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Overnight Bank Risk Management Jobs in Arizona (NOW HIRING)

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$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 ...

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$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 ...

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 ...

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Overnight Bank Risk Management information

Can you make 100k working at a bank?

In overnight bank risk management, salaries can vary based on experience, location, and the size of the institution. Entry-level roles typically earn less, while experienced professionals with certifications like CFA or FRM can earn over $100,000 annually, especially in larger banks or financial hubs. Achieving a $100,000 salary often requires several years of experience and specialized skills in risk analysis and financial modeling.

What is the highest paying risk management job?

In risk management, executive roles such as Chief Risk Officer (CRO) typically have the highest salaries, often exceeding six figures annually. These positions require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, especially in financial institutions like banks or investment firms.

What is the difference between Overnight Bank Risk Management vs Credit Risk Analyst?

AspectOvernight Bank Risk ManagementCredit Risk Analyst
CredentialsRelevant risk management certifications, finance degreesFinance or economics degrees, risk certifications
Work EnvironmentBank risk departments, 24/7 operationsBanking institutions, analytical settings
Employer & IndustryCommercial banks, investment banksCommercial banks, credit institutions
Comparison Search IntentUnderstanding risk management roles in bankingAssessing credit risk and analysis

Overnight Bank Risk Management focuses on monitoring and mitigating risks that occur during overnight trading and operations, ensuring bank stability. Credit Risk Analysts primarily evaluate the creditworthiness of borrowers to prevent loan defaults. While both roles involve risk assessment and require finance-related credentials, Overnight Bank Risk Management emphasizes operational risk during off-hours, whereas Credit Risk Analysts concentrate on credit exposure and lending decisions.

What does a risk manager do in banking?

A risk manager in banking identifies, assesses, and monitors financial risks such as credit, market, and operational risks to ensure the institution's stability. They develop strategies and implement controls to mitigate potential losses, often using risk management software and adhering to regulatory standards.

What is the least stressful job in banking?

In overnight bank risk management, roles typically involve monitoring and analyzing financial risks during non-business hours, often with predictable schedules and less customer interaction. These positions tend to be less stressful compared to front-line banking roles, as they focus on data analysis and compliance rather than high-pressure customer service or sales targets.
What are the most commonly searched types of Bank Risk Management jobs in Arizona? The most popular types of Bank Risk Management jobs in Arizona are:
Enterprise Risk Management (ERM) Associate Director

Enterprise Risk Management (ERM) Associate Director

Western Alliance Bank

Phoenix, AZ

Full-time

Medical, Dental, Retirement

Posted 3 days ago

New


Job description

Job Title:

Enterprise Risk Management (ERM) Associate Director

Location:

CityScape

What 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