Workforce

Techies: make bank at CFPB

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The Consumer Financial Protection Bureau is on the hunt for a new CIO.

The agency made the search formal with a May 20 job posting, after signaling its intent in an April blog post.

The Fed 100-winning Harvard Law graduate Ashwin Vasan has served as CFPB's CIO since late 2013.

"The role is a hybrid of a traditional CIO, providing services that support the Bureau's operations, and a CTO, responsible for the technology that amplifies the mission effectiveness of the CFPB," Vasan and CFPB developer Adam Scott wrote of the position.

Vasan declined to share details of his planned departure, but a CFPB spokesperson said there is no firm timeline and Vasan is actively involved in finding and eventually onboarding his successor.

The new leader will need executive, technical and financial industry experience, the job posting noted. The CIO will be charged with maintaining infrastructure, designing new digital products and overseeing data and privacy operations, among other duties.

And due to special hiring authorities, CFPB can offer pay far above the standard civil servant rates.

CFPB's $200,596 to $247,500 CIO salary range means its next CIO's salary will outstrip that of most other federal CIOs and potentially even the most agency heads.

CFPB is accepting applications through June 3.

About the Author

Zach Noble is a former FCW staff writer.

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