Treasury CIO, System IT Executive

Federal Reserve System•St. Louis, MO

About The Position

Technology support across the FRS (“System IT”) is functionally unifying and organizationally aligning to business line customers and enterprise shared services. This System IT executive leadership role within the Federal Reserve System (FRS) involves managing the FRS Treasury IT portfolio. The Treasury Business Line CIO reports to the System CIO and partners with the FRS Treasury Director, overseeing enterprise-level technology to ensure efficient and effective delivery of capabilities and services. Key responsibilities include creating the vision, formulating the strategy, and setting the enterprise direction for common processes and architectures aligned with System IT policies, driving cross-portfolio standardization, and implementing consistent management practices. The position requires representing technology interests on relevant business committees, collaborating with other portfolio System IT Executives to identify efficiencies through tool rationalization and shared services, and serving as liaison between System IT and business line leadership. This role presents an opportunity to shape System IT strategy while fostering cultural integration between System IT and local Reserve Bank priorities within a matrixed organization. The Treasury Business Line CIO will be responsible for broadly managing the FRS Treasury IT portfolio, which currently includes more than 30 applications and eight hosting platforms at an annual cost of approximately $425 million. The Treasury Business Line CIO will be responsible for 1) managing the enterprise-level Treasury technology portfolio to achieve efficiency (cost) and effectiveness (risk mitigation) and ensure the FRS delivers on commitments to Treasury; 2) partnering with the Fiscal Service CIO to ensure common methods, tools, and architecture standards for the Treasury portfolio in alignment with Treasury’s Bureau of the Fiscal Service (Fiscal Service) and System IT guidelines; 3) identifying opportunities for resource sharing and efficiencies across the FRS Fiscal Agent Reserve Banks; and 4) ensuring common program management practices are leveraged to deliver Treasury initiatives . The Treasury Business Line CIO will partner with the Fiscal Service CIO, Treasury Relations and Support Office (TRSO), FRS Treasury Directors Committee (TDC) and the FRS Treasury business leaders to ensure business strategies are delivered and enabled via effective technology delivery. The Treasury Business Line CIO will work with these groups to continue to build upon the existing processes, practices, and standards established for the FRS Treasury Support IT enterprise, including the rollout and adoption of the Treasury Technology Framework that will lead to greater standardization and consistency with Fiscal Service and System IT standards. The Treasury Business Line CIO will regularly report status and escalate issues, when needed, to the Enterprise Treasury Committee (ETC) and/or Payments Committee.

Requirements

10+ years senior executive experience (GVP/SVP/EVP or equivalent) leading large organizations, with the presence to build confidence and strong stakeholder relationships.
Significant relevant experience of the FRS Treasury portfolio, including deep understanding of its mission objectives, service delivery models, proven stakeholder relationships, and technological infrastructure.
Bachelor’s degree in related discipline or equivalent experience.
Deep technical expertise in designing and operating complex solutions with modern approaches, complemented by awareness of emerging IT industry trends.
Strategic direction-setting capabilities with demonstrated ability to deliver on established goals
Collaborative leadership style balanced with decisive action when required.
Proven ability to build and integrate teams across multiple organizational cultures while developing and maintaining business relationships with diverse constituents.
Strong understanding of the business lines’ mission and vision, most notably operational requirements and how that translates into technology design, management, resiliency, and operations.
Strong communication skills with the ability to effectively communicate complex, technical tops to a wide array of business stakeholders.
Demonstrated ability to manage geographically diverse and dispersed teams.
Exceptional collaborator with the ability to manage a diverse group of stakeholders and support effective decision making and prioritization.
This position requires physical residency and employment in a district aligned with the portfolio’s IT and business needs.
Eligibility for this specific position requires U.S. Citizenship.

Nice To Haves

An advanced degree is preferred.

Responsibilities

Develop and align technology delivery strategies with business objectives, ensuring efficiency and quality while maintaining consistency with System IT strategic plans.
Implement the principle of "common where possible, unique where necessary" and track performance through metrics that are regularly reported to governance bodies.
Serve as the primary IT executive responsible for the technology portfolio, managing relationships with senior Treasury and FRS leadership and acting as the strategic technology advisor.
Collaborate with Fiscal Service CIO and System IT leadership, partner with the Reserve Bank executive team, and coordinate with external service providers to ensure aligned end-to-end solutions.
Drive a comprehensive enterprise architecture that standardizes technologies and practices to reduce costs and risks while maintaining modern capabilities.
Develop forward-looking architecture patterns, align with System IT's strategic direction, and foster a culture of enterprise service adoption across portfolios.
Manage the FRS Treasury IT budget in collaboration with business stakeholders, including TRSO Finance, and the System IT CFO.
Maintain a comprehensive view of IT investments to facilitate strategic decision-making and identify opportunities to rationalize technologies for long-term efficiency.
Build a high-performing IT workforce through strategic talent decisions and HR partnership.
Foster talent mobility, career development, and succession planning while navigating diverse employment policies across Reserve Banks.
Maintain cultural identity while sponsoring career advancement and promoting continuous learning.
Maintain secure and reliable IT solutions by partnering with the System CISO to ensure compliance with security standards and policies.
Foster a strong risk management culture in coordination with business line risk functions to proactively identify and address IT risks.