Senior Model Risk Consultant
Company: First Horizon
Location: Charlotte
Posted on: March 30, 2026
|
|
|
Job Description:
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 nations 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
Keywords: First Horizon, Charlotte , Senior Model Risk Consultant, IT / Software / Systems , Charlotte, North Carolina