What are the responsibilities and job description for the Director - Banking Relationships, Treasury Compliance, and Insurance position at Western Union?
JR0128023
Banking Relationships, Treasury Compliance, and Insurance. Atlanta GA. or Denver CO.
location only
The Director, Treasury is responsible for overseeing the company’s banking relationships, treasury compliance function, and global insurance portfolio.
The Director leads a team of analysts that ensures global banking compliance and efficient treasury operations across 10,000 accounts, drives strategic platform transitions for better bank fee analytics and regulatory compliance, oversees the company’s Commercial Paper program, Letters of Credit and Bank Guarantees and supports banking relationship expansion across the globe. The Director also oversees Western Union’s comprehensive global insurance program, encompassing policies across 50 countries and 300 locations. This position will serve as a key collaborating resource in supporting and executing a range of strategic and operational activities related to foreign exchange risk management, capital markets and investment strategies, interest rate derivatives, and other treasury related functions.
Job Duties Include
Banking Relations Responsibilities
Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.
Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.
Salary
The base salary range is $150,000- $175,000 USD per year, total on target compensation includes a base salary plus a variable target incentive that aligns with individual and company performance.
Benefits
You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.
Your United States – Specific Benefits Include
Medical, Dental and Life Insurance
Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.
For residents of Colorado, California, Connecticut, Delaware, Minnesota, and Pennsylvania: Please do not respond to any questions on this initial application that may seek age-identifying information such as age, date of birth, or dates of school attendance or graduation. You may also redact this information from any materials you submit during the application process. You will not be penalized for redacting or removing this information.
We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.
AA1
Estimated Job Posting End Date
12-22-2025
This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.
Banking Relationships, Treasury Compliance, and Insurance. Atlanta GA. or Denver CO.
location only
The Director, Treasury is responsible for overseeing the company’s banking relationships, treasury compliance function, and global insurance portfolio.
The Director leads a team of analysts that ensures global banking compliance and efficient treasury operations across 10,000 accounts, drives strategic platform transitions for better bank fee analytics and regulatory compliance, oversees the company’s Commercial Paper program, Letters of Credit and Bank Guarantees and supports banking relationship expansion across the globe. The Director also oversees Western Union’s comprehensive global insurance program, encompassing policies across 50 countries and 300 locations. This position will serve as a key collaborating resource in supporting and executing a range of strategic and operational activities related to foreign exchange risk management, capital markets and investment strategies, interest rate derivatives, and other treasury related functions.
Job Duties Include
Banking Relations Responsibilities
- Banking Relationship Expansion: Work with internal stakeholders to expand/diversify cash lodgment solutions for agents to improve financial flexibility
- Letters of Credit and Bank Guarantees: Oversee Letters of Credit / Bank Guarantees, ensuring efficient renewals, amendments, and new issuances in collaboration with M&A and business teams
- Commercial Paper Program Oversight: Continue to manage the company’s Commercial Paper Program, ensuring liquidity while training multiple team members as backups
- Bank Fee Management: Develop tools to analyze top bank fee drivers and optimize bank fees to ensure sound financial operations; negotiate fees for new banking relationships
- Cash Lodgment Optimization: Partner with Sales, Agent Operations, and other Treasury teams to optimize fees for cash lodgment
- Support banking operations by establishing and maintaining relationships with global banking partners ensuring operational and financial efficiency
- Lead Treasury Compliance operations, ensuring adherence to financial regulations, internal controls, and audit requirements
- Manage a team of analysts who establish and maintain global banking services
- Ensure treasury processes are aligned with regulatory and corporate governance standards, addressing KYC and audit requirements proactively
- Oversee the global insurance program, covering 8,000 employees across 50 countries and 300 locations, for lines of coverage including D&O, Fiduciary, E&O/Cyber, Crime, P&C, EPL, Cash-in-transit, etc.
- Lead global insurance renewals for Western Union, working with senior leadership, brokers, and underwriters to ensure optimal coverage and cost efficiency
- Present insurance program updates and key risk exposures to the Board of Directors and subsidiary boards
- Oversee high-value, complex insurance claims, collaborating with Western Union’s Legal, HR, and business teams for resolution
- Manage the Company’s surety bond program, facilitating negotiations between brokers, business units, and surety providers
- Provide insurance guidance and conduct risk assessments for M&A transactions and new business initiatives, including expansion projects, kiosks, and crypto-related offerings
- 10 years in financial services with Treasury, banking, or related experience
- BA/BS required; MBA, CFA or comparable certifications strongly preferred
- Extensive understanding of treasury, insurance, and banking operations including KYC, regulatory audits, etc.
- Experience managing complex regulatory issues
- Demonstrated proactive leadership ability to lead complex cross-functional projects and drive and deliver key initiatives
- Exhibit strong leadership skills needed to manage in-person and remote teams
- Ability to develop, apply and supervise analytical, mathematical, and financial models
- Strong verbal and written communication skills, including the ability to partner effectively with people from varied cultural perspectives
Western Union is positioned to become the world’s most accessible financial services company —transforming lives and communities. We’re a diverse and passionate customer-centric team of over 8,000 employees serving 200 countries and territories, reaching customers and receivers around the globe. More than moving money, we design easy-to-use products and services for our digital and physical financial ecosystem that help our customers move forward.
Just as we help our global customers prosper, we support our employees in achieving their professional aspirations. You’ll have plenty of opportunities to learn new skills and build a career, as well as receive a great compensation package. If you’re ready to help drive the future of financial services, it’s time for Western Union. Learn more about our purpose and people at https://careers.westernunion.com/.
Salary
The base salary range is $150,000- $175,000 USD per year, total on target compensation includes a base salary plus a variable target incentive that aligns with individual and company performance.
Benefits
You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment.
Your United States – Specific Benefits Include
- Flexible Time off
- Tuition Assistance Program
- Parental Leave
- One day volunteer time off
- $0 Money Transfer Fee Discount Code – Quarterly
- Recognition Program “Game Changers”
- Employee Discount Program
- Global Adoption Assistance
- Global Scholarship Awards Program
- Western Union Contribution to 401K
Our Hybrid Work Model categorizes each role into one of three categories. Western Union has determined the category of this role to be Hybrid. This is defined as a flexible working arrangement that enables employees to divide their time between working from home and working from an office location. The expectation is to work from the office a minimum of three days a week.
For residents of Colorado, California, Connecticut, Delaware, Minnesota, and Pennsylvania: Please do not respond to any questions on this initial application that may seek age-identifying information such as age, date of birth, or dates of school attendance or graduation. You may also redact this information from any materials you submit during the application process. You will not be penalized for redacting or removing this information.
We are passionate about diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams while reflecting the communities we serve. We do not discriminate based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws.
AA1
Estimated Job Posting End Date
12-22-2025
This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.
Salary : $150,000 - $175,000