Principal Analyst I

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Ownership stake

Medical and dental insurance

401k matching program

Tuition assistance program

Employee volunteer program

Wellness program

Job summary

Western Alliance Bancorporation is seeking a Principal Analyst I to lead programs that optimize Procure-to-Pay and related processes. You will translate business requirements into scalable system solutions, drive data quality, and coordinate across business units to meet enterprise goals.

The role requires 8+ years in financial services with strong risk, compliance, and data analysis skills, plus hands-on experience with P2P platforms and cross-functional collaboration.

Qualifications

• 8+ years of related experience in financial services or banking.
• Advanced knowledge of risk, compliance, or corporate governance within a large financial institution.
• Strong to expert ability in process and data analysis across domains with critical thinking.

Responsibilities

• Lead programs and coordinate cross-functional activities to align with business strategy and project objectives.
• Develop artifacts describing current state processes, metrics, and root causes; propose scalable solutions.
• Translate procurement needs into system designs and data-driven improvements within the Procure-to-Pay (P2P) ecosystem.

Skills

Risk management

Data analysis

Stakeholder communication

Process improvement

Leadership

Regulatory knowledge

SME in domains

Education

Bachelor's degree in related field

Tools

Oracle Fusion

Coupa

LevelPath

Job description

Job Title:Principal Analyst ILocation:Block 23What 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.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, 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