Location: On site in Memphis, TN; Raleigh, NC; Coral Gables, FL; Birmingham, AL or Charlotte, NC
Summary:
We are seeking a motivated and detail-oriented Resolution Planning Analyst to join our Resolution Planning and Financial Stability team. In this role, you’ll support our efforts to ensure the bank has robust plans in place to manage financial distress scenarios and maintain stability without impacting the broader financial system.
Key Responsibilities:
• Resolution Plan Development: Support in developing, updating, and testing the bank’s resolution plans (“living wills”), ensuring alignment with regulatory requirements.
• Data Collection and Analysis: Collect and analyze data on the bank’s structure, assets, liabilities, and financial activities to help identify critical functions and evaluate potential risks.
• Regulatory Reporting: Prepare and review regulatory submissions related to resolution planning, working closely with compliance and reporting teams to ensure accuracy and timeliness.
• Research and Industry Monitoring: Stay updated on industry best practices and changes in financial regulations related to resolution planning and financial stability.
• Cross-Department Collaboration: Collaborate with risk, finance, compliance, and operations teams to gather information, analyze data, and develop strategies for an orderly resolution if required.
• Documentation and Record-Keeping: Maintain organized documentation of all resolution planning processes, analyses, and regulatory submissions.
Other Functions:
• Recovery Plan Integration: Assist in integrating the recovery planning process with the bank’s risk governance functions, ensuring it complements strategic, operational, contingency, capital, liquidity, and resolution planning.
• Stress Testing: Leverage DFAST or CCAR stress tests and contingency funding plans to identify stress scenarios, triggers, and recovery options.
• Trigger Identification and Monitoring: Develop and monitor quantitative and qualitative triggers aligned to the bank’s risk appetite, ensuring early warning indicators are in place to allow timely activation of recovery options.
• Impact Assessment: Assess the potential impact of proposed recovery options on the bank’s capital, liquidity, profitability, funding, material entities, and critical operations.
• Communication Procedures: Outline and coordinate communication procedures for notifying internal stakeholders and regulators in case of a significant trigger breach or activation of a recovery plan.
Qualifications:
• Bachelor’s degree in Finance, Accounting, Economics, Business, or a related field.
• Strong understanding of financial concepts and proven financial modeling and analysis ability; demonstrated understanding of financial statements, including drivers of results.
• Excellent written and verbal communication skills, with the ability to present complex information clearly.
• Willingness to work in a fast-paced, evolving regulatory environment, with an eagerness to learn and grow in the field.
• A collaborative mindset, as this role involves working with multiple teams and stakeholders within the bank.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint); experience with data visualization or analytical tools is a plus.
Preferred Skills:
• Master’s degree, MBA, or relevant professional designation (e.g., CPA, CFA, FRM)
• Familiarity with regulatory concepts related to financial stability, risk management, or resolution planning.
• Interest in financial regulations, including Dodd-Frank, Basel III, or the Bank Recovery and Resolution Directive (BRRD), is advantageous.
About Us
First Horizon is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. With $81.7 billion in assets as of December 31, 2023, we serve clients through a team of approximately ~7,300 associates and ~418 banking centers throughout the southeastern United States. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. 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.
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
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.
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