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New York State Department of Financial Services — Investigations entry pay
What this agency pays a new officer to start, and how that compares with the rest of the country.
Entry pay onlyEvery salary here is what an officer is paid on day one, out of the academy — base pay on a 40-hour week, with no overtime, shift differential, specialty or education pay counted. Nobody stays on it.
New York State Department of Financial Services — Investigations starts at $86,681 a year — about $41.67 an hour on a 2,080-hour year, before overtime. That is $19,996 above the median of the 2,288 agencies on this list, and $21,515 above the median for state agencies.
Cost of livingPrices in New York run about 8% above the national average, so this is worth roughly $80,319 somewhere at average prices — $6,362 less than the headline figure. Most of that is utilities, at 134 against a national average of 100, where goods are 107. Based on state-wide price levels, because this agency is not tied to a single metro area, from the U.S. Bureau of Economic Analysis, 2024. The salary above is what the employer publishes; this line is our arithmetic on it, and nothing on this site is ranked on it.
What New York State Department of Financial Services — Investigations says about itself
The Consumer Protection and Financial Enforcement Division of the Department of Financial Services combats fraud with respect to financial products and services and enforces the provisions of the New York Banking, Insurance, and Financial Services Laws and the regulations promulgated thereunder. Its Criminal Investigations Bureau investigates criminal violations of the New York Insurance and Banking Laws, the Penal Law, the Bank Secrecy Act, the USA PATRIOT Act and additional state and federal money laundering statutes. In the furtherance of criminal investigations, the Criminal Investigations Bureau and the Insurance Frauds Bureau also issue administrative subpoenas and respond to grand jury subpoenas and other requests for assistance from law enforcement and prosecutorial agencies, including by providing industry expertise through staff investigators and examiners, working with agencies at the federal, state, county, and local levels. The Insurance Frauds Bureau is headquartered in New York City, with offices in Garden City, Albany, Syracuse, Rochester and Buffalo.
What New York State Department of Financial Services — Investigations does
New York State Department of Financial Services investigators conduct statewide financial-services investigations, develop evidence, interview witnesses and subjects, prepare investigative reports, assist prosecutions and testify in administrative and court proceedings. The position is designated as a New York peace officer.
Where the figure comes from
Checked 8 August 2026. New York StateJobsNY — Department of Financial Services Investigator 1 — open the source document
$86,681.
Entry-level base salary only. Overtime, bonuses, education incentives, shift
differentials, locality pay and lateral rates are excluded, so most officers earn more
than this.
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How this level compares
Where New York State Department of Financial Services — Investigations sits is partly about the agency and partly about which level of policing it belongs to. The three levels do not pay the same.
| Level | Lowest | Median | Highest | Agencies |
|---|---|---|---|---|
| Municipal | $33,280 | $68,140 | $163,619 | 1549 |
| County | $35,000 | $63,565 | $132,263 | 516 |
| Special jurisdiction | $31,200 | $60,204 | $107,954 | 71 |
| State | $33,994 | $65,166 | $110,916 | 145 |
| Federal | $70,477 | $73,502 | $86,530 | 5 |
| Territory | $16,640 | $28,236 | $43,354 | 9 |
Federal agencies pay the most to start
The middle federal agency starts at $73,502 — about $5,400 more than the middle municipal agency and about $9,900 more than the middle county agency and about $13,300 more than the middle special jurisdiction agency and about $8,300 more than the middle state agency and about $45,300 more than the middle territory agency. New York State Department of Financial Services — Investigations starts at $86,681, so $21,515 above the state middle.
How it ranks
Common questions
How much does a New York State Department of Financial Services — Investigations officer make?
New York State Department of Financial Services — Investigations starts a new officer on $86,681 a year, about $41.67 an hour on a 2,080-hour year. That is base salary before overtime, bonuses, education incentives, shift differentials and locality pay, so most serving officers earn more. The figure comes from New York StateJobsNY — Department of Financial Services Investigator 1.
Is that good pay for a police officer in New York?
It ranks #1 of 27 agencies we have verified in New York — the highest in the state in the state — and #328 of 2,288 nationally. Against the national median it is $19,996 above, and against other state agencies $21,515 above.
Compare with another department
Put New York State Department of Financial Services — Investigations side by side with any other agency on the site — the two salaries, what each is worth once local prices are counted, and which comes out ahead.
The agencies either side of it
Other agencies in NY
| # | Agency | Level | Sworn # | Entry pay | Vs New | National |
|---|---|---|---|---|---|---|
| 2 | New York State Police | State | 5,373 | $82,608 | −$4,073 | #415 |
| 3 | New York State Park Police | State | 269 | $73,796 | −$12,885 | #726 |
| 4 | Onondaga County Sheriff's Office | County | 217 | $71,764 | −$14,917 | #830 |
| 5 | Yonkers Police Department | Municipal | 625 | $70,229 | −$16,452 | #923 |
| 6 | Erie County Sheriff's Office | County | 175 | $69,274 | −$17,407 | #974 |
| 7 | Livingston County Sheriff's Office | County | 66 | $67,808 | −$18,873 | #1,067 |
| 8 | New York State Department of Environmental Conservation — Forest Rangers | State | — | $67,796 | −$18,885 | #1,068 |
| 9 | Yates County Sheriff's Office | County | 27 | $66,389 | −$20,292 | #1,170 |
| 10 | Hempstead Village Police Department | Municipal | 128 | $65,254 | −$21,427 | #1,240 |
| 11 | Albany Police Department | Municipal | 269 | $65,066 | −$21,615 | #1,252 |
| 12 | Clarkstown Police Department | Municipal | — | $64,783 | −$21,898 | #1,276 |
| 13 | Rochester Police Department | Municipal | 622 | $63,812 | −$22,869 | #1,331 |
Base pay is only part of the year
Whatever the figure above, the rotation is what decides your year — which weekends you lose, when the changeovers land, what you can plan around. Save yours once and BlueShifts shows it a year ahead, with the off-duty jobs you take and what each one paid.
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