First Line Risk & Control Manager

Western Alliance Bank; Phoenix (AZ); On-site; USD 90,000 - 165,000; Full time

Benefits offered by this job

Competitive salaries

Ownership stake in the company

Medical and dental insurance

401(k) matching program

Tuition assistance program

Wellness program

Employee volunteer program

Job summary

Join a leading bank as a First Line Risk & Control Manager responsible for managing and overseeing risk programs and activities across business units. This role requires strong leadership and extensive experience in risk management to ensure adherence to corporate strategies while effectively communicating across departments.

Qualifications

• 7+ years of related experience in risk management or similar fields.
• Previous leadership experience required.
• Advanced knowledge in compliance and banking operations.

Responsibilities

• Engage with Business Units in the management of risks and controls.
• Drive preparation and execution of Risk and Control updates.
• Lead and develop a team, responsible for coaching and performance management.

Skills

Advanced analytical skills

Expert communication skills

Risk assessment skills

Education

Bachelor's degree in related field

Job description

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What You'll Do

First Line Risk & Control Manager - This role is a first line of defense risk professional responsible for support and/or execution of various risk programs and Business Unit (BU) risk activities in adherence with the Company's Risk Appetite and Corporate Strategy. This role is responsible for engaging with the BU in management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and/or program requirements, to effectively manage risks, and serving as an effective communication channel between the Risk Management Department and business units.

• Drive the preparation and execution of the Risk and Control updates / refresh (for low to moderate complex business functions) through collection of data from various sources as defined in desktop procedures. Develop a plan to ensure timely execution of risk management processes with business stakeholders; ensure common understanding of activities and milestones with all parties involved.
• Review policies and procedures to document process maps, risks and controls, and narratives and/or guide analysts in this activity. Identify and confirm risks and controls in processes under review including the drafting of risks and controls in line with standards. Guide assessment of control environment and determining effective risk mitigation or identification of gaps.
• Support and/or guide conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties / vendors, issues, regulatory or legal matters, etc. Conduct / oversee meetings with clear objectives, outcomes, and follow-up items.
• Understands of the department's role in risk management and communicate the importance of different stakeholders and risk management in general. Maintains all required documentation per Procedures and Standards to showcase progress and completion of risk & control inventory and RCSA activities.
• Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
  
  

Job Title

First Line Risk & Control Manager

Location:

CityScape

What You'll Do

First Line Risk & Control Manager - This role is a first line of defense risk professional responsible for support and/or execution of various risk programs and Business Unit (BU) risk activities in adherence with the Company's Risk Appetite and Corporate Strategy. This role is responsible for engaging with the BU in management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and/or program requirements, to effectively manage risks, and serving as an effective communication channel between the Risk Management Department and business units.

• Drive the preparation and execution of the Risk and Control updates / refresh (for low to moderate complex business functions) through collection of data from various sources as defined in desktop procedures. Develop a plan to ensure timely execution of risk management processes with business stakeholders; ensure common understanding of activities and milestones with all parties involved.
• Review policies and procedures to document process maps, risks and controls, and narratives and/or guide analysts in this activity. Identify and confirm risks and controls in processes under review including the drafting of risks and controls in line with standards. Guide assessment of control environment and determining effective risk mitigation or identification of gaps.
• Support and/or guide conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties / vendors, issues, regulatory or legal matters, etc. Conduct / oversee meetings with clear objectives, outcomes, and follow-up items.
• Understands of the department's role in risk management and communicate the importance of different stakeholders and risk management in general. Maintains all required documentation per Procedures and Standards to showcase progress and completion of risk & control inventory and RCSA activities.
• Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
  
  

What You'll Need

• 7+ years of related experience or similar field.
• Bachelor's degree in related field required.
• Previous leadership experience required.
• Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced experience in Compliance, Operations Management, Audit, Risk Management, or related field. Advanced analytical skills to determine key areas of focus, summary of meetings and key decisions and actions.
• Advanced knowledge of and experience in documenting process maps in process mapping software. Advanced experience identifying risks and controls in processes and performing/guiding risk and control self-assessments and other risk management activities.
• Expert speaking and writing communication skills.
  
  

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

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