First Line Risk & Control Issue Manager

Western Alliance Bancorporation • Dallas, TX

103d

About The Position

First Line Risk & Control Manager - This role is a first line of defense risk professional responsible for support and/or execution of various risk programs and Business Unit (BU) risk activities in adherence with the Company's Risk Appetite and Corporate Strategy. This role is responsible for engaging with the BU in management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and/or program requirements, to effectively manage risks, and serving as an effective communication channel between the Risk Management Department and business units. * Drive the preparation and execution of the Risk and Control updates / refresh (for low to moderate complex business functions) through collection of data from various sources as defined in desktop procedures. Develop a plan to ensure timely execution of risk management processes with business stakeholders; ensure common understanding of activities and milestones with all parties involved. * Review policies and procedures to document process maps, risks and controls, and narratives and/or guide analysts in this activity. Identify and confirm risks and controls in processes under review including the drafting of risks and controls in line with standards. Guide assessment of control environment and determining effective risk mitigation or identification of gaps. * Support and/or guide conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties / vendors, issues, regulatory or legal matters, etc. Conduct / oversee meetings with clear objectives, outcomes, and follow-up items. * Understands of the department's role in risk management and communicate the importance of different stakeholders and risk management in general. Maintains all required documentation per Procedures and Standards to showcase progress and completion of risk & control inventory and RCSA activities. * Lead and develop a team; responsible for hiring, coaching, performance management, training and development.

Requirements

• 7+ years of related experience or similar field.
• Bachelor's degree in related field required.
• Previous leadership experience required.
• Advanced knowledge of general banking operations.
• Advanced knowledge of applicable regulatory and legal compliance obligations.
• Advanced experience in Compliance, Operations Management, Audit, Risk Management, or related field.
• Advanced analytical skills to determine key areas of focus.
• Advanced knowledge of and experience in documenting process maps.
• Advanced experience identifying risks and controls in processes.
• Expert speaking and writing communication skills.

Responsibilities

• Drive the preparation and execution of the Risk and Control updates / refresh through collection of data from various sources.
• Develop a plan to ensure timely execution of risk management processes with business stakeholders.
• Review policies and procedures to document process maps, risks and controls.
• Identify and confirm risks and controls in processes under review.
• Guide assessment of control environment and determining effective risk mitigation.
• Support and/or guide conversations with risk subject matter experts.
• Conduct / oversee meetings with clear objectives, outcomes, and follow-up items.
• Maintain all required documentation per Procedures and Standards.
• Lead and develop a team; responsible for hiring, coaching, performance management, training and development.

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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Industry: Credit Intermediation and Related Activities
• Education Level: Bachelor's degree