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Federal Home Loan Bank of Topeka · 4 weeks ago

Senior Model Validation and Assurance Analyst

Topeka, Kansas

Full-time

Hybrid

Mid, Senior Level

3+ years exp

Federal Home Loan Bank of Topeka is dedicated to model risk management, and they are seeking a Senior Model Validation and Assurance Analyst to lead validations of complex quantitative financial models. The role involves managing third-party validations, evaluating model performance, and communicating findings to stakeholders.

BankingCrowdfundingFinancial Services

H1B Sponsor Likely

Responsibilities

Independently leading or driving end-to-end validations of complex quantitative financial models across market risk and asset-liability management (ALM) domains

Managing and overseeing model validations performed by third-party consultants

Designing and evaluating framework and/or methods for monitoring the performance of quantitative financial models and thresholds established to identify when models perform outside of expectations

Evaluating the significance of proposed model changes (both quantitatively and qualitatively)

Reviewing the underlying theory, calculations, formulas, logic, structure and/or source of input data of complex end user applications (EUA), such as Microsoft Excel spreadsheets, Python code and other scripting languages, to ensure EUAs are properly designed and operate as intended

Communicating model validation findings to model stake holders including model owners, users and Model Risk Management Committee (MRMC)

Qualification

Financial modelingModel validationPythonRisk analyticsMachine learningSQLMS OfficeVBAMATLABRCommunication skills

Required

Three to five years of similar or related experience in financial modeling, risk analytics and/or model validation

Proficiency in Python, R, SQL and experience with machine learning libraries and statistical packages

Advanced degree (Master's or Ph.D.) in finance, mathematics, computer science, economics or other related discipline

Intermediate to advanced knowledge of financial models and their constructs (such as the mathematical theory, business assumptions and implementation techniques, etc.) used for modeling of interest rates swaps, mortgage loans and/or deriving credit ratings or collateral haircuts

Knowledge of quantitative risk management for financial industry (e.g., market risk and credit risk)

Ability to understand and/or analyze information from databases and complex spreadsheets including embedded formulas/calculations/automation

Knowledge or experience of a programming language such as VBA, SQL, MATLAB, Python, R, etc

Demonstrated written and oral communication skills

Ability to work with a variety of business partners and external parties to achieve departmental and corporate goals

Inquiring mindset with the ability to think logically

Experience using MS Office including Word, Access, Excel, etc

Must be able to work independently

Preferred

Hands-on experience with ALM systems (e.g., PolyPaths, QRM, Principia etc.) and balance sheet modeling

Completed course work in quantitative risk management, computational finance, time-series modeling, statistics, econometrics, logistic regression and/or machine learning

Ph.D. Degree is preferred

Understanding and/or exposure to duration, convexity, Value-at-Risk (VaR) for risk measurement would be beneficial

Experience with generative Artificial Intelligence

Benefits

Bankwide incentive compensation program

401K retirement plan with competitive company match

Multiple health insurance offerings, including free telemedicine benefits

Paid Time Off: Vacation, sick, personal, volunteer and bereavement leave

Short-term and long-term disability coverage

Voluntary life insurance

Incentive-based wellness program

Paid maternity and parent bonding leave

Tuition reimbursement and student loan assistance

Onsite fitness center with shower facilities and onsite yoga classes

Summer hours

Onsite café

Company

Federal Home Loan Bank of Topeka

Federal Home Loan Bank of Topeka is a financial services company in Colorado, Kansas, Nebraska, and Oklahoma.

Founded in 1932

Topeka, Kansas, USA

201-500 employees

http://fhlbtopeka.com

H1B Sponsorship

Federal Home Loan Bank of Topeka 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

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Trends of Total Sponsorships

2025 (6)

2024 (5)

2023 (6)

2022 (5)

2021 (3)

2020 (2)