Sr Economic & Policy Analyst

Position: SR ECONOMIC & POLICY ANALYST
Department

Department of Administration

Division

Accounting/Finance

Salary

$89,679.00 - $

Job Profile

JC-- Senior Economic & Policy Analyst (Non-Union Executive Branch)

Scheduled Work Days & Work Hours

Monday - Friday, 8:30am - 4:00pm

35 Hours - Non-Standard

Job

Requisition Number

JR103316 SR ECONOMIC & POLICY ANALYST (Open)

Pay Grade

C00134 A

Classification

Senior Economic & Policy Analyst

Class Definition

GENERAL STATEMENT OF DUTIES:
At a significant level of expertise, to undertake professional special and recurring assignments involving analysis and research of complex and critical issues impacting the state budget, regulation, or policy structures including, but not limited to, forecasting revenue and budget drivers such as program growth and/or enrollment, evaluating expenditures and investments; with a significant level of latitude and independence, to assess, initiate, and interpret governmental economic factors and policy in order to perform cost-benefit analysis and research of a quantitative and qualitative nature used to develop state government policy and programs and evaluate their effect;

to determine the impact of legislation proposed by the Governor and/or General Assembly; and to do related work as required.

SUPERVISION RECEIVED:
Works under the direction of a superior with latitude for the exercise of initiative and independent judgment in the utilization for professional standards and techniques; work is reviewed through conferences and reports upon completion for results obtained and for conformance to law, rules and regulations, instructions, objectives and departmental policies.

SUPERVISION EXERCISED:
May supervise less experienced personnel assigned to assist on a regular project basis or; ensures that work products are developed in a qualitative and timely manner.

ILLUSTRATIVE EXAMPLES OF WORK PERFORMED:

* At a significant level of expertise, to undertake professional special and recurring assignments involving analysis and research of complex and critical issues impacting the state budget, regulation, or policy structures including, but not limited to, forecasting revenue and budget drivers such as program growth and/or enrollment, evaluating expenditures and investments.

* With a significant level of latitude and independence, to assess, initiate, and interpret governmental economic factors and policy in order to perform cost-benefit analysis and research of a quantitative and qualitative nature used to develop state government policy and programs and evaluate their effect.

* To provide a high level of expertise in research design, analysis and data needed to examine issues, trends and program evaluations.

* To assist and act in a confidential capacity to managers who formulate, determine and effectuate management policies, program structures, fiscal and budgetary funding and allocations.

* To perform complex analysis of statewide multidisciplinary operational issues by utilizing econometric and other statistical methods to assess and forecast revenue associated items and expenditure drivers and apply data analysis protocols to reach accurate conclusions.

* To interpret and apply policies, business practices, federal or state laws and regulations, etc. in performing policy analysis.

* To identify, analyze and estimate the impact, including the economic impact through the use of economic models, of changes in policy, business practices, program performance, federal or state laws and regulations, etc. to existing programs or the establishment of new programs.

* To estimate the impact on the state budget of program and policy changes and the impact of legislation proposed by the Governor and/or the General Assembly.

* To utilize research data in order to make recommendations to policy officials to improve existing programs, combine programs, utilize resources and determine the net impact and feasibility of such proposed changes.

* To write policy and position memos, technical reports or other documents based upon research, investigation or analysis.

* To present analysis results and make recommendations to policy officials with information necessary to make informed decisions and take appropriate action on specific state program operations, issues and policies.

* To develop recommendations designed to improve efficiency and effectiveness.

* As required, contacts key management to explain proposals, resolve differences, secure coordination and cooperation in current and proposed studies.

* To attend meetings with appropriate personnel to discuss recommendations and related implementation issues, as required.

* To do related work as required.

REQUIRED QUALIFICATIONS FOR APPOINTMENT:

KNOWLEDGES, SKILLS AND CAPACITIES: A thorough knowledge of the principles and practices of policy analysis including policy development, coordination, economic analysis, cost benefit analysis and implementation; a thorough knowledge of the organizational structures common in government and the functions of departments and agencies therein; a…