Senior Financial Risk Analyst - Ownership & Growth

Western Alliance Bancorporation; Dallas (TX); On-site; USD 90,000 - 150,000; Full time

Benefits offered by this job

Competitive salaries

Employee ownership stake

Medical and dental insurance

Time off

401k matching program

Tuition assistance program

Volunteer program

Wellness program

Job summary

Western Alliance Bank, a subsidiary of Western Alliance Bancorporation, seeks a Senior Financial Risk Analyst to support risk oversight for investment and mortgage asset portfolios, including hedging activities. The role emphasizes risk reporting, data gathering with Treasury and ALM teams, and adherence to regulatory standards.

The ideal candidate has 4+ years in risk analytics, strong quantitative skills, and a solid understanding of second line of defense governance.

Qualifications

• Bachelor's degree in finance, economics, mathematics, or related field; master's or CFA/FRM preferred.
• 4+ years in risk management, Asset Liability Management, investment portfolio oversight, or Mortgage Capital Markets with analytics focus.
• Familiarity with fixed income securities, derivatives, or hedging instruments is a plus.
• Intermediate to advanced knowledge of banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Intermediate to advanced knowledge of regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Understanding of regulatory frameworks and risk management principles.
• Strong understanding of second line of defense principles and governance.
• Analytical mindset with attention to detail.
• Ability to work collaboratively with different teams.
• Advanced written and verbal communication skills.

Responsibilities

• Risk Monitoring: Review investment portfolio and mortgage asset exposures and hedging strategies, including basic scenario analysis and stress testing.
• Prepare risk reports and summaries for management and risk committees.
• Work with Treasury, Mortgage Capital Markets, and Asset Liability Management teams to gather data and support risk oversight activities.
• Support documentation of oversight processes and ensure adherence to risk limits and regulatory requirements; review hedge performance metrics.
• Prepare risk oversight reports for senior management and risk committees.
• Ensure compliance with Board-approved risk limits and regulatory requirements.
• Maintain documentation of oversight processes and challenge activities.

Skills

Analytical mindset

Attention to detail

Team collaboration

Advanced written and verbal skills

Risk management knowledge

Governance and controls

Education

Bachelor's degree in finance, Economics, Mathematics, or related field

Master's degree or CFA/FRM preferred

Job description

Western Alliance Bank, a subsidiary of Western Alliance Bancorporation, seeks a Senior Financial Risk Analyst to support risk oversight for investment and mortgage asset portfolios, including hedging activities. The role emphasizes risk reporting, data gathering with Treasury and ALM teams, and adherence to regulatory standards.

The ideal candidate has 4+ years in risk analytics, strong quantitative skills, and a solid understanding of second line of defense governance.