Model Risk Management Senior Director

Job Title :

Model Risk Management Senior Director

Location : CityScape

What you'll do :

The Model Risk Management Senior Director leads Western Alliance Bank's Model Risk Management Group - a second line function primarily tasked with identifying, assessing, mitigating, and monitoring risks from the use of mathematical, statistical, and financial models. Reporting to the Chief Risk Officer, the Model Risk Management Senior Director manages a team of 5-15 risk professionals responsible for maintaining and executing the bank's oversight programs for models, simple analytical approaches, and critical spreadsheets. The Model Risk Management Senior Director is also responsible for chairing the bank's Model Risk Management Committee and acting as the central point of contact on Model Risk matters with regulators, external audit, internal audit, other second line functions, and the first line of defense.

• Maintain policies, standards, and procedures for the oversight of models, simple analytical approaches, and critical spreadsheets.
• Develop the Risk Appetite Statement for Model Risk and associated quantitative Key Risk Indicators.
• Maintain model, simple analytical approach, and critical spreadsheet inventories.
• Oversee the issue management process for Model Risk issue programs.
• Review model validation activities, including ongoing monitoring, and associated reports.
• Oversee the production of reporting on Model Risk matters and report on matters to the Model Risk Management Committee, Enterprise Risk Management Committee, and Director's Risk Committee.
• Chair the Model Risk Management Committee and serve on other management committees, as needed.
• Conduct enterprise-wide training on Model Risk programs and serve as the central point of contact on Model Risk matters with regulators, external audit, internal audit, other second line functions, and the first line of defense.
• Lead and develop a team of 5-15 Model Risk professionals.

Provides supervision to and directs the activities of their employees; performs supervisory tasks such as performance appraisals, disciplinary actions, and interviewing candidates for employment; develops work schedules; provides necessary training and coaching.

What you'll need :

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