ALM Analyst
First Horizon Bank, Charlotte, NC, United States
Location:
Onsite listed in the job posting.
Summary As an ALM Analyst in the Corporate Treasury department, you will support the modeling of the ALM forecasting cycles for net interest income (NII) and economic value of equity (EVE) with the Asset Liability Management (ALM) modeling software. The ALM team is responsible for identifying, assessing and monitoring interest rate risk, understanding the company’s sensitivity profile as well as market value analytics. This role will also gain exposure to other areas of the Corporate Treasury department including balance sheet management and liquidity. 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. This position is located on‑site within the First Horizon footprint, with a preference for Charlotte, NC; Memphis, TN; or Miami, FL.
Job Responsibilities
Identify, assess, and monitor key banking book interest rate risk metrics, including Net Interest Income (NII) and Economic Value of Equity (EVE) sensitivities
Run interest rate risk scenarios as configured in the model (e.g., parallel and non-parallel shocks/ramps, curve twists, basis risk); maintain the scenario library and document any changes
Maintain and reconcile ALM inputs: tie data feeds to the general ledger/subledgers, update approved behavioral assumptions (e.g., deposit betas/lag, decay, prepayment), and apply floors/ceilings as directed
Conduct ongoing monitoring: sensitivity testing, benchmarking, and backtesting; summarizing findings and escalating variances outside tolerances
Prepare materials for review (ALCO packages, executive summaries, and visualizations); ensure accuracy, consistency, and clear commentary
Support capital stress testing for the ALM workstream: prepare inputs, run Empyrean scenarios, perform reasonableness checks, and provide standardized output reports to the Liquidity team
Produce and maintain recurring ALM reports and dashboards; manage templates and version control to ensure repeatable, efficient cycles
Assist in coordination of Risk Management, Internal Audit, and Model Risk requests on walkthroughs, evidence requests, and periodic validations; maintain procedures, assumption inventories, and change logs in accordance with policy and regulatory guidance
Identify and implement incremental process improvements (e.g., streamline templates, automate reconciliations or queries, reduce manual touchpoints) to improve cycle time and reduce errors
Support ad hoc analyses and cross‑functional requests related to ALM and financial forecasting
Required Qualifications
Bachelor’s degree required in Finance, Economics, Accounting or another analytical discipline
3+ years of Treasury/ALM experience at a regional bank or larger
Strong understanding of ALM, balance sheet risk, and bank regulation. Familiar with IRRBB, liquidity metrics, and stress testing concepts
Proficiency in Empyrean, QRM, BancWare or similar Asset/Liability management software
Strong hands‑on proficiency in SQL and Python, with experience analyzing large datasets and building repeatable workflows
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 initiative‑taking, deadline oriented, analytical, and have a strong work ethic
Preferred Skills
Chartered Financial Analyst (CFA) designation, FRM or CPA or progress towards highly preferred
Experience within ALM systems such as Empyrean, QRM, Bancware, or related software, SQL Server, Hyperion Essbase, Bloomberg all 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 -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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Onsite listed in the job posting.
Summary As an ALM Analyst in the Corporate Treasury department, you will support the modeling of the ALM forecasting cycles for net interest income (NII) and economic value of equity (EVE) with the Asset Liability Management (ALM) modeling software. The ALM team is responsible for identifying, assessing and monitoring interest rate risk, understanding the company’s sensitivity profile as well as market value analytics. This role will also gain exposure to other areas of the Corporate Treasury department including balance sheet management and liquidity. 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. This position is located on‑site within the First Horizon footprint, with a preference for Charlotte, NC; Memphis, TN; or Miami, FL.
Job Responsibilities
Identify, assess, and monitor key banking book interest rate risk metrics, including Net Interest Income (NII) and Economic Value of Equity (EVE) sensitivities
Run interest rate risk scenarios as configured in the model (e.g., parallel and non-parallel shocks/ramps, curve twists, basis risk); maintain the scenario library and document any changes
Maintain and reconcile ALM inputs: tie data feeds to the general ledger/subledgers, update approved behavioral assumptions (e.g., deposit betas/lag, decay, prepayment), and apply floors/ceilings as directed
Conduct ongoing monitoring: sensitivity testing, benchmarking, and backtesting; summarizing findings and escalating variances outside tolerances
Prepare materials for review (ALCO packages, executive summaries, and visualizations); ensure accuracy, consistency, and clear commentary
Support capital stress testing for the ALM workstream: prepare inputs, run Empyrean scenarios, perform reasonableness checks, and provide standardized output reports to the Liquidity team
Produce and maintain recurring ALM reports and dashboards; manage templates and version control to ensure repeatable, efficient cycles
Assist in coordination of Risk Management, Internal Audit, and Model Risk requests on walkthroughs, evidence requests, and periodic validations; maintain procedures, assumption inventories, and change logs in accordance with policy and regulatory guidance
Identify and implement incremental process improvements (e.g., streamline templates, automate reconciliations or queries, reduce manual touchpoints) to improve cycle time and reduce errors
Support ad hoc analyses and cross‑functional requests related to ALM and financial forecasting
Required Qualifications
Bachelor’s degree required in Finance, Economics, Accounting or another analytical discipline
3+ years of Treasury/ALM experience at a regional bank or larger
Strong understanding of ALM, balance sheet risk, and bank regulation. Familiar with IRRBB, liquidity metrics, and stress testing concepts
Proficiency in Empyrean, QRM, BancWare or similar Asset/Liability management software
Strong hands‑on proficiency in SQL and Python, with experience analyzing large datasets and building repeatable workflows
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 initiative‑taking, deadline oriented, analytical, and have a strong work ethic
Preferred Skills
Chartered Financial Analyst (CFA) designation, FRM or CPA or progress towards highly preferred
Experience within ALM systems such as Empyrean, QRM, Bancware, or related software, SQL Server, Hyperion Essbase, Bloomberg all 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 -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
#J-18808-Ljbffr