First Line Risk & Control Senior Analyst

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 85,000 - 120,000; Full time

Job summary

Western Alliance Bancorporation is seeking a First Line Risk & Control Senior Analyst in CityScape, Phoenix, to support and/or execute risk programs in line with risk appetite and corporate strategy.

You will work with business units to manage risk across all types, monitor policies, and communicate between Risk Management and business units, with a focus on timely risk updates and control assessments.

Qualifications

• 4+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
• Intermediate knowledge of general banking operations and regulatory obligations.
• Experience documenting process maps and risk controls.
• Strong written and verbal communication skills.

Responsibilities

• Assist in risk and control updates and data collection from defined sources.
• Execute projects with urgency and document process maps and narratives.
• Identify risks and controls in processes and assess control environments.
• Communicate with risk SMEs about risk factors, issues, and regulatory matters.

Skills

Risk management

Regulatory compliance

Internal audit

Communication skills

Process mapping

Stakeholder engagement

Education

Bachelor's degree

Job description

Job Title: First Line Risk & Control Senior Analyst

Location: CityScape

What you'll do:

As a First Line Risk & Control Senior 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 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:

• 4+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
• Bachelor's degree in related field required.
• Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services.
• 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:

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