Senior ALM Manager

About UsFirst Horizon Corp. (NYSE: FHN), with approximately $85 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.

Summary

As the Senior ALM Manager, you will serve as the right-hand person of the Leader of Asset/Liability function and a key contributor to the administration of enterprise-wide interest rate risk management. The ALM team is a growing team of 5 plus key contributors that help drive the direction of the bank's Net Interest Income and keep the bank safe through effective interest rate risk management. First Horizon has a diversified business model with a highly attractive geographic footprint. Additionally, the bank has a strong balance sheet with asset exposure to Commercial and Consumer loans and on the deposit side above industry average insured and collateralized deposits positioning it well for the future. Requires excellent managerial, analytical, and communication skills.Preference is for this opportunity to be located in the Memphis TN or metropolitan areas in the Southeast United States.

Key Responsibilities Include

• Lead contributor to the management of Asset/Liability team, strategic modeling of balance sheet, analysis of related interest rate risk position including (Earning at Risk, Economic Value of Equity and GAP), forecasting of net interest income and net interest margin, and all related management reporting.
• Produce advanced analytical material for discussions with executive management and cross functional leadership teams to understand complex business objectives, influence strategic solutions, and ensure enterprise-wide market risks are within policy limits.
• Lead contributor to the Asset/Liability model and all related assumptions including Funds Transfer Pricing methodology, back-testing, and documentation to certify outputs are reasonable and validated.
• Constructive engagement with various assurance functions including regulators, risk management, model validation, internal and external audit.
• Demonstrate by example and promote an environment that is representative of First Horizon's culture, exercising superb managerial judgement, effective application of positive reinforcement and constructive criticism.
• Support ALM Leader in all preparation for ALCO.
• Support company-wide forecast and capital management processes including capital stress testing.
• Lead contributor to the processes for extracting data from various sources to load Asset/Liability model, review data for errors, and reconcile to consolidated balance sheet. Oversee updates to model and data sources as needed for new products or lines of business.

Qualifications Include

• Bachelor's degree in Economics, Finance, Statistics, Mathematics, Actuarial Sciences, or other quantitative discipline required; MBA or CFA preferred
• 7+ years of Asset/Liability management experience at a regional bank or larger
• Proficient in Empyrean or QRM Asset/Liability management software
• Excellent written and verbal communication skills
• Must be open to feedback and new ideas; able to balance multiple priorities and meet deadlines
• Dexterity to generate complex financial reports and provide crisp and concise presentations
• Must be proactive, deadline oriented, analytical, and have a strong work ethic
• Proficient with Microsoft Office; experience with VBA, SAS, SQL, SSMS, and Power Query preferred

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 --com/First-Horizon-National-Corporation/Careers/Our-Benefits

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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)

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)