You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is responsible for several enterprise-wide programs, including Risk and Control Self-Assessment (RCSA ...
You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is responsible for several enterprise-wide programs, including Risk and Control Self-Assessment (RCSA ...
You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is responsible for several enterprise-wide programs, including Risk and Control Self-Assessment (RCSA ...
You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is responsible for several enterprise-wide programs, including Risk and Control Self-Assessment (RCSA ...
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AVP, Banking Risk & Controls
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The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with ...
AVP, Banking Risk & Controls
Phoenix, AZ · On-site
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Description The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in ...
AVP, Banking Risk & Controls
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Description The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in ...
AVP, Banking Risk & Controls
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$94K - $110K/yr
The position is responsible for overseeing and managing the banking risk and controls framework within Deposit Operations across both commercial and consumer lines of business, in partnership with ...
Quick apply
AVP, Banking Risk & Controls
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Quick apply
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Western Alliance Bank (WAL) is seeking a Model Risk Analyst to join its Model Risk Management Group. Being part of the Model Risk team will put you at the center of the firm's model validation and ...
Bank Risk Management information
See Arizona salary details
$48K - $58K
4% of jobs
$58K - $68.1K
6% of jobs
$68.1K - $78.1K
11% of jobs
$81.9K is the 25th percentile. Wages below this are outliers.
$78.1K - $88.1K
11% of jobs
The median wage is $96.1K / yr.
$88.1K - $98.2K
23% of jobs
$98.2K - $108.2K
13% of jobs
$114.8K is the 75th percentile. Wages above this are outliers.
$108.2K - $118.3K
12% of jobs
$118.3K - $128.3K
8% of jobs
$128.3K - $138.3K
6% of jobs
$138.3K - $148.4K
4% of jobs
$148.4K - $158.4K
2% of jobs
$48K
$104K
$158.4K
How much do bank risk management jobs pay per year?
How much does Goldman Sachs pay risk management?
What are some common challenges faced in a Bank Risk Management role?
One of the primary challenges in Bank Risk Management is staying updated with constantly evolving regulatory requirements and ensuring the bank's practices remain compliant. Additionally, professionals in this field must analyze complex financial data to anticipate and mitigate potential risks, which requires accuracy and keen attention to detail. Collaboration with other departments, such as credit, compliance, and operations teams, is frequent and essential for gathering information and implementing risk strategies. Successfully navigating these challenges improves organizational resilience and protects the bank's financial stability.
What are the key skills and qualifications needed to thrive in the Bank Risk Management position, and why are they important?
To thrive in Bank Risk Management, you generally need strong analytical skills, knowledge of finance and banking regulations, and a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, critical thinking, and problem-solving abilities are important soft skills for interpreting data and presenting recommendations to stakeholders. These capabilities are essential for identifying, assessing, and mitigating risks that could impact the financial health and regulatory compliance of the bank.
What is a Bank Risk Management job?
A Bank Risk Management job involves identifying, assessing, and mitigating financial risks that could impact a bank's operations and stability. Professionals in this role analyze credit, market, operational, and regulatory risks to ensure the bank complies with industry standards and maintains financial security. They develop risk models, monitor exposure, and implement strategies to minimize potential losses. Strong analytical skills, regulatory knowledge, and financial expertise are essential for this role.
What is risk management in banking?
What do risk managers do in banks?
Is risk management in banking a good career?

Full-time
Medical, Dental, Retirement
Posted 4 days ago
Job description
Job Title:
Enterprise Risk Management (ERM) Associate DirectorLocation:
CityScapeWhat you'll do:
As a Risk Management Associate Director, you'll be responsible for developing and implementing, or maintaining program(s) to identify, measure, monitor, and control risks throughout the organization. You'll play a key role in the Bank's Enterprise and Operational Risk Management Team, which is responsible for several enterprise-wide programs, including Risk and Control Self-Assessment (RCSA), Controls Testing, Governance Risk and Compliance (GRC) Platform and Program, Third-Party Risk Management, Policy Framework, and Technology and Information Security Risk Management. One of your key responsibilities will be to execute on your assigned Risk Program(s), ensuring adherence to program methodology, policies and standards and will lead or assist in development of reporting, training, and continuous improvement initiatives.defense on risk and control inventories and assessments.- Responsible for supporting the Risk Management team in the oversight of Change and Project Risk Management, and Product & Services Risk Management across the Lines of Defense to drive consistency, standardization, and alignment of these risk programs and processes, ensuring governance structures, policies, and methodologies are applied uniformly and in accordance with enterprise standards and risk management frameworks.
- Oversee the identification and implementation of enhancements to risk frameworks, reporting processes, and enabling tools to improve efficiency, data quality, and overall effectiveness, leveraging automation and best practices to advance program maturity.
- Oversee the continuous monitoring of enterprise risk trends, identify emerging and evolving risks, and assess issues to determine potential impacts, ensuring appropriate visibility and readiness for escalation where risk levels exceed defined thresholds.
- Responsible for supporting the Senior Director with oversight of special initiatives based on Bank strategy and at the request of the Chief Risk Officer, e.g. Risk Management Skills & Staffing Assessment, CRO Communications, Large Financial Institution (LFI) Program oversight, etc.
- Manage a small size team (2-4) and help develop, train, and drive continuous improvement.
What you'll need:
- 10+ years of related experience in Risk Management, Internal Audit, SOX, Financial Institutions or similar field.
- Bachelor's degree in related field required.
- Previous leadership experience required.
- Advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
- Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced knowledge of industry and professional experience across one or more of the three lines of defense (e.g., banking operations, information technology, SOX, compliance, risk management, audit).
- Advanced knowledge and experience with risk and control frameworks (COSO ERM Framework, Basel etc.)
- Advanced knowledge of risk management tools and systems and advanced proficiency in Microsoft Office Suite (Word, Excel, and PowerPoint).
- Advanced technical knowledge of risk frameworks and industry best practices as it relates to your assigned Risk Program.
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 committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.
Western Alliance Bancorporation