First Line Risk & Control Office Associate Director

Western Alliance Bank•Dallas, TX

About The Position

First Line Risk & Control Associate Director- 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. Actively identifying, quantifying, and reporting risk across Western Alliance Bank highlighting key risks to enable risk-based decisions, and actions by business leadership. Lead a team in performing Risk & Control Assessment walk-throughs and provides consultation on existing and new processes and, where appropriate, facilitate documentation thereof to include the identification of business risks and controls. Support the Business to develop/enhance controls to mitigate legal, regulatory, and other applicable business risks and Where control gaps exist, provide consultation on the design of controls and monitors until execution. Champion a strong risk culture for the company by elevating the risk knowledge base of associates and leaders and deploying risk management best practices across the organization. Foster effective partnerships across the firm with risk subject matter experts to implement risk programs commensurate with the risk profile, i.e. Digital Risk, Operational Risk, Strategic Risk, Legal and Compliance, etc. Continue to develop and share deep knowledge and understanding of the broader industry, risk management best practices and discipline, and emerging risks to the financial services industry. Ensure accuracy and timeliness for operational risk event reporting. Provide relevant risk training to meet current and evolving organizational requirements and/or business needs. Provide consultation on change management initiatives. Identify and lead initiatives to improve internal processes as well as develop and support the team to ensure they are equipped and empowered to execute the assigned functions. Participate in forums with business stakeholders to ensure ongoing risk coverage and oversight.

Requirements

10+ years of related experience or similar field.
Bachelor's degree in related field required.
Previous leadership experience required.
Advanced to expert knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Advanced to expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Intermediate to advanced experience in Compliance, Operations Management, Audit, Risk Management, or a related field with an additional 5 years of experience in lieu of a degree.
3+ years of experience in People Management with proven ability to consult, build, and maintain solid working relationships in and outside of immediate departments.
Intermediate to advanced knowledge and understanding of Control Programs including Risk and Control Self-Assessment (RCSA).
Leadership experience to guide risk officers and specialists with experience with process management including process mapping.
Experience in the development and implementation of new controls, action plans, and root cause analysis.
Ability to influence, partner, and negotiate with senior business leaders to gain commitment to accomplish business goals.
Advanced speaking and writing communication skills.

Responsibilities

Engaging with the BU in management of risks and controls across all risk types
Monitoring execution of risk policies, procedures and/or program requirements
Identifying, quantifying, and reporting risk across Western Alliance Bank
Leading a team in performing Risk & Control Assessment walk-throughs
Providing consultation on existing and new processes
Facilitating documentation to include the identification of business risks and controls
Supporting the Business to develop/enhance controls to mitigate legal, regulatory, and other applicable business risks
Providing consultation on the design of controls and monitors until execution
Championing a strong risk culture for the company
Elevating the risk knowledge base of associates and leaders
Deploying risk management best practices across the organization
Fostering effective partnerships across the firm with risk subject matter experts
Ensuring accuracy and timeliness for operational risk event reporting
Providing relevant risk training
Providing consultation on change management initiatives
Identifying and leading initiatives to improve internal processes
Participating in forums with business stakeholders to ensure ongoing risk coverage and oversight