Western Alliance

Western Alliance

Regional bank offering tailored business banking

First Line Risk & Control Analyst

Full-Time
No salary listed
Junior
Bachelor's
Dallas, TX, USA+2 more

More locations: Columbus, OH, USA | Phoenix, AZ, USA

In Person
Company Does Not Provide H1B Sponsorship

About the job

Requirements
  • Two or more years of related experience in risk management, regulatory compliance, internal audit, or a similar field.
  • A bachelor's degree in a related field is required.
  • Entry-level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management, and other commercial banking products and services.
  • Entry-level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, and industry standards and practices.
  • Entry-level to intermediate experience in compliance, operations management, audit, risk management, or a related field in financial services.
  • Entry-level to intermediate knowledge of and experience in documenting process maps in process-mapping software and identifying risks and controls in processes.
  • Intermediate speaking and writing communication skills.
Responsibilities
  • Support the timely preparation and execution of risk and control updates and refresh information through the collection of data from various sources defined in desktop procedures.
  • Facilitate meetings to review process understanding and process-map documentation.
  • Provide effective and timely execution of projects and deliverables.
  • Review policies and procedures to document process maps and narratives.
  • Support identification of risks and controls in processes under review, including drafting risks and controls in line with standards.
  • Provide assessment of the control environment and determine effective risk mitigation or identify gaps.
  • Support conversations with risk subject matter experts about the context or severity of risk factors and issues, including third parties, issues, regulatory matters, and legal matters.
  • Engage with business units in the management of risks and controls across all risk types.
  • Monitor execution of risk policies, procedures, and program requirements.
  • Serve as a communication channel between the Risk Management department and business units.

About the company

Western Alliance provides banking products and financial services to small and middle-market businesses, real estate investors, and professional firms. The company operates through several regional divisions and specialized lending groups that generate revenue by providing customized loans, deposit accounts, and treasury management services. Unlike many traditional banks, it uses a relationship-based model that combines local geographic expertise with national specialized groups in sectors like technology and life sciences. Its goal is to provide tailored financial solutions to specific industries and local markets through a diversified portfolio of commercial and industrial lending.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Phoenix, Arizona

Founded

2002

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Simplify's Take

What believers are saying

  • Q2 2026 EPS reached $2.36, with 13.2% year-over-year tangible book value growth.
  • Q2 2026 loans grew $1.8 billion, driven by C&I momentum and lower funding costs.
  • WA VenueX already processed billions and attracts stablecoin issuers, exchanges, and Coinbase.

What critics are saying

  • Jefferies fights Western Alliance’s $126.4 million First Brands lawsuit, risking reputational damage.
  • Western Alliance’s deposit optimization cut Q2 2026 deposits $849 million sequentially.
  • Commercial real estate and construction loans remain large; a 2026 property downturn hits earnings.

What makes Western Alliance unique

  • WA VenueX gives regulated 24/7 dollar settlement for institutional digital assets.
  • Western Alliance still grows through niche platforms: Bridge Bank, mortgage warehouse, CRE.
  • Its relationship banking model pairs customized lending with national specialized vertical coverage.

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Benefits

Health Insurance

Dental Insurance

401(k) Company Match

Tuition Reimbursement

Employee Referral Bonus

Wellness Program

Company News

Cascadia Capital
Sep 23rd, 2026
McNally Industries secures debt financing from Western Alliance Bank with Cascadia Capital advising

McNally Industries, a Wisconsin-based manufacturer of precision-machined components for defense and industrial applications, has secured debt financing from Western Alliance Bank. The financing will refinance McNally's existing facility. Founded in 1942 and headquartered in Grantsburg, McNally designs and manufactures complex assemblies and hydro-mechanical systems for mission-critical applications. The company serves a blue-chip customer base with an average tenure exceeding 20 years. Cascadia Capital acted as exclusive financial adviser to McNally, a portfolio company of Susquehanna Growth Equity. Following exclusivity, McNally closed its new facility with Western Alliance in two weeks. The financing provides McNally with flexibility to execute its growth strategy and deliver on its record backlog.

PR Newswire
Aug 14th, 2026
Hadrian closes $360M credit facility to expand US manufacturing footprint

Hadrian has closed a $360 million revolving credit facility to expand its US manufacturing infrastructure and meet production targets for defence and aerospace programmes. Morgan Stanley Senior Funding served as lead arranger, with joint lead arrangers including Western Alliance Bank, J.P. Morgan, and First Citizens Bank. The financing follows Hadrian's $1.37 billion Series D fundraise announced last week, which valued the advanced manufacturing company at $7.87 billion. The credit facility will support buildout of Hadrian's factory network and machinery investments. Hadrian currently operates four facilities totalling nearly 3 million square feet in California, Arizona, and Alabama, with additional sites under development. The company builds highly automated factories combining robotics and AI for space and defence manufacturers.

FinSMEs
Aug 12th, 2026
MarginEdge Raises $80M in Series D and Debt Funding

MarginEdge, an Arlington, Virginia-based restaurant management and financial software platform provider, raised $80m in Series D and debt funding

Third News
Aug 5th, 2026
Ordway raises $20M to accelerate AI-powered billing and revenue management platform

Ordway, a monetisation platform for innovative business models, has secured $20 million in growth capital. The funding round was led by Harbert Growth Partners, with Western Alliance Bank's Innovation Banking Group participating through debt. The company plans to use the investment to double its research and development budget, focusing on advancing its artificial intelligence product roadmap. Ordway has doubled its recurring revenue over the past two years whilst remaining profitable. Recent AI-powered launches include MCP access for Claude, an advanced cash reconciliation feature, and a contract data abstraction tool. The company has also introduced Ordway Payments, an integrated platform designed to streamline payment processing and revenue reconciliation. The funding will support development of AI agents to automate time-consuming tasks such as updating financial records and creating AI-powered forecasting models for cash flow and revenue predictions.

LeapRate
Jul 26th, 2026
Western Alliance launches WA VenueX for round-the-clock dollar settlement.

Western Alliance launches WA VenueX for round-the-clock dollar settlement. Western Alliance Bank revealed on Friday that it has formally launched WA VenueX, an institutional platform offering real-time US dollar liquidity and support for digital asset activity within a regulated banking environment. The Phoenix-based commercial bank, which holds more than $90 billion in assets, said that its WA VenueX Network provides 24/7 dollar instant settlement for approved institutional digital asset businesses. Since an initial rollout earlier this year, the network has processed billions of dollars in transaction volume across stablecoin minting and redemption, institutional settlement and real-time liquidity rebalancing. The launch places Western Alliance among a small group of regulated US financial institutions offering always-on infrastructure for institutional digital asset markets. Further capabilities, including digital asset custody, financing, tokenisation and programmable financial services, are said to be in development and will be introduced in phases. "Western Alliance Bank is always looking for innovative ways to better serve our clients while advancing the S-curve funding growth strategy we outlined at our Investor Day in May," stated Dale Gibbons, vice chairman and chief banking officer, deposit initiatives and innovation. He added that the platform also supported the bank's deposit remixing efforts and a more diversified source of funding. David Fragale, senior managing director of the bank's digital assets group, said WA VenueX "brings together real-time USD settlement and a roadmap toward integrated digital asset capabilities within a single platform." The bank noted that it launched the platform with nearly five years of digital asset banking experience and about 150 institutional clients, including stablecoin issuers, exchanges and trading firms. The network is currently available to select clients, with integration supported via API.