Senior Vice President, Market Risk Manager

Job Title

SVP, Market Risk Manager

Location

CA - Westlake Village

What you’ll do

As a Senior Market Risk Trader, you’ll play a crucial role in managing AmeriHome’s Mortgage Servicing Rights (MSR) asset and GNMA Early Buyout (EBO) portfolios. This role sits within Capital Markets and partners with business lines across the company to enhance risk analytics, optimize hedging strategies, and provide transparent reporting on portfolio performance and risk exposures.

• Help lead the ongoing valuation, risk management, and reporting on AmeriHome’s MSR and EBO portfolios.

• Develop and implement innovative strategies to improve valuation accuracy, hedging effectiveness, and overall portfolio management.

• Produce high‑quality risk and performance reporting for senior management, clearly communicating portfolio dynamics, hedging effectiveness, and emerging risks. Contribute to the continuous improvement of risk infrastructure, analytics, and reporting processes.

What you’ll need

• 10+ years of experience in fixed income or 5+ years of direct experience in a similar field.

• Bachelor’s degree in a related field required; Master’s or MBA in a related field preferred.

• Advanced knowledge of the residential mortgage industry in Correspondent or Retail Lending, including sales, operations, capital markets and/or other residential mortgage products and services.

• Advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.

• Advanced to expert proficiency in Polypaths (or other risk‑management software), SQL, Bloomberg, VBA, and Python.

• Advanced to expert knowledge of fixed‑income markets, including mortgage cash flows, interest‑rate risk, prepayment and delinquency modeling. Hands‑on experience trading TBAs, interest‑rate swaps, and futures.

• Advanced speaking and writing communication skills.

• Chartered Financial Analyst preferred.

• May require up to 25% travel.

Compensation

Salary range for new hires is generally $159,000.00 – $201,569.00 for Westlake Village, CA. Salary amount is determined by specific job location. In addition, the role may be eligible for annual bonus/incentives earned.

Benefits

We offer competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401(k) 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!

Equal Employment Opportunity Statement

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.