Steven Peters

Senior Director of Treasury @Western Union

Englewood, CO, US

Responsible for the negotiation of bank contracts and management of global bank relationships. This encompassed 17 Western Union credit line banks and 240 total bank relationships located in over 200 countries and territories. Other responsibilities included a $125 million letter of credit/bank guarantee portfolio and bank fee negotiations with an average annual spend of $42 million.Significant Achievements • Collaboratively spearheaded the successful spinoff of Western Union into an independent publicly traded company. The spinoff of Western Union was announced on January 26, 2006 and was successfully completed on September 29, 2006.• Achieved goal of a $5.0 million annual bank fee savings in 2011 that accounted for more than a 10% annual savings.• Successful amalgamation of four acquisitions that totaled more than $1.5 billion. • Successful set-up and integration of several banking systems. • Led a Caribbean banking initiative that allowed Western Union to form new partnerships that resulted in revenue generation. • Adhered to the Dodd-Frank protocols, all ISDA negotiations and foreign exchange counterparty relationships.• Developed and implemented written departmental policies and procedures

William Allen High School

College Prep

Penn State University

Bachelor of Applied Science (B.A.Sc.), Business Administration, Management and Operations

Regis University

Master of Business Administration (M.B.A.)