The Product/ Service Risk Management Associate Director will be responsible for developing and implementing the Bank’s product/service risk evaluation process and lifecycle governance. The risk evaluation process is key to ensuring appropriate due diligence, risk identification, and risk mitigation take place before the product/service launch. Risk management principles will be applied to both new and enhanced products/services, as well as products/services as they migrate the product lifecycle ... more details
Job Title:
Product/Services Risk Management Associate Director
Location:
CityScape
What you'll do:
The Product/Service Risk Management Associate Director will be responsible for developing and implementing the Bank’s product/service risk evaluation process and lifecycle governance. The risk evaluation process is key to ensuring appropriate due diligence, risk identification, and risk mitigation take place before the product/service launch. Risk management principles will be applied to both new and enhanced products/services, as well as products/services as they migrate the product lifecycle after launch. Change risk management is an overarching responsibility, and the Associate Director will be working closely with the Senior Director on providing oversight of change risk governance, risk identification, and risk mitigation. Both of these areas are intricately intertwined with Strategic Risk Management and will be factored into the strategic risk appetite and applied to the broader enterprise strategic planning.
The Change, Product and Issue Management team is part of the Bank’s wider Risk Management department and a rapidly growing team focused on providing expert guidance, credible challenge, and effective oversight of risk-taking activities throughout the Bank. The Risk Management department plays a critical role in helping to inform bank management and the Board of Directors of the risks inherent in its actions and decisions, enterprise impacts, and opportunities to manage risk.
Reporting to the Senior Director of Change, Product and Issue Management, the ideal candidate will be driven to build and scale, ready to challenge the status quo, able to comprehensively synthesize and communicate information, as well as driven to continuously improve.
What we are looking for:
Responsibilities:
- Implementing and enhancing the Bank’s change intake assessment as well as product/service risk evaluation processes as part of broader enterprise strategic planning.
- Coordinating the risk evaluation process on fast-moving and highly visible initiatives, including independent review and challenge of risk evaluator submissions.
- In partnership with 2LOD Risk Managers, identifying Strategic, Reputational, Financial, Operational, Compliance, and Credit submissions for product/service risk evaluations.
- Managing pipeline and governance materials for product/service risk evaluations in coordination with relevant oversight committees (e.g., ERMC, DRC).
- Enhancing and operationalizing Strategic Risk management programs such as the Risk M&A Playbook and RMF Integration Standards.
Qualifications
- Bachelor’s degree in a related field
- 10 years of direct or related experience in Risk Management, Internal Audit, Finance, Public Accounting, Business Management, or Management Consulting
- Knowledge of general banking operations and governance practices, industry trends, competitive landscape, and corporate strategy
- Knowledge of applicable regulatory and legal obligations, rules and regulations, industry standards and practices
- Experience with enterprise-wide change management principles and/or complex initiatives
- Excellent verbal, written, and interpersonal communication skills
- Proven ability to interact with all levels of an organization, especially senior management
- Ability to drive multiple agendas simultaneously to achieve continuous outcomes
- Strong organizational, multi-tasking, and prioritization skills
Compensation: Salary range for new hires is generally $154,829.00 - $182,151.00 for Las Vegas, NV. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.
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 is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is 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.
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