1

Bank Risk Management Jobs in Phoenix, AZ (NOW HIRING)

Analyst-Risk Management

Phoenix, AZ · On-site

$65K - $102K/yr

The successful candidate will join the CFR Banking onboarding team, which is a team of highly ... Design and execute risk management strategies for American Express Deposit Products, monitor growth ...

American Express Credit & Fraud Risk Management American Express Credit & Fraud Risk is a place to ... The successful candidate will join the CFR Banking onboarding team, which is a team of highly ...

Manager - Risk Management

Phoenix, AZ · On-site

$89K - $150K/yr

Responsibilities Within the Global Fraud and Banking Risk organization, the Suspect Claims team is ... management strategies. • Analyze structured and unstructured data and translate data using ...

next page

Showing results 1-20

Bank Risk Management information

See Phoenix, AZ salary details

$51.1K

$110.8K

$168.8K

How much do bank risk management jobs pay per year?

As of Jun 15, 2026, the average yearly pay for bank risk management in Phoenix, AZ is $110,765.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,400.00 and $128,100.00 per year, depending on experience, location, and employer.

What does a risk manager do in a bank?

A risk manager in a bank identifies, assesses, and monitors financial and operational risks to minimize potential losses. They develop risk management strategies, ensure compliance with regulations, and use tools like risk assessment models and data analysis to support decision-making.

How much does Goldman Sachs pay risk management?

Risk management professionals at Goldman Sachs typically earn a base salary ranging from $80,000 to over $150,000 annually, depending on experience and seniority. Bonuses and incentives can significantly increase total compensation, especially for those with specialized skills or certifications like FRM or CFA. Compensation varies by location and role complexity within the firm.

What does a risk management officer do in a bank?

A risk management officer in a bank assesses and monitors financial risks such as credit, market, and operational risks to ensure the bank's stability. They develop risk mitigation strategies, analyze data using specialized tools, and ensure compliance with regulatory standards to protect the bank's assets and reputation.

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.

Is risk management high paying?

Risk management professionals in banking often earn competitive salaries, especially with experience and certifications such as FRM or CFA. Salaries can vary based on the level of responsibility, location, and the size of the institution, but generally, risk management roles are considered well-compensated within the finance industry.

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 are the most commonly searched types of Bank Risk Management jobs in Phoenix, AZ? The most popular types of Bank Risk Management jobs in Phoenix, AZ are:
What are popular job titles related to Bank Risk Management jobs in Phoenix, AZ? For Bank Risk Management jobs in Phoenix, AZ, the most frequently searched job titles are:
What cities near Phoenix, AZ are hiring for Bank Risk Management jobs? Cities near Phoenix, AZ with the most Bank Risk Management job openings:
Infographic showing various Bank Risk Management job openings in Phoenix, AZ as of June 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $110,765 per year, or $53.3 per hour.
Enterprise Risk Management (ERM) Strategic Risk Director

Enterprise Risk Management (ERM) Strategic Risk Director

Western Alliance Bank

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Posted 9 days ago


Job description

Job Title:

Enterprise Risk Management (ERM) Strategic Risk Director

Location:

CityScape

What you'll do:

As an ERM Strategic Risk Director you will lead a team that develops and implements programs to identify, measure, monitor, and control risks throughout the organization. You'll play a key role in the Bank's Enterprise Risk Management Team, who 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, Risk Appetite Program, Policy Framework, and Technology and Information Security Risk Management.
The Strategic Risk Director will be responsible for overseeing a team that develops and executes the Strategic Risk and Risk Appetite Programs, including methodology, policies and standards, reporting, training, and continuous improvement.
  • Oversee execution and enhancement of the Strategic Risk Program, including effective challenge of the bank's strategic plan, effective challenge of identification and management of strategic risks through Risk and Control Self Assessments (RCSA), Product and Services Risk Assessments (PSRA), Key Risk Indicators (KRIs), Issue Management, and Policies and Procedures.
  • Oversee execution and enhancement of the bank's Risk Appetite Framework, including methodology for KRI development for all risk categories, managing GRC KRI module, quarterly KRI reporting for risk committees, and updating qualitative statements and appetite levels that are approved by the Board of Directors.
  • Collaborate with Corporate Development, Senior Business Leaders, and Risk Management leaders to conduct effective challenge of the bank's strategic plan to ensure the plan is aligned with the bank's risk appetite.
  • Provide oversight of ERM Program responsibilities, including Risk Management Strategic Planning, implement programs that are commensurate with the bank's size and complexity (e.g., risk identification), and manage executive and board risk committee agenda planning,
  • Collaborate across the three lines of defense to ensure adherence to ERM Program requirements.
  • Develop executive and board level reporting.
  • Manage a medium to large team (6-16) and help develop, train, and drive continuous improvement.

What you'll need:

  • 12+ years related experience in Risk Management, Internal Audit, SOX, and Financial Institutions.
  • Advanced to Expert knowledge and experience with risk and control frameworks (COSO ERM Framework, Basel etc.).
  • Bachelor's degree in related field required.
  • Previous leadership experience required.
  • Excellent written and verbal communication skills.
  • Advanced to expert 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 to expert knowledge of risk management tools and systems and advanced proficiency in Microsoft Office Suite (Word, Excel, and PowerPoint).
  • Advanced to Expert technical knowledge of risk frameworks and industry best practices related to risk assessments, strategic planning

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