Director, Treasury & Model Risk Management

Ent Credit Union•Apple Valley, MN

1d•$180,000 - $200,000

About The Position

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.

Requirements

Bachelor's Degree business, economics, finance, mathematics, or statistics required
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
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.

Nice To Haves

Master's Degree business, economics, finance, mathematics, or statistics preferred
PhD business, economics, finance, mathematics, or statistics preferred

Responsibilities

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.