Company to invest $2.2 million, creating 150 jobs
By Terry Troy
Western Alliance Bank, a multi-line financial services headquartered in Phoenix and the primary subsidiary of Western Alliance Bancorporation plans to build a new technology hub in Westerville near Columbus, investing $2.2 million and creating 150 new jobs. The company is hiring data analysts, engineers, developers, network operators, management, finance specialists and others to support its technology organization.
To support the bank’s rapidly expanding products and business segments, the company’s IT division is establishing a workforce in new geographies, like Westerville, to enable acquisition and retention of world-class data analytics, cyber security, software development, finance and IT talent. The banking company has nearly 3,400 full-time employees across its offices.
“We are building a high-performing technology enterprise for our high-performing bank, and we were drawn to this outstanding part of Ohio. The robust talent pipeline, concentration of finance and technology companies and competitive business environment in the Columbus Region is the type of ecosystem we were looking for when scouting locations across the country,” said Tim Boothe, chief operating officer of Western Alliance Bank. “The community amenities, strong corporate presence, Class A office product and talent acquisition practices made Westerville the top contender for this project, which will ultimately be a catalyst for the bank’s growth nationwide.”
Headquartered in Phoenix, Arizona, Western Alliance Bank is a dedicated commercial bank that regularly earns top industry accolades. American Banker and Bank Director both ranked Western #1 for performance in 2021 among large banks with assets greater than $50 billion.
Western Alliance Bank joins the community of global banking institutions, national insurance and technology companies changing the industry that are proud to call the Columbus Region home. Finance and insurance comprise the top private sector by economic output in the Region. Both established and high growth companies in Columbus benefit from the Region’s continuous growth and skilled talent pool with nearly 40 academic and vocational institutions with business, finance and communication programs representing over 4,100 degree completions annually that produce large talent pools ready to enter the market. With more than $65 billion in assets, Western Alliance Bancorporation is one of the country’s top-performing banking companies.
“Our finance cluster and broader business community is proud to welcome Western Alliance, one of the best performing banks in the country, to Westerville,” said Rachel Ray, economic development director for the City of Westerville. “Westerville is already home to dozens of companies that specialize in technology and finance, so combined with the Region’s highly educated talent pipeline, we know that Western Alliance will thrive in this community.”
“This expansion in Westerville demonstrates Western Alliance Bank’s confidence in Ohio’s strong and diverse financial services sector,” said J.P. Nauseef, president and CEO of JobsOhio. “Western Alliance Bank’s investment brings rapid hiring for 150 new jobs that will support the continued national growth of one of the nation’s top performing banks.”