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Kathleen O’Neill Paese

Kathleen O’Neill Paese
Executive Vice President, Treasury; and Treasury Relations and Support Office Product Manager

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Ms. Paese has more than 30 years of experience with the Federal Reserve System, most at the Federal Reserve Bank of St. Louis. She is currently the executive vice president over the Treasury Division, providing oversight and direction to the Treasury Relations and Support Office (TRSO) and 14 operational/technical services that the Eighth District provides to the U.S. Treasury. Ms. Paese is also a member of the Bank’s Management Committee.

The TRSO has national responsibility for managing the relationship between the Federal Reserve System and the financial bureaus of the U.S. Treasury, and for coordinating and monitoring all of the Federal Reserve System’s Treasury support functions. In her current capacity, Ms. Paese overseas all the District’s support for the U.S. Treasury across a broad portfolio of business lines including IT, operations, accounting, cash management, improper payment, electronic invoicing, collateral and intra-governmental payment functions. In addition to her Treasury responsibilities, Ms. Paese is the leader and executive sponsor for the Fed System’s Financial Services Risk Leadership team, helping ensure that significant risks to all the System’s Financial Services are identified and effectively managed.

Prior to her current assignment, she was vice president in charge of the TRSO. Over the years, Ms. Paese has managed many other functional areas in the District including the Automated Clearing House operation, the Business Development function and the Electronic Services function. In addition, she has led several Federal Reserve System initiatives related to both financial services and information technology.

Ms. Paese received her bachelor’s degree in communications from the University of Illinois, Urbana-Champaign, and is a graduate of the Kellogg School of Business’ Executive Leadership Program at Northwestern University. She is married and has two children.