Model Risk Analyst II
Apply NowCompany: First Horizon National Corporation
Location: Los Angeles, CA 90079
Description:
Location:On site at any office location within the company's footprint.
Summary
At First Horizon, the Senior Model Risk Analyst validates statistical models developed for use by the Bank, including Stress Testing, Fraud, Generative AI, CECL, Economic Capital, Risk Ratings, econometric, and other statistical models.
Primary Responsibilities
Requirements
Skills and Competencies
About UsFirst Horizon Corp. (NYSE: FHN), with $82.6 billion in assets as of September 30, 2024, 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.
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
Corporate Access Commitment:
At First Horizon, we focus on what matters most to our associates, clients and the communities we serve. As we continue to evolve, we remain committed to an open and supportive workplace and providing opportunity and access to capital and counsel for all.
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Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Summary
At First Horizon, the Senior Model Risk Analyst validates statistical models developed for use by the Bank, including Stress Testing, Fraud, Generative AI, CECL, Economic Capital, Risk Ratings, econometric, and other statistical models.
Primary Responsibilities
- Validates CECL, Stress Testing, Credit Scorecard, Fraud, Artificial Intelligence, and other economic and statistical models used by the Bank 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
- M.S. degree in Mathematics, Computational Finance, Econometrics, Statistics, or related field.
- Five years' experience in model validation or development including statistical, econometric, Large Language Models, Machine Learning, or fraud models.
- Preferences
- Five years' experience validating Statistical, Econometric, Large Language models, Maching Learning, or Fraud models.
- Ph.D. preferred.
Skills and Competencies
- Strong ability and training in various type of regression modeling, Generative AI and Machine Learning,
- 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 Corp. (NYSE: FHN), with $82.6 billion in assets as of September 30, 2024, 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.
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
Corporate Access Commitment:
At First Horizon, we focus on what matters most to our associates, clients and the communities we serve. As we continue to evolve, we remain committed to an open and supportive workplace and providing opportunity and access to capital and counsel for all.
Follow UsFacebook
X formerly Twitter
YouTube
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.