Enterprise Risk Management (ERM) Senior Manager - Strategic Risk

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 150,000 - 190,000; Full time

Benefits offered by this job

Competitive salary

Ownership stake in the company

Health insurance

Dental insurance

Time off

401k matching

Tuition assistance

Volunteer program

Wellness program

Job summary

Western Alliance Bank, a subsidiary of Western Alliance Bancorporation, is seeking an Enterprise Risk Management Senior Manager - Strategic Risk to lead risk identification programs and governance. The role involves developing executive-ready materials for risk committees and board updates, and overseeing a small team to drive continuous improvement across enterprise risk management programs.

The position reports to the Enterprise Risk Management group and focuses on identifying, measuring,

Qualifications

• 8+ years of related experience in risk management, internal audit, SOX, and/or financial institutions.
• Advanced knowledge of risk management frameworks (COSO ERM, Basel, etc.).
• Excellent leadership and communication skills, with experience presenting to senior audiences.

Responsibilities

• Lead the execution, enhancement, and maturity of the Risk Identification program and related governance.
• Develop executive-ready materials for risk committees, CRO updates, and regulatory communications.
• Manage a small team and drive continuous improvement across ERM programs.

Skills

Risk management

COSO ERM

Leadership

Executive reporting

Regulatory compliance

Microsoft Office

Education

Bachelor's degree

Tools

Microsoft Office Suite

Job description

Enterprise Risk Management (ERM) Senior Manager - Strategic Risk

CityScape

What you'll do

As an ERM Senior Manager you'll lead the development, implementation, and continuous enhancement of programs to identify, measure, monitor, and control risks throughout the organization. You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, who is responsible for several enterprise wide programs, including Risk and Control Self Assessment (RCSA), Controls Testing, Governance Risk and Compliance (GRC) Platform and Program, Third-Party Risk Management, Policy Framework, and Technology and Information Security Risk Management. The Senior Manager - Strategic Risk will lead the program(s) execution and ongoing enhancement, ensuring consistent application of program methodologies, policies, standards, and regulatory requirements. The role will oversee key program activities, provide effective challenge to stakeholders, analyze trends and emerging risks, and drive improvements to program effectiveness and maturity. The Senior Manager will also play a significant role in developing reporting, metrics, training, governance routines, and continuous improvement initiatives that strengthen enterprise risk management practices.

• Lead the execution, enhancement, and ongoing maturity of the Bank's Risk Identification (Risk ID) program, including methodology, standards, and processes for identifying, validating, and reporting on enterprise risks.
• Serve as a strong contributor to the Risk Appetite program and enterprise risk committee reporting, helping develop executive-ready materials - including ERMC/DRC and Board decks, CRO updates, and regulatory communications - that distill complex risk topics into concise, decision-ready content for senior audiences.
• Manage a small size team (2-7) and help develop, train, and drive continuous improvement.

What you'll need

• 8+ years of related experience in Risk Management, Internal Audit, SOX, and/or Financial Institutions.
• Advanced knowledge and experience with risk and control frameworks (COSO ERM Framework, Basel, etc.).
• Bachelor's degree in related field required.
• Previous leadership experience required.
• Advanced knowledge of industry and professional experience across one or more of the three lines of defense (e.g., banking operations, information technology, SOX, compliance, risk management, audit).
• Advanced knowledge of risk management tools and systems and advanced proficiency in Microsoft Office Suite (Word, Excel, Copilot, and PowerPoint).
• Advanced technical knowledge of risk identification and risk appetite methodologies and frameworks, and enterprise risk committee governance, including experience translating enterprise risks into executive- and Board-level reporting.

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, 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 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