First Line Risk & Control Analyst

Western Alliance Bank • Columbus, OH

1d • Onsite

About The Position

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.

Requirements

• 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.

Responsibilities

• 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.

Benefits

• Competitive salaries
• Ownership stake in the company
• Medical and dental insurance
• Time off
• Great 401k matching program
• Tuition assistance program
• Employee volunteer program
• Wellness program
• Opportunity to bolster business knowledge
• Learning the ins and outs of how successful companies operate and manage their finances
• Invaluable hands-on experience to help grow your career

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level