Intern - Model Risk Management
Summary
Our -week internship offers a comprehensive and immersive experience for students interested in gaining practical knowledge and skills in the banking industry.
Each week, you will be exposed to different leaders and aspects of the line of business. You will have the opportunity to complete projects that will help you understand the day-to-day operations of a bank and develop a well-rounded skillset.
Additionally, you will have the chance to receive guidance from experienced professionals in the field, participate in meetings, and network with other interns and associates.
By the end of the program, you will have gained valuable insights, built a solid foundation in banking practices, and potentially set the stage for future career opportunities at First Horizon.
Work schedule and number of hours worked per week (minimum : hours) are flexible, within normal business hours.
The Intern will learn and assist with the day-to-day duties of the Model Risk Management members, including :
- Assist in maintaining an inventory of models used in the Bank, including Treasury, Credit, Money Laundering, and Fraud
- Become familiar with regulatory guidance on Model Risk Management and applying it to a simple mathematical model.
- With assistance from a senior analyst, apply basic data science and regression techniques to build or analyze a simple model or some component of a model used in banking.
- Research topics dealing with Generative AI and give a presentation outlining risks and ways to mitigate those risks.
Qualifications :
- Full-time student undergraduate student with anticipated graduation date between December - June
- GPA of or above
- Strong interest in business and finance, though no specific major is required.
- Course work in Statistics, Econometrics, or Data Science work is preferred.
- Resourcefulness, team-orientation, enthusiasm, entrepreneurial spirit
- Demonstrated leadership and self-development (work, campus)
- Ability to interface and network with people at all levels of the organization.
- Strong communication and collaboration skills
- Strategic and critical thinking skills
Computer and Office Equipment Skills :
- Microsoft Office Suite
- Matlab, R, SAS or other tool used for data analytics.
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 $ billion in assets as of December , , we serve clients through a team of approximately , associates and banking centers throughout the southeastern United States.
Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in states across the southern First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top Most Reputable Bank.
Benefit Highlights
- Medical with wellness incentives, dental, and vision
- HSA with company match
- Maternity and parental leave
- Tuition reimbursement
- Mentor program
- k) with % match
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