Policy Analyst - Licensing & Regulatory Compliance

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 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.