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Senior Risk Analyst Jobs in Arizona (NOW HIRING)

Newrez

Senior Technology Risk Analyst

Tempe, AZ

... the analyst continuously evaluates the assurance of the risk management program.The Senior Technology RiskAnalyst tracks remediation progressvalidates the accuracy of riskentries andenforces ...

PMA Companies

Senior Risk Control Consultant

Phoenix, AZ · On-site

$90K - $120K/yr

The Sr. Risk Control Consultant will apply risk control and risk management techniques in the ... Use analytics to support plans and recommendations, and to help show correlation of the service ...

Western Alliance Bank

Model Risk Analyst

Phoenix, AZ · On-site

Model Risk Analyst Location: CityScape What you'll do: Western Alliance Bank (WAL) is seeking a ... SR 26 (including evaluating conceptual soundness, reviewing ongoing monitoring plans and reports ...

United Fire Group

Sr Risk Control Consultant

Phoenix, AZ · On-site +1

$112K - $143K/yr

The Senior Risk Control or Technical Consultant is a risk management professional who will focus on ... analysis and development of corrective action strategies. * Produce high-quality, technically ...

Morgan Stanley

E*TRADE Risk Officer

Gilbert, AZ · On-site

Working in partnership with the Senior Risk Officer, the Risk Officer helps maintain a consistent ... Applies structured analysis to identify issues/trends and drive timely, well-documented resolution ...

Clayco

Senior GRC Analyst

Phoenix, AZ

The Sr. GRC Analyst will also assume ownership of Human Risk Management (HRM) including the delivery of comprehensive security awareness education, the end-to-end execution of phishing simulation ...

Clayco

Senior GRC Analyst

Phoenix, AZ

The Sr. GRC Analyst will also assume ownership of Human Risk Management (HRM) including the delivery of comprehensive security awareness education, the end-to-end execution of phishing simulation ...

Clayco

Senior GRC Analyst

Phoenix, AZ

The Sr. GRC Analyst will also assume ownership of Human Risk Management (HRM) including the delivery of comprehensive security awareness education, the end-to-end execution of phishing simulation ...

Clayco

Senior GRC Analyst

Phoenix, AZ

The Sr. GRC Analyst will also assume ownership of Human Risk Management (HRM) including the delivery of comprehensive security awareness education, the end-to-end execution of phishing simulation ...

Clayco

Senior GRC Analyst

Phoenix, AZ · On-site

The Sr. GRC Analyst will also assume ownership of Human Risk Management (HRM) including the delivery of comprehensive security awareness education, the end-to-end execution of phishing simulation ...

Clayco

Senior GRC Analyst

Phoenix, AZ

The Sr. GRC Analyst will also assume ownership of Human Risk Management (HRM) including the delivery of comprehensive security awareness education, the end-to-end execution of phishing simulation ...

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All JobsSenior Risk Analyst JobsSenior Risk Analyst Jobs in Arizona

Senior Risk Analyst information

See Arizona salary details

$49.9K

$102.4K

$132.8K

How much do senior risk analyst jobs pay per year?

As of Jun 19, 2026, the average yearly pay for senior risk analyst in Arizona is $102,364.00, according to ZipRecruiter salary data. Most workers in this role earn between $84,300.00 and $127,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Risk Analyst, and why are they important?

To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.

How does a Senior Risk Analyst typically collaborate with other departments to identify and mitigate risks?

Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.

How much does a senior risk analyst make in the US?

A senior risk analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CRM.

Do risk analysts make a lot of money?

Risk analysts typically earn a competitive salary that varies based on experience, education, and industry. According to industry data, the median annual salary for risk analysts is around $70,000 to $90,000, with higher earnings possible for senior or specialized roles. Certifications like FRM or CRM can also enhance earning potential.

What is the difference between Senior Risk Analyst vs Risk Analyst?

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon in finance, banking, and insurance industries

The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.

How much does a senior risk analyst earn?

A senior risk analyst typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills and knowledge of risk management tools and regulations.

What does a senior risk analyst do?

A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.
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Senior Risk Analyst jobs near you
Senior Model Risk Analyst

Senior Model Risk Analyst

Western Alliance Bank

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Posted 16 days ago

Job description

Job Title:

Senior Model Risk Analyst

Location:

CityScape

What you'll do:

Western Alliance Bank (WAL) is seeking a Senior 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 governance activities with exposure to a wide variety of model types and cutting edge modeling techniques. In this role, you will help identify, assess, mitigate, and monitor model risk, while contributing to the ongoing development of the bank's Model Risk Management program.
  • Apply statistical, financial, economic, and business expertise to conduct independent model validation activities in accordance with the bank's Model Risk Management Policy and Federal Reserve SR 26-2 (including evaluating conceptual soundness, reviewing ongoing monitoring plans and reports, and conducting outcomes analysis and benchmarking etc.).
  • Prepare comprehensive model validation reports and presentations.
  • Aid in model governance activities including enhancing policies and procedures, maintaining model and critical spreadsheet inventories, managing issues/findings, and producing quarterly reporting.
  • Stay current with research and trends in statistical modeling and model risk management.

What you'll need:

  • Minimum of 5 years of relevant experience in validating and/or developing the types of models used in the financial services industry.
  • Masters degree or greater in a quantitative field such as Statistics, Economics, Math, Physics, Engineering or Finance. For Masters degree, 5+ years of related work experience, for PhDs, 2-3 years or more related work experience.
  • Intermediate to Advanced knowledge of regulatory and legal compliance obligations, industry standards, and best practices.
  • Intermediate to Advanced project management skills and ability to manage multiple projects independently.
  • Intermediate to Advanced quantitative modeling, analytical, research, and programming skills.
  • Intermediate to Advanced experience with Python, R, or SAS, with hands-on experience in SQL.
  • Intermediate to Advanced verbal and written communication skills.
  • Knowledge of general banking operations, including deposit operations, loan administration, treasury management, and other commercial banking products and services preferred.

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

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