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

Bank's independent second line of defense, providing objective assessments of the effectiveness of the Bank's Risk Management framework across credit, compliance, and operational risks. The ...

Bank's independent second line of defense, providing objective assessments of the effectiveness of the Bank's Risk Management framework across credit, compliance, and operational risks. The ...

Third Party Risk Manager, AVP

Tempe, AZ · On-site

$91K - $107K/yr

Third-Party Risk Management spans the Americas, and this is a key role in the success of the ... A commitment to protect the bank from all risk exposure. * Experience working across a diverse set ...

Third Party Risk Manager, AVP

Tempe, AZ · On-site

$91K - $107K/yr

Third-Party Risk Management spans the Americas, and this is a key role in the success of the ... A commitment to protect the bank from all risk exposure. * Experience working across a diverse set ...

Showing results 41-60

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 Aug 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 bank risk management do in a bank?

A bank risk management professional identifies, assesses, and monitors financial risks such as credit, market, and operational risks to ensure the bank's stability. They develop strategies and policies to mitigate potential losses and often use risk management tools and data analysis to support decision-making. Strong analytical skills and knowledge of banking regulations are essential for this role.

What are some common challenges faced in bank risk management?

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 bank risk management?

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 bank risk management?

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.

Is bank risk management a good career?

Bank risk management is a vital role that involves identifying, analyzing, and mitigating financial risks within banking institutions. It requires strong analytical skills, knowledge of financial regulations, and often certifications like FRM or CFA. The field offers stable employment, competitive salaries, and opportunities for advancement in the financial industry.

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 job categories do people searching Bank Risk Management jobs in Phoenix, AZ look for?

The top searched job categories for Bank Risk Management jobs in Phoenix, AZ are:

Infographic showing various Bank Risk Management job openings in Phoenix, AZ as of August 2026, with employment types broken down into 82% Full Time, 14% Part Time, 1% Temporary, and 3% Contract. Highlights an 89% Physical, 2% Hybrid, and 9% Remote job distribution, with an average salary of $110,765 per year, or $53.3 per hour.

First Line Risk & Control Senior Analyst

Western Alliance Bank

Phoenix, AZ

Full-time

Medical, Dental, Retirement

Posted 23 days ago


Job description

Job Title:

First Line Risk & Control Senior Analyst

Location:

CityScape

What you'll do:

As a First Line Risk & Control Senior 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 program requirements. You'll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units.
  • 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.

What you'll need:

  • 4+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services.
  • 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.

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