Jr-Sr. Model Risk Analyst

Insight Global is looking for a Sr. Model Risk Analyst to support one of our largest financial services clients in Indianapolis. This person will be a contributor in the ERM (Enterprise Model Risk) department. They will be contributing to the production, validation and use of financial models within the organization. This person will perform model validations for various types of financial models, including credit risk, interest rate derivative valuation, mortgage prepayment/default, and asset-liability management models. This will include performing quantitative analyses and tests, assessing model theory, backtesting, benchmarking, stress testing, scenario analysis, and assessing the effectiveness and sufficiency of model controls and documentation. This person should have a strong mathematics/statistics background and should be very comfortable working with fixed income, mortgages and should have a strong understanding of financial markets. This person will be helping validate current financial models using alternative data, doing model logic, working with code, working with macroeconomic data and business owner data, and producing technical documentation over reports/models they have analyzed. The incumbent will interact with model owners and model users across the Bank to understand current model performance, development activities, and emerging risks. This person will also assist in other model risk management activities, such as maintaining the Bank’s model inventory, tracking outstanding model validation findings, and generating periodic model risk-related reports for relevant committees and stakeholders.

We are a company committed to creating diverse and inclusive environments where people can bring their full, authentic selves to work every day. We are an equal opportunity/affirmative action employer that believes everyone matters. Qualified candidates will receive consideration for employment regardless of their race, color, ethnicity, religion, sex (including pregnancy), sexual orientation, gender identity and expression, marital status, national origin, ancestry, genetic factors, age, disability, protected veteran status, military or uniformed service member status, or any other status or characteristic protected by applicable laws, regulations, and ordinances. If you need assistance and/or a reasonable accommodation due to a disability during the application or recruiting process, please send a request to HR@insightglobal.com.To learn more about how we collect, keep, and process your private information, please review Insight Global's Workforce Privacy Policy: https://insightglobal.com/workforce-privacy-policy/.

- Bachelors or Master in Math Finance, Computational finance, Quantitative finance or another related field
- 0-5 years of experience within a relevant work environment such as model risk management, predictive modeling, financial modeling, optimization, or data science

- Experience scripting with python, R, Julia, or Matlab
- Experience working with SQL

Benefit packages for this role will start on the 31st day of employment and include medical, dental, and vision insurance, as well as HSA, FSA, and DCFSA account options, and 401k retirement account access with employer matching. Employees in this role are also entitled to paid sick leave and/or other paid time off as provided by applicable law.