Western Alliance Bank · 2 months ago
Senior Model Risk Analyst
Phoenix, AZ
Full-time
Onsite
Senior Level
5+ years expWestern Alliance Bank is seeking a Senior Model Risk Analyst to join its Model Risk Management Group. In this role, you will collaborate closely with the Model Validation Director to identify, assess, mitigate, and monitor model risk, while contributing to the ongoing development of the bank’s Model Risk Management program.
BankingFinanceFinancial Services
Responsibilities
Apply statistical, financial, economic, and business expertise to conduct independent model validation activities in accordance with the bank’s Model Risk Management Policy and Federal Reserve SR 11-7 (including evaluating conceptual soundness, reviewing ongoing monitoring plans and reports, and conducting outcomes analysis and benchmarking etc.)
Prepare comprehensive model validation reports and presentations
Ensure effective remediation of identified model risk issues
Contribute to the development and implementation of model risk management policies and procedures
Stay current with research and trends in statistical modeling and model risk management
Qualification
Required
Minimum of 5 years of relevant experience in validating and/or developing CCAR/CEL models (e.g., PD, LGD, EAD) within the financial services industry
Master's degree in a quantitative field (e.g., statistics, economics, mathematics, computer/data science) required; PhD preferred
Intermediate to Advanced knowledge of regulatory and legal compliance obligations, industry standards, and best practices
Intermediate to Advanced project management skills and ability to manage multiple projects independently
Intermediate to Advanced experience in general banking operations, including deposit operations, loan administration, treasury management, and other commercial banking products and services
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 to Advanced verbal and written communication skills
Preferred
PhD in a quantitative field
Benefits
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
A wellness program
Company
Western Alliance Bank
Western Alliance Bank is a banking firm that offers commercial and business banking solutions.
Founded in 1994Phoenix, Arizona, USA
1001-5000 employees
H1B Sponsorship
Western Alliance Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (42)
2024 (30)
2023 (49)
2022 (28)
2021 (13)
2020 (10)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-11-19Post Ipo Debt· $400M
2005-06-30IPO
Leadership Team
Tim Boothe
Chief Operating Officer
Barbara Kennedy
Chief Human Resources Officer
Recent News
Morningstar.com
2026-01-09
Company data provided by crunchbase