Demo

Director, Treasury & Model Risk Management

Wings Credit Union
Apple Valley, MN Full Time
POSTED ON 4/14/2026
AVAILABLE BEFORE 10/5/2026
Ent Credit Union and Wings Credit Union joined forces in January 2026. This merger means more opportunities, expanded resources, and a shared commitment to delivering exceptional member service. Together, we become more - empowering members, communities, and teams through a bold, unified future. Both organizations bring a strong legacy of member satisfaction, operational excellence, financial stability, and community impact. Recognized locally and nationally as best-in-class financial institutions and employers of choice, each is known for its commitment to financial well-being and philanthropic leadership. Join us during this transformative time and be part of shaping the future of banking! To learn more about the merger, click here.

Job Description

As part of the second line risk framework, the Director acts as a senior leader responsible for providing risk oversight related to treasury, liquidity, capital, and asset-liability management (ALM), while also managing Wings' Model Risk Management (MRM) program. This position leverages advanced analytical skills and strong governance practices to ensure that first line treasury and modeling systems, strategies, and established control frameworks are resilient, transparent, and fully compliant with both regulatory requirements and the board's approved risk appetite.

The director will play an integral role in guiding Wings' approach to major financial risks, proactively identifying emerging risks, and collaborating with stakeholders to promote a strong risk management culture throughout strategic and operational decision-making. Primary responsibilities include supervising the Treasury & Model Risk Management team, conducting impartial assessments and validations of first-line activities such as liquidity assumptions and asset-liability management, providing constructive challenges to funding and liquidity strategies, performing independent reviews of stress testing processes, and undertaking comprehensive capital management evaluations.

Essential Functions:

  • Lead the management and development of Wings' Treasury & Model Risk Management to ensure comprehensive identification, measurement, monitoring, and mitigation of liquidity, capital, asset-liability management, and capital management risks.
  • Maintain and reinforce risk appetite, limits, and controls across liquidity, interest rate risk, investment portfolio risk, and financial operations.
  • Oversee and challenge liquidity stress testing, scenario analysis, and treasury metrics, ensuring that methodologies are sound and outcomes are defensible.
  • Independently conduct gap assessments and develop processes to strengthen asset liability management, liquidity planning, stress testing, and capital management
  • Oversee Lead Wings' MRM program, ensuring that models within treasury, finance, credit, data science analytics, as well as artificial intelligence and machine learning domains, are accurately identified, inventoried, governed, validated, and monitored in accordance with SR 11-7 guidelines.
  • Oversee the development of stress testing methodologies, model creation and governance processes, review and approve assumptions, and ensure accurate risk measurement.
  • Conduct and/or oversee independent model validations, including conceptual soundness, performance testing, benchmarking, and ongoing monitoring.
  • Work with second line leadership to establish model risk management procedures and standards to align with evolving regulatory requirements and industry best practices.
  • Partner with model developers, data science, technology, and other stakeholders across the three lines to evolve Wing's MRM framework.
  • Translate complex regulatory requirements into scalable data, model, and workflow designs to help non-experts understand the vision, strategy, and overall value.
  • Build data driven insights and/or dashboards that strengthen liquidity, capital, and ALM risk visibility.
  • Provide leadership in the development and implementation of advanced analytics, including artificial intelligence and machine learning solutions, to strengthen risk management initiatives.
  • Prepare detailed risk reports for senior management, highlighting key liquidity and credit exposures, trends, and performance metrics.
  • Work with the second line risk leadership and first line leaders to execute risk limit governance, including setting liquidity risk appetite, calibration of risk limits, and ongoing monitoring of limit utilization and remediation.
  • Work in partnership with key stakeholders throughout the credit union to ensure that risk considerations are systematically integrated into both strategic planning and day-to-day operations.
  • Bank Secrecy Act: Remains cognizant of and adheres to Wings policies and procedures, and regulations pertaining to the Bank Secrecy Act.

Qualifications

Minimum Formal Qualifications for this Position:

  • Bachelor's Degree business, economics, finance, mathematics, or statistics required
  • Master's Degree business, economics, finance, mathematics, or statistics preferred
  • PhD business, economics, finance, mathematics, or statistics preferred
  • 8 years' experience in financial or treasury risk management within banking and/or financial institutions, covering liquidity, ALM, capital, market, credit, and financial operations risk required
  • 3 years' supervisory or team leadership experience required

Technical or Specialized Knowledge/Skills:

  • Demonstrated expertise in leading analytical projects, such as liquidity stress testing, scenario analysis, and asset-liability management (ALM) modeling, with substantial experience in large data set manipulation.
  • Experience in model development and validation, including treasury, credit, or financial models (e.g., PD, LGD, EAD, transition, and ALM models).
  • Strong understanding of the three lines of defense, issue management, and change control.
  • Demonstrated ability to translate regulatory requirements into scalable data, model, and workflow designs.
  • Experience leading large cross-functional work initiatives with key stakeholders.
  • Strong program management discipline, including roadmap development and execution.
  • Exceptional communication skills with the ability to synthesize analytics into clear narratives, influence senior leadership, and engage with risk committees and board-level stakeholders.
  • Advanced skills leveraging Python, R, and SQL for analytics, model testing, and validation.
  • Interest in financial markets and risk management; committed to continuous learning.
  • Knowledgeable in risk governance, enterprise risk management, and internal controls.
  • Demonstrates curiosity, ownership, and teamwork.
  • Ability to work independently, exercise judgment, and drive change.

Additional Information

The pay range for this position is: $180,000-200,000 annually (S19) plus 20% annual target bonus.

Final compensation for this position will be determined by various factors such as relevant work experience, specific skills and competencies, education, certifications, location and internal pay equity.

BENEFITS:

  • Generous 401(k) match
  • 401k Discretionary Profit Sharing
  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Short-Term and Long-Term Disability
  • Health Savings Account with company contribution
  • Employee Assistance Program
  • Paid Vacation, Sick, Floating Holidays and Volunteer Time Off
  • Paid Holidays
  • Tuition Reimbursement
  • Paid Parental Leave

We anticipate this position to close on 04/15/2026. Please submit your application at your earliest convenience to be considered.

Salary : $180,000 - $200,000

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