ALM Analyst

First Horizon Bank

Charlotte, NC

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JOB DETAILS

SKILLS

Accounting, Analysis Skills, Asset Management, Balance Sheet, Bank Stress Testing, Banking Regulations, Banking Services, Benchmarking, Brokerage, Business Model, Capital Markets, Certified Public Accountant (CPA), Chartered Financial Analyst (CFA), Commercial Banking, Commercial Loans, Communication Skills, Consumer Loans, Cross-Functional, Data Sets, Economics, Facebook, Finance, Financial Analysis, Financial Liability, Financial Reporting, Financial Services, Fixed Income Investments, Forecasting, Interest Rates, Internal Audit, Liquidity, Market Analysis, Metrics, Microsoft SQL Server, Mortgage, Multitasking, Oracle Essbase (fka Hyperion Essbase), Presentation/Verbal Skills, Private Banking, Process Improvement, Python Programming/Scripting Language, Quality Metrics, Reconciliation, Reporting Dashboards, Retail, Risk, Risk Management, Risk Modeling, SQL (Structured Query Language), Small Business, Source Code/Configuration Management (SCM), Stress Testing, Time Management, Treasury, Wealth Management, Writing Skills

LOCATION

Charlotte, NC

POSTED

5 days ago

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 escalate 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, capabilities, and skills.
• 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.

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com .

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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About the Company

First Horizon Bank

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