Model Validation and Assurance Analyst I

This position may be filled at a level I, II or III depending on the qualifications of the selected candidate. Responsibilities and impact scale with each level, progressing from executing tasks under guidance to leading and mentoring others.

The Model Validation and Assurance Analyst is responsible for executing detailed model validation activities and supporting the broader Model Risk Management function. This role performs handson testing, data analysis, and documentation to help ensure the FHLBank's models and End User Applications operate as intended and comply with policy and regulation.

• Complete validation tasks, analyses, and documentation.

• Execute detailed model validation tests.

• Develop analytical tools and enhance automation.

• Support and strengthen model governance activities.

• Collaborate and support team members and stakeholders on department initiatives.

• Bachelor's degree required for level I, master's degree required for level II and III. Ph.D. strongly preferred for level III.

• Coursework in quantitative risk management, statistics, econometrics, time series modeling, or machine learning.

• Foundational knowledge of financial models and modeling techniques including interest rate models, mortgage analytics, credit risk models; advanced knowledge for level II; expert knowledge for level III.

• Basic understanding of quantitative risk concepts such as duration, convexity, or ValueatRisk, deep understanding for level II or III.

• Ability to analyze information from databases and complex spreadsheets.

• Exposure to programming languages such as Python, R, SQL, VBA, MATLAB. advanced knowledge for level II or III. Fundamental knowledge and competent skills in Machine Learning (ML) and Artificial Intelligence (AI).

• Strong written and oral communication skills.

• Ability to work effectively with business partners and external parties, as well as independently.

• Inquiring mindset with strong logical reasoning.

• Proficiency in MS Office (Excel, Word, Access).

• Level I: Demonstrate strong attention to detail, eagerness to learn, and the ability to apply quantitative techniques to real world model risk challenges.

• Level II: Demonstrate strong technical proficiency, sound judgment, and the ability to communicate complex findings clearly to model owners, risk partners, and senior stakeholders. This role represents a critical bridge between hands on validation work and strategic model risk oversight.

• Level III: Ability to engage with senior leadership, model owners, external validators, internal audits, regulators as needed and FHLBank System working groups. The role includes mentoring junior staff, reviewing analytical work, and driving departmental initiatives that enhance model risk oversight and analytical capabilities across the organization.

FHLBank Topeka strives to be an employer of choice by offering industry leading benefits such as generous vacation and volunteer hours. Below are a few more of our benefits.

• Bankwide incentive compensation program

• 401K retirement plan with competitive company match

• Multiple health insurance offerings, including free telemedicine benefits

• Paid Time Off: Vacation, sick, personal, volunteer and bereavement leave

• Short-term and long-term disability coverage

• 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 cafe

How we work

At FHLBank Topeka, employees are business partners. We believe we are successful when we partner with one another and understand that our differences only make us stronger.

• Flexible Remote Workday | Business partners may work remote one day per week.

• Access to Leadership | The executives of FHLBank Topeka welcome communication with business partners. Stop by and say "Hi." Send an email and expect a response. Or schedule a meeting to share your perspective.

• Peer-to-Peer Recognition | Our recognition programs celebrate business partners practicing FHLBank Topeka values and those working above and beyond.

• ProfessionalWins | FHLBank Topeka offers business partners kudos for continuing education through tuition reimbursement and certification rewards.

ZR

FHLBank Topeka is an equal employment opportunity employer. We recruit, employ, train, compensate and promote without regard to race, color, creed, religion, sex, age, sexual orientation, national origin, ancestry, pregnancy, parental status, citizenship status, disability, genetic information, military status, gender identity and expression or marital status.

Should you need an accommodation during the application or interview process, please contact us at recruiter@fhlbtopeka.com.