First Horizon Bank · 1 week ago
Risk Rating Manager
Memphis, TN
Full-time
Onsite
Senior Level, Lead/Staff
10+ years expFirst Horizon Bank is a leading regional financial services company dedicated to helping clients unlock their full potential. The Risk Rating Manager is responsible for managing and maintaining the bank's Commercial Risk Rating framework, overseeing scorecard models, and collaborating with various stakeholders across the organization.
BankingFinanceFinancial ServicesRisk Management
Responsibilities
Oversee the lifecycle of commercial rating models from design and development to system implementation and governance
Manage risk grading guidance in conjunction with policy, system constraints, and scorecard design
Fulfill current and evolving governance requirements with respect to risk ratings, including reporting on operational and statistical performance
Provide input into credit policy as it relates to risk ratings and grading
Manage controls associated with risk grading and communicate with appropriate groups on issues and resolution
Communicate with several constituents across the bank in each line of defense as well as auditors and regulators about risk rating policy and practice
Manage the inventory of scorecard models, including in-use, in-development, and in-pipeline scorecards
Monitor and manage scorecard usage, including periodic revisions to existing scorecards, adapting to new products or structures, etc
Monitor scorecard performance from an accuracy and operational perspective. Track and report on scorecard usage, override rates, system integrity, past due scorecards, etc
Be the primary point of contact for oversight groups—regulators, Credit, Credit Assurance, Model Risk Management, and auditors
Effectively challenge first line requests for changes to scorecard models, guidance, or policy
Lead initiatives for development of or revisions to scorecard models
Work with LOB and Credit to define requirements and potential attributes for consideration
Lead the project team for new scorecard development or major recalibrations
Work with Credit Modeling Team on development, monitoring, testing, and implementation
Work with Enterprise Technology on system implementation
Design and lead user acceptance testing to ensure a correct implementation
Guide changes through governance and business unit acceptance
Respond to frequent enquiries from constituents—LOB, Credit, Credit Assurance, Internal Audit, etc.—on interpretation of scorecard guidance, rating particular deals, and other questions regarding scorecards
Collaborate with Credit Policy and Credit Risk on revisions, updates, or modifications to policies that affect risk grading
Collaborate with downstream users of ratings, such as in pricing, CECL, CCAR, and portfolio management
Advise the executive management on strategic initiatives, emerging risks or opportunities, and industry best practices in the space of Commercial risk ratings
Qualification
Required
10 years of Commercial/Wholesale Credit rating experience, including Commercial and Industrial lending, Commercial Real Estate, Small Business, and specialty lines of business
Demonstrable experience working with credit rating models and understanding their use, performance metrics, technology requirements, and governance
Strong analytical and critical thinking skills with high attention to detail and accuracy
Excellent verbal, written, and interpersonal communication skills
Proficiency with Microsoft Office
Familiarity with common 3rd party rating platforms such as Moody's CreditLens, Commercial front office systems such as nCino, and core systems such as ACBS
Preferred
15 or more years of Commercial/Wholesale credit rating experience with at least 5 years of owning or leading a risk rating practice
Benefits
Medical with wellness incentives, dental, and vision
HSA with company match
Maternity and parental leave
Tuition reimbursement
Mentor program
401(k) with 6% match
Company
First Horizon Bank
First Horizon Bank provides personal, business, and corporate banking, and private client services, to families and businesses.
5001-10000 employees
H1B Sponsorship
First Horizon Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (36)
2024 (31)
2023 (15)
2022 (17)
2021 (19)
2020 (16)
Funding
Current Stage
Late StageLeadership Team
Hope Dmuchowski
Chief Financial Officer
Anthony J. Restel
Chief Banking Officer
Recent News
New Orleans CityBusiness
2025-12-19
2025-12-16
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