First Horizon Bank Credit Data Analyst Role and Responsibilities

As a Credit Data Analyst at First Horizon Bank, you'll be responsible for analyzing and interpreting complex financial data to inform business decisions.

Your primary focus will be on credit risk management, ensuring the bank's lending practices are sound and aligned with regulatory requirements.

You'll work closely with the bank's credit team to identify trends, assess creditworthiness, and develop strategies to mitigate potential risks.

The Credit Data Analyst role requires strong analytical and problem-solving skills, as well as excellent communication and presentation skills.

As a First Horizon Bank Credit Data Analyst, you'll be responsible for analyzing data to identify trends and insights that inform credit decisions.

Your primary focus will be on credit risk management, ensuring the bank's lending practices are sound and compliant with regulations.

You'll work closely with the credit team to develop and maintain credit policies, guidelines, and procedures.

As a professional, you'll be expected to take on various responsibilities to ensure the success of your organization.

Your primary responsibility will be to oversee daily operations, which includes managing staff, allocating resources, and making key decisions.

You'll also be responsible for maintaining accurate records and reports, which will help inform your decision-making and ensure the organization's compliance with regulations.

This role requires strong communication and interpersonal skills to effectively collaborate with colleagues, vendors, and clients.

You'll need to be proactive in identifying and addressing potential issues before they become major problems.

In addition to managing daily operations, you'll also be responsible for implementing new policies and procedures to improve efficiency and productivity.

Your ability to analyze data and make informed decisions will be crucial to driving business growth and success.

You'll need to be adaptable and flexible, as priorities and circumstances can change quickly in a fast-paced work environment.

To be considered for this role, you'll need to meet the following requirements.

You must have a high school diploma or equivalent, and a minimum of 2 years of experience in a related field, such as customer service or sales.

The ability to work a flexible schedule, including evenings and weekends, is also a must.

You should be able to lift up to 25 pounds and stand for long periods of time, as you'll be working in a fast-paced retail environment.

Strong communication and problem-solving skills are essential for success in this role.

You'll also need to have a valid driver's license and a clean driving record, as you may be required to drive a company vehicle.

To be a successful First Horizon Bank Credit Data Analyst, you'll need to possess a set of key skills.

Analytical skills are crucial for this role, as you'll be working with large datasets to identify trends and patterns.

Strong communication skills are also essential, as you'll need to present your findings to stakeholders and team members.

Proficiency in statistical software, such as SAS and Excel, is also required, as you'll be using these tools to analyze data and create reports.

Analytical skills are essential for making informed decisions and solving complex problems. They involve breaking down information into smaller parts, identifying patterns and relationships, and drawing logical conclusions.

Good analytical skills require attention to detail, as seen in the example of data analysis where small errors can have significant effects. A clear and organized thought process is also crucial for effective analysis.

Analytical skills can be developed through practice and experience, such as in the case of problem-solving where trial and error can help refine one's analytical approach. This involves being open to learning from mistakes and adjusting one's approach accordingly.

In addition to practice, analytical skills can also be improved through education and training, such as in the example of learning new programming languages where structured learning can help develop a systematic approach to analysis.

Effective communication is key to any successful relationship or professional interaction. It's essential to be clear and concise in your message.

Active listening is a crucial aspect of communication, as it helps to avoid misunderstandings and build trust with others. By focusing on the speaker and asking clarifying questions, you can ensure that you understand the message correctly.

Nonverbal cues like body language and tone of voice can convey just as much information as spoken words. Paying attention to these nonverbal signals can help you pick up on subtle hints and nuances in the conversation.

Clear and concise language is essential for effective communication. Avoid using jargon or overly complex terms that might confuse the listener.

Empathy and understanding are vital components of communication, as they help to build rapport and create a sense of connection with others. By putting yourself in the other person's shoes, you can better understand their perspective and respond in a more thoughtful and compassionate way.

Feedback is a crucial part of the communication process, as it helps to clarify understanding and identify areas for improvement. Be open to receiving and giving feedback in a constructive and respectful manner.

As a Credit Data Analyst at First Horizon Bank, you'll be working in a fast-paced environment with a focus on delivering high-quality results.

The bank's headquarters is located in Memphis, Tennessee, with a diverse team of employees from various backgrounds.

You'll have the opportunity to work closely with colleagues in the credit risk management team to identify trends and patterns in credit data.

Company Culture is a crucial aspect of a positive work environment. A company with a strong culture is more likely to attract and retain top talent.

Research suggests that employees who feel a sense of belonging in their workplace are more productive and have better job satisfaction. This is evident in companies that prioritize diversity, equity, and inclusion.

A company's culture can be shaped by its leadership. For instance, a CEO who is approachable and transparent sets the tone for a more open and collaborative work environment.

Team Dynamics is crucial for a productive work environment. Strong team dynamics can lead to increased collaboration, improved communication, and better decision-making.

Effective communication is key to good team dynamics, and a study found that teams that communicate openly and honestly are 50% more likely to achieve their goals.

Clear roles and responsibilities can help prevent confusion and overlapping work, which can lead to frustration and burnout. This is especially important in teams with multiple leaders.

Trust is essential in building strong team dynamics, and teams that trust each other are more likely to take risks and innovate. In fact, a survey found that 80% of employees who trust their leaders are more engaged at work.

As a credit data analyst at First Horizon Bank, you can expect a competitive salary and comprehensive benefits package. The average salary for this role is around $63,000 per year, according to various sources.

With First Horizon Bank's commitment to employee well-being, you'll also receive a range of benefits, including medical, dental, and vision insurance, as well as a 401(k) plan with a generous company match.

A compensation package is essentially a bundle of benefits and perks that come with a job, and it can make a big difference in your overall take-home pay.

The average salary for a software engineer in the US is around $124,000 per year, according to our research.

Health insurance is a crucial component of a compensation package, and it can cost anywhere from $5,000 to $15,000 per year for a single person.

In addition to health insurance, many employers offer retirement plans, such as 401(k) or pension plans, which can help you save for the future.

Some companies also offer stock options or equity, which can be a great way to build wealth over time.

Flexible work arrangements, such as telecommuting or flexible hours, can also be a valuable perk.

Paid time off, including vacation days and holidays, can add up to several weeks of extra time off per year.

The quality of these benefits can vary widely depending on the company and the industry.

Employee perks can make a big difference in job satisfaction and productivity. Many companies offer flexible work arrangements, such as telecommuting or flexible hours, to help employees balance work and personal life.

Some companies also provide on-site amenities, like fitness centers, cafeterias, or game rooms, to encourage socializing and well-being.

Free or discounted meals and snacks are a common perk, with some companies offering meal delivery or on-site restaurants.

As a Credit Data Analyst at First Horizon Bank, career growth is a top priority. You'll start as a Credit Analyst, reviewing credit applications and making recommendations to approve or decline loans.

You'll have opportunities to move into leadership roles, such as Senior Credit Analyst or Credit Manager, where you'll oversee a team and make strategic decisions.

One of the best things about working at First Horizon Bank is the emphasis on professional development. You'll have access to training programs, mentorship, and networking opportunities to help you advance in your career.

Professional development is key to career growth, and it's essential to prioritize it in your daily life.

Taking online courses or attending workshops can help you develop new skills and stay up-to-date with industry trends. This can be especially beneficial for those in fields that require continuous learning, such as technology or healthcare.

According to research, employees who participate in professional development opportunities are more likely to receive promotions and salary increases. In fact, a study found that 75% of employees reported feeling more confident in their abilities after participating in training or development programs.

Networking is also a crucial aspect of professional development. Building relationships with colleagues, mentors, and industry leaders can help you stay informed about new opportunities and best practices.

Having a mentor can also provide valuable guidance and support, helping you navigate your career and make informed decisions. In fact, 80% of employees who have a mentor report feeling more satisfied with their jobs.

Continuously seeking feedback and constructive criticism is also essential for growth. By embracing feedback, you can identify areas for improvement and develop strategies to overcome challenges.

Taking on new challenges is a great way to demonstrate your capabilities and show your employer that you're ready for more responsibility. Research shows that 70% of employees who take on new challenges are more likely to be considered for promotions.

As you work on your skills and experience, look for opportunities to take on additional responsibilities within your current role. This could mean leading a project, mentoring a colleague, or taking on a special assignment.

According to a study, employees who take on leadership roles are 30% more likely to be promoted than those who don't. By stepping up and showing your leadership skills, you'll be well on your way to advancing your career.

Networking is also a key part of career growth and can lead to new opportunities. Attend industry events, join professional organizations, and connect with people in your field on social media.

In fact, 80% of jobs are filled through networking, so it's essential to build relationships and make connections in your industry. By doing so, you'll increase your chances of getting noticed by potential employers.