Assistant Commissioner, Wholesale Securities Services
Treasury’s Bureau of the Fiscal Service (Fiscal Service) is deeply committed to serving the American public, driven by a passion for promoting the financial integrity and operational efficiency of the U.S. Government through exceptional accounting, financing, collections, payments and shared services. Within Fiscal Service, the Wholesale Securities Services (WSS) program ensures that the government’s critical financing needs are met by offering Treasury securities through reliable, accurate, flexible, and secure electronic systems.
The Assistant Commissioner, WSS, is the executive directly responsible for leading a national critical infrastructure system that supports borrowing funds needed to operate the federal government. Treasury’s wholesale securities operations and book-entry programs includes auctioning approximately $ 8 trillion Treasury marketable securities (annually) and oversight of operations supporting the transfer of over $1 trillion (daily) in Treasury securities in the secondary market. The incumbent ensures the accuracy, reliability, integrity and efficiency of Treasury's auction operations, which is critical to Treasury achieving government financing at the lowest possible cost over time. The results of Treasury's auctions and Treasury securities' unique features have national and worldwide significance; investors worldwide purchase Treasury securities as the premier "safe haven" investment, Treasury yields are used as default risk-free pricing benchmarks worldwide, the Federal Reserve uses Treasury securities for its open market operations to execute U.S. monetary policy, and Treasury securities serve as indispensable collateral in the smooth functioning of financial markets.
The Assistant Commissioner works directly with key Treasury officials and debt management policy decision makers, and senior Federal Reserve System representatives. This position reports to the Deputy Commissioner for Financial Services & Operations, and serves as a critical member of the Fiscal Service executive leadership team.
- Occasional Travel
- Frequent travel may be required.
- Factors such as cost effectiveness, labor market conditions and difficulties in filling the position will be reviewed in determining if payment of relocation expenses is in the best interest of the Government.
All applicants must meet the qualifications and eligibility requirements by the closing date of the announcement.
As a basic requirement, applicants must demonstrate progressively responsible leadership experience that is indicative of senior executive level managerial capability and directly related to the skills and abilities outlined under the Executive Core Qualifications (ECQs) and Technical Qualifications (TQs). Typically, experience of this nature will have been 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 non-governmental organizations. Failure to meet this basic qualification requirement will disqualify the applicant.
Evidence must be provided that clearly demonstrates the applicant has the necessary level of executive potential, skills, abilities, specialized knowledge, and technical qualifications to perform as a SES executive. This evidence must include clear, concise examples that emphasize the applicant’s level of responsibilities, scope and complexity of assignments, program accomplishments, policy initiatives, and long-range planning.
The best qualified candidates will be determined by assessing experience, education, awards, performance appraisals, and supervisory evaluations for this position. These assessments will be made against the ECQs and technical qualifications.
EXECUTIVE CORE QUALIFICATIONS (ECQs): The ECQs describe the leadership skills needed to succeed in the SES and provide the focus for OPM certification of executive qualifications.
ECQ 1 - Leading Change - 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.
ECQ 2 - Leading People - The ability to lead people toward meeting the organization's 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.
ECQ 3 - Results Driven - 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.
ECQ 4 - Business Acumen - The ability to manage human, financial, and information resources strategically. Competencies: financial management, human capital management, technology management.
ECQ 5 - Building Coalitions - 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, influencing/negotiating
Fundamental Competencies – Interpersonal Skills, Oral Communication, Written Communication, Integrity/Honesty, Continual Learning, and Public Service Motivation are cross-cutting and provide the foundation for success in each ECQ.
Additional information about the ECQs can be found on the OPM SES website at: http://www.opm.gov/policy-data-oversight/senior-executive-service/reference-materials/guidetosesquals_2012.pdf.
For each ECQ, it is recommended that you provide at least one example of your qualifications using the challenge, context, action, and result model described on the above website.
TECHNICAL QUALIFICATIONS: The following qualifications are required for the incumbent to perform the duties of the position. You must demonstrate all of the technical qualifications to be rated eligible for this position.
TQ 1: Extensive executive oversight of complex, critical business operations, especially complex financial management systems and supporting infrastructure in an environment that requires agility and operational resiliency.
TQ 2: Demonstrated executive level experience in financial markets, including, but not limited to the government securities market and its operations.
Career applicants currently in the SES, former career SES appointees who are eligible for career reinstatement in the SES, or graduates of an SES Candidate Development Program who have been certified by OPM must address the technical competencies, but need not address the ECQs.
More information on how to address the ECQs and TQs can be found at http://www.opm.gov/policy-data-oversight/senior-executive-service/executive-core-qualifications/.
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