Principal Analyst I

Western Alliance Bank; Phoenix (AZ); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive salaries

Ownership stake in the company

Medical and dental insurance

Time off

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bank seeks a Principal Analyst I to lead the review of processes and metrics driving operational effectiveness in a banking environment.

You will identify constraints, develop options, and drive solutions while ensuring artifacts describe current state processes and KRIs/KPIs are maintained.

Qualifications

• 8+ years of related experience.
• Bachelor's degree in related field required.
• Previous leadership experience preferred.
• Advanced knowledge of general Financial Services or Banking is preferred.
• Strong understanding of P2P processes and data-driven solutions.

Responsibilities

• Lead reviews of current processes and metrics to improve operational effectiveness.
• Identify constraints or opportunities that influence business and technology strategy.
• Develop options and drive implementation of solutions to achieve results.
• Ensure artifacts accurately describe current state processes and metrics.
• Collaborate with enterprise SMEs and stakeholders across units to tackle complex issues.
• Maintain KRIs, KPIs, and Operational Metrics and socialize approvals.
• Bridge business and technology teams to translate procurement needs into scalable solutions.
• Support testing activities including UAT planning and defect resolution.

Skills

Leadership

Data analysis

P2P processes

Communication skills

Microsoft Office

Education

Bachelor's degree

Tools

Oracle Fusion

Coupa

Levelpath

Lucidchart

Visio

Job description

Job Title

Principal Analyst I

Location

Block 23

What You'll Do

As a Principal Analyst I, you'll lead activities to review current processes and metrics that support operational effectiveness, identify constraints or opportunities that inhibit or accelerate the business and technology strategy. You'll develop options or approaches to improve business outcomes, and drive implementation of solutions to achieve desired results. You'll also be accountable for the development and review of artifacts to ensure they accurately describe current state processes, practices, and/or metrics, determining root cause for constraints in the process. Additionally, you'll take part in the identification of alternative processes and practice options with associated impact on KRIs/KPIs or Operational Metrics. You'll also track and communicate enhancements to the current process and practices as to whether the desired results are being realized through the use of data, metrics, and other quantitative measures. Additionally, as the Principal Analyst I, you'll engage with enterprise subject matter experts and stakeholders to tackle complex issues or opportunities that require significant coordination and alignment across different business units. You'll be accountable for understanding the problem statement or opportunity, capturing current state insights while also providing options and recommendations to the identified stakeholders. In this role you'll also identify, socialize, and gather necessary approvals for the upkeep of, KRIs, KPIs, and Operational Metrics.

As a Principal Analyst I, you'll lead activities to review current processes and metrics that support operational effectiveness, identify constraints or opportunities that inhibit or accelerate the business and technology strategy. You'll develop options or approaches to improve business outcomes, and drive implementation of solutions to achieve desired results. You'll also be accountable for the development and review of artifacts to ensure they accurately describe current state processes, practices, and/or metrics, determining root cause for constraints in the process. Additionally, you'll take part in the identification of alternative processes and practice options with associated impact on KRIs/KPIs or Operational Metrics. You'll also track and communicate enhancements to the current process and practices as to whether the desired results are being realized through the use of data, metrics, and other quantitative measures. Additionally, as the Principal Analyst I, you'll engage with enterprise subject matter experts and stakeholders to tackle complex issues or opportunities that require significant coordination and alignment across different business units. You'll be accountable for understanding the problem statement or opportunity, capturing current state insights while also providing options and recommendations to the identified stakeholders. In this role you'll also identify, socialize, and gather necessary approvals for the upkeep of, KRIs, KPIs, and Operational Metrics.

You will also act as a bridge between business and technology teams to translate procurement needs into scalable solutions, while driving process optimization, improving data quality, and delivering cross-functional improvements aligned with enterprise goals.

• Lead on programs and expected to lead activities to ensure that both the business outcomes of the project are achieved as well as the outcomes are aligned to our business strategy. This position will also define the work breakdown structure for all involved teams, by setting and meeting the deadlines for that work, lead discussions to gather requirements and review artifacts, while working to resolve issues that impede progress.
• Develop list of critical documentation and artifacts to meet project objectives, complete of high quality deliverables, and effectively communicate learnings, findings, impacts, and next steps with subject matter experts or project stakeholders.
• Use deep understanding of Microsoft Office tools, Diagramming Software (e.g. Lucid, Visio, etc.), and/or other appropriate technical tools in review of Banking processes, functions, or organizational models within a specific domain or functional area utilizing critical thinking skills and strong communication skills to develop clear and concise narratives or communications.
• Leverage Risk Management experience from a large financial institution subject to heightened standards, specifically in risk, compliance, or corporate governance.
• Provide strategic oversight and technical guidance for the Procure-to-Pay (P2P) ecosystem while collaborating with cross-functional teams to translate business requirements into scalable, resilient system solutions that ensure data integrity and operational efficiency.
• Partner closely with developers, architects, and cross-functional teams to support and optimize Procure-to-Pay (P2P) processes by ensuring seamless system interactions, reliable data exchange, and consistent processing across interconnected platforms.
• Supporting testing activities including UAT planning, execution, and defect resolution.

What You'll Need

• 8+ years of related experience.
• Bachelor's degree in related field required.
• Previous leadership experience preferred.
• Advanced knowledge of general Financial Services or Banking is preferred.
• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced to expert in process and data analysis within one or two domains or functional areas with deep critical thinking skills.
• Experience working as a SME across one or two domains or functional areas.
• Strong understanding of Procure-to-Pay (P2P) processes, with the ability to translate procurement, accounts payable, and finance operations into scalable system designs and data-driven solutions.
• Hands-on experience with procurement technology platforms (e.g., Oracle Fusion, Coupa, Levelpath), focusing on system configuration, data integrity, performance optimization, and end-to-end workflow reliability.
• Advanced speaking and writing communication skills.
• 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
• a wellness program

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