Western Alliance Bank

Western Alliance Bank

Senior Model Risk Manager

Phoenix, AZ · Senior

Sponsorship not specifiedDetected 2 days ago
AccessibilityPerformance ManagementLoad TestingLeadershipCommunicationMentoringRisk Modeling

About the role

  • You'll oversee and conduct model validation activities, including assessing model accuracy, stability, and suitability for intended use.
  • About the company: Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation.
  • Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities.

Responsibilities

  • Lead and develop a team; responsible for hiring, coaching, performance management, training and development.
  • You'll develop, implement, and maintain a robust model risk management framework, ensuring it aligns with industry best practices and regulatory requirements.
  • You'll establish and maintain model governance policies and procedures as well as communicate model risk information to stakeholders, including senior management, business units, and regulators.

Requirements

  • 8+ years of related experience in Finance (GL Mgmt., Public Reporting, Analysis) or similar field.
  • Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Advanced to expert knowledge of formal methodologies and disciplines for credit risk modeling at a financial institution regulated by the OCC or Federal Reserve.
  • Advanced to expert knowledge of stress testing concepts and related regulatory guidance (such as the Fed Letter SR11-7).
  • Occasional travel required.
  • Prepare model risk information reports and any other ad-hoc reports as required and develop risk management controls and procedures.

Nice to have

  • Masters or MBA in related field required
  • PhD in related field preferred.
  • Previous leadership experience preferred.

Company info

  • Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation.
  • 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.
  • Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, 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

This listing is sourced directly from Western Alliance Bank's careers page and normalized into a canonical job model.