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

Long-Term Model Risk Intern

Indianapolis

Internship

Hybrid

Intern

The Federal Home Loan Bank of Indianapolis is seeking motivated individuals for a Long-Term Model Risk Intern position. This internship offers students the opportunity to validate financial models, analyze datasets, and contribute to the development of benchmarking models while working in a collaborative team environment.

BankingFinancial ServicesInsuranceVenture Capital

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Support the validation of financial and statistical models to ensure accuracy and compliance

Contribute to the design and development of benchmarking models for performance comparison

Analyze complex datasets and create clear visualizations and reports to inform decision-making

Research emerging trends and best practices in modeling methodologies

Perform additional tasks and projects as needed to support team objectives

Qualification

Financial EngineeringStatistical ModelingPythonAnalytical SkillsMachine LearningFinancial Market ConceptsEffective CommunicationTeamworkOrganizational SkillsAttention to DetailCritical Thinking

Required

Currently enrolled in a graduate degree program in Financial Engineering/Mathematical Finance, Statistics, Mathematics, Economics, Computer Science, or similar quantitative disciplines

Effective written and oral communication skills

Ability to take instructions and work independently, as well as in a team setting

Strong organizational skills with attention to detail

Analytical skills and critical thinking

Strong mathematical/statistical/machine learning background

Proficiency in Python or a similar programming language

Understanding of financial market concepts, fixed-income analytics, mortgage valuation, stress testing, and credit risk

Benefits

Flexible hybrid workforce model: onsite three days a week and two days remote

Internship may last up to 12 months with a minimum of 20 hours per week

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

Inclusive and collaborative work environment

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)