DescriptionLocation: On site within our Company's geographic footprint.SummaryAt First Horizon, the Senior Model Risk Analyst validates statistical models developed for use by the Bank, including Stress Testing, CECL, Economic Capital, Risk Ratings, econometric, and other statistical models.Primary Responsibilities
Validates CECL, Stress Testing, Credit Scorecard, and other economic and statistical models used by the Bank using various statistical and advanced testing techniques.
Critically evaluates the conceptual soundness of models and evaluates alternative theories.
Extracts, evaluates, and assesses data from various source systems including the completeness, accuracy, and efficacy of the data for use in development and production environments.
Designs and executes appropriate tests to determine whether models work as designed and monitors existing models for adequate performance.
Evaluates model performance by analyzing model outputs, thresholds, and back-testing results.
Work collaboratively with other model risk analysts as well as model owners, developers, and users.
Effectively and succinctly documents test work and conclusions in reports that are shared with various stakeholders in the Bank as well as external parties such as external auditors and regulatory examiners.
Assists and guides more junior analysts in testing approaches and report writing
Requirements
S. degree in Mathematics, Computational Finance, Econometrics, Statistics, or related field;
Five years’ experience in model validation or development;
Preferences
Five years’ experience validating econometric or time series regression models
D. preferred
Skills and Competencies
Strong ability and training in time series regression models
Proficiency in R, Python, SAS, and Microsoft Office
Ability to learn additional systems as needed
Ability to research, analyze data, and derive conclusions
Ability to work under pressure and meet deadlines
Strong verbal and written communication skills
Strong organizational skills
Ability to work within a collaborative team
About UsFirst Horizon is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately 7,300 associates and 418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.Benefit Highlights Medical with wellness incentives, dental, and vision HSA with company match Maternity and parental leave Tuition reimbursement Mentor program 401(k) with 6% match More FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-BenefitsCorporate Diversity Commitment:We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.Follow UsFacebook (https://www.facebook.com/FirstHorizonBank)X formerly TwitterLinkedIn (http://www.linkedin.com/company/first-horizon-bank)InstagramYouTube (https://www.youtube.com/channel/UCEVs5OMj-b0H9Dr5Q209-Q)Equal Opportunity Employer/Protected Veterans/Individuals with DisabilitiesThe contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)