Operational Risk Analyst Vacancy In Federal Home Loan Bank Of Indianapolis

Hiring Organization / Company: Federal Home Loan Bank Of Indianapolis
Basic Salary: To Be Discussed
Employement Type: Full-Time

Job Details:

Purpose :

The Operational Risk Analyst is responsible for supporting the Operational Risk Management Group to ensure the Bank’s operational risk management program within the Bank adequately identifies, assesses, measures, monitors, and reports operational risks enterprise wide. The Analyst will interact with process owners across the Bank to understand business processes and the risk and control environment and identify process improvements. The Analyst will assist in the preparation, analysis, and reporting of information to management and the Bank’s Board of Directors .

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 :

  • Provides support to the Operational Risk Manager 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.
  • Collaborates with key stakeholders in the identification of risks through risk assessments and measuring the risks utilizing the risk rating methodology.
  • Assists in monitoring the implementation of action plans identified from management self-reported issues and risk assessments and p erform a quality assurance review of evidence to support issue management regarding closure or completion of remediation plans.
  • 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, provides evidence to the appropriate departments and assists with maintenance and reporting of the 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.

Position Requirements :

  • Bachelor’s degree, master degree a plus, along with a minimum of 5 years of operational risk, compliance, or audit experience, in a financial services environment. Certifications related to operational risk or process management is a plus.
  • Detail-oriented and ability to assume complex assignments.
  • Knowledge of various of scripting languages (i.e. Python) is preferred.
  • 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 handle 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.

FHLBank is an Equal Opportunity Employer.

Job Location Information:
City: Indianapolis
State: In
Country: Us
Location: Indianapolis, In

Date Posted: 2021-07-22
Job Listing No# : 148354

Share this job on:

Top 10 Tips When Finding a Job

If that you are not kidding approximately on the lookout for Jobs, you’re going to agree that it is one of the hardest jobs at the moment. Usually, you’re going to haven’t any clue the place or what to look for within the job market. The good factor is that you’re not alone. There are a couple of people out there who are jobless such as you. Discovering a job even in a industrial center may also be easy if you know the place to start out. Before you begin your job looking procedure, listed here are tips that can assist you find your dream job.

1. Job Facilities

Job corporations are a fantastic and regularly lost sight of hots pot for locating Jobs. Job firms frequently provide vital coaching, assets, and methods for job seekers. These companies can also be particularly helpful for younger job seekers or those with little operating revel in. A easy Web experiment for job firms in your areaought to uncover where and the way to get to them.

2. Temporal agencies

Many firms choose to have their positions dispatched by means of temporal companies. The top goal for that may be to save cash on consultant advantages like healthcare. Temporally businesses likewise supply corporations the way in which of screening candidates. Employment services can regularly be a sooner and no more daunting job than finding direct employment. An employment company may likewise change into into a long-lasting job for the individuals who carry out neatly throughout their operating.

3. Free job look services

This can be a waste of money when money is now tight in the first place. Of course, the money you pay for job finding web sites is imposed deductible in case you are on a job. It is smarter to use the money to pay for expenses.

4. Look at the nearby school

When finding a job, never forget your school. Some schools additionally have coordinate contract positions, so check with them can be useful in finding a new career. If you talk with your teachers, they will be on the lookout for positions that match your training and experience. Some schools may need you to go to their offices for an informal interview. Here you can step through an examination on their PC. You’ll talk with a recruiter to examine exactly what you want.

5. Newspapers

Newspapers are often an overlooked apparatus for finding Jobs. Smaller businesses still use newspapers as their method when looking for Job applicants. Most newspapers will have their job listings online too. Some may ask the companies to have the listings online. There could be listings in the paper that don’t appear online.

6. Foot hunts

If that you are tired by ineffective attempts at finding a job using one of the above methods, getting out and looking for employers will yield better results. Showing up in person often demonstrates determination and initiative that most employers will find alluring in a potential representative.

7. Online Forums

Joining online forums is another good way of finding your new job. Here you will get companies that are ready to hire you and work with you. Make sure that you join as many online job finding as possible. Ensure that you describe your profile well so that your employers can know who you are.

8. Look at corporate websites

Most corporate websites are good places that can give a job. Look for websites and companies which you would love work with. On the careers page find out if there an open vacancy which matches your expertise. You can also send an email to the HR and ask for consideration.

9. Ask friends

Friends are the best at finding jobs. Before you go out, call all your friends and ask if they have any job connections that match your skills. In most cases, the job search connection will be wide and at last, you will land on one vacancy.

10. Make application regularly

Never be tired of applying. Make sure that you keep on applying for the new jobs that are posted every day. Avoid mentioning that you have done ten applications so far.


When finding a Job, don’t waste time on applications that are complicated for a job you don’t know if you want. Don’t open positions that are not exactly what you want. Tap on them thinking that it may be an approach to get your foot in the entryway.