Frontline Risk & Controls Analyst

Western Alliance Bank; Phoenix (AZ); On-site; USD 75,000 - 110,000; Full time

Benefits offered by this job

Ownership stake

Medical and dental insurance

Time off

401k matching

Tuition assistance

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank is seeking a First Line Risk & Control Analyst to partner with business units, monitor risk programs, and manage controls across risk types. You’ll help prepare risk updates, document process maps, and support risk conversations with SMEs.

A Bachelor’s degree and 2+ years in risk, compliance, or audit are required. You will engage in policy reviews, risk assessments, and control documentation, contributing to our risk-aware culture and adherence to the company’s risk

Qualifications

• 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.

Responsibilities

• 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.

Skills

Risk Management

Regulatory Compliance

Internal Audit

Banking Operations

Process Mapping

Communication Skills

Education

Bachelor's degree

Tools

Process Mapping Software

Job description

Western Alliance Bank is seeking a First Line Risk & Control Analyst to partner with business units, monitor risk programs, and manage controls across risk types. You’ll help prepare risk updates, document process maps, and support risk conversations with SMEs.

A Bachelor’s degree and 2+ years in risk, compliance, or audit are required. You will engage in policy reviews, risk assessments, and control documentation, contributing to our risk-aware culture and adherence to the company’s risk