Job Title:

Location:

What you'll do:

What we are looking for:

• Contribute to multiple model development projects for C&I, CRE, Construction, and Residential Mortgage Portfolios

• Work with other quantitative analysts in model development

• Participate in data analytics, statistical model development, statistical testing, requirement documentation, and implementation testing of multiple and complex models

• Partners with portfolio risk managers and line of businesses to develop and implement CECL Models and Non-Modeling Approaches, and Stress Testing Models

• Communicates modeling concepts and model assumptions with regulators, auditors, and independent model validation teams

• Monitors and improves quality and ensures 'best practices' modeling development techniques

Required Education and Work Experience

• Risk Modeler: PhD in a quantitative field (e.g., statistics, economics, mathematics, computer/data science) with 0-2 years experience or a Masters Degree with 4 years of experience in the financial services industry

• Senior Risk Modeler: PhD in a quantitative field with 3 years experience or a Masters Degree with 7 years experience.

Preferred Skills/Experience

• Data Analysis with large complex data sets and data warehouses

• Statistical model development, testing, methodologies, and documentation

• Statistical Model implementation and monitoring

• CECL and Stress testing concepts and related regulatory guidance (such as the Fed Letter SR11-7)

• Working with Independent Model Validators (interaction with validators and model validation findings remediation)

• Business analysis and requirements documentation

• Programming in SAS, R, or Stata

• Experience in model development for CRE, C&I, Construction, and Residential Mortgage

• C&I, CRE and Residential Mortgage credit risk modeling knowledge preferred but not required

• Accounting rules related to charge-offs, recoveries, and non-accrual accounting

• Allowance for Credit Loss accounting rules and regulations

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 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