Explore the Opportunities

People working together as a team at workThe Federal Home Loan Bank of Indianapolis focuses on recruiting, hiring, developing, and retaining a talented workforce by providing an environment that enables them to succeed. Diversity and inclusion are essential to building and maintaining our competitive edge—and are key to our current and future individual and business successes.

To provide bank staff with both personal and professional growth, FHLBI offers excellent training and mentoring programs. Our current qualified staff includes more than 200 people with a wide range of abilities and backgrounds.

Find your place on our team by exploring the following opportunities:

  • Administrative Services Manager

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our Administrative Services team. This individual manages and personally executes responsibilities related to facilities and administrative services for the bank at the Woodfield building and the Anderson Business Resumption Center.

    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:
    -Oversees the coordination of building space allocation and layout, communication of services, and facility expansion.
    -Coordinates quotes and secures furnishings as needed for the bank’s interior.
    -Plans budgets and schedules facility modifications, including cost estimates. Inspects construction and installation progress.
    -Develops and administers the annual budget for assigned cost centers.
    -Is the bank’s tenant liaison. Works with leasing agents and negotiates tenant leases and construction agreements.
    -Manages facilities at Woodfield IV for both the building and the Bank, to include but not limited to: repairs, maintenance, cleaning, and building security (fire and burglar). Responsible for negotiations of contracts.
    -Works with the property manager regarding building and tenant issues as well as the building’s annual budget.
    -Acts as the bank’s liaison with the Woodfield Owners Association.
    -Manages specific building equipment dedicated to the bank’s use, such as the generator and transfer switch. Oversees repairs and maintenance of this equipment.
    -Manages the bank’s Business Resumption Center, to include but not limited to: repairs, maintenance, cleaning, building security (fire and burglar), and physical upgrades.
    -Provides oversight of the computer room environment. Maintains, monitors, and supports facilities infrastructure. Responds to abnormal conditions. Identifies problems and works with vendors for resolution. Monitors system alarms and tracks demands. Performs equipment audits. Adheres to preventative maintenance requirements.
    -Provides ergonomics reviews of staff work environment when requested. Recommends and purchases specific ergonomic equipment.
    Coordinates outside professional consultation if required.
    -Directs and oversees the Mail Room operations and activities including purchasing, maintenance, invoicing, mail pick-up, delivery, postage, recycling, and other miscellaneous duties. Will be capable of providing backup support for these functions should staffing issues arise.
    -Responsible for the bank’s vending services and break area supplies. Accountable for vendor selection, processing invoices, inventory, purchasing, and other miscellaneous duties as related to vending administration.
    -Supervises the bank’s Reception Desk and related functions which includes scheduling meeting rooms, maintaining the stamp fund, scheduling staff, and other miscellaneous duties related to the management of the Reception Desk. Will be capable of providing backup support for these functions should staffing issues arise.
    -Responsible for support services staff performance reviews, scheduling, hiring, terminating, developing, and training staff in areas of accountability.
    -Will be required to perform other duties as requested, directed, or assigned.
    -Ability to work well with ever changing priorities and or situations.
    -Supervising Contract Manager (SCM) is required to monitor and assess vendor performance of each engagement in accordance with the risk tier of the vendor as detailed within the Vendor Management Procedures. The SCM will report any performance issues or concerns to the Vendor Management Office timely and accurately.
    -Additional duties as assigned.

    Position Requirements:
    -BS or BA in Administration, Management, MIS, or equivalent business experience and/or related certification training.
    -Minimum of 5-7 years’ experience managing multiple and varied departments to include the supervision and hiring of personnel.
    -Minimum of 5-7 years’ experience with facilities management, including security, maintenance, and tenant finish.
    -Must possess strong organizational skills and the ability to deal with multiple tasks simultaneously or in close succession. Requires the ability to work with a variety of people in different skill categories.
    -Requires good oral and written communication skills as well as excellent problem- solving ability.
    -Must have knowledge of accounting and budgetary principles.
    -Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.
    -Ability to work full-time, overtime, and be on 24 x 7 call.
    -Ability to uphold and model the bank’s guiding principles.

    The Federal Home Loan Bank is an Equal Opportunity Employer. 


    Apply Now
  • Manager, Data Warehouse & Reporting

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our IT team. The position’s primary focus is to provide technology leadership and management support for the design, implementation, and operational aspects of the bank’s Enterprise Reporting Strategy and Data Warehouse. Manages a team(s) of software analysts/developers engaged in the scheduling and completion of complex projects. Key contact between the business area and software development.

    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:
    -Responsible for the implementation of the bank’s Enterprise Reporting strategy.
    -Responsible for the design, implementation, and oversight of the bank’s Data Warehouse.
    -Collaborates with IT support teams to manage the daily operations of the bank’s Data Warehouse.
    -Works closely with the business community to assess and evaluate information needs and support the prioritization of initiatives.
    -Manages assigned personnel. Responsibilities include such decisions as hiring, training and development, work assignments, employee vacations, employee breaks, overtime assignment, back-up for absent employees, performance evaluations, promotions, salary increases, disciplinary actions, and terminations.
    -Provides technical leadership, analyzes projects and assigns tasks, establishes project milestones and leads the team toward completion of milestones
    -Coordinates with PMO, other IT staff, and business units to develop priorities and schedules
    -Contributes to defining departmental software standards and ensures adherence to standards including:
    Application design
    Build process
    Release process
    Monitoring and Alerting process
    Automation process
    Define, implement, and oversee the software development life cycle including:
    Backlog grooming
    Release planning
    Sprint planning
    Sprint execution

    Position Requirements:
    -BS in Computer Science, Information Systems, or related technical field is preferred.
    -Minimum 5 years’ experience with implementing Business Intelligence solutions.
    -Working knowledge of software solutions to support data visualization, data analysis & discovery, and reporting.
    -Working knowledge of the design and implementation of dimensional models.
    -Working knowledge of metadata design and implementation.
    -Working knowledge of Data Governance or Information Governance.
    -Working knowledge of Accounting general data controls.
    -Experience working with metadata concepts and structures highly desired.
    -Experience with Magnitude Software Kalido DIW is desired.
    -Business experience with financial or accounting systems highly desired.
    -Capital Markets and/or Investment Banking experience highly desired.
    -Superior organizational, team, and leadership skills.
    -Strong written and oral communication skills.
    -Ability to work full time.
    -Ability to uphold and model the bank’s guiding principles.

    The Federal Home Loan Bank is an Equal Opportunity Employer.

    Apply Now
  • Associate General Counsel

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our Legal team. The Associate General Counsel will provide guidance on SEC matters for the Bank including all SEC filings, related disclosure requirements and corporate governance. This person will also be responsible for reviewing/analyzing/drafting contracts and transaction agreements and providing legal advice to the Bank’s internal clients, including managers and senior officers, and such other duties as may be assigned.   

    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:  

    - Lead Counsel for SEC matters, including drafting and review of key filings and decision ¬≠making regarding Form 10-K, 10-Q and 8-K filings. Responsible for staying current on all SEC-related law and regulatory changes.  

    -Advises senior management and renders opinions on legal matters affecting the Bank's operations and drafts or reviews contracts of various types, including secured lending transactions, collateral safekeeping and e-commerce agreements.  

    - Reviews and assesses requirements and/or impacts of changes in laws and regulations on the Bank and assists with responses to regulatory proposals on a bank and system-wide level. 

    - Reviews and supports governance activities within the bank.  

    - Other legal projects and duties as assigned. 

    Position Requirements:  

    - JD Degree and graduate or undergraduate degree preferably in business or accounting.  

    - Admitted to practice law in a state bar, preferably in Indiana.  

    - Knowledge of SEC Reporting and commercial and corporate law required. Knowledge of Banking and Secured Transaction a plus.  

    - Minimum of six years’ corporate or equivalent legal experience. 

    - Strong verbal and written communication skills. 

    - Knowledge of federal housing programs or community/economic development. 

    - Must not have been convicted of 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. 

    The Federal Home Loan Bank is an Equal Opportunity Employer. 

    Apply Now
  • Quantitative Modeling + Research Analyst II

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our Analytics team. The Quantitative Modeling & Research Analyst II is responsible for the development and maintenance of several financial models used across the organization. The role resides in the Analytics department, which is a cross-functional-research modeling team within FHLBank that focuses on applying advanced quantitative methods to solve a wide variety of challenging problems across multiple business areas. Examples of past and current projects include the development or implementation of models related to: Probability of Default for Depositories and Credit Unions; Credit Value at Risk, Whole Loan Residential and Commercial Mortgage Valuation, Mortgage Prepayment/Default Modeling and Portfolio Funding Tools. 

    Through these responsibilities, the Analytics department works closely with several lines of business, Information Technology, Model Risk Management, and Internal Audit, among others.

    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:
    - With high degree of independence, implements, tests and operates a diverse range of models for subjects such as valuation, risk exposure and return, required collateral maintenance as well as other enterprise needed developments. Utilizes sophisticated quantitative financial modeling, statistical techniques and computational skills to test, evaluate and manage various credit and market risk models across diverse loan and security portfolios.
    - Uses quantitative tools and techniques to measure and analyze model risks and reaches conclusions on strengths and limitations of the models as well as research to support model settings and assumptions for the desired business purpose. 
    - Researches and apply quantitative techniques from fields such as statistics/econometrics, applied mathematics, and other data science applications toward the solution of important business problems from many modeling needs.
    - Performs quantitative analysis and develops complex reports. Performs qualitative and quantitative assessments of all aspects of models including theoretical aspects, model design and implementation as well as data quality and integrity utilizing techniques such as optimization, sampling testing, etc. Analyzes complex data and associated quantitative analysis. Makes recommendations based on continue research and testing of modeling suites.
    - Stays current with technical enhancements, methodologies, statistical, mathematical and analytical/computational techniques and trends related to model management and development. Researches, understand, and implement next-generation analytical capabilities to Modeling-Analytics core functions to support: model construction understanding, regulatory testing, lines of business needs and model validation requirements such as model performance tracking methodologies and resolution of model validation findings. 
    - Solves and assists within technical troubleshooting issues in coordination with IT and business lines for matters related to modeling estimations and maintenance such as: input testing, model actual workflow and interconnection with multiple bank’s data repositories, output, reporting, etc. In that regard, is capable of researching and understanding modeling needs related to data storage or intensive computing driven by model settings, assumptions or business/theoretical needs.
    - Researches and develops internal model libraries to be used independently or as complementary to support other models used across the organization.
    - Is comfortable explaining highly technical details related to model construction and settings to users and the support team across the organization on continue basis.
    - Participates in the in-house development on top of tuning/assessment of models as needed.
    - Interacts directly with model validators with regard to model settings and assumptions specifications as well as needs defined by the regulatory and internal policies framework. 
    - Writes effective documentation of model development and settings to meet standards set by the Model Risk Management Group, as well as regulatory (FHFA) modeling Advisory Bulletins.
    - Deliverables include the creation of model developmental documentation, methodological testing: presentations, written reports, model or reporting code documentation.
    - Leads the process to develop required model enhancements and coordinates any changes with production integration teams. Responsible for maintaining ongoing reporting pertaining to models in production including model change approvals, validation recommendations, MRAs, etc. 

    Position Requirements:
    - Master's degree in Mathematics, Quantitative Analysis, Statistics, Operations Research, Financial Engineering or any other quantitative field ideally with a minor in Computer Science. Or Finance/Economics Master with undergraduate in Mathematics/ Statistics/ Quantitative/Engineering ideally with Computer Science course load.
    - 2+ years of experience (could include time as a research assistant while doing graduate studies) doing quantitative research in any of the following areas: quantitative finance, applied mathematics: optimization / mathematical programming, econometrics, statistics: time series analysis, Bayesian methods, machine / deep learning.
    - 2+ years of experience in at least one of the following languages: Python, R, Scala, MATLAB, Java, C/C++/C#, SAS, Stata, SPSS, additional to VBA.
    - Ideally 2+ years of experience with Asset/Liability and valuations software/models such as Polypaths, QRM, ZMDesk, Principia, etc. Hence good understanding of fixed income principles, including mortgage-backed securities and derivatives is a significant plus. 
    - Experience with database management concepts and tools: SQL or Oracle.
    - Knowledge of Numerical Analysis is a plus.
    - Knowledge of Optimization Algorithms is a plus.
    - Advanced analytical skills necessary to develop complex financial, quantitative and market risk reports and analyses.
    - Strong ability to identify potential concerns, analyze and solve problems; ability to work effectively and independently to resolve such issues.
    - Significant amount of attention to detail and flexibility to support management and regulatory reporting.
    - Works well with others yet willing to offer a point of view that may be contrary to conventional wisdom.
    - Strong organizational skills with attention to detail.
    - Ability to multi-task and high degree of initiative and independence.
    - Verbal, written, and interpersonal skills to communicate effectively with all levels of bank personnel.
    - Must not have been convicted on any civil or criminal charge that would suggest a risk to bank security.
    - Ability to work full time. 

    The Federal Home Loan Bank is an Equal Opportunity Employer. 

    Apply Now