Finance
Director – Banking Relationships, Treasury Compliance, and Insurance
Overview
At Western Union, we’re more than a trusted name in global payments. We’re moving beyond remittances, beyond cash, and beyond the expectations of our customers.
Our talented teams enable us to transform into a digital-first company, built on the strength of our retail foundation and powered by next-generation payments. All this with the goal of helping people prosper.
Our customers inspire us to push boundaries and create services that make life easier and communities stronger. Wherever you are in the world, we’re committed to shaping the next generation of financial experiences.
Join us as we go beyond and be part of a team that’s redefining what’s possible.
Director, Banking Relationships, Treasury Compliance, and Insurance
Location: Denver, CO or Atlanta, GA
Role Responsibility
The Director, Treasury is responsible for overseeing the company’s operational 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 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.
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.
- 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.
Treasury Compliance Responsibilities
- 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.
Insurance Responsibilities
- 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.
Role Requirements
- 10+ years in financial services with Treasury, banking, or related experience
- BA/BS required; MBA, CTP, 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.
Work Shift
Western Union values in-person collaboration, problem solving, and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work Hybrid from the office a minimum of three days a week.
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. Please see the benefits below specific to your country. If applicable, additional role-specific benefits will be mentioned during your interview process or in an offer of employment.
Your United States – specific benefits Include
- 401(k) Western Union Contribution
- Employee Discount Program
- Flexible Time off
- Global Adoption Assistance
- Medical, Dental and Life Insurance
- One day volunteer time off
- Parental Leave
- Short term Disability
- Tuition Assistance Program
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
Salary
The on-target earnings range for Colorado is $150,000- $175,000 USD per year base salary. We also offer short-term and long-term incentives that align with individual and company performance. Actual salaries will vary based on candidates’ qualifications, skills, and competencies.
We are passionate about honoring our employee's identity and fostering a feeling of belonging. 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
#LI-AA1 #LI-Hybrid
Estimated Job Posting End Date:
04-27-2026
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.
Our customer is at the heart of everything we do. Learn more:
Apply Today!
About Western Union
Western Union Company is a global leader in cross-border, cross-currency money movement. Our omnichannel platform connects the digital and physical worlds and makes it possible for consumers and businesses to send and receive money and make payments with speed, ease, and reliability. With our global reach, Western Union moves money for better, connecting family, friends and businesses to enable financial inclusion and support economic growth.
Western Union Listens
We hold employee surveys through our employee engagement tool, Western Union Listens, benchmarking our results against global peers. We use the results to continually improve our culture and workplace, and encourage managers to review, discuss, and take action on survey findings with their teams.
In 2024, the employee participation rate reached 84%.
Western Union Game Changers Global Recognition Program
Recognition is a critical link to performance, inclusion, diverse ideas, and fostering a workplace where our employees connect, show their appreciation, and feel valued. At Western Union, our recognition is about moments that matter.
Get to know Western Union
As you read some of our employee stories from around the world, we hope you see yourself reflected in the work we do and the people who make up our diverse team.
