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Senior Model Risk Analyst

Federal Home Loan Bank of Indianapolis

Role at a glance

Category
Risk
Work arrangement
Hybrid
Location
Indianapolis, IN
Posted
Jun 13, 2026
Apply for this roleApplications go directly to Federal Home Loan Bank of Indianapolis
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Federal Home Loan Bank of Indianapolis is hiring a Senior Model Risk Analyst in Indianapolis, IN. This is a Risk role in the governance, risk, and compliance field. Review the full details below and apply directly with Federal Home Loan Bank of Indianapolis.

The Federal Home Loan Bank of Indianapolis (FHLBI) is hiring a Senior Model Risk Analyst. FHLBI's core mission is to provide reliable, readily available liquidity to member institutions to support housing finance and community development, serving as a bank for banks, credit unions, CDFIs, and insurers across Indiana and Michigan. The Senior Model Risk Analyst supports the bank's model risk management and validation functions, performing independent validation and ongoing monitoring of the institution's models used for areas such as financial, market, credit, and liquidity risk. The role helps ensure models are conceptually sound, well-documented, and compliant with regulatory expectations and the bank's model governance

Full responsibilities and requirements are on Federal Home Loan Bank of Indianapolis's application page.

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About Federal Home Loan Bank of Indianapolis
Hiring for governance, risk, and compliance roles on GRC Careers.
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Location and market context

This role is based in Indianapolis, IN on a hybrid schedule. Local candidates benefit from being close to Federal Home Loan Bank of Indianapolis's teams and regional hiring market, while the hybrid arrangement offers some flexibility. Confirm the exact in-office expectation and any relocation support with the employer.

About risk management roles

Risk roles own the methodology for identifying, assessing, and escalating enterprise, operational, and technology risk. Second-line teams set risk appetite and challenge the first line. Roles like this one are typically evaluated against frameworks such as enterprise and operational risk frameworks, NIST AI RMF, and risk-appetite and escalation practices.

How to position yourself for this risk management role

Strong candidates emphasize risk assessment methodology, appetite and escalation, cross-functional partnership, and clear reporting to senior leadership and the board. In your resume and outreach, tie your experience to how Federal Home Loan Bank of Indianapolis would apply enterprise and operational risk frameworks, NIST AI RMF, and risk-appetite and escalation practices, and lead with concrete outcomes rather than duties.

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