Jobs in the New York State Department of Financial Services
What is the Department of Financial Services? Well, it is an agency of the U.S. government that was established in 1978 by the Banking Act of Barbados. The main function of this department is to promote and provide financial solutions for consumers, business and communities. It also implements and promotes a financial policy for the nation as a whole. It exists to protect the interest of all parties involved in the financial industry.
It is important to understand what financial services are before delving into the subject of New York City criminal attorney's services. Although most people are familiar with consumer protections such as fair debt collection laws and the Fair Credit Bill of Rights, few people know about the role that the Department of Financial Services plays in regulating all aspects of financial activities. For example, you may not realize it, but the FDFS insures all of the world's major financial institutions from bankruptcy, including the New York Stock Exchange, the Federal Reserve, the Department of the Treasury, the Commodity futures Trading Commission, and many other financial institutions and entities.
You will never find enforcement of accounting fraud in New York unless you go down to New York City and start asking the brokers and employees themselves if they are fraud free. Most people are simply too afraid to ask this question because of all the negative press that the New York Stock Exchange has received recently. However, there is good news, the FDFS is doing its job and investigating and prosecuting financial fraud cases that have been perpetrated on the New York Stock Exchange and its members. This is great news indeed.
Let's discuss the division of the Department of Financial Services that supervises and enforces the financial services industry in New York State. Digital Waves that handle consumer financial products such as credit cards and loans. Among these agencies are the New York State Attorneys General, the Office of the Comptroller of the Currency, and the Office of the Law Department. It is these agencies that have a responsibility for protecting the consumer from deceptive or fraudulent financial products, including stock scams and other investment scams. If you want to become an attorney or an insurance agent and work in the New York State Department of Financial Services, then you need to be licensed through one of the state boards.
You will find two types of New York State Attorneys General. There are the down market and the up market Attorneys General. When you want to become an attorney general, you will need to have a law degree from an accredited university or college. You can also take courses towards your undergraduate degree at an accredited university or college to further your education while you work toward becoming an attorney general. Many times lawyers start out working in the public sector and then go on to work in the private sector. For instance, you can start as an assistant to a state attorney general and then become a prosecutor.
When you get out of law school, you can look for jobs in the public sector or go back to school and get an MBA to go with your law degree. Many states require an MBA, but not all states do. Once you finish your degree, you can go into private practice and begin to focus on financial products services, accounting or other related areas of public responsibility. It is your choice and it is up to you to decide how much time you want to devote to your career as an attorney general.
The Financial Services Division in New York State has specific laws regarding the financial products services industry. The most important part of this division is the Office of the Comptroller of the Currency, which regulates all banking matters within the New York State area. You will find this office address at the bottom of any New York State documents. If you are interested in working as an accountant or other financial industry employee, you will need to obtain your state licensing from the New York State Board of License or the Department of Financial Services.
These are just a few of the most popular jobs in the financial crime and justice field. You can find more information about the various criminal justice positions that are available on the internet. Some of the jobs that you may be interested in studying include forensic accountants, debt collectors, attorneys, fraud investigators, government regulators, public fraud investigators, and securities fraud investigators. The financial industry is very diverse and you should have no problem finding a job in the financial sector.