POSITION DESCRIPTION
deputy undersecretary (assistant secretary) for legislative affairs, Department of the treasury
OVERVIEWSenate Committee / Finance
Agency Mission / The Department of the Treasury is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.
Position Overview / The Deputy Undersecretary (Assistant Secretary) for Legislative Affairs advises the Secretary on congressional relations in order to assist in the formulation of policy and determining the overall direction of the department. The incumbent serves as the principal contact and coordinator for all department interaction with Congress, the congressional relations offices in the White House and other departments and agencies.
Compensation / Level IV $160,300 (5 U.S.C. § 5315)
Position Reports to / Secretary of the Treasury
RESPONSIBILITIES
Management Scope / In fiscal 2015, the department had $485,623 million in outlays and 84,050 total employment. The subordinate structure includes five deputy assistant secretaries and approximately 15 employees, plus general oversight for legislative affairs staff in the department’s bureaus.
Primary Responsibilities / · Manages the department’s legislative affairs team
· Develops strategies to implement legislative initiatives
· Works closely with White House Office of Legislative Affairs on implementing the president’s economic agenda
· Communicates Treasury’s positions to Congress and facilitates replies to Congress on behalf of the department
· Keeps the department informed of congressional objectives, concerns, activities and interests
· Monitors the flow of congressional correspondence to ensure accurate and prompt response
· Coordinates departmental testimony before congressional committees
· Advises the department on congressional concerns during policy and formation
· Leads the effort to confirm other presidential appointees in the department
Strategic Goals and Priorities / [Depends on the policy priorities of the administration]
REQUIREMENTS AND COMPETENCIES
Requirements / · Hill experience and a comprehensive understanding of how Congress works, particularly around Senate/House leadership and committees of jurisdiction
· Strong congressional relationships
· Management focused
· Understanding of politics as well as policy
· Record of working with both Republicans and Democrats
· Working understanding of a broad array of financial and economic policy a plus
· Executive branch experience a plus
Competencies / · Strong public speaking and negotiating skills
· Ability to work across agencies and among several different components within the department
· Ability to work across party lines
PAST APPOINTEES
Anne Wall (2015 to present) – Deputy Assistant to the President for Legislative Affairs and Senate Liaison; Special Assistant to the President for Legislative Affairs; Floor Director and Office Counsel, Sen. Dick Durbin
Alastair Fitzpayne (2012 to 2015) – Department of the Treasury Executive Secretary; Department of the Treasury Deputy Chief of Staff; member of the Economics and International Trade Agency Review Team on the Obama-Biden Transition Team assigned to the Department of the Treasury; Legislative Assistant, Sen. Evan Bayh
Kim Wallace (2009 to 2012) – Managing Director and head of the Washington Research Group at Barclays Capital; Managing Director, Lehman Brothers; Legislative Aide for Fiscal Policy, Sen. George Mitchell; Analyst, Senate Budget Committee
POSITION DESCRIPTION
Assistant Secretary for Financial Markets, department of the Treasury
OVERVIEWSenate Committee / Finance
Agency Mission / The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.[i]
Position Overview / The assistant secretary for financial markets advises the secretary on a broad range of policies in the areas of global finance, financial markets, debt management and financial regulation.
Compensation / Level IV $160,300 (5 U.S.C. § 5315)
Position Reports to / Under Secretary for Domestic Finance[ii]
RESPONSIBILITIES
Management Scope / The Office of Financial Markets is one of five principal components in the Office of Domestic Finance. The Office of Financial Markets includes three deputy assistant secretaries (federal finance, government financial policy and capital markets) and approximately 50 employees.[iii]
Primary Responsibilities / · Serves as senior advisor to the secretary, deputy secretary and undersecretary on broad matters of financial markets, including federal debt management; federal, state and local finance; federal government credit; and lending policies
· Oversees the Federal Financing Bank to extend credit to federal agencies
· Coordinates regularly with the undersecretary for international affairs on broad matters of global financial markets
· Oversees the Treasury Borrowing Advisory Committee
· Works closely with the Markets Room at Treasury to incorporate their market surveillance in daily briefings and market updates
Strategic Goals and Priorities / [Depends on the policy priorities of the administration]
REQUIREMENTS AND COMPETENCIES
Requirements / · Work experience and knowledge of financial markets for stocks, bonds, currencies and commodities
· Fixed-income market experience (a plus, given debt management element of the position)
· Strong contacts with market players to quickly gain insights and information
· Understanding of the infrastructure of the financial system (market exchanges and clearing houses, for example) and how things work
· Understanding of the broad financial system, including monetary and fiscal policies that impact markets
· Understanding of the products in markets useful (such as exchange-traded funds and derivatives contracts)
Competencies / · Energy and willingness to travel, given the importance of investor relations
· Ability to explain Treasury policies to investors, central banks, regulators and other interested parties
· Leadership skills
· Quantitative skills (a plus)
PAST APPOINTEES
Daleep Singh (Feburary 2016 to current) - Deputy Assistant Secretary for Europe and Eurasia at the Department of the Treasury; Director of Treasury's Markets Group; Goldman Sachs Investment Professional and Asset Manager[iv]
Seth Carpenter (2015 to 2016) - Deputy Assistant Secretary for Economic Policy at the Department of the Treasury; Deputy Director of the Division of Monetary Affairs at The Board of Governors of the Federal Reserve System; Professor[v]
Matthew Rutherford (2012 to 2014) - Federal Reserve Bank of New Yorkliaison to the Treasury Department, Debt-Management Advisor and Treasury Market Analyst; Presidential Management Fellow[vi]
POSITION DESCRIPTION
Assistant Secretary for Intelligence and Analysis, Department of the treasury
OVERVIEWSenate Committee / Intelligence
Agency Mission / The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.
Position Overview / The assistant secretary for intelligence and analysis is responsible for leading the Office of Intelligence and Analysis and facilitating the receipt, analysis, collation and dissemination of foreign intelligence and foreign counterintelligence related to the operation and responsibilities of the Department of the Treasury.
Compensation / Level IV $160,300 (5 U.S.C. § 5315)
Position Reports to / Reports directly to the Undersecretary of the Treasury for Terrorism and Financial Intelligence.
RESPONSIBILITIES
Management Scope / The assistant secretary for intelligence and analysis has a deputy assistant secretary for analysis and production, a deputy assistant secretary for security and a deputy assistant secretary for intelligence community integration.
Primary Responsibilities / · Leads the Office of Intelligence and Analysis, which is responsible for the Office of Terrorism and Financial Intelligence’s intelligence functions, integrating the Treasury Department into the larger intelligence community (IC), and providing support both to Treasury leadership and the IC
· Completes duties and authorities as may be assigned by the secretary
· Is responsible for the receipt, analysis, collation and dissemination of foreign intelligence and foreign counterintelligence information (within the meaning of section three of the National Security Act of 1947 (50 U.S.C. § 401a) related to the operation and responsibilities of the Department of the Treasury (31 U.S.C. § 311)
· Supports the formulation of policy and execution of Treasury authorities by providing expert analysis and intelligence production on financial and other support networks for terrorist groups, proliferations and other key national security threats
· Provides timely, accurate and focused intelligence support on the full range of economic, political and security issues
· Produces all-source assessments and other material to identify threats and vulnerabilities in licit and illicit networks that may be addressed by Treasury-led action
· Conducts analysis and provides support to the department on cyber threats to the U.S. financial sector
· Provides the security infrastructure necessary to safeguard the Treasury's national security information, including oversight of Treasury’s insider’s threat program
Strategic Goals and Priorities / [Depends on the policy priorities of the administration]
REQUIREMENTS AND COMPETENCIES
Requirements / · Considerable career in IC
· Strong relationships with leadership at other agencies
· Strong knowledge of intelligence process, both collection and analysis
· Strong knowledge of counterintelligence and ability to appreciate foreign intelligence threat that organization faces
· Experience with 24/7 intelligence support to an organization
· Understanding of how intelligence feeds into policymaking
Competencies / · Team Leadership: Ability to focus, align and build effective, collaborative groups; demonstrated ability to lead inclusively across disciplines
PAST APPOINTEES
S. Leslie Ireland (2010 to present) – Assistant Secretary Ireland has been a career intelligence officer for 30 years. Previous work experience includes Intelligence Briefer to the President, Central Intelligence Agency; Office of the Director of National Intelligence (DNI) Iran Mission Manager, CIA; Executive Assistant to the Director and Deputy Director of Central Intelligence, CIA
Janice Gardner (2005 to 2010) – Assistant Secretary Gardner was a Career Intelligence Officer. Previous work experience includes Deputy Assistant Secretary, Office of Intelligence and Analysis; Intelligence Briefer to the Secretary of the Department of the Treasury and Senior Liaison Officer, Department of the Treasury
POSITION DESCRIPTION
Assistant Secretary for International Markets and Development, department of the Treasury
OVERVIEWSenate Committee / Banking, Housing and Urban Affairs
Agency Mission / The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.[vii]
Position Overview / The assistant secretary for international markets and development advises and assists the secretary, the deputy secretary and the undersecretary for international affairs in the formulation and execution of U.S. international economic policy.
Compensation / Level IV $160,300 (5 U.S.C. § 5315)
Position Reports to / Undersecretary for International Affairs
RESPONSIBILITIES
Management Scope / The Office of International Markets and Development is one of two principal components in the Office of International Affairs. The subordinate structure includes approximately 75 employees and five deputy assistant secretaries:
1. Investment security
2. Development and debt
3. Trade and investment
4. Technical assistance
5. Energy and environment[viii]
Primary Responsibilities / · Advises and assists the secretary, the deputy secretary and the undersecretary for international affairs in the formulation and execution of U.S. international economic policy
· Takes a lead role for the Treasury Department on the Committee on Foreign Investment in the United States
· Directs the Treasury Department’s portfolio on international financial services regulation, trade, banking and securities, development, technical assistance and climate finance[ix]
Strategic Goals and Priorities / [Depends on the policy priorities of the administration]
REQUIREMENTS AND COMPETENCIES
Requirements / · Management experience
Competencies / · Management skills
· International negotiating skills
· Ability to work effectively in the interagency
· Willingness to travel
PAST APPOINTEES
Marisa Lago (2010 to current) - President and Chief Executive Officer of Empire State Development; Global Head of Compliance for Citigroup's corporate and investment bank; Office of International Affairs for the Securities and Exchange Commission[x]
Neel T. Kashkari (2006 to 2009) - Senior Advisor to Department of the Treasury Secretary; Vice President at Goldman, Sachs & Co. in San Francisco; ZF TRW Automotive Holdings Corp[xi]
POSITION DESCRIPTION
Chief financial officer, Department of the Treasury
OVERVIEWSenate Committee / Finance
Agency Mission / The Treasury Department is the executive agency responsible for promoting economic prosperity and ensuring the financial security of the United States.
Position Overview / The Assistant Secretary for Management (ASM),Chief Financial Officer (CFO) and Chief Performance Officer(CPO) is the principal policy advisor to the Secretary and Deputy Secretary on the development and execution of the budget for the Department of the Treasury and the internal management of the Department and its bureaus. CFOs also play a crucial government-wide role.
Compensation / Level IV $160,300 (5 U.S.C. § 5315)
Position Reports to / Secretary and Deputy Secretary of the Department of the Treasury
RESPONSIBILITIES
Management Scope / The CFO oversees the financial management of the entire department. In fiscal 2015, the department had $485,623 million in outlays and 84,050 total employment. The ASM/CFO/CPO also serves as the director of the Office of Small and Disadvantaged Business Utilization.
Primary Responsibilities / · Develops and maintains integrated accounting and financial management systems
· Oversees the recruitment, selection and training of personnel to carry out agency financial management functions, manages, trains and provides policy guidance and oversight of these personnel and their activities
· Implements agency asset-management systems, including systems for cash management, credit management, debt collection, and property and inventory management and control
· Develops budgets that support all agency missions
· Manages the financial execution of the agency budget and actual expenditures
· Provides financial and performance reports to staff, overseers and stakeholders
· Ties the budget and performance to outcomes
· Takes the lead role in enterprise risk-management
Strategic Goals and Priorities / [Depends on the policy priorities of the administration]
REQUIREMENTS AND COMPETENCIES
Requirements / · Strong background in federal financial management
· Executive leadership experience
· Experience working in a large organization
· Risk-management experience
· Knowledge of the department’s functions and policies
· Knowledge of federal budget formulation
· Familiarity with cyber technology a plus
· Background in data analytics a plus
Competencies / · Ability to collaborate with the chief information officers, under/assistant secretaries for administration/management, as well as other CFOs and the Office of Management and Budget via the CFO Council
· Knowledge of, and relationships with, Congress or ability to develop them
PAST APPOINTEES
Kody Kinsley (2016-present) – Served in several roles in the Treasury prior to his appointment; Policy Analyst with the White House Domestic Policy Council; Director of Policy and Program Support at the District of Columbia Department of Health and Human Services
Brodi Fontenot (2015-2016) – Assistant Secretary for Administration, Chief Human Capital officer, and Senior Sustainability Officer for the Department of Transportation; Deputy Assistant Secretary for Management and Budget at the DoT; staff member of the Senate Budget Committee
Dan M. Tangherlini (2009-2013) – Washington, DC’s City Administrator and Deputy Mayor; Director of the District of Columbia Department of Transportation; Interim General Manager, Washington Metropolitan Area Transit Authority; CFO, Metropolitan Police Department; Worked in the Policy Office of the Secretary of Transportation; worked in a variety of capacities during six years of service with the Office of Management and Budget in the Executive Office of the President
POSITION DESCRIPTION