Description
About Us
First Horizon Corp. (NYSE: FHN), with approximately $90 billion in assets, 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, mortgage, and title insurance 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.
Job Overview
As the Pricing and Profitability Manager in the Corporate Treasury department, you will play a critical role in supporting the pricing and profitability performance across the banking franchise while also gaining exposure to other areas of the Corporate Treasury department including asset/liability management, liquidity and balance sheet management, and capital planning.
Duties & Responsibilities
Responsible for the overall management and support of “Bankers Sales Environment” (BSE) a tool used by bankers to manage their portfolio of clients, with a focus on pricing and profitability
Oversees the day-to-day management of the bank’s risk-adjusted return on capital (RAROC) pricing model utilized by bankers within the tool to evaluate pricing for commercial clients
Manages a team of financial analysts responsible for providing support for pricing and profitability, including responsibilities that include understanding the data and analytics contained within the tool and responding professionally and clearly to questions on all aspects of the tool via email or phone
Ensures the tool is accurate, up-to-date, and fully utilized by our banking teams. This includes coordinating with IT, Finance, and data teams to ensure that data is refreshed in a timely and accurate manner and coordinating with the vendor and Project Management to ensure that any upgrades or enhancements to the platform are delivered on time and communicated appropriately.
Provides market-level and line of business support for bankers to evaluate pricing and profitability strategies for clients and swiftly help guide informed pricing decisions that achieve target profitability objectives and support client needs
Develops and maintains relationships with key line of business and product leaders to ensure sound understanding and alignment with business strategies and balance sheet goals
Coordinates with Training department and line of business leadership to ensure appropriate training for new associates and availability of periodic training sessions to provide updates on pricing guidance and best practices in the tool and enhance banker performance and overall bank profitability
Maintain relationship with Third Party Vendor, White Clay (BSE), to coordinate upgrades or enhancements to the platform and ensure all changes are communicated appropriately
Day-to-day management of the BSE pricing model and compliance with model governance includes:
Analyzes pricing model inputs, assumptions, methodologies, and results to assess model soundness, recommending enhancements and collaborating with cross-functional stakeholders to implement and communicate model updates
Maintains supporting documentation and partners with model validation to ensure model governance processes and procedures are appropriate, executed, and follow Company and regulatory guidelines
Requirements
Bachelor’s degree (Finance, Accounting, or related field); MBA or CFA preferred
5+ years of banking experience required (Corporate Treasury, Finance, Risk, or Product preferred)
Experience working with pricing / profitability concepts such as RAROC and funds transfer pricing highly desirable
Organized self-starter with the ability to think and work independently and creatively
Results driven and detail-oriented with demonstrated ability to prioritize and execute responsibilities
Ability to anticipate questions, resolve issues, and develop analysis / summary materials independently with limited direction
Excellent interpersonal, verbal, and written communication skills
Proficient with Microsoft Office Suite (Excel, Word, PowerPoint); experience with Oracle Essbase, SQL, Cognos, and VBA 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
Follow Us
Facebook -- facebook.com/FirstHorizonBank
Twitter -- twitter.com/FirstHorizonBnk
LinkedIn -- linkedin.com/company/first-horizon-bank
Instagram -- instagram.com/first_horizon
YouTube -- youtube.com/channel/UCEVs5OMj-b0H9Dr5Q209_-Q
Corporate Diversity Commitment:
We remain committed to creating a more equitable society, and that starts with our associates, our clients, and the communities we serve. We do this by elevating equity, providing capital and counsel, and committing to excellence in everything we do.
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)