Job Title:
AVP, Market RiskLocation:
CA - Westlake VillageWhat you'll do:
The AVP, Market Risk plays a supporting role in the valuation, risk management, and reporting on Amerihome’s Mortgage Servicing Rights (MSR) and GNMA Early Buyout (EBO) portfolios. This position is ideal for a candidate eager to contribute to Capital Markets, working alongside business lines across the company to assist with risk analytics, help optimize hedging strategies, and support transparent reporting on portfolio performance and risk exposures.- Support the ongoing valuation, risk management and reporting on Amerihome’s MSR and EBO portfolios under the guidance of senior team members.
- Assist in developing and implementing strategies to improve valuation accuracy, hedging effectiveness, and portfolio management, with opportunities for learning and skill development.
- Help build statistical and quantitative models to measure and manage interest rate risk, participating in training and collaborative projects.
- Assist with risk and performance reporting for senior management, learning to communicate portfolio dynamics, hedging effectiveness, and emerging risks clearly.
- Participate in the continuous improvement of risk infrastructure, analytics, and reporting processes, gaining exposure to industry best practices.
What you'll need:
- 3+ years of related experience in Market Risk Management or Capital Markets or similar field.
- Bachelor's degree or equivalent experience required; Masters or MBA in related field preferred.
- Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations, capital markets and/or other residential mortgage products and services.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
- Intermediate knowledge of fixed income markets, including mortgage cash flows, interest rate risk, prepayment and delinquency modeling.
- Intermediate to advanced proficiency with Polypaths or comparable risk management platforms, as well as Bloomberg, SQL, VBA, and Python. Hands-on experience trading TBAs, interest rate swaps, and futures.
- Advanced speaking and writing communication skills.
- CFA designation a plus but not 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:
AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands — Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank — that remain part of the company’s heritage.
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 [email protected] 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
Skills Required
- 3+ years of related experience in Market Risk Management, Capital Markets, or similar field.
- Bachelor's degree or equivalent experience.
- Master's degree or MBA in related field.
- Intermediate knowledge of residential mortgage industry (Correspondent or Retail Lending), including sales, operations, capital markets and mortgage products.
- Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations.
- Intermediate knowledge of fixed income markets, including mortgage cash flows, interest rate risk, prepayment and delinquency modeling.
- Intermediate to advanced proficiency with Polypaths or comparable risk management platforms, Bloomberg, SQL, VBA, and Python.
- Hands-on experience trading TBAs, interest rate swaps, and futures.
- Advanced speaking and writing communication skills.
- CFA designation.
Western Alliance Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Western Alliance Bank and has not been reviewed or approved by Western Alliance Bank.
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Strong & Reliable Incentives — Feedback suggests annual bonuses are broadly available and can materially lift total compensation when business conditions are favorable. Participation spans many roles beyond executives.
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Equity Value & Accessibility — Equity grants are described as widely accessible to employees at multiple levels, adding long‑term value to the package. This breadth helps align employees with company performance.
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Retirement Support — The 401(k) program is positioned as a standout with an employer match structure viewed as stronger than common offerings. Automatic enrollment reinforces accessibility and participation.
Western Alliance Bank Insights
What We Do
Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, offers a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by banking and mortgage experts who put customers first. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.
