Quantitative Model Consultant

At First Horizon, the Quantitative Consultant is a member of a key strategic team that is responsible for performing independent model risk oversight activities, including model identification, classification, inventory management, validation, review, issue remediation testing, reporting, and related activities. The associate will assist the department manager in managing all governance activities relating to model risk including risk assessment, inventory maintenance, reporting, high level reviews of models for regulatory and policy compliance, and basic quantitative testing of model controls.
Primary Responsibilities

• Maintains a data base of models and their various attributes used throughout the Bank.
• Prepares a risk assessment of all models and reviews and updates the assessment at least annually.
• Prepares reports of model risk activity and metrics for submission to various stakeholders including senior executives, risk committees, Internal Audit, and external state and federal regulators.
• Maintains and updates the validation/review schedule.
• Performs a high-level governance review of all models to determine their compliance with regulatory guidance and internal policy requirements.
• Performs quantitative testing of various model components under the guidance of senior analysts.
• Other duties as assigned.

Requirements

• Bachelor's degree in Mathematics, Statistics, Economics, Data Science, or other quantitative field.
• Proficiency in Stata, MATLAB, R, SAS, data science technologies, or other similar applications.
• Proficiency in Microsoft Office particularly Access, Excel, Word, and PowerPoint.

Preferences

• Two (2) years' experience in a quantitative field and banking
• Competency in Finance and Economics

Skills and Competencies

• Ability to manage multiple tasks and work effectively under pressure in a rapidly changing environment.
• Attention to detail, initiative, and ability to work under tight deadlines.
• Excellent written and oral communication skills, especially clearly explaining quantitative concepts to non-quantitative audiences.
• Motivated, organized, and team oriented.
• Strong business acumen with the ability to communicate with both business and Information Technology (IT) leaders.
• Understanding of basic statistical and predictive modeling concepts.

About UsFirst Horizon Corp. (NYSE: FHN), with approximately $90 billion in assets, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. 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-Benefits
Follow Us
Facebook -- facebook.com/FirstHorizonBank
Twitter -- twitter.com/FirstHorizonBnk
LinkedIn -- linkedin.com/company/first-horizon-bank
Instagram -- instagram.com/first_horizon
YouTube -- youtube.com/channel/UCEVs5OMj-b0H9Dr5Q209_-Q
Corporate 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.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The 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)