Job Title:

Principal Analyst I

Location:

Block 23

What you'll do:

As a Principal Analyst I, you'll be supporting the Lending segment specifically the Regional Banking organization and play a key leadership role in advancing major business and technology initiatives that strengthen operational effectiveness and improve performance outcomes. You’ll leverage deep process and data expertise to evaluate current operating models, identify constraints, determine root causes, and uncover opportunities that accelerate strategic goals. In this role, you’ll lead the development, review, and maintenance of key artifacts that accurately represent current state processes, practices, and operational metrics, while shaping future state capabilities grounded in business value. You’ll guide cross functional stakeholders through complex problem solving, provide data driven recommendations, and drive the implementation of solutions that deliver measurable results. Additionally, you’ll assess alternative process options, evaluate their impact on KRIs, KPIs, and operational metrics, and ensure enhancements are monitored and communicated using quantitative measures. As a strategic partner to business and technology teams, you’ll engage with subject matter experts across the enterprise to clarify problem statements, align on opportunities, and secure approvals for ongoing stewardship of key performance and risk indicators that support the continued growth of the Lending segment and its Regional Banking organization.

• Define and execute a value‑driven development strategy grounded in business vision and human‑centric design.
• Maintain strong business domain knowledge to translate requirements into clear, actionable solutions.
• Drive quality through consistent tracking, product evaluation, and adherence to SDLC expectations.
• Create and manage key artifacts such as business cases, capability maps, data dictionaries, wireframes, ADO backlogs, KPI dashboards, and test strategies.
• Oversee end‑to‑end testing and validation to ensure solution readiness and alignment with business goals.
• Lead on programs and expected to lead activities to ensure that both the business outcomes of the project are achieved as well as the outcomes are aligned to our business strategy. This position will also define the work breakdown structure for all involved teams, by setting and meeting deadlines for that work, lead discussions to gather requirements and review artifacts, while working to resolve issues that impede progress.
• Develop list of critical documentation and artifacts to meet project objectives, complete of high-quality deliverables, and effectively communicate learnings, findings, impacts, and next steps with subject matter experts or project stakeholders.
• Use deep understanding of Microsoft Office tools, Diagramming Software (e.g. Lucid, Visio, etc.), and/or other appropriate technical tools in review of Banking processes, functions, or organizational models within a specific domain or functional area utilizing critical thinking skills and strong communication skills to develop clear and concise narratives or communications.
• Leverage Risk Management experience from a large financial institution subject to heightened standards, specifically in risk, compliance, or corporate governance.

What you'll need:

• 8+ years of related experience.
• Bachelor's degree in related field required; Masters or MBA in related field preferred.
• Very good understanding of ADIm Lucid, Confluence, Power BI, Excel with macros.
• Previous leadership experience preferred.
• Advanced to expert knowledge of general Financial Services or Banking is preferred.
• Advanced to expert knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
• Advanced to expert in process and data analysis within one or two domains or functional areas with deep critical thinking skills.
• Experience working as a SME across one or two domains or functional areas.
• Advanced to expert experience in leading cross-functional teams and managing multiple projects simultaneously with an established expertise in one or more key domains of the bank (Deposits, Loans, Operations or Reporting)with the ability to walk through top level process design. Capable of working with regulatory partners like the CFPB, OCC and FRB through audits and collaboration efforts as situations arise.
• Advanced to expert familiarity with the capability model across IT and the applications and infrastructures available for engagement in solutioning across the bank to develop results that leverage existing capabilities in addition to implementing new solutions when required. Experience in the design, enhancement and compliance to all governance frameworks across the IT organization to ensure proper compliance to published procedures and standards.
• Advanced speaking and writing communication 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 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 [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