Senior Director, Market Risk & Earnings Analysis - Hybrid

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 Senior Director, Market Risk & Earnings Analysis is responsible for directing both the market risk and income simulation/financial forecasting functions within the Enterprise Risk Management Department, which identifies, measures, monitors, and reports the level and trends of risk within the organization.  The Director provides key thought leadership and analytical rigor to deliver timely, accurate, relevant information and analysis to decision makers.  The Director is also responsible for ensuring implementation of best-practices and compliance with all regulatory and policy requirements.

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

Specific Responsibilities:

• Head the Market Risk and Financial Forecasting functions within the ERM department by providing leadership, feedback, mentoring, and oversight of staff.

• Provide key thought leader on market risk data analytics and is responsible for supervising and making continuous improvement to regular market risk and income simulation reporting and governance.

• Assist the Chief Risk Officer in the monitoring of market risk and income simulation.

• Supervise a wide range of market risk processes related to interest rates, mortgage prepayments, instrument valuation, option cost, etc. as well as other enterprise needed developments.

• Communicate regularly with and conduct presentations to the Board of Directors, Senior Management, Internal Audit, and the Federal Housing Finance Agency, as requested and is adept at explaining highly technical concepts in an intuitive manner.

• Supervise annual and regular financial forecasting and income simulation processes and works closely with Senior Management and various business units.

• Play a key role in the implementation of the enterprise wide-stress testing and provides analytical support for the Bank’s Economic Risk Estimate