Model Validation Specialist in Memphis, TN at First Horizon National Corporation

Date Posted: 11/26/2019

Job Snapshot

Job Description

To apply validation techniques to models to verify they are conceptually sound and working as intended.

Duties and Responsibilities:
• 90% of the time – Applying validation techniques to models.
• 10 % of the time – Administrative matters
Supervision Exercised:  None – direct or indirect
Supervision Received:  Must be able to take direction and then work independently.
Strategic Impact / Scope of Responsibility:  Model risk is the potential for adverse consequences from decisions based on incorrect or misused model outputs and reports. We make decisions on how well model risk is being managed throughout the company. The person in this position is charged with evaluating models for conceptual soundness, accuracy and effectiveness as well as the model owner’s model risk management practices.

Job Requirements:
Education Required:  Masters with emphasis in Math and or Statistics.
Education Preferred: PhD with Concentration in Math and or Statistics
Experience required: Variable depending upon education. Previous modeling experience is a plus. 

Knowledge / Skills / Abilities / Training / Systems: 
• Experienced SAS user
• Good communication skills – oral and written
• Good analytical thinker – able to “connect the dots”
• Curious
• Able to make complicated things simple
• Able to work on more than one project at a time

Work Hours: Monday thru Friday from 8:00am to 5:00pm

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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)