Enterprise Risk Management (ERM) Senior Data Analyst

Western Alliance Bank; Phoenix (AZ); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Competitive salaries

Ownership stake

Medical and dental insurance

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank is seeking an Enterprise Risk Management (ERM) Senior Data Analyst to drive technology risk reporting and analytics within the risk framework. You will partner with FLOD, design Power BI dashboards, and integrate IT, IS, TP, and DM data sources to risk monitoring platforms.

Requirements include 2+ years in data analysis or risk analytics, 4+ years in risk management or related fields, a bachelor’s degree, and experience with COBIT, NIST, ITIL, DCAM, or DMBOK.

Qualifications

• Experience in data analysis, BI, or risk analytics within financial services.
• Strong knowledge of risk management frameworks and controls.
• Excellent written and verbal communication skills.

Responsibilities

• Design, build, and maintain Power BI dashboards and reports delivering actionable technology risk insights.
• Identify and analyze technology, operational, financial, and strategic risks across the organization to provide data-driven insights.
• Support integration of IT, Information Security, Third Party, and Data Management data sources for risk monitoring platforms.
• Identify and implement automation opportunities in reporting to improve workflow efficiency.
• Conduct assessments of 1LOD functions using COBIT, NIST, ITIL, DCAM, and DMBOK and relevant regulations.

Skills

Data analysis

Business intelligence

Risk analytics

Communication

Education

Bachelor’s degree

Tools

Power BI

Job description

Job Title: Enterprise Risk Management (ERM) Senior Data Analyst

Location: CityScape

What you’ll do:

As a Senior Enterprise Risk Management Analyst you’ll execute the strategy of the Bank’s Enterprise and Operational Risk Management Framework by driving technology risk reporting and analytics. You’ll play a key role in establishing Operational Risk Management programs with a focus on the Risk and Control Self-Assessment (RCSA), including assisting in maturing the methodology and standards. You’ll establish strong partnerships and collaborate with Business Units across the First Line of Defense (FLOD) to identify risks and controls, review control design and descriptions. Provide guidance to the FLOD to develop effective controls to mitigate key risks.

• Identify potential risks across the organization, including operational, financial, and strategic risks by analyzing technology risk datasets (operational loss, compliance, financial exposures) to identify trends and emerging risks, offering validated, data-driven insights to senior management.
• Design, build, and maintain Power BI dashboards and reports that deliver actionable technology risk insights to business partners and leadership.
• Support the integration of key Information Technology (IT), Information Security (IS), Third Party (TP), and Data Management (DM) data sources to risk monitoring reporting platforms.
• Identify and implement automation opportunities in reporting to enhance workflow efficiency and consistency; document and refine processes regularly..
• Conduct assessments of 1LOD functions by using industry-standard frameworks such as COBIT, NIST, ITIL, DCAM, and DMBOK, along with applicable regulations, to provide guidance on requirements concerning processes, controls, and key metrics (KRIs and KPIs).
• Serve as a technology and data management risk expert on committees and working groups, fostering strong internal relationships.
• Develop and implement risk mitigation strategies and controls, ensuring alignment with the organization’s risk appetite.
• Work with the FLOD to provide guidance and effective challenge for operational risks assessments and collaborate with teams across the organization.

What you’ll need:

• 2+ years of professional experience in data analysis, business intelligence, or risk analytics within financial services or similar industry.
• 4+ years of related experience in Risk Management, Internal Audit, Finance (GL Mgmt., Public Reporting, Analysis) or similar field.
• Bachelor’s degree in related field or 4+ years of direct work experience required.
• Knowledge of industry-standard frameworks such as COBIT, NIST, ITIL, DCAM, and DMBOK, along with applicable regulations such as FFIEC.
• Experience with data visualization and analytics (Power BI) required.
• Intermediate speaking and writing communication skills.
• General knowledge of banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• General knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• General knowledge of industry and professional experience across one or more of the three lines of defense (e.g., compliance, risk management, information technology, or audit).
• General knowledge of Risk and Control Self-Assessment (RCSA) including controls testing methodology.

Benefits you’ll love:

• 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
• a wellness program
• 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, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified appl