Apply on Employer Site

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

Model Risk Intern

Indianapolis

Internship

Hybrid

Intern

The Federal Home Loan Bank of Indianapolis (FHLBank) is offering a Summer Model Risk Internship for motivated students. Interns will support model validation, analyze datasets, and contribute to projects while gaining exposure to the finance and banking industry.

BankingFinancial ServicesInsuranceVenture Capital

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

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

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

Apply strong problem-solving and communication skills to collaborate across teams and present analytical results effectively

Contribute to meaningful projects that align with your field of study

Gain exposure to the finance and banking industry

Qualification

Financial EngineeringStatistical AnalysisPythonPower BIMachine LearningCommunication SkillsProblem SolvingTeam Collaboration

Required

Have completed at least their sophomore year of undergraduate studies

Are majoring in Financial Engineering/Mathematical Finance, Statistics, Mathematics, Economics, Computer Science, or similar quantitative disciplines

Communicate effectively, both in writing and verbally

Work well independently and in team settings

Are detail-oriented, organized, and eager to solve problems

Strong mathematical/statistical/machine learning background

Proficiency in Python or a similar programming language

Familiar with Power BI and either Markdown or HTML

Understanding of finance and financial models

Benefits

10-week paid internship

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

“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)