Senior Model Risk Analyst - Validation & Insights

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

Benefits offered by this job

401(k) match

Tuition reimbursement

Student loan repayment assistance

Medical, dental, and vision benefits

Generous paid time off

Job summary

The Federal Home Loan Bank of Indianapolis is seeking a Senior Model Risk Analyst to assess model risk through validations and ongoing analysis. This full-time position will involve interaction with model owners to validate financial models, ensuring risk assessment and control effectiveness.

With a competitive salary range of $93,000 to $110,000, the bank offers a hybrid work model, a generous benefits package including tuition and student loan assistance, and fosters a culture of inclusivity and professional development.

Qualifications

• Advanced degree with a focus on Computational/Quantitative Finance or similar.
• At least 1 year of experience in model risk management or data science.
• Understanding of financial market concepts and fixed-income instruments.

Responsibilities

• Validate financial models assessing model performance and risks.
• Generate validation reports detailing analyses and conclusions.
• Assist in third-party model validation and participate in regulatory exams.

Skills

Quantitative Finance

Python

Machine Learning

Statistical Analysis

Communication Skills

Education

Advanced degree in a quantitative discipline

Tools

Microsoft Excel

Power BI

PolyPaths

Job description

The Federal Home Loan Bank of Indianapolis is seeking a Senior Model Risk Analyst to assess model risk through validations and ongoing analysis. This full-time position will involve interaction with model owners to validate financial models, ensuring risk assessment and control effectiveness.

With a competitive salary range of $93,000 to $110,000, the bank offers a hybrid work model, a generous benefits package including tuition and student loan assistance, and fosters a culture of inclusivity and professional development.