Senior Model Risk Analyst
1 week ago
Senior Model Risk Analyst
Location:
CityScape
What you'll do:
Western Alliance Bank (WAL) is seeking a Senior Model Risk Analyst to join its Model Risk Management Group. In this role, you will collaborate closely with the Model Validation Director to identify, assess, mitigate, and monitor model risk, while contributing to the ongoing development of the bank's Model Risk Management program. You will perform independent testing and validation to evaluate model accuracy and robustness across various scenarios and market conditions, quantify risks arising from model limitations, and develop compensating controls. Additionally, you will produce high-quality validation reports that clearly communicate model risks and limitations.
- Apply statistical, financial, economic, and business expertise to conduct independent model validation activities in accordance with the bank's Model Risk Management Policy and Federal Reserve SR 11-7 (including evaluating conceptual soundness, reviewing ongoing monitoring plans and reports, and conducting outcomes analysis and benchmarking etc.).
- Prepare comprehensive model validation reports and presentations.
- Ensure effective remediation of identified model risk issues.
- Contribute to the development and implementation of model risk management policies and procedures.
- Stay current with research and trends in statistical modeling and model risk management.
- Minimum of 5 years of relevant experience in validating and/or developing CCAR/CEL models (e.g., PD, LGD, EAD) within the financial services industry.
- For Masters degree, 5+ years of related work experience, for PhDs, 2-3 years or more related work experience
- Intermediate to Advanced knowledge of regulatory and legal compliance obligations, industry standards, and best practices.
- Intermediate to Advanced project management skills and ability to manage multiple projects independently.
- Intermediate to Advanced experience in general banking operations, including deposit operations, loan administration, treasury management, and other commercial banking products and services.
- Intermediate to Advanced quantitative modeling, analytical, research, and programming skills.
- Intermediate to Advanced experience with Python, R, or SAS, with hands-on experience in SQL.
- Intermediate to Advanced verbal and written 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
-
Senior Manager/Director of Model Risk Management
2 weeks ago
Phoenix, AZ, United States Top Talent LLC Full timeTitle: Senior Manager/Director of Model Risk Management Company: Leading Financial Services Organization | Publicly Traded Company Locations: Phoenix, AZ or St. Louis, MO Schedule: Full-Time Job Overview The Senior Manager/Director of Model Risk Management will focus establishing and managing the model risk management program, a comprehensive framework for...
-
Senior Enterprise Risk Management
2 days ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob Title: Senior Enterprise Risk Management (ERM) Analyst Location: CityScape What you'll do: As a Senior Enterprise Risk Management Analyst, you'll lead the strategy and execution of the Bank's Enterprise and Operational Risk Management Framework. You'll play a key role in executing the Operational Risk Management programs with a focus on the Issue...
-
Senior Enterprise Risk Management
4 hours ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob Title: Senior Enterprise Risk Management (ERM) Analyst Location: CityScape What you'll do: As a Senior Enterprise Risk Management Analyst, you'll lead the strategy and execution of the Bank's Enterprise and Operational Risk Management Framework. You'll play a key role in executing the Operational Risk Management programs with a focus on the Issue...
-
Financial Risk Senior Analyst
1 week ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob Title: Financial Risk Senior Analyst - Investment Portfolio Oversight Location: CityScape What you'll do: The Market Risk Team within Financial Risk Management Group (FRM) oversees risk-taking activities of Treasury focusing specifically on Interest Rate Risk and Investment Portfolio exposures. The team facilitates effective use of risk appetite to...
-
Risk Analyst
6 days ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob 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,...
-
Risk Analyst
1 week ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob 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,...
-
Risk Analyst
4 days ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob 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,...
-
Risk Analyst
2 days ago
Phoenix, AZ, United States Western Alliance Bank Full timeJob 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,...
-
Risk Process Analyst
6 days ago
Phoenix, AZ, United States Bank of America Full timeRisk Process Analyst Charlotte, North Carolina, United States;Plano, Texas; Phoenix, Arizona To proceed with your application, you must be at least 18 years of age. Acknowledge Refer a friend To proceed with your application, you must be at least 18 years of age. Acknowledge...
-
Risk Process Analyst
6 days ago
Phoenix, AZ, United States Bank of America Full timeRisk Process Analyst Charlotte, North Carolina, United States;Plano, Texas; Phoenix, Arizona To proceed with your application, you must be at least 18 years of age. Acknowledge Refer a friend To proceed with your application, you must be at least 18 years of age. Acknowledge...
