Senior Model Risk Analyst | Validate, Benchmark & Report

Federal Home Loan Bank of Indianapolis (FHLBI); Indianapolis (IN); Hybrid; USD 93,000 - 110,000; Full time

Benefits offered by this job

Flexible hybrid workforce model

401(k) match up to 6%

Tuition reimbursement

Student loan repayment assistance

Medical, dental, vision benefits

Generous time off

Job summary

A regional financial institution is seeking a Senior Model Risk Analyst in Indianapolis to assess model risk through validations and reviews while engaging with various stakeholders. The role demands an advanced degree, knowledge of financial markets, and proficiency in programming, particularly Python. The institution offers a competitive salary range of $93,000 - $110,000 and a flexible hybrid work environment, emphasizing community involvement and employee development.

Qualifications

• At least one year of experience in model risk management or predictive modeling.
• Understanding of financial market concepts and fixed-income instruments.
• Proficiency in programming languages like Python, R, Julia, or MATLAB.

Responsibilities

• Assess model risk through validations and risk reviews.
• Generate validation reports detailing analysis and findings.
• Participate in model development and benchmarking activities.

Skills

Project Management

Dependability

Productivity

Accountability and Drive for Results

Collaboration and Communication

Education

Advanced degree in Computational/Quantitative Finance, Statistics, Mathematics, Computer Science, or Economics

Tools

Python

R

MATLAB

Power BI

Job description

A regional financial institution is seeking a Senior Model Risk Analyst in Indianapolis to assess model risk through validations and reviews while engaging with various stakeholders. The role demands an advanced degree, knowledge of financial markets, and proficiency in programming, particularly Python. The institution offers a competitive salary range of $93,000 - $110,000 and a flexible hybrid work environment, emphasizing community involvement and employee development.