Senior Portfolio Risk & Capital Markets Analyst

Western Alliance Bancorporation; Dallas (TX); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Competitive salary

Job summary

Western Alliance Bancorporation seeks a Senior Capital Markets & Investment Portfolio Risk Analyst to provide independent risk oversight for Treasury and Mortgage Capital Markets activities. You will monitor market, liquidity, and capital risks, partner with Treasury and Mortgage Capital Markets, and challenge assumptions to strengthen risk governance.

The role emphasizes analytical rigor, cross-team collaboration, and effective communication with senior management, with compensation and bonus

Qualifications

• Bachelor's degree in finance, economics, mathematics, or related field; CFA/FRM preferred.
• 4+ years in Asset Liability Management, investment portfolio oversight, Mortgage Capital Markets, or related field with a strong focus on analytics.
• Familiarity with fixed income securities, derivatives, and/or hedging instruments.
• Understanding of regulatory frameworks and risk management principles.
• Strong understanding of second line of defense principles.
• Analytical mindset with attention to detail.
• Ability to work collaboratively with different teams.
• Good written and verbal communication skills.

Responsibilities

• Independently review risk exposures within investment securities, mortgage servicing asset, and loans held for sale portfolios.
• Monitor portfolio composition and risk measures including duration, convexity, market value sensitivity, unrealized gain/loss positions, asset yields, valuation risk, and hedge effectiveness.
• Monitor and assess hedging strategies and asset portfolio performance under various market conditions.
• Review and validate management assumptions, model outputs, and stress testing used to support risk decisions.
• Evaluate emerging market developments and their impact on asset performance and risk exposures.
• Produce and enhance risk reporting delivered to executive management and governance committees.
• Identify portfolio trends, emerging risks, limit concerns, and material market developments requiring management attention.
• Monitor adherence to Board-approved risk limits and regulatory requirements.
• Build effective relationships across Treasury and Mortgage Capital Markets teams to gather data and support risk oversight activities.
• Support the documentation of risk reviews, challenge activities, and oversight processes in accordance with governance standards.

Skills

Analytical mindset

Attention to detail

Team collaboration

Written and verbal communication

Risk governance understanding

Education

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

CFA/FRM preferred

Job description

Western Alliance Bancorporation seeks a Senior Capital Markets & Investment Portfolio Risk Analyst to provide independent risk oversight for Treasury and Mortgage Capital Markets activities. You will monitor market, liquidity, and capital risks, partner with Treasury and Mortgage Capital Markets, and challenge assumptions to strengthen risk governance.

The role emphasizes analytical rigor, cross-team collaboration, and effective communication with senior management, with compensation and bonus