ERM Market Risk Analyst II

Is it a Bank? A cooperative? A leader in affordable housing? We are all those things and more!

Our core mission at FHLBank Indianapolis is to provide reliable and readily available liquidity to our member institutions to support housing finance and community development. Simply put, we're a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. We also assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.

But enough about us, let's talk about you.

Are you looking for a company that views their employees as their greatest asset?

A company that's dedicated to making a difference in the community? So much so they pay their employees to volunteer?

Do you want to join a talented workforce that prioritizes equal opportunity within an inclusive culture, and promotes learning and development, unique skills/ideas, and employee engagement?

If you've said yes to these questions, then we might be a match!

Here is what we offer:

• 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.

Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!

Purpose:

The ERM Market Risk Analyst II is responsible for providing financial and analytical information to bank management to support risk and business-related decision-making with a focus on market risk analysis. The role resides in the Enterprise Risk Management department, whose primary focus is identifying, measuring, monitoring, and reporting the level and trends of risk within the organization.

The following statements are intended to describe the general nature and level of work being performed by a person in this job. They are not intended to be an exhaustive list of all responsibilities or abilities required. The Bank reserves the right to alter or amend this description at any time.

Specific Responsibilities:

• Risk measurement, monitoring, and reporting:
  Supports the production of market risk analysis and reporting, including balance sheet risk analysis, valuation of financial instruments, stress testing, sensitivity analysis, and risk analysis related to fixed income and derivatives. Produces timely, accurate, and relevant reporting.
• Market & Portfolio Analysis:
  Researches and applies quantitative techniques and other data science applications toward the analysis of solutions to important cases for risk management purposes. Be a key resource for explaining risk numbers, new risk analytics, data issues, market information, risk modeling, testing, and implementing new models and systems, etc. Performs or assists in ad-hoc analyses in a timely manner. Uses the Poly Paths platform along with quantitative tools and techniques to measure and analyze valuations of financial instruments and risk model results to reach conclusions on changes in risk positions.
• Systems & Data Management:
  Assists in general improvement, automation, and maintenance of the mark risk reporting environment, databases, scripts, testing, and tasks. Assist in actively developing or redesigning processes to improve efficiency in processes and analytics. Responsible for maintaining ongoing reporting processes…