Senior Model Risk Consultant

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 Mat...