What are the responsibilities and job description for the Risk Appetite Program Manager position at Western Alliance Bancorporation?
Job Title:
Risk Appetite Program ManagerLocation:
CityScapeWhat you'll do:
The Risk Appetite Program Manager manages and oversees the execution of the bank's Risk Appetite Framework and broader strategic risk management activities. This role drives the development, monitoring, and reporting of risk appetite metrics; manages related policies and procedures; and leads the delivery of quarterly risk reporting to executive management and Boardlevel committees. The position partners with stakeholders across all Lines of Defense to strengthen risk appetite governance, enhance reporting quality, and ensure alignment with regulatory expectations, Board requirements, and industry best practices. The role also drives continuous improvement of risk appetite and reporting processes, including leveraging AIenabled tools to increase automation, consistency, and efficiency. In addition, the Risk Appetite Program Manager supports Strategic Risk Management activities through second line of defense review and credible challenge, and execution of risk assessments.The Strategic Risk team is part of the Bank's wider Risk Management department which is 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 Strategic Risk Program Manager, the ideal candidate brings experience building and scaling risk appetite programs and strengthening risk reporting and governance. The role requires an entrepreneurial mindset and a strong focus on process optimization, automation, and the thoughtful adoption of AIenabled tools to enhance efficiency, consistency, and effectiveness across strategic risk management activities.
- Drive implementation and ongoing enhancement of the bank's Risk Appetite Framework including policies, the Risk Appetite Statement, and KRIs, while maturing metrics and strengthening alignment between risk appetite and other risk programs.
- Coordinate and lead annual working sessions with key stakeholders to assess business requirements and enhance KRIs and qualitative statements within the Risk Appetite Statement, including providing credible review and challenge of KRIs and thresholds, and ensuring consistent application of program standards and guidance.
- Manage timely reporting of KRIs and hold stakeholders accountable for breach protocols and mitigation action plans, including timely escalations of breaches to relevant committees.
- Serve as the central point of contact for the risk appetite program, collaborating across the first and second lines of defense to promote consistency, strengthen governance, and advance program maturity.
- Perform KRI data quality assessments to ensure the integrity, accuracy, and usefulness of risk data for management and Board reporting.
- Execute and enhance enterprise risk reporting processes by coordinating meeting materials, partnering across stakeholders, and leveraging automation to deliver timely, clear, and actionable reporting for executive management and Boardlevel committees.
- Design and oversee risk appetite assessment methodologies for risk category reporting to promote an accurate enterprisewide view of the bank's risk profile and maintain alignment with related risk program assessments and reporting.
- Assist the Strategic Risk Program Manager with key strategic risk activities including 2LOD review and effective challenge and the execution of risk assessments.
What you'll need:
- Bachelor's degree required.
- 6 years of direct related experience in Risk Management, Financial Services, Internal Audit, Accounting or similar field. Prior experience leading risk governance processes preferred.
- Advanced knowledge of general finance and banking operations, financial reporting and analysis, accounting, internal audit, risk management, and regulatory compliance and/or other banking products and services.
- Advanced knowledge of Controls Testing along with Risk and Control Self Assessments within areas such as strategic planning and execution and external stakeholder management (e.g. Marketing, Investor/Regulator Perception, etc.).
- Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Advanced experience supporting and managing risk appetite frameworks and enterprise risk reporting within a financial institution.
- Advanced communication and influencing skills, combined with problemsolving abilities and the capability to identify and drive process improvement and automation opportunities.
- Advanced proficiency in Microsoft Excel, PowerPoint, and Word.
- Knowledge of SQL, Tableau, Power BI and familiarity with GRC platforms preferred.
- Occasional travel required
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.
Western Alliance Bancorporation
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 recruiter@westernalliancebank.com or call (602) 797-3662.