Director, Capital Markets

Washington, D.C
Mar 25, 2023
Apr 02, 2023
Executive, Director
Full Time

The Director fulfills the duties and responsibilities of the office by carrying out the following activities:

Plans and manages administrative operations and program activities of OCM, including human and resource management. In coordination with the Deputy Assistant Secretary, the Director determines staffing needs; develops office goals and objectives,and establishes priorities. The Director assists in ensuring strategic alignment with other offices in DF.

Develops and implements policies on a wide range of capital markets matters, including the role and regulation of financial institutions, the housing finance system, credit market function, equity and derivative market structures, and individual company matters that directly impact capital markets.

Provides leadership and direction on the intricacies and implications of policy options and their projected impact on capital markets and the U.S. economy. These analyses require consideration of market impact and systemic risk. They also serve as the basis for policy recommendations to and working with senior Treasury officials.

Oversees the evaluation of and proposes responses to legislative actions impacting the financial system, including efforts to stabilize credit markets and the banking system, reform financial institutions and markets, as well as access to capital and other policy and programs targeted at growing the U.S. economy.

Acts as an authority in the field of bond and equity securities, derivatives, related financial matters, and regulation or oversight of markets. Oversees analyses of developments in securities and derivatives markets, including corporate bond markets, equity markets, and on- and off-exchange derivatives. Understands the operations of such markets and any regulatory or oversight structures.

Manages programs and policy processes pertaining to OCM, with responsibility to ensure conformance to the objectives and requirements of the policies of Treasury and the U.S. Government more broadly.

Represents the Deputy Assistant Secretary, FM, and DF in internal policymaking meetings with other Treasury officials and staff, interagency coordinating efforts, and briefings with external stakeholders as designated by the Deputy Assistant Secretary and Assistant Secretary, to implement policies and programs relating to capital markets.

Establishes close, continuing, and effective relationships with counterparts working across the federal government and with private sector organizations to advance the mission and objectives of Treasury in coordination with other government entities.

Coordinates OCM staff efforts and objectives to meet the direction of the Secretary, Under Secretary, Assistant Secretary, and Deputy Assistant Secretary through: (a) substantive control of objectives instituted, and (b) administrative control of those options and proposals for concurrence with short- and long-term goals agreed upon consistent with Treasury's role in the federal government.


Conditions of Employment

  • Initial appointments are required to serve a probationary period of 1 year.
  • Financial disclosure is required.
  • Must be able to obtain and maintain a Secret clearance.


Qualifications: As a basic requirement, applicants must possess the Mandatory Technical Qualifications and Executive Competencies listed below. Typically, qualified applicants will have gained experience of this nature at or above the (GS)-15 grade level or its equivalent in the public or private sector. To be qualified for this position, your résumé must reflect experience in a managerial capacity. Typically, experience of this nature is gained at or above the GS-15 grade level in the Federal service, or its equivalent with state or local government, the private sector, or nongovernmental organizations. As such, your resume must demonstrate that you have the knowledge, skills, and abilities to successfully fulfill responsibilities inherent in most SES positions such as:
    • Directing the work of an organizational unit
    • Ensuring the success of one or more specific major programs or projects
    • Monitoring progress toward strategic organizational goals, evaluating organizational performance and taking action to improve performance
    • Supervising the work of other managers and exercising important policymaking, policy determining, or other executive functions. Failure to meet the basic qualification requirement and address all Mandatory Technical Qualifications and Executive Core Qualifications will result in your application being disqualified. The ECQs were designed to assess executive experience and potential not technical expertise. They measure whether an individual has the broad executive skills needed to succeed in a variety of SES positions. All applicants that are not already QRB certified, must submit a separate written narrative addressing the ECQs. Your narrative must address each ECQ separately and should contain at least two examples per ECQ describing your experiences and accomplishments/results. The narrative should be clear and concise, emphasizing your scope and level of responsibility, the complexity of programs managed, your initiatives and accomplishments, and the results of your actions. The narrative must not exceed 10 pages. NOTE: Current career SES members, former career SES members with reinstatement eligibility, and SES Candidate Development Program graduates who have been certified by OPM do NOT need to address the ECQs:
    • Leading Change: This core qualification involves the ability to bring about strategic change, both within and outside the organization, to meet organizational goals. Inherent to this ECQ is the ability to establish an organizational vision and to implement it in a continuously changing environment. Competencies: creativity and innovation, external awareness, flexibility, resilience, strategic thinking, vision Leading People: This core qualification involves the ability to lead people toward meeting the organizations vision, mission, and goals. Inherent to this ECQ is the ability to provide an inclusive workplace that fosters the development of others, facilitates cooperation and teamwork, and supports constructive resolution of conflicts. Competencies: conflict management, leveraging diversity, developing others, team building Results Driven: This core qualification involves the ability to meet organizational goals and customer expectations. Inherent to this ECQ is the ability to make decisions that produce high quality results by applying technical knowledge, analyzing problems, and calculating risks. Competencies: accountability, customer service, decisiveness, entrepreneurship, problem solving, technical credibility Business Acumen: This core qualification involves the ability to manage human, financial, and information resources strategically. Competencies: financial management, human capital management, technology management Building Coalitions: This core qualification involves the ability to build coalitions internally and with other Federal agencies, State and local governments, nonprofit and private sector organizations, foreign governments, or international organizations to achieve common goals. Competencies: partnering, political savvy, influencing/negotiating Fundamental Competencies: These competencies are the foundation for success in each of the Executive Core Qualifications: Interpersonal Skills, Oral Communication, Continual Learning, Written Communication, Integrity/Honesty, Public Service Motivation. The Fundamental Competencies are crosscutting and should be addressed over the course of each ECQ narratives. Applicants should follow the Challenge, Context, Action and Result (CCAR) model outlined in the guide. Challenge - Describe a specific problem or goal. Context - Describe the individuals and groups you worked with, and/or the environment in which you worked, to address a particular challenge (e.g., clients, co-workers, members of Congress, shrinking budget, low morale). Action - Discuss the specific actions you took to address a challenge. Result - Give specific examples of measures/outcomes that had some impact on the organization. These accomplishments demonstrate the quality and effectiveness of your leadership skills. Additional information about the SES and Executive Core Qualifications can be found on the Office of Personnel Management (OPM) SES Website. You are strongly encouraged to review OPMs Guide to SES Qualifications for specific examples and guidance on writing effective ECQ narrative statements.
MANDATORY TECHNICAL QUALIFICATIONS (MTQs): All applicants must submit a written narrative that addresses each of the MTQs separately. The narrative must not exceed one (1) page per MTQ. Applicants who fail to adhere to the one (1) page per MTQ limit will be disqualified and no longer considered for the position. In addition to the ECQs, applicants must possess the following technical qualifications that represent the knowledge, skills, and abilities essential to perform the duties and responsibilities of the position. You must fully address each MTQ to be rated for further consideration.

MTQ 1:
Extensive knowledge of a wide range of capital markets matters including the role and regulation of financial institutions, the housing finance system, student loans, credit market function, equity and derivative market structures, and individual company matters that directly impact capital markets.

MTQ 2: Proven ability to analyze a broad range of regulatory policy issues in the broad capital markets.

MTQ 3: Strong capabilities in communicating to senior management clearly and succinctly the critical elements of the laws, regulations and supervisory practices relating to capital markets, the role of financial institutions, business conduct, systemic risk and financial stabilization.

MTQ 4: Demonstrated skill in directing a diverse staff in planning, developing and implementing administration, project management, and human resource management.


This job does not have an education qualification requirement.

Additional information

  • A one-year SES probationary period may be required.
  • Must successfully complete a Secret background investigation.
  • Complete a Declaration for Federal Employment to determine your suitability for Federal employment, at the time requested by the agency.
  • Have your salary sent to a financial institution of your choice by Direct Deposit/Electronic Funds Transfer.
  • If you are a male applicant born after December 31, 1959, certify that you have registered with the Selective Service System or are exempt from having to do so.
  • Go through a Personal Identity Verification (PIV) process that requires two forms of identification from the Form I-9 . Federal law requires verification of the identity and employment eligibility of all new hires in the U.S.
  • File a Confidential Financial Disclosure Report within 30 days of appointment and annually from then on.
  • To ensure compliance with an applicable preliminary nationwide injunction, which may be supplemented, modified, or vacated, depending on the course of ongoing litigation, the Federal Government will take no action to implement or enforce the COVID-19 vaccination requirement pursuant to Executive Order 14043 on Requiring Coronavirus Disease 2019 Vaccination for Federal Employees. Federal agencies may request information regarding the vaccination status of selected applicants for the purposes of implementing other workplace safety protocols, such as protocols related to masking, physical distancing, testing, travel, and quarantine.