Remote Opportunity

Senior Model Risk Consultant

Join First Horizon Bank as a senior professional working remotely from United States. Explore the role, benefits, and apply in one place.

Full Time
$120,000 - $180,000*
3 months ago
United States
Worldwide
Model Risk Management & Validation
Senior
Python
Machine Learning
Data Analysis
+2 more

Job Description

Location: On site at location listed in job posting SUMMARY At First Horizon, the Senior Model Risk Consultant, under the supervision of the Director of Model Risk Management, will be responsible for executing best-in-class model validation activities to ensure models across First Horizon are conceptually sound relative to their intended use and performing as expected as well as ensuring compliance with our bank-wide model risk management framework including its policies and procedures. This key member of the Model Risk Management team will work closely with model developers, owners, and business units to ensure effective governance and minimize model risk. Primary Responsibilities * Validates CECL, Stress Testing, and other economic models used by the Bank using various statistical and advanced testing techniques * Critically evaluates the conceptual soundness of models and evaluates alternative theories * Designs and executes appropriate tests to determine whether models work as designed and monitors existing models for adequate performance * Work collaboratively with other model risk analysts as well as model owners, developers, and users Requirements * Master’s degree in Mathematics, Computational Finance, Econometrics, Mathematics, Statistics, or related field * Three years of work experience validating econometric or time series regression models. Relevant PhD work can be substituted for work experience. * Strong knowledge of regulatory requirements for Model Risk Management with proven track records of delivering regulatory requirements * Strong critical thinking skills and a detail-oriented nature to challenge models developed internally and by vendors * Excellent verbal and written communication skills are necessary (ability to explain complex ideas in simple, non-technical language) * In depth knowledge of at least two of the following: DFAST, CCAR, CECL, AML Preferences * PhD degree in Mathematics, Computational Finance, Econometrics, Statistics, or related field * Five years of experience validating econometric or time series regression models Skills and Competencies * Strong ability and training in time series regression models * Proficiency in Python and R * Ability to learn additional systems as needed * Ability to research, analyze data, and derive facts * Ability to work under pressure and meet deadlines * Strong verbal, written communication, and organizational skills * Strong work ethic and self-motivation Hours * Monday - Friday * 9:00 AM - 5:00 PM About Us First Horizon Corporation 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, and mortgage banking 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. More information is available at www.FirstHorizon.com [https://urldefense.com/v3/__https:/www.firsthorizon.com/__;!!Cz2fjcuE!hpq9hPnrucZCPIAVPojVESItIq-FPzhurNdCrQ3JE8Rkx3gMd70nIk6_kmPxl66_oJCEsXs0gNunPowMAMHCmBYPOtUxUGI$]. 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 [https://www.facebook.com/FirstHorizonBank] X formerly Twitter [https://twitter.com/FirstHorizonBnk] LinkedIn [http://www.linkedin.com/company/first-horizon-bank] Instagram [https://www.instagram.com/first_horizon/] YouTube [https://www.youtube.com/channel/UCEVs5OMj-b0H9Dr5Q209_-Q]

Requirements

  • Master's degree in Mathematics, Computational Finance, Econometrics, Mathematics, Statistics, or related field
  • Three years of work experience validating econometric or time series regression models
  • Strong knowledge of regulatory requirements for Model Risk Management
  • Strong critical thinking skills and a detail-oriented nature
  • Excellent verbal and written communication skills
  • In-depth knowledge of at least two of the following: DFAST, CCAR, CECL, AML

Benefits

  • 401k Matching
  • Health Insurance
  • Paid Time Off
  • Flexible Hours
  • Gym Membership
  • Wellness Programs

Skills

Python
Machine Learning
Data Analysis
Time Series Regression Models
Statistical Testing

About AI-Estimated Salary

The salary range shown was not provided by the employer. Our AI has estimated it based on the job title, required experience, location, and industry standards (confidence: 80%). This estimate should be used as a general guide only and may not reflect the actual compensation. Always confirm salary details directly with the employer during the application process.

Ready to Apply?

Join First Horizon Bank today

Salary Range (AI-Estimated)*
$120,000 - $180,000
80% confidence
Posted 3 months ago

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