Model Risk Analyst

About the role

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

Responsibilities

• 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.

Requirements

• Preferred PhD or 3+ years of related work 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.
• Intermediate knowledge of regulatory and legal compliance obligations, industry standards, and best practices.
• Intermediate 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 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:

Benefits

Additional Information

Job Title: Model Risk Analyst Location: CityScape

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