Treasury Governance

Location US-CA-Pasadena
Job ID
2024-11621
Category
Accounting/Finance
Position Type
Full-Time

Introduction

Since 1973, East West Bank has served as a pathway to success. With over 120 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates’ potential for career advancement.

Headquartered in California, East West Bank (Nasdaq: EWBC) is a top performing commercial bank with an exclusive focus on the U.S. and Greater China markets. With a strong foundation, and enterprising spirit and a commitment to absolute integrity, East West Bank gives people the confidence to reach further.

Overview

We are seeking an experienced and detail-oriented Vice President (VP), Treasury Governance to lead and manage key governance functions within our Treasury team. This role is critical to ensuring that Treasury’s policies, practices, and processes adhere to regulatory requirements and internal standards. The VP will oversee policy maintenance, issue management, committee coordination, and audit preparedness, while serving as the primary liaison with the second and third lines of defense.

Responsibilities

  1. Treasury Policy Maintenance:
  • Manage the review, development, and maintenance of Treasury-related policies and procedures to ensure alignment with regulatory requirements and internal standards.
  • Drive the periodic review and approval process for policies, coordinating with stakeholders across the organization.
  • Monitor and address emerging regulatory changes and their implications for Treasury policies.
  1. Issue Reporting and Resolution:
  • Lead the identification, reporting, and resolution of Treasury-related issues, ensuring transparency and accountability.
  • Maintain comprehensive tracking of open issues and remediation plans, providing regular updates to senior management and relevant committees.
  1. Regulatory Enhancement Requirements and Gap Assessment:
  • Conduct regular gap assessments to identify areas where Treasury processes or controls require enhancement to meet regulatory expectations.
  • Collaborate with stakeholders to develop action plans to address identified gaps and track progress to completion.
  1. Support and Coordination:
  • Provide governance support to key Treasury and risk committees (Asset Liability Committee [ALCO], Technical ALCO, Pricing, Economic Forecasting, Board Risk Oversight Committee, etc.), including agenda planning, materials preparation, and meeting documentation.
  • Ensure timely and accurate delivery of committee deliverables, fostering effective decision-making and oversight.
  1. Engagement Lead for Second and Third Lines of Defense:
  • Serve as the primary point of contact for Treasury’s engagement with the second line (Risk Management, particularly Enterprise Risk Management and Model Risk Management) and third line (Internal Audit).
  • Coordinate activities such as risk reviews, audits, and policy assessments, ensuring alignment and productive collaboration.
  1. Audit Coordination:
  • Lead Treasury’s audit preparedness efforts, including ensuring readiness for regulatory, internal, and external audits.
  • Manage the end-to-end audit process, including documentation collection, response development, and follow-up on audit findings.
  1. Project Management:
  • Coordinate, define, and track performance for Treasury Projects for reporting to committees and senior management.

 

Qualifications

Education and Experience

  • Bachelor’s degree in Finance, Economics, Business Administration, or a related field (MBA, advanced degree or CFA preferred).
  • 6+ years of experience in Treasury, Risk, Finance, or related areas within the banking industry.
  • Strong knowledge of regulatory requirements for bank Treasury functions, including liquidity risk management, interest rate risk, and governance standards.

 

Key Skills

  • Expertise in managing policy frameworks, committee processes, and issue remediation.
  • Exceptional organizational and project management skills, with a proven ability to manage multiple priorities.
  • Excellent communication skills, both written and verbal, for engaging with stakeholders at all levels.
  • Demonstrated ability to work collaboratively across teams and build strong relationships with second and third lines of defense.
  • Experience in leading governance or control functions is highly preferred.

 

 

Key Competencies

  • Governance Expertise
  • Risk Awareness
  • Organizational Agility
  • Regulatory Acumen
  • Communication and Stakeholder Engagement
  • Problem Solving and Execution

 

Compensation

The base pay range for this position is USD $120,000.00/Yr. - USD $150,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

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