Financial Reporting Manager

Western Alliance Bank; Phoenix (AZ); On-site; USD 120,000 - 170,000; Full time

Benefits offered by this job

Competitive salary

401k matching

Tuition assistance

Employee volunteering program

Wellness program

Ownership stake

Job summary

Western Alliance Bank seeks a Financial Reporting Manager to oversee the Regulatory Reporting function and ensure timely, accurate delivery of statutory and regulator reports. The role requires SME-level Basel knowledge, SOX compliance, and leadership across the department.

You will manage daily to quarterly reporting to Federal Reserve, coordinate audits, and drive continuous improvements while supporting growth initiatives and internal controls enhancements.

Qualifications

• Bachelor’s degree in related field required; Masters or MBA preferred.
• Experience with Basel rules and capital ratio calculations preferred.
• Strong leadership experience required; ability to supervise without day-to-day oversight.
• Intermediate to advanced knowledge of banking operations and regulatory obligations.

Responsibilities

• Lead the preparation and review of Basel Capital Ratios quarterly as SME.
• Lead Basel NPR implementation from a reporting perspective.
• Assist with LFI readiness including Y-14 M/Q/A, Y-15, FFIEC 031.
• Oversee daily, weekly, monthly, and quarterly regulatory reports to Federal Reserve.
• Stay current on GAAP, banking regulators, and related industry practices.
• Assess impact of changes and coordinate implementation with stakeholders.
• Support growth initiatives and cross-department collaboration.
• Develop relationships across functions for collaboration.
• Assist with external audits and regulatory examinations.
• Provide ad hoc reports to CAO and executive management.

Skills

Leadership

SOX compliance

GAAP knowledge

Analytical skills

Independent work

Time management

Education

Bachelor’s degree in related field

MBA or Master’s degree preferred

CPA preferred

Tools

AxiomSL

Microsoft Excel

Oracle

SQL Server

Workiva

Job description

What You'll Do

The Financial Reporting Manager (FRM) will report directly to a Financial Reporting Director and will be primarily responsible for overseeing the Company’s Regulatory Reporting function, performing both recurring and ad hoc duties, with accountability for timely and accurate delivery. The FRM is expected to have robust subject matter expertise (SME) and the ability to lead and manage functional areas without day-to-day tactical oversight. The FRM also plays a key role in ensuring compliance with SOX, policies and procedures, as well as applicable banking regulations.

• Lead the preparation and review of the Basel Capital Ratios on a quarterly basis. Serve as an SME for the capital calculation by providing insight for new business initiatives, timely responding to management requests, and documenting key interpretations and assumptions.
• Lead the implementation of the Basel NPR from a reporting perspective.
• Assist with Large Financial Institution Readiness (LFI), including but not limited to Y-14 M/Q/A, Y-15, FFIEC 031.
• Lead in the day-to-day operations of the Regulatory Reporting Department, including preparing and reviewing the daily, weekly, monthly, and quarterly reports filed with the Federal Banking Agencies, primarily the Federal Reserve.
• Remain current on recent rules, interpretations, and industry practices (GAAP, Banking Federal Registrars and Financial Institution Letters).
• Assess the impact of these changes on the Company and communicate with the relevant parties to ensure that any changes are correctly implemented.
• Support growth initiatives, including but not limited to new business lines, product extensions and M&A within their area of influence, ensuring that business initiatives are supported with regard to both launch dates and the necessary consideration of changes to internal controls, policies, and procedures.
• Actively develop relationships across functional areas to ensure cross departmental collaboration.
• Assist with external financial audits, regulatory examinations, and similar activities.
• Provide ad hoc reports customized to the needs of the Chief Accounting Officer or other members of executive management.

What You\'ll Need

• 4+ years of related experience in Accounting, Finance (GL Management, Public Reporting, Analysis) or similar field
• Experience with the Basel rules and calculation of capital ratios preferred.
• Bachelor’s degree in related field required; Masters or MBA in related field preferred.
• Previous leadership experience required.
• Certified Public Accountant preferred.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate to advanced experience with a Big 4 (or top tier) audit firm and/or current Regulatory reporting experience at a public company.
• Intermediate to advanced ability to work independently and balance multiple responsibilities simultaneously.
• Thorough understanding of GAAP and related accounting concepts.
• Expert speaking and writing communication skills.
• Exceptional analytical and organization skills.
• Effectively interact with all levels within the Company and subsidiaries.
• Ability to deal with difficult problems involving multiple facets and variables in non-standardized situations.
• Advanced computer skills including, but not limited to AxiomSL, Microsoft Excel, Oracle, SQL Server, and Workiva.
• 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, 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