The Keeper of the Privy Purse and Treasurer to the King/Queen (or Financial Secretary to the King/Queen) is responsible for the financial management of the Royal Household of the Sovereign of the United Kingdom. The officeholder is assisted by the Deputy Treasurer to the King/Queen for the management of the Sovereign Grant, currently Sally O'Neill (formerly Chief Operating Officer of the Royal Opera House). At coronations in recent centuries, the holders of this office have invariably carried a ceremonial purse, embroidered with the royal coat of arms.