Deputy Treasurer

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 180,000 - 240,000; Full time

Job summary

Western Alliance Bancorporation seeks a Deputy Treasurer to lead capital and liquidity strategies from its CityScape-based office in the Phoenix area. You will drive asset-liability management, investment portfolio oversight, and regulatory compliance for a highly regulated bank.

You will manage interest rate risk, FX exposure, and capital planning, preparing the institution for complex regulatory transitions as assets exceed $100B, while partnering with senior leadership and the Board to

Qualifications

• 12+ years of related experience in Finance, Accounting, or similar field.
• Bachelor's degree required; Masters or MBA preferred.
• Previous leadership experience.
• Strong analytical and problem-solving skills, management skills with a team-first approach.
• Expert knowledge of regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Experience in Asset Liability/Financial Risk management role involving balance sheet modeling in a U.S. regulated commercial banking, investment banking, or consumer credit environment.
• Expert experience working at a Large Financial Institution (LFI) with assets over $100 billion.
• Expert knowledge of capital management, liquidity and funding, asset liability management, and investment portfolios.
• Expert speaking and writing communication skills.
• Chartered Financial Analysts preferred.
• Certified Public Accountant preferred.
• Certified Treasury Professional preferred.
• Occasional travel required.

Responsibilities

• Lead development and execution of capital management, liquidity, funding, ALM, and investment portfolio strategies.
• Manage capital, liquidity, interest rate risk, and FX exposure, ensuring regulatory compliance.
• Provide strategic insights and in-depth financial analysis; oversee capital planning and hedging activities.
• Oversee Asset Liability Management, Contingency Funding Plan, Capital Management Policies, and ALCO Charter with stakeholders and the Board.
• Oversee forecasts for interest rate risk, capital, and liquidity; assist in pricing loans and deposits.
• Collaborate with senior leadership and cross-functional teams to drive financial stability and risk management initiatives.
• Support the Treasurer in liquidity oversight, compliance monitoring, and forecasting with governance adherence.
• Facilitate business strategy and coordinate responses and remediation; provide ALCO/FIC reporting.

Skills

Leadership

Regulatory compliance

Capital management

Liquidity management

Asset liability management

Investment portfolio

Analytical skills

Communication

Strategic thinking

Financial risk management

Team leadership

Education

Bachelor's degree

Masters or MBA preferred

Job description

Job Title: Deputy Treasurer

Location: CityScape

What you'll do:

As a Senior Director of Treasury you'll lead the development and execution of strategies for capital management, liquidity and funding, asset liability management, and the investment portfolio. In this role, you'll manage the bank's capital, liquidity, interest rate risk, and FX exposure, ensuring compliance with regulatory requirements, and preparing the bank for it's transition to a Tailoring Amendment Category 4 institution as it surpasses $100 billion in assets. You'll provide strategic insights and in-depth financial analysis, overseeing capital planning, liquidity management, derivatives, and hedging activities.

• Responsible for overseeing liquidity, developing and periodically reviewing liquidity metrics, reviewing the operational cash buffer, performing LCR calculations, and ensuring compliance with Board and regulatory guidelines. Prepare quarterly and ad-hoc forecasts of capital. Assist with the development and execution of Board-approved capital actions, and review relevant regulations and peer research related to liquidity and capital planning. Assist in analytics and stress testing related to capital and liquidity, including executing equity/debt transactions as part of liquidity and capital planning strategies.
• Review and coordinate the approval of Asset Liability Management, Contingency Funding Plan, Capital Management Policies, and the Asset Liability Management Committee (ALCO) Charter with internal stakeholders, Management Committees, and the Board. Oversee forecasts for interest rate risk, capital, and liquidity. Assist management in the pricing of loans and deposits.
• Collaborate with senior leadership, the board, and cross-functional teams to drive financial stability and risk management initiatives. Support the Treasurer in liquidity oversight, compliance monitoring, and forecasting while maintaining strong governance and regulatory adherence.
• Facilitate business strategy and coordinate responses and remediation activities. Provide periodic and ad-hoc reporting to ALCO and Finance & Investments Committee (FIC), offering critical insights and recommendations.

What you'll need:

• 12+ years of related experience in Finance (GL Mgmt., Public Reporting, Analysis), Accounting or similar field.
• Bachelor's degree in related field required; Masters or MBA in related field preferred.
• Previous leadership experience required.
• Strong analytical and problem-solving skills, management skills with a team first approach.
• Expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Experience in Asset Liability/Financial Risk management role involving balance sheet modeling in a U.S. regulated commercial banking, investment banking, or consumer credit environment.
• Expert experience working at a Large Financial Institution (LFI) with assets over $100 billion.
• Expert knowledge of capital management, liquidity and funding, asset liability management, and investment portfolios.
• Expert speaking and writing communication skills.
• Chartered Financial Analysts preferred.
• Certified Public Accountant preferred.
• Certified Treasury Professional preferred.
• Occasional travel required.

Benefits you'll love:

We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email [e-mail] or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation