Enterprise Risk Management (ERM) Analyst

Posted 2 Days Ago
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Phoenix, AZ, USA
In-Office
Entry level
Fintech • Software • Financial Services
The Role
Supports the bank’s enterprise risk management programs, with primary responsibility for issue management. Conducts periodic assessments, evaluates adherence to standards, documents findings, supports corrective actions, processes issue updates, and contributes to reporting, training, and continuous improvement. The role requires foundational knowledge of risk management, internal controls, audit, SOX, banking operations, regulatory expectations, and the three lines of defense.
Summary Generated by Built In

Job Title:

Enterprise Risk Management (ERM) Analyst

Location:

CityScape

What you'll do:

As an ERM Analyst, you'll support programs to identify, measure, monitor, and control risks throughout the organization. You'll play a key role in the Bank's Enterprise Risk Management Team, who is responsible for several enterprise wide programs, including Risk and Control Self Assessment (RCSA), Controls Testing, Issue Management, Governance Risk and Compliance (GRC) Platform and Program, Third-Party Risk Management, Policy Framework, and Technology and Information Security Risk Management.
The ERM Analyst will be responsible for executing the Issue Management program, ensuring adherence to program methodology, policies and standards and will help develop reporting, training, and continuous improvement initiatives.
  • Maintain a strong understanding of enterprise risk management, issue management, governance, and regulatory expectations applicable to the organization.
  • Perform periodic assessments to evaluate adherence to Issue Management standard requirements; document results and support the development of corrective actions where necessary.
  • Process approved issue maintenance requests, ensuring updates to issue records are completed accurately, timely, and in accordance with Issue Management program requirements and established procedures.

What you'll need:

  • Bachelor's degree required.
  • Entry level understanding of risk management principles, internal controls, audit practices, SOX, or banking operations acquired through education or internship(s).
  • Entry level understanding of industry and three lines of defense (e.g., banking operations, information technology, SOX, compliance, risk management, audit).
  • Knowledge of risk management tools and systems and proficient in Microsoft Office Suite (e.g., Word, Excel, CoPilot, and PowerPoint).
  • Willing to pursue technical knowledge (e.g., COSO, COBIT, NIST, FFIEC) and advanced certifications of risk frameworks and industry best practices (e.g., CISA, CERP, ISACA, CIA, CISSP, CPA) related to the role.
  • Entry level speaking and writing communications skills.

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, 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, as well as AmeriHome Mortgage, 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 [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

  • Bachelor’s degree
  • Entry-level understanding of risk management principles, internal controls, audit practices, SOX, or banking operations through education or internships
  • Entry-level understanding of industry practices and the three lines of defense, including banking operations, information technology, SOX, compliance, risk management, or audit
  • Knowledge of risk management tools and systems
  • Proficiency with Microsoft Office Suite, including Word, Excel, Copilot, and PowerPoint
  • Willingness to pursue knowledge of COSO, COBIT, NIST, FFIEC, and relevant professional certifications
  • Entry-level verbal and written communication skills

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.

  • 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.
  • 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.
  • 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

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The Company
HQ: Phoenix, Arizona
4,045 Employees

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.

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