Senior Quantitative Analyst-Funds Transfer Pricing

First Horizon - Memphis, TN

Full-time - Mid Level

Memphis, TN

5,001-10,000 employees

Credit Intermediation and Related Activities

About the position

The Senior Quantitative Analyst-Funds Transfer Pricing at First Horizon Bank is a critical role focused on applying advanced quantitative techniques to assess Funds Transfer Pricing (FTP) results. The position involves developing and enhancing FTP models to ensure effective pricing strategies that align with the firm's financial goals and regulatory requirements. The analyst will provide actionable insights to Executive Management and mentor junior analysts in quantitative analysis techniques.

Responsibilities

• Provide in-depth analysis of FTP results and contribute to the continuous improvement of the FTP framework, ensuring alignment with business objectives and changing market conditions.
• Lead and manage projects related to FTP systems, including automation, integration with financial reporting systems, and implementation of new methodologies.
• Help to manage the model lifecycle for ALM and FTP models, including model development, calibration, monitoring, and change management; ensuring modeling practices align with regulatory standards and industry best practices.
• Develop and produce reports, dashboards, and other data visualizations to senior leadership to support decision-making.
• Ensure compliance with internal policies and external regulations regarding funds transfer pricing and risk management.
• Mentor junior analysts, providing guidance and training on quantitative analysis techniques and FTP concepts.

Requirements

• Master's degree in Quantitative Finance, Statistics, Mathematics, Engineering, or another highly analytical discipline.
• 5+ years of experience in an analytical role within the financial services industry.
• A high degree of proficiency in at least two of the following: Python, SQL, R, SAS, VBA.
• An understanding of the principles of Asset & Liability Management and Funds Transfer Pricing.
• Excellent written and verbal communication skills, with a proven ability to clearly disseminate complex information to non-technical audiences.
• Proficiency with Microsoft Office; experience with SQL and Power Query preferred.
• Intellectually curious, willing to ask questions, committed to personal growth, and open to feedback and new ideas.
• Ability to work independently to balance multiple priorities and produce high quality analytics.

Nice-to-haves

• A strong understanding of Excel, Python, and SQL and some familiarity with SAS.
• Experience modeling Assets and Liabilities, including deposit decay and Funds Transfer Pricing.
• Expertise in Microsoft Excel and VBA.
• Proficient in Empyrean, QRM, BancWare or similar Asset/Liability management software.
• Progress towards a Chartered Financial Analyst (CFA) designation or a Financial Risk Manager (FRM) certification highly preferred.

Benefits

• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match