Financial Risk Senior Analyst - Investment Portfolio Oversight

Western Alliance Bank•Phoenix, AZ

75d

About The Position

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 monitor and assess risk-taking activities. The group also plays a key role in keeping senior management appraised of the Company’s market risk profile. This is achieved by using risk measures, proactive application of expert judgement, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement. As a Financial Senior Risk Analyst, you will support the oversight of the company’s investment portfolio and hedging activities. You’ll help monitor risk exposures, review risk reports, and assist in ensuring compliance with internal policies and regulatory standards. This role is ideal for someone with a strong analytical background who is looking to develop their expertise in financial risk management.

Requirements

Bachelor’s degree in finance, Economics, Mathematics, or related field; master’s degree or CFA/FRM preferred.
4+ years in risk management, Asset Liability Management, or investment portfolio oversight with a strong focus on analytics.
Familiarity with fixed income securities, derivatives, or hedging instruments is a plus.
Experience with programming or statistical tools (Python, R, SAS) is helpful but not required.
Understanding of regulatory frameworks and risk management principles.
Strong understanding of second line of defense principles and governance.
Analytical mindset with attention to detail.
Ability to work collaboratively with different teams.
Good written and verbal communication skills.

Nice To Haves

master’s degree or CFA/FRM preferred.
Familiarity with fixed income securities, derivatives, or hedging instruments is a plus.
Experience with programming or statistical tools (Python, R, SAS) is helpful but not required.

Responsibilities

Assist in reviewing investment portfolio exposures and hedging strategies, including basic scenario analysis and stress testing.
Monitor portfolio exposures (duration, convexity, liquidity, credit risk) and validate stress testing results.
Help prepare risk reports and summaries for management and risk committees.
Work with Treasury, Mortgage Banking, and Asset Liability Management teams to gather data and support risk oversight activities.
Support the documentation of oversight processes and help ensure adherence to risk limits and regulatory requirements.
Review hedge performance metrics (e.g., Earnings at Risk, and Economic Value of Equity)
Prepare risk oversight reports for senior management and risk committees.
Ensure compliance with Board-approved risk limits and regulatory requirements.
Maintain documentation of oversight processes and challenge activities.