Hybrid ERM Market Risk Analyst II

Federal Home Loan Bank of Indianapolis (FHLBI); Indianapolis (IN); Hybrid; USD 85,000 - 100,000; Full time

Benefits offered by this job

Flexible hybrid schedule

Tuition reimbursement

Student loan repayment

Excellent benefits package

Job summary

Federal Home Loan Bank of Indianapolis is seeking an ERM Market Risk Analyst II to provide financial and analytical support for market risk decisions. The role sits in Enterprise Risk Management and focuses on measurement, monitoring, and reporting of risk across fixed income, derivatives, and regulatory contexts.

Responsibilities include model validation, reporting automation, and communicating complex risk concepts to stakeholders.

Qualifications

• Master’s degree in Mathematics, Quantitative Analysis, Statistics, Financial Engineering, or similar quantitative field.
• 1 year of experience in quantitative risk/related analysis or research.

Responsibilities

• Produce market risk analysis and reporting including balance sheet risk and valuation of instruments.
• Research quantitative techniques and data science applications for risk management.
• Maintain reporting environments, automation, and data quality for risk analytics.
• Explain risk numbers and model assumptions to management and staff across the bank.
• Participate in model development, testing, and validation activities.
• Ensure compliance with regulatory guidelines and internal policies.

Skills

Quantitative analysis

Risk management

Problem solving

Education

Master’s degree in quantitative field

Tools

Python

R

SQL

Power BI

MATLAB

SAS

Job description

Federal Home Loan Bank of Indianapolis is seeking an ERM Market Risk Analyst II to provide financial and analytical support for market risk decisions. The role sits in Enterprise Risk Management and focuses on measurement, monitoring, and reporting of risk across fixed income, derivatives, and regulatory contexts.

Responsibilities include model validation, reporting automation, and communicating complex risk concepts to stakeholders.