Treasury CIO, System IT Executive

Company
Federal Reserve Bank of Richmond

When you join the Federal Reserve-the nation's central bank-you'll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities.

Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth-along with a wide range of benefits and perks that support your health, wealth, and life. In addition to competitive compensation, we offer a comprehensive benefits package that includes tuition assistance, generous paid time off, top-notch health care benefits, child and family care leave, professional development opportunities, a 401(k) match, pension, and more. All brought together in a work environment where you can truly find balance.

About the Opportunity

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.

What You Will Do:

• Strategy: 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.

• Relationship Management: 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.

• Architecture: 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.

• Budget: 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.

• Talent Management: 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.

• Risk Management and Information Security: 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.

Qualifications:

• 10+ years senior executive experience (GVP/SVP/EVPor equivalent) leading large organizations, with the presence to build confidence and strong stakeholder relationships.
• Significant relevant experience of theFRS Treasury portfolio,including deep understanding of its missionobjectives, service delivery models, proven stakeholder relationships, and technological infrastructure.
• Bachelor's degree inrelateddiscipline or equivalent experience. An advanced degree is preferred.
• Deep technicalexpertisein designing and operating complex solutions with modern approaches, complemented by awareness of emerging IT industry trends.
• Strategic direction-setting capabilities withdemonstratedability to deliver on established goals
• Collaborative leadership style balanced with decisive action whenrequired.
• Proven ability to build and integrate teams across multiple organizational cultures while developing andmaintainingbusiness 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. Preferred locations for this role are Cleveland, Kansas City, Minneapolis, Richmond, St. Louis, as determined by the System CIO in consultation with the portfolio business line leadership. Candidates whose current location would require relocation will be notified before beginning the formal interview process.

Discover the Reason Why So Many People Love It Here!

When you join the Richmond Fed, not only will you find a challenging and purposeful career, you'll also have access to a wide range of benefits and perks that support your health and wealth, including:

• Great medical benefits
• Pension and 401(k) with employer match
• Paid time off
• Tuition reimbursement
• Paid volunteer leave
• Onsite amenities that make working here fun!

Other Requirements and Considerations:

• Candidates should review the Bank's Employee Code of Conduct to ensure compliance with conflict-of-interest rules and personal investment restrictions.
• If you need assistance or an accommodation due to a disability, please notify .
• Sponsorship is not available for this role. The selected candidate will be subject to a government security investigation and must meet eligibility requirements for access to classified information. Eligibility for this specific position requires U.S. Citizenship.
• The hiring range for this position is $322,200 - $442,900 annually.
• Salary range reflects Richmond, VA, for candidates located near other Federal Reserve Bank locations, the listed hiring and salary ranges may be adjusted based on your geographic location.
• The salary offered to the successful candidate will be based on the job responsibilities and the individual's knowledge, skills, and experience, as defined in the job qualifications.
• Interested candidates are strongly encouraged to apply by March 30, 2026. Applications are reviewed on a rolling basis.
• Always verify and apply to jobs on Federal Reserve System Careers or through verified Federal Reserve Bank social media channels.

Full Time / Part Time
Full time

Regular / Temporary
Regular

Job Exempt (Yes / No)
Yes

Job Category
Executive Family Group

Work Shift
First (United States of America)

The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Always verify and apply to jobs on Federal Reserve System Careers ( ) or through verified Federal Reserve Bank social media channels.

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