Risk Managment -( Mandatory -AXIOM, Regulatory and Compliance Exp.)
ROLE-1
Role - Enterprise Risk Management (ERM) Consultant
Visa Type: All EAD/USC/H1B
Position Type: Contract
Location: Phoenix, AZ
Work Model- Hybrid( 3 Day Office 2 days Remote)
Customer Name: Western Alliance Bancorp
Brief Job Description: ERM Senior Analyst
Western Alliance is seeking an Enterprise Risk Management (ERM) Senior Analyst that will work within the bank's second line of defense and will be responsible for supporting the Operational Risk Management Controls Testing program.
The successful candidate will be a motivated team player who has expertise in risk and control management; a self-starter who is accustomed to working in fast-paced, complex, evolving organizations with diverse stakeholders; and an agile individual who is able to withstand challenges and adapt quickly with an execution mindset.
The Enterprise Risk Management Senior Analyst will work within the bank's second line of defense and will be responsible for supporting the Controls Testing Team. This role is part of the Enterprise and Operational Risk Management Group (ERM/ORM) that is responsible for developing and implementing the bank's risk management framework. ERM/ORM is a growing organization focused on providing expert guidance, credible challenge, and effective oversight of risk-taking activities throughout the company. The organization 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.
Proactively works with business unit management and stakeholders to identify and assess operational, technology, reputational, strategic, financial, and legal risks; ensuring adherence to regulatory, legal, corporate and/or functional requirements.
Key Responsibilities:
Support leadership in the execution and enhancement of Second Line of Defense Enterprise and Operational Risk Programs, including Controls Testing and Issue Management.
Assist in support of the Controls Testing Program within the 2LOD both in execution of testing engagements with Business Partners as well as other programs.
Champion a strong risk culture for the company via elevating the risk knowledge base of associates and leaders by deploying risk management best practices across the organization.
Assist in the execution of the Bank's Operational Risk Management (ORM) Framework.
Contribute to various enterprise risk management initiatives, produce high quality deliverables including procedure documents, reports, and presentations for all levels of management.
Collaborate across work streams and support cross-functions for ERM/ORM program enhancements.
Support the development of frameworks and standards for the first line of defense
Qualifications:
Bachelor's Degree in Business, Accounting, Finance, Computer Science, or related field
3+ years of experience in Operations Management, Audit, Risk Management, or related field
A demonstrated understanding of Controls Testing and Risk and Control Self Assessments within areas such as information technology, general banking operations including deposit operations, loan administration, treasury management and/or other commercial and consumer banking products and services.
Self-motivated, self-directed and the proven ability to manage a team of individuals to drive toward organizational goals and deadlines.
Advanced knowledge of risk management principals and regulatory compliance requirements.
Strong organizational, analytical, critical thinking and problem-solving skills.
Ability to deal with ambiguity and navigate through complex situations.
Relevant industry and professional experience across one or more of the three lines of defense.
Ability to effectively manage multiple deliverables and be able to identify and implement process improvements.
Knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
Knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
Ability to be flexible and manage various projects and competing priorities.
Strong communication skills, oral and written, ability to interact with all levels of management.
Strong Excel, PowerPoint, and Visio skills.
ROLE-2
Role - IT/IS Senior Analyst
Visa Type: All EAD/USC/H1B
Position Type: Contract
Location: Phoenix, AZ
Work Model- Hybrid( 3 Day Office 2 days Remote)
Customer Name: Western Alliance Bancorp
Brief Job Description: IT/IS Senior Analyst
Western Alliance Bank Corporation is currently seeking a highly qualified and experienced Second Line of Defense Technology (IT) and Information Security (IS) Senior Analyst to join our IT/IS and TPRM risk management team in the second line of defense. The successful candidate will take on supporting IT/IS risk management functions. Duties would include reviewing first line controls for completeness, assisting with targeted risk assessments, issue management, and risk reporting in technology and cybersecurity. This person would help develop reporting and trends for IT & IS. This position offers an exciting opportunity to contribute to the bank's risk management framework and play a key role in safeguarding our institution against technology, information security and third- party risks.
Key Responsibilities:
Monitor external industry trends and regulatory changes that may impact areas of risk oversight (Technology and Information Security).
Perform triage and detailed FAIR risk analysis using the Birdseye platform to effectively scope and analyze loss event scenarios at scale.
Apply internal and external data as well as calibrated estimation techniques to support FAIR analysis.
Evaluate risks and use strong knowledge of control categories and their effect on loss exposure to make informed recommendations for risk mitigation strategies to the business.
Interpret analysis results and effectively communicate their meaning to decision-makers and other invested stakeholders.
Build and help manage the organization's risk registers to monitor risks and track their mitigation activities with the associated risk owners.
Help define KPIs and KRIS to be actively used in decision making.
Work with the Birdseye platform to monitor and regularly update loss tables and data helpers within the Birdseye platform to support efficiency and consistency of risk analyses.
Coordinate data-gathering initiatives to improve measurement precision.
Socialize the FAIR risk quantification program and promote its adoption among internal stakeholders and Leadership.
As needed this role would engage with appropriate first, second, and third-line stakeholders to ensure effective communication and coordination between the three lines of defense.
Qualifications:
Bachelor's degree and 10+ years of experience with Finance, Risk Management, Cybersecurity, Computer Science, or a related field. Master's degree is preferred.
In depth knowledge of information security and technology principles in a highly regulated environment.
Knowledge and use of FAIR risk quantification methodology in a prior role.
Background in creating and presenting to different levels and audiences across an organization.
Understanding of risk management practices, including understanding of risk definitions, development of controls and issue management.
Strong ability to analyze processes and data for trending and recommend enhancements.
Effective communication skills with a demonstrated ability to engage, influence, and drive collaboration across stakeholders.
High degree of organization, individual initiative, and personal accountability in a fast-paced environment. Inclusive of ability to make decisions in an ambiguous environment.
Knowledge of regulatory guidance for Third-Party, Technology and/or Cybersecurity functions.
Knowledge of external frameworks for technology and/or cybersecurity (NIST, ITIL, COBIT, Shared Assessments, etc.).
Understanding of risk management principles in a highly regulated organization, including risk identification, risk treatment and risk measurement. Ability to train decision makers on calibrated probability assessments.
High level of speaking and writing skills.
Proficiency in risk management tools and systems, as well as advanced proficiency in Microsoft Office Suite, particularly, Word, Excel, and PowerPoint.
Professional certification in Project Management, Technology and/or cybersecurity (FAIR, CISM, CRISC, CISSP, PMP, etc.). Knowledge of three lines of defense model in a financial services setting.
Experience with the Factor Analysis of Information Risk (FAIR) quantification methodology desired but not required.
Experience: 10+ Years
Keywords for Profile: Cybersecurity , "information security , Security Analyst, FAIR, CISM, CRISC, CISSP, PMP
Thanks & Regards
Satyendra Pandey