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First Line Risk & Control Analyst

Western Alliance Bank

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At a glance

Compensation
No compensation found
Location
Darbydale, OH
Work Authorization
Not specified

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Requirements

Credentials this posting asks for.

Bachelor's degree

Job overview

The First Line Risk & Control Analyst supports or executes risk programs and business-unit risk activities, working with business units to manage risks and controls across risk types. The role monitors risk policies and program requirements, helps assess control environments, documents processes, and communicates between Risk Management and business units. It also supports discussions with subject matter experts about risk factors and issues.

Skills & qualifications

RequiredNice to have

Skills

Banking OperationsRegulatory ComplianceProcess MappingRisk IdentificationControl AssessmentCommunication

Qualifications

2+ Years Related ExperienceBachelor's Degree in Related Field

Benefits

Medical Insurance
Dental Insurance
Paid Time Off
401(k) Match
Tuition Assistance

Full job description

Job Title: First Line Risk & Control Analyst Location: CityScape What you'll do: As a First Line Risk & Control Analyst you'll work as a first line of defense risk professional responsible for support and/or execution of various risk programs and business unit risk activities in adherence with the Company's risk appetite and corporate strategy. In this role you'll engage with business units in the management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and/or program requirements. You'll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units. - Support the timely preparation and execution of the Risk and Control updates and refresh information through the collection of data from various sources as defined in desktop procedures. Facilitate meetings to review process understanding and process map documentation. - Provide effective and timely execution of projects with a sense of urgency for deliverables. Review policies and procedures to document process maps and narratives. - Support identification of risks and controls in processes under review including the drafting of risks and controls in line with standards. Provide assessment of control environment and determine effective risk mitigation or identify gaps. - Support conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties, issues, regulatory, legal matters, etc. What you'll need: - 2+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field. - Bachelor's degree in related field required. - Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services. - Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. - Entry level to intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services. - Entry level to intermediate knowledge of and experience in documenting process maps in process mapping software. Experience identifying risks and controls in processes. - 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, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. 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 is com

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