Senior Operational Risk Program Lead

Western Alliance Bancorporation; Phoenix (AZ); On-site; USD 110,000 - 140,000; 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 an Operational Risk Program Manager to lead teams developing and implementing risk programs across the organization. You will drive risk assessments, controls testing, and GRC initiatives while partnering with business stakeholders.

You will administer the Operational Loss and Scenario Analysis programs, ensuring adherence to policy standards and regulatory expectations, and advancing program maturity with automation and reporting enhancements.

Qualifications

• 5+ years of related experience in Risk Management, Internal Audit, SOX, and Financial Institutions or similar field.
• Advanced speaking and writing communication skills.
• Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Knowledge of risk and control frameworks (COSO ERM Framework, Basel etc.).

Responsibilities

• Execute and enhance the Operational Loss Program, including maintaining standards and procedures, providing guidance and training, and reporting on activity and trending.
• Execute and enhance the Operational Risk Scenario Analysis Program and collaborate with first and second lines of defense for CCAR and Capital Stress Test scenarios.
• Support Risk Management in driving consistency and alignment of risk programs, ensuring governance structures and methodologies are applied enterprise-wide.
• Identify and implement enhancements to risk frameworks, reporting processes, and enabling tools to improve efficiency and data quality.
• Monitor enterprise risk trends, identify emerging risks, and escalate where risk levels exceed thresholds.
• Develop and deliver timely risk reporting for senior management and risk governance committees.

Skills

Risk management

Communication skills

General banking operations knowledge

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Western Alliance Bank seeks an Operational Risk Program Manager to lead teams developing and implementing risk programs across the organization. You will drive risk assessments, controls testing, and GRC initiatives while partnering with business stakeholders.

You will administer the Operational Loss and Scenario Analysis programs, ensuring adherence to policy standards and regulatory expectations, and advancing program maturity with automation and reporting enhancements.