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Federal Home Loan Bank of Indianapolis (FHLBI) · 1 month ago

Senior Quantitative Modeling/Research Analyst

Indianapolis, IN

Full-time

Hybrid

Mid, Senior Level

$91K/yr - $107K/yr

3+ years exp

Federal Home Loan Bank of Indianapolis (FHLBI) is a bank that provides reliable liquidity to member institutions supporting housing finance and community development. The Senior Quantitative Modeling/Research Analyst is responsible for developing and maintaining financial models across the organization, working closely with various departments to ensure effective model management and compliance.

BankingFinancial ServicesInsuranceVenture Capital

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Implements, tests, and operates a diverse range of models for loan valuation, pledged collateral hair-cut, probability of default, loss estimation, etc

Utilizes modeling, statistical, and computational techniques to test, evaluate, and calibrate/tune various credit and market risk models, as well as to set data analytics complementary to model use

Establishes and maintains model documentation for theory, settings, assumptions, change control, model performance monitoring, and model use guides in coordination with the Model Risk Management Group, as well as the Regulatory Advisory Bulletins

Explains model details, theory, assumptions, and settings to Model Users and others across the organization

Supports model validation requests and resolves model validation findings or recommendations

Interacts directly with Model Validators and Regulators with regard to model settings, assumptions, implementation, etc

Leads the process to develop required model enhancements

Stays current on methodologies, statistical, mathematical, analytical, and computational techniques related to model management and development

Qualification

Quantitative AnalysisModel DevelopmentStatistical TechniquesPythonSQLCommunicationInterpersonal SkillsTime Management

Required

Graduate degree in Mathematics, Quantitative Analysis, Statistics, Operations Research, Financial Engineering, or any other quantitative field. Master or PhD

CFA or/and FRM certifications are a plus

3+ years of experience doing quantitative research, risk management, or any other quantitative related work

Model development experience strongly preferred

3+ years of experience in a commonly used programming language such Python, C/C++

Experience with Asset/Liability and valuation software models, such as Polypaths, QRM is a plus

Experience with database management concepts and tools, such as SQL is a plus

Attention to detail, ability to multi-task, and high degree of initiative and independence

Verbal, written, and interpersonal skills to communicate effectively with all levels of Bank personnel

Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security

Ability to work full-time

Ability to uphold and model the Bank's Guiding Principles

Benefits

Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!

Fantastic, competitive pay and total rewards

Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!

Tuition reimbursement assistance: To help you continue to develop personally and professionally.

Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!

Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!

Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program

“Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.

Company

Federal Home Loan Bank of Indianapolis (FHLBI)

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is one of 11 independent regional cooperative banks across the U.S.

Founded in 1932

Indianapolis, Indiana, USA

201-500 employees

https://www.fhlbi.com

H1B Sponsorship

Federal Home Loan Bank of Indianapolis (FHLBI) has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (5)

2024 (6)

2023 (9)

2022 (7)

2021 (4)

2020 (5)