Western Alliance Bank - Grove City, OH

posted 5 months ago

Full-time - Mid Level
Grove City, OH
Credit Intermediation and Related Activities

About the position

The Enterprise Risk Management (ERM) Information Technology Sr. Analyst will play a pivotal role within the bank's second line of defense, focusing on the development and implementation of operational risk management programs. This includes controls testing, issue management, and risk and control self-assessments (RCSA), as well as technology risk management. The position is part of the Enterprise and Operational Risk Management Group (ERM/ORM), which is dedicated to establishing and executing the bank's risk management framework. The ERM/ORM team is a growing organization that provides expert guidance, credible challenge, and effective oversight of risk-taking activities across the company. This role is critical in informing bank management and the Board of Directors about the inherent risks in their actions and decisions, as well as the enterprise impacts and opportunities for risk management. In this position, the analyst will proactively collaborate with business unit management and stakeholders to identify and assess various risks, including operational, technology, reputational, strategic, financial, and legal risks. The analyst will ensure compliance with regulatory, legal, corporate, and functional requirements, thereby supporting the bank's overall risk management strategy. The role requires a strong focus on enhancing the second line of defense Enterprise and Operational Risk Programs, providing guidance and effective challenge to the first line of defense, and leading walkthroughs of significant processes to ensure effective control design and operation. The analyst will also perform independent control testing activities, document results, and support the development of frameworks and standards for operational risk management requirements.

Responsibilities

  • Support the execution and enhancement of second line of defense Enterprise and Operational Risk Programs, including Controls Testing and Issue Management.
  • Work with the first line of defense to provide guidance and effective challenge for operational, technology, reputational, strategic, financial, and legal risks related to controls testing and issue remediation.
  • Lead walkthroughs of significant processes to ensure controls are designed and operating effectively to mitigate identified risks.
  • Perform independent control testing activities and document results.
  • Support the development of frameworks and standards for the first line of defense operational risk management requirements and act as subject matter expert for first line risk liaisons.
  • Establish and maintain relationships during testing engagements.
  • Execute tasks assigned by manager to deliver on team objectives.
  • Prepare various reports by collecting, analyzing, visualizing, and summarizing source data.

Requirements

  • Previous Controls Testing experience and/or Audit 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.
  • Experience partnering with information technology teams.
  • Knowledge of security, application and/or network core components and tools (such as Azure, AWS, Jira, ServiceNow, Cisco switching and routing, etc.).
  • Experience testing financial and information technology systems and/or ITGC.
  • Advanced knowledge of risk management principles and regulatory compliance requirements.
  • 3+ years in risk and/or compliance within an information technology or information security area.
  • 3+ years of experience in testing technical controls in financial institutions.
  • Strong organizational, analytical, critical thinking and problem-solving skills.
  • Ability to deal with ambiguity and navigate through complex situations.
  • Bachelor's degree in computer science, technology, finance, or a related field of study.

Benefits

  • Competitive salaries
  • Ownership stake in the company
  • Medical and dental insurance
  • Time off
  • Great 401k matching program
  • Tuition assistance program
  • Employee volunteer program
  • Wellness program
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