Operational Risk Analyst

Federal Home Loan Bank of Indianapolis (FHLBI) is a cooperative that provides reliable liquidity to member institutions to support housing finance and community development. The Operational Risk Analyst will support the Operational Risk Management Group in identifying, assessing, measuring, monitoring, and reporting operational risks across the organization, while also interacting with process owners to improve risk and control environments.

Responsibilities

• Provides support to the Director, Enterprise Risk with implementing aspects of the operational risk management framework
• Monitors and follows up on the operational risk events submitted by management to ensure corrective actions occurred. Including a root cause analysis on identified operational risk events
• Prepares and analyzes data and trends of operational risk events and metrics to identify anomalies or trending concerns
• Provides monthly reporting to key stakeholders on the status of operational risk events
• Maintains the Bank’s end user computing inventory utilized by the current tool and performs periodic testing, review and program updates for the end user developed program
• Completes the quarterly calculation and reporting of the operational risk estimate calculation and provides evidence to the appropriate departments and assists with maintenance and reporting of documentation on an ongoing basis
• Prepares various operational risk reports for the Bank’s Risk Committee, the Board Risk Oversight Committee, and other key stakeholders
• Perform regular reviews of Operational Risk Management Group procedures to ensure procedures are updated and reflect current practices
• Other risk management projects and duties, as assigned

Skills

• Bachelor's degree, along with 1-2 years' of operational risk, compliance, or audit experience, in a financial services environment
• Detail-oriented and ability to assume complex assignments
• High degree of initiative, strong analytical skills, excellent oral and written communication skills, and the ability to interact effectively with management
• Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations
• Ability to manage a variety of projects simultaneously
• Must not have been convicted on any civil or criminal charge that would suggest a risk to Bank security
• Ability to work full-time
• Ability to uphold and model the Bank's Guiding Principles
• Proficient in Microsoft Office applications (i.e. Access and Excel)

Benefits

• 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.

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