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Middle Office Risk Analyst , Global Markets

Western Alliance Bancorporation
$84,000.00 - $98,458.00
dental insurance, tuition assistance, 401(k)
United States, Colorado, Denver
1725 Blake Street (Show on map)
Sep 16, 2025

Job Title:

Middle Office Risk Analyst , Global Markets

Location:

Denver, CO

What you'll do:

In this role, you will help launch the Global Markets middle office function for Interest Rate Hedging. You will be a process administrator for the Interest Rate Hedging group, working independently and with clients or internal bank teams. Additionally, you will develop or enhance efforts to improve the group's overall efficiency and expand capacity for more sales activity.
  • Function as the point person for all client- and internal-related administrative matters regarding the growing interest rate derivatives portfolio, including IR Swaps, Caps and Structured Products. Ensure the proper production of monthly and quarterly reporting, including ad-hoc reporting, for the Rates portfolio when necessary.
  • Work with the Rates Sales and Management team members to draft and amend procedure documentation for critical IRD functions. Enhance or develop efforts to improve the Rate Products efficiency and drive growth.
  • Work Closely with Loan Operations, ACH Operations, Corporate Treasury, Accounting, Risk and other teams to resolve open matters. Support the build-out of trade execution functions.

What you'll need:

  • 2+ years of related experience in Treasury or Middle Office or similar field.
  • Bachelor's degree in related field required.
  • Entry level to intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Entry level to intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Entry level to intermediate experience in a Foreign Exchange (FX), Trade Finance (L/Cs) or Interest Rate Derivative (IRD) environment as a Trader or a Back Office Specialist. Other general banking experience would prove beneficial.
  • Intermediate speaking and writing communication skills.
Compensation: Salary range for new hires is generally $84,000.00 - $98,458.00 for San Jose, CA. Salary range for new hires is generally $72,451.00 - $88,487.00 for Las Vegas, NV. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned and restricted stock.

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 is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is 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 HR@westernalliancebank.com 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

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