ALM Risk Director

Company: Disability Solutions
Location: Phoenix
Posted on: September 19, 2023

Job Description:

Job Title:ALM Risk DirectorLocation:CityScapeWhat you'll do:The ALM Risk Director is part of the second line of defense in Corporate Risk reporting to the Head of Financial Risk Management and Chief Risk Officer. The risk leader is responsible for identification, measurement, and monitoring of the Bank's interest rate risks and ensuring conformance to key risk management processes integrated within the overall risk management framework. This position will ensure that the Bank manages its interest rate risk in accordance with its risk appetite and other regulatory requirements, while providing independent oversight and monitoring of the Bank's balance sheet management activities.The ideal candidate should have extensive Treasury or finance/banking experience, strong leadership and management skills, and strong analytical and communication skills.What we are looking for:

• Partnering effectively with Treasury, senior executives, Risk partners and other stakeholders.
• Conduct and document a focused review and challenge of IRR results and underlying assumptions across different interest rate scenarios
• Understand themes and trends across relevant risk types that affect interest rate risk
• Sustain and enhance the proactive monitoring and oversight program for interest rate risk based on emerging needs
• Engage in product specific review of various investment, loan, and deposit types to understand the effect on interest rate risk metrics
• Conduct independent research projects with a focus on interest rate risk
• Provide knowledge and oversight of balance sheet models in cooperation with model risk oversight teams with a focus on model risk changes and/or concerns as well as challenges arising from loan and deposit assumptions
• Produce presentation materials and present analysis to senior management
• Review and challenge the risk appetite framework, limits/triggers selection and calibrationWhat you will need to have:
  • 15+ years of Treasury or finance/banking industry experience
  • Bachelor's degree in Finance, Economics, or a related field. Advanced degree (e.g., MBA) is highly desirable. (High school diploma or GED equivalent REQUIRED)
  • Advanced experience in interest rate risk management and knowledge of balance sheet risk management
  • Ability to be proactive identifying and addressing emerging risk and management issues
  • Knowledge of interest rate risk management regulatory expectations and experience in managing regulatory relationships
  • Experience with LFI institutions ($100B+)
  • Proven oral and written communications skills with the ability to present complex ideas effectively
  • Strong analytical and problem-solving skills
  • Ability to influence, develop, partner with, and maintain collaborative relations at all levels within the organization
  • Demonstrated ability to operate proactively, independently, with a sense of urgency, drive results, and build strong internal and external relationship
  • Strong organizational and execution skillsBenefits 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.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Phoenix , ALM Risk Director, Executive , Phoenix, Arizona