Credit Risk Review Manager

4 weeks ago


Scottsdale, Arizona, United States Western Alliance Bank Full time

Job Title: Credit Risk Review Manager

Location: Scottsdale

Job Summary:

This position is responsible for developing, planning, and executing a quarterly continuous safety and soundness examination model for Western Alliance Bank's residential mortgage lending units. The Credit Risk Review Manager will perform and lead activities that evaluate the quality of credit and correspondent counterparty risk management processes and controls executed by the residential mortgage business units.

Key Responsibilities:

  • Develop, plan, and execute a continuous safety and soundness examination model designed to identify and evaluate the effectiveness of credit and counterparty risk management processes and controls.
  • Conduct continuous portfolio and correspondent counterparty risk monitoring.
  • Conduct independent risk assessments of planned new and existing residential mortgage products and lending programs.
  • Identify and document quarterly safety and soundness examination results, including any discrepancies or deficiencies in the loan or counterparty files, in a concisely written and constructive quarterly report.
  • Monitor credit risk in the residential lending portfolios to identify asset quality deterioration or negative management control trends; and review compliance with credit policies/underwriting guidelines and regulations.

Requirements:

  • Experienced credit risk professional with minimum five years of residential mortgage credit risk experience, preferably with a background in residential mortgage underwriting and credit risk management.
  • Successful completion of formal credit training program is preferred, but not necessary.
  • Previous credit risk review experience is preferred, but not necessary.
  • Minimum Bachelor's degree in Accounting, Finance, Economics, or a related discipline.

What We Offer:

Western Alliance Bank offers a competitive salary range for new hires, ranging from $149,295.00 to $175,642.00 for Westlake Village, CA, and $132,710.00 to $156,127.00 for Las Vegas, NV. The role may also be eligible for annual bonus/incentives earned and restricted stock. In addition, we offer a comprehensive benefits package, including medical and dental insurance, time off, a great 401k matching program, tuition assistance program, employee volunteer program, and a wellness program.



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