First Line Risk & Control Analyst

Western Alliance Bank; United States; On-site; USD 70,000 - 95,000; Full time

Benefits offered by this job

Competitive salaries

Ownership stake

Medical and dental insurance

Time off

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank is seeking a First Line Risk Control Analyst to serve as a frontline risk professional supporting a range of risk programs and business unit activities. You will interact with business units to manage risks and controls, monitor policies, and help prepare risk updates with data from multiple sources.

You will review processes, document maps, and identify gaps while communicating with risk experts about issues, including third parties and regulatory matters.

Qualifications

• 2 years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
• Bachelor's degree in related field required.
• Knowledge of general banking operations and regulatory obligations.
• Experience documenting process maps and risk controls.
• Strong written and verbal communication skills.

Responsibilities

• Support and/or execute risk programs and business unit risk activities in line with risk appetite.
• Engage with business units to manage risks and controls across risk types.
• Serve as a communication channel between Risk Management and business units.
• Prepare and refresh Risk and Control updates using data from various sources.
• Facilitate meetings to review process understanding and map documentation.
• Drive timely project execution and deliverables.

Skills

Risk Management

Regulatory Compliance

Internal Audit

Process Mapping

Communication Skills

Education

Bachelor's degree

Tools

Process Mapping Software

Job description

Job Title: First Line Risk Control Analyst Location: CityScape

What you ll do:

• As a First Line Risk Control Analyst you'll work as a first line of defense risk professional responsible for support and/or execution of various risk programs and business unit risk activities in adherence with the Company's risk appetite and corporate strategy.
• In this role you'll engage with business units in the management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and/or program requirements.
• You’ll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units.
• Support the timely preparation and execution of the Risk and Control updates and refresh information through the collection of data from various sources as defined in desktop procedures.
• Facilitate meetings to review process understanding and process map documentation.
• Provide effective and timely execution of projects with a sense of urgency for deliverables.
• Review policies and procedures to document process maps and narratives.
• Support identification of risks and controls in processes under review including the drafting of risks and controls in line with standards.
• Provide assessment of control environment and determine effective risk mitigation or identify gaps.
• Support conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties, issues, regulatory, legal matters, etc.

What you ll need:

• 2 years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
• Bachelor s degree in related field required.
• Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Entry level to intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services.
• Entry level to intermediate knowledge of and experience in documenting process maps in process mapping software.
• Experience identifying risks and controls in processes.
• Intermediate speaking and writing communication skills.

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

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 HR westernalliancebank.com 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