Location: On site at offices within company's geographic footprint.
Summary
At First Horizon, the Credit Associate is a member of the credit and underwriting team providing a high level of analytical support in identifying and mitigating risks in existing and proposed credit products. This is an opportunity for a motivated junior professional to join a high-visibility line of business to grow First Horizon’s presence in the transportation & logistics sector. The role is an attractive opportunity for a banker with 1 - 5 years of experience to join an existing tenured team working with transportation & logistics companies nationwide. Prior transportation & logistics banking experience not required.
Primary Responsibilities
- The credit associate performs an in-depth analysis on the borrower's ability to repay focusing on the company and owner's background, recent and historical financial performance, guarantor's (if applicable) financial condition, collateral performance, risk rating, risk-adjusted return on capital, and several other factors related to First Horizon's underwriting policies and guidelines.
- Works with the Portfolio Manager (PM) and Relationship Manager (RM) in completing at least 80% of the credit analysis.
- Prepares all required financial spreads, credit presentation sheets, narrative, relationship summary, and loan pricing model and prepares packages for approval on all new and existing credits.
- Interact with clients through email, phone conversations, bank group meetings, etc.
- Manages complex credit requests and analysis and supports PM and RM on ongoing portfolio management and new origination evaluations.
- Identify emerging industry trends and proactively monitor the risk in the current book of business
- Completes, passes and maintains an up-to-date status for all positional and company required compliance and regulatory courses by assigned due date(s).
QUALIFICATIONS
- Bachelor’s degree in accounting, finance, business administration or related field and typically 1-5 years of experience, or equivalent combination of education and experience with a proven record of high performance.
- Advanced user of Microsoft Office and experience with nCino and Moody’s / CreditLens is valued.
Skills and Competencies
- Strong written and verbal communication skills.
- Detail oriented with strong ability to multi-task.
- Excels in team environment and works collaboratively.
- Exceptionally organized, self-starter, problem solver, driven, smart, creative, and analytical.
- Critical thinker possessing superior analytical abilities with the ability to reach logical conclusions based on the available information.
- Flexibility and proven ability to diagnose and resolve issues.
- Intellectually curious, ability to think outside the box, assertive to support view.
About Us
First Horizon Corp. (NYSE: FHN), with $82.6 billion in assets as of September 30, 2024, 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
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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