Senior Model Validation and Assurance Analyst

Senior Model Validation and Assurance Analyst

Join to apply for the Senior Model Validation and Assurance Analyst role at Federal Home Loan Bank of Topeka

• Lead validations of quantitative models in market risk and ALM
• Manage and oversee third‑party validation work
• Design and assess frameworks for monitoring model performance
• Evaluate proposed model changes for significance and impact
• Review and validate end‑user applications (e.g., Excel, Python)
• Perform benchmarking, back‑testing, and stress testing
• Develop challenger models and assurance tools
• Document procedures, support audit readiness, and report to committees
• Contribute to FHLBank’s overall model risk management program

• 3–5 years of experience in financial modeling, risk analytics, or model validation
• Advanced degree (Master’s or Ph.D.) in finance, mathematics, computer science, economics, or related field
• Strong knowledge of financial models (e.g., interest rate swaps, mortgage loans, credit ratings)
• Understanding of market and credit risk concepts (duration, convexity, Value‑at‑Risk)
• Proficiency in Python, R, SQL, VBA, or MATLAB; ability to analyze complex spreadsheets and database
• Excellent communication skills and ability to work independently and collaboratively
• Proficiency with MS Office (Word, Excel, Access)

• Hands‑on experience with ALM systems (Poly Paths, QRM, Principia) and balance sheet modeling
• Experience with machine learning libraries, statistical packages, and generative AI
• Coursework or research in quantitative risk management, computational finance, time‑series modeling, econometrics, or machine learning
• Ph.D. strongly preferred

• Bankwide incentive compensation program
• 401(k) retirement plan with competitive company match
• Multiple health insurance offerings, including free telemedicine benefits
• Paid Time Off:
  Vacation, sick, personal, volunteer and bereavement
• Short‑term and long‑term disability coverage
• Coverage for 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

Associate

Full-time

Finance, Quality Assurance, and Other