Western Alliance Bancorporation

Principal Analyst I

Western Alliance Bancorporation$95K — $115K *
Finance & Insurance
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • 8+ years of related experience in financial services or banking.
  • Bachelor's degree in a related field required.
  • Previous leadership experience preferred.
  • Advanced knowledge of regulatory and legal compliance obligations.
  • Expertise in process and data analysis within specified domains.
  • Strong understanding of Procure-to-Pay (P2P) processes and system design.
  • Hands-on experience with procurement technology platforms.

Responsibilities

  • Lead activities to review current processes and identify opportunities for improvement.
  • Develop documentation and artifacts to meet project objectives and communicate findings.
  • Utilize Microsoft Office and diagramming software to analyze banking processes.
  • Provide technical guidance for the Procure-to-Pay ecosystem and collaborate with other teams.
  • Partner with developers to optimize P2P processes and ensure data integrity.
  • Support testing activities, including UAT planning and defect resolution.
  • Engage stakeholders to identify and socialize needs for KRIs and KPIs.

Benefits

  • Competitive salaries and ownership stake in the company.
  • Comprehensive medical and dental insurance.
  • Generous time off and a great 401k matching program.
  • Tuition assistance and employee volunteer programs.
  • Wellness program to support overall health and wellbeing.
  • Opportunity to gain business knowledge and hands-on experience in financial management.
Full Job Description
Job Title:
Principal Analyst I

Location:
Block 23

What you'll do:
As a Principal Analyst I, you'll lead activities to review current processes and metrics that support operational effectiveness, identify constraints or opportunities that inhibit or accelerate the business and technology strategy. You'll develop options or approaches to improve business outcomes, and drive implementation of solutions to achieve desired results. You'll also be accountable for the development and review of artifacts to ensure they accurately describe current state processes, practices, and/or metrics, determining root cause for constraints in the process. Additionally, you'll take part in the identification of alternative processes and practice options with associated impact on KRIs/KPIs or Operational Metrics. You'll also track and communicate enhancements to the current process and practices as to whether the desired results are being realized through the use of data, metrics, and other quantitative measures. Additionally, as the Principal Analyst I, you'll engage with enterprise subject matter experts and stakeholders to tackle complex issues or opportunities that require significant coordination and alignment across different business units. You'll be accountable for understanding the problem statement or opportunity, capturing current state insights while also providing options and recommendations to the identified stakeholders. In this role you'll also identify, socialize, and gather necessary approvals for the upkeep of, KRIs, KPIs, and Operational Metrics.

You will also act as a bridge between business and technology teams to translate procurement needs into scalable solutions, while driving process optimization, improving data quality, and delivering cross-functional improvements aligned with enterprise 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 the 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.
  • Provide strategic oversight and technical guidance for the Procure-to-Pay (P2P) ecosystem while collaborating with cross-functional teams to translate business requirements into scalable, resilient system solutions that ensure data integrity and operational efficiency.
  • Partner closely with developers, architects, and cross-functional teams to support and optimize Procure-to-Pay (P2P) processes by ensuring seamless system interactions, reliable data exchange, and consistent processing across interconnected platforms.
  • Supporting testing activities including UAT planning, execution, and defect resolution.


What you'll need:
  • 8+ years of related experience.
  • Bachelor's degree in related field required.
  • Previous leadership experience preferred.
  • Advanced knowledge of general Financial Services or Banking is preferred.
  • Advanced 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.
  • Strong understanding of Procure-to-Pay (P2P) processes, with the ability to translate procurement, accounts payable, and finance operations into scalable system designs and data-driven solutions.
  • Hands-on experience with procurement technology platforms (e.g., Oracle Fusion, Coupa, Levelpath), focusing on system configuration, data integrity, performance optimization, and end-to-end workflow reliability.
  • Advanced speaking and writing communication skills.
  • Occasional travel required.


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 Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company that provides a range of banking and related services to businesses and individuals. The company was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance Bancorporation operates through its subsidiary banks, which include Western Alliance Bank, Bank of Nevada, and Bridge Bank. The company offers a variety of products and services, including commercial and industrial loans, real estate loans, treasury management, and wealth management. Western Alliance Bancorporation is committed to providing exceptional customer service and has received numerous awards and recognitions for its performance and growth.
Learn more about Western Alliance Bancorporation
Size
3,139 employees
Market Cap
$6.2 billion
Industry
Net Income
$506.6 million
5 Year Trend
+18.8%
NASDAQ

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