Global Retirement Financial Risk Management Director - Treasury

We are looking for a talented Global Retirement Financial Risk Management Director - Treasury to join our Global Corporate Treasury team specializing in financial oversight, risk management, governance, and strategic monitoring of our global retirement and benefit plans. The preferred location for this position is Indiana . The Global Retirement Financial Risk Management Director – Treasury is responsible for the strategic oversight, governance, funding, investment management, and regulatory compliance of Cummins' global benefit plans. This Director partners closely with our internal Human Resources, Accounting and Legal departments while working with external advisors to ensure benefit plans are appropriately funded, investment risks are managed, regulatory obligations are met, and the plan assets are well positioned to fund our long-term liabilities. The Director serves as the primary steward of benefit plan financial risks, including investment, interest rate, inflation, longevity, liquidity, and regulatory risks, while supporting global benefit plan sustainability and cost effectiveness. This highly specialized Treasury leadership role manages the financial risks around our global defined benefit, defined contribution, health & welfare and non-qualified plans ensuring alignment between benefit obligations, investment strategy, funding requirements, and enterprise financial risk management. Additionally, the Director oversees the investment strategies of our Insurance Captive and our Cummins Foundation. The Director provides leadership over pension asset management, including but not limited to asset manager selection, funding strategies, and benefit plan financial asset liability studies. The Director also collaborates with other internal Treasury functions to assess and manage relevant foreign exchange risks and capital structure related implications from funding decisions. In this role, you will make an impact in the following ways: Pension Investment Management & Treasury Expertise Extensive experience managing pension assets, selecting and overseeing investment managers, evaluating investment performance, and developing funding strategies for defined benefit and defined contribution plans. Strong understanding of pension accounting, asset-liability management, market risks, and Treasury operations related to benefit plan funding. Regulatory Compliance & Governance Leadership Deep knowledge of pension and benefit regulations, including ERISA and global compliance frameworks, with the ability to ensure adherence to financial, legal, statutory, and funding requirements. Proven experience managing governance processes, investment policies, fiduciary responsibilities, and benefit-related risk mitigation strategies. Cross-Functional Leadership & Operational Excellence Demonstrated ability to partner effectively with HR Compensation & Benefits, Legal, Finance, external actuaries, investment consultants, recordkeepers, and third-party administrators to evaluate the financial impact of plan design decisions, drive operational rigor, enhance reporting processes, and lead high-performing teams in a complex global environment.