LFI Readiness Program Senior Analyst

Job Title :

LFI Readiness Program Senior Analyst

Location : CityScape

What you'll do :

The LFI Readiness Senior Analyst will be responsible for assisting the LFI Program Office, including Head of LFI Program with executing the Bank's LFI Readiness Program to ensure compliance with Regulation YY Category 4 and related regulations. In addition, this individual will be a key part of development of LFI Readiness Program framework, governance, and oversight to monitor, evaluate, and report on the effectiveness of program itself as well as each project being completed within LFI Program. This role reports to the LFI Readiness Manager and is responsible for assisting with tracking the LFI readiness program with a specific focus on the project financials. This role needs to be able to communicate financial information for the program in collaboration with FP+A, Accounting, and EPMO. This role will be highly focused on ensuring budget metrics including capitalized expenses and statements of work for all related LFI program work is being tracked and recorded accurately.

• Collaborate with key stakeholders including IT, FP&A, Accounting, and EPMO to ensure LFI Program Office (LFIPO) has all critical information from areas to make necessary decisions especially related to budget decisions.
• Challenge workstream business owners with assistance of other team members and co-source SMEs to ensure identified items are captured and tie back to regulatory requirements.
• Ensure with Head of LFI Program Office ongoing compliance with FRB Regulation YY and related Enhanced Prudential Standards (EPS).
• Track and analyze regulatory updates and assist in implementing necessary program changes, as needed.
• Assist with the preparation of RFPs and SOWs for engaging third party partners in individual workstreams.
• Ensure implementation of LFIPO and related policies across business units (such as Software Capitalization) and monitor adherence.
• Work closely with internal audit, compliance, strategic partner, and legal teams to align with regulatory requirements as they related to LFIPO and Bank.
• Provide support in coordinating communications with internal audit, compliance, strategic partner, and legal teams as well as external regulators. This includes data collection for reporting in conjunction with Regulatory Relations related to project financials and progress.
• Facilitate coordinating cross-functional teams to ensure that LFI readiness initiatives are implemented smoothly and on time. Assist with tracking and monitoring project deliverables related to the program and reporting progress especially focused on budget and time tracking.
• Coordinate, maintain documentation related to budget activities for the LFI Program including requests for proposals, statements of work, invoices, accruals, etc.
• Help develop and distribute training materials related to tracking of spend for LFI readiness efforts and capitalization of those efforts.
• Support the delivery of training sessions to staff across various departments to raise awareness on LFI readiness budget and tracking of progress towards milestones. Monitor training completion and ensure adherence to compliance learning objectives.
• Assist with monitoring logs of identified issues during work by Senior Analyst and third party related to EPS compliance and track their resolution with reporting to Head of LFI Program. Assist in developing action plans to address gaps in compliance and monitor remediation efforts to be approved by Head Of LFI Program.
• The responsibilities listed are supportive of the LFI Program Office and may encompass additional activities as LFIPO matures.

What you'll need :

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