Senior Model Risk Analyst

The Federal Home Loan Bank of Indianapolis (FHLBI) is hiring a Senior Model Risk Analyst. FHLBI's core mission is to provide reliable, readily available liquidity to member institutions to support housing finance and community development, serving as a bank for banks, credit unions, CDFIs, and insurers across Indiana and Michigan.

The Senior Model Risk Analyst supports the bank's model risk management and validation functions, performing independent validation and ongoing monitoring of the institution's models used for areas such as financial, market, credit, and liquidity risk. The role helps ensure models are conceptually sound, well-documented, and compliant with regulatory expectations and the bank's model governance framework.

Qualifications

• Degree in a quantitative discipline (statistics, mathematics, finance, economics, or related)
• Experience in model risk management, model validation, or quantitative analysis
• Knowledge of financial, market, credit, and/or liquidity risk models
• Proficiency with statistical/quantitative programming tools
• Strong documentation and communication skills, with understanding of model governance and regulatory expectations