Operational Risk Manager

Job Title:

Location:

What you'll do:

What we are looking for:

Responsibilities:

• Assist in the execution of the Bank's Operational Risk Management (ORM) Framework.
• Review draft issue observations with all key stakeholders and perform effective challenge on the appropriateness of the management action plan prior to opening issue.
• Review issue closure packages and ensure management action plan was closed appropriately.
• Enhance and implement the Operational Loss Program
• Monitor operational risk trends and provide analysis on loss data and other operational risk metrics.
• Review and provide challenge on key risk indicator (KRI) information.
• Assist with the implementation of the bank's new risk and control taxonomy across key risk identification and assessment tools (including RCSA, Issue Management, Event Management).
• Enhance and implement a Scenario Analysis program to examine and develop estimates of the impact and likelihood of plausible low likely-hood/high-impact operational loss events.
• Apply sound judgment in evaluating risks and controls; effectively challenge first line of defense on the identification and disposition of risks, and the adequacy of controls.
• Contribute to various enterprise risk management initiatives, produce high quality deliverables including procedure documents, reports, and presentations for all levels of management.
• Collaborate across work streams and support cross-functions for ERM/ORM program enhancements.

Qualifications:

• Bachelor's degree required in related field.
• 6 years of direct, related experience - Risk Management, Internal Audit, or internal controls.
• Ability to be flexible and manage various projects and competing priorities.
• Excellent verbal and written skills.
• Ability to effectively manage multiple deliverables and be able to identify and implement process improvements.
• Knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
• Knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.

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 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