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Model Risk Manager Jobs in Memphis, TN (NOW HIRING)

First Horizon Bank

Senior Financial Analyst

Memphis, TN

$83.20K - $103.60K/yr

Partnering with risk management, internal audit, and model validation to ensure processes and procedures are appropriate, executed, and follow Company and regulatory guidelines * Assisting other ...

Hilton

Manager Tax Planning

Memphis, TN · On-site

$99.30K - $130.20K/yr

... tax, forecasting, risk management, and asset management. As a Tax Planning Manager on the ... Review of international tax modeling What It Takes to Make the Stay You have these minimum ...

Deloitte

Tax Manager - Federal / Corporate Tax

Memphis, TN · On-site

$107.80K - $141.30K/yr

... controversy and risk management, specialized services including research and development ... Ability to perform job responsibilities within a hybrid work model that requires US Tax ...

TEAM HEALTH

Emergency Medicine Physician

Memphis, TN · On-site

Team-based model with experienced nurses, pediatric specialists, and OB coverage * Predictable ... Dedicated physician support services and risk management * Career growth opportunities through ...

TEAM HEALTH

Emergency Medicine Physician

Memphis, TN · On-site

Team-based model with experienced nurses, pediatric specialists, and OB coverage * Predictable ... Dedicated physician support services and risk management * Career growth opportunities through ...

First Horizon

Senior Financial Analyst

Memphis, TN · On-site

$83.20K - $103.60K/yr

Partnering with risk management, internal audit, and model validation to ensure processes and procedures are appropriate, executed, and follow Company and regulatory guidelines * Assisting other ...

ABB

Category Manager

Senatobia, MS · On-site

... risk-mitigation strategies. Develops should-cost models covering steel grade selection, material ... Managing planning and tracking of procurement activities, cost budgets, emerging country spending ...

Abb Holdings Inc

Category Manager

Senatobia, MS · On-site

... risk-mitigation strategies. Develops should-cost models covering steel grade selection, material ... Managing planning and tracking of procurement activities, cost budgets, emerging country spending ...

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All JobsModel Risk Manager JobsModel Risk Manager Jobs in Memphis, TN

Model Risk Manager information

See Memphis, TN salary details

$56.7K

$122.8K

$187.1K

How much do model risk manager jobs pay per year?

As of May 30, 2026, the average yearly pay for model risk manager in Memphis, TN is $122,758.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,000.00 and $142,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Model Risk Manager, and why are they important?

To thrive as a Model Risk Manager, you need a solid background in quantitative finance, statistics, or mathematics, often supported by an advanced degree and experience in model development or validation. Familiarity with programming languages such as Python or R, risk management frameworks, and regulatory requirements like SR 11-7 or ECB guidelines is typically expected. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for articulating complex model risks to stakeholders. These competencies are vital for ensuring the accuracy, compliance, and reliability of financial models within an organization.

What are some common challenges a Model Risk Manager faces when validating complex financial models?

Model Risk Managers often encounter challenges such as limited or incomplete data, evolving regulatory requirements, and the need to validate highly complex or proprietary models. They must work closely with model developers, quantitative analysts, and compliance teams to ensure all assumptions and methodologies are sound. Staying up to date with industry best practices and maintaining clear documentation are also crucial, as is effectively communicating findings to both technical and non-technical stakeholders.

What does a Model Risk Manager do?

A Model Risk Manager is responsible for identifying, assessing, and mitigating risks associated with financial and analytical models used by an organization. They ensure that models are accurate, reliable, and compliant with regulatory standards by overseeing validation processes and monitoring model performance. Their role often includes collaborating with model developers, conducting independent reviews, and implementing model governance frameworks to minimize potential losses or errors stemming from model misuse or inaccuracies.

What is the difference between Model Risk Manager vs Quantitative Analyst?

AspectModel Risk ManagerQuantitative Analyst
Required CredentialsAdvanced degrees in finance, statistics, or mathematics; certifications like FRM or CFADegree in finance, economics, mathematics, or related fields; often CFA or CQF
Work EnvironmentFocus on risk management teams within financial institutions; regulatory complianceAnalytical roles within trading, investment, or banking divisions; model development
Employer & Industry UsageFinancial institutions, banks, asset managersInvestment firms, hedge funds, banks, financial services

The Model Risk Manager primarily oversees and mitigates risks associated with financial models, ensuring compliance and accuracy. In contrast, Quantitative Analysts develop and implement models to support trading, investment, or risk strategies. While both roles require strong quantitative skills and similar credentials, their focus areas differ—risk management versus model development and analysis.

What are popular job titles related to Model Risk Manager jobs in Memphis, TN? For Model Risk Manager jobs in Memphis, TN, the most frequently searched job titles are:
What job categories do people searching Model Risk Manager jobs in Memphis, TN look for? The top searched job categories for Model Risk Manager jobs in Memphis, TN are:
What cities near Memphis, TN are hiring for Model Risk Manager jobs? Cities near Memphis, TN with the most Model Risk Manager job openings:
Model Risk Manager jobs near you

Senior Financial Analyst

First Horizon Bank

Memphis, TN

$83.20K - $103.60K/yr

Full-time

Medical, Dental, Vision, Retirement

Posted 14 days ago

First Horizon Bank rating

8.3

Company rating: 8.3 out of 10

Based on 30 frontline employees who took The Breakroom Quiz

33rd of 141 rated banks

Job description

No sponsorship or visas will be provided for this opportunity

Location: On site in Memphis, TN or Charlotte, NC

Overview

Growth oriented Corporate Treasury team looking to add an experienced financial analyst to help build and run FHN’s liquidity risk management function. To be effective in this high visibility role the analyst must be well-organized, detail-oriented, possess superior analytical and communications skills, and have a strong work ethic.

Top candidates must be able to demonstrate history of:

  • Constructing well controlled, governed, and documented processes for financial analysis, data management, and reporting
  • Summarizing key findings and preparing succinct presentations for senior management and the Board of Directors
  • Meeting deadlines while independently taking initiative to drive complex projects to completion

Exciting opportunity to join a high caliber team! Top performers will be rewarded with exposure to key leaders across multiple departments and opportunities for formal and informal mentorship.

Key Responsibilities Include

Analysts on the Liquidity team are responsible for executing and cross-training across a variety responsibilities such as:

  • Developing and producing dashboards to monitor Key Risk Indicators, peer comparisons, and other metrics
  • Conducting liquidity stress tests and assisting in development of scenarios, assumptions, and back-testing
  • Analyzing drivers of change in the liquidity position (cash flow and customer trends)
  • Testing key sources of liquidity included in the Contingency Funding Plan
  • Performing economic, industry, and regulatory research including review of proposed regulations to provide impact assessment
  • Partnering with risk management, internal audit, and model validation to ensure processes and procedures are appropriate, executed, and follow Company and regulatory guidelines
  • Assisting other teams in the Corporate Treasury department on ad-hoc projects covering asset/liability management, loan and deposit pricing, and capital planning as needed

     

    Qualifications Include

    • Bachelor’s degree; advanced degree and/or certification such as CFA or CPA preferred
    • 3-5 years experience in the banking industry (Finance, Risk, Audit, Business Intelligence, or Product team) preferred; open to training experienced professionals with transferable skills
    • Ability to generate high quality work product with strong attention to detail
    • Demonstrated ability to summarize analysis and research clearly and concisely in verbal and written form
    • Team orientation and excellent interpersonal skills
    • Ability to self-identify process gaps and weaknesses
    • Strong organization, time management, and multi-tasking skills to manage responsibilities described above
    • Proficient in Microsoft Office suite. Excel, PowerPoint, and Word required with Power BI, Visio, and VBA a plus.
    • Experience with database reporting and programming tools such as SQL, Python, R, etc. a plus

    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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