Have

• 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.

Applicants must verify identity and eligibility to work in the United States and complete an Employment Eligibility Verification, Form I‑9. The State of South Dakota uses E‑Verify.

Applicants who possess a National Career Readiness Certificate may submit it with their application. A certificate is not necessary to be considered.

The State of South Dakota is an Equal Opportunity Employer.