Risk Analyst

4 days ago

Phoenix, AZ, United States Western Alliance Bank Full time
Job Title:
Risk Analyst

Location:
CityScape

What you'll do:
The Risk Analyst is responsible for supporting the organization's risk management framework by performing control testing, managing issues, and facilitating the Risk and Control Self-Assessment (RCSA) process. This role ensures that operational, compliance, and strategic risks are identified, assessed, and mitigated in alignment with regulatory requirements and internal policies.
  • Control Testing
    • Execute periodic testing of key controls to validate design and operating effectiveness.
    • Document test results, identify gaps, and recommend remediation actions.
    • Collaborate with process owners to ensure timely resolution of control deficiencies.
  • Issue Management
    • Track and monitor risk issues from identification through remediation.
    • Partner with stakeholders to develop corrective action plans and verify implementation.
    • Maintain accurate issue logs and provide status reporting to management.
  • Risk and Control Self-Assessment (RCSA)
    • Coordinate and facilitate RCSA workshops with business units.
    • Assist in identifying key risks and controls, ensuring proper documentation in risk systems.
    • Analyze RCSA results to highlight trends, emerging risks, and areas requiring attention.
  • Reporting & Analytics
    • Prepare risk dashboards and metrics for senior management and governance committees.
    • Support regulatory and internal audit requests related to risk and control activities.
  • Continuous Improvement
    • Contribute to enhancements in risk management processes, tools, and methodologies.
    • Stay informed on industry best practices and regulatory developments.
What you'll need:
  • 4+ years of related experience including 2 years of Risk Management, internal audit or compliance.
  • High school diploma required; Bachelor's degree in related field preferred.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate experience with data analysis and research with the ability to identify and escalate cases or inquiries to mitigate bank risks.
  • Intermediate skills in MS Office Suite.
  • Intermediate experience with banking applications and systems preferred.
  • Intermediate speaking and writing communication skills.


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 is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is 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 HR@westernalliancebank.com 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

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