Manager, Market Risk in Lafayette, LA at First Horizon National Corporation

Date Posted: 10/18/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    4010 West Congress Street
    Lafayette, LA
  • Job Type:
  • Experience:
    8 to 10 years
  • Date Posted:
    10/18/2020
  • Job ID:
    MARKE02328

Job Description

Note: Location of position can be anywhere where legacy FHB and IBKC has presence including:

  • Atlanta, Birmingham, Charlotte, Memphis, & New Orleans

As it pertains to the company’s market risk, the Market Risk Manager will be responsible for the routine monitoring of the risk management framework and key risk indicators, adherence to the company’s risk appetite and policies, review and comment on reports prepared by the business unit, and provide challenge as to the business unit’s processes, models, and assumptions that measure market risk.

Specifically, the Market Risk Manager will:

  • Routinely meet with the respective business units that own market, interest rate, and liquidity risks
  • Participate in related governance committees and/or working groups
  • Work with appropriate teams to develop reporting tools that reflect the company’s aggregate market risk exposures and sensitivities
  • Perform deep-dives into the business unit’s processes, controls, market risk models and assumptions as needed
  • Implement independent analysis, as needed, of the business units measurement of market risk impacts and sensitivities
  • Provide oversight of business unit's internal controls over processes pertaining to market risk
  • Understand industry/peer best practices as to risk management processes and procedures as it pertains to market risk
  • Ensure compliance with both new and existing market risk-related regulatory guidance
  • Work collaboratively with other risk functions (Credit, Operational, Compliance, Strategic) where business unit risks intersect
  • Support the Company’s counterparty risk reporting and governance process

In order to achieve the above objectives, individual should have working knowledge of banking and financial markets and associated regulations as it pertains to an institution’s asset and lability management function, liquidity and capital risk management, investments, and market risk associated with secondary mortgage banking and hedging activities. Individual should have strong financial, quantitative, and analytical skills while also being collaborative and supportive of the institution’s strategic objectives.

Prefer individual with at least 8-10 years of relevant experience.

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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)