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:

  • Desktop Administrator II

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our Infrastructure & Operations team. The Desktop Administrator II is responsible for supporting end-user issues that are escalated by the Helpdesk Specialists position. The position requires strong PC support technical expertise and excellent customer service skills. 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:
    •Responds to end-user requests for support and maintenance for the following client hardware/software platforms listed in the IT Standards Manual.
    •Windows Desktop & Mobile Device support.
    •Support of desktop, laptop and VDI client systems.
    •Multi-function printer support.
    •VoIP change, add, delete account support.
    •Troubleshoot PC-related equipment down to the component level, when necessary. Coordinates maintenance and repair for microcomputers and peripherals as needed with outside vendors.
    •Troubleshoot application issues, including isolating problems to networks or servers.
    •Perform hardware, software and IS installations, moves, adds and changes (IMAC) for PCs and related peripherals.
    •Log details of support provided in the service desk ticketing system, which includes updating the IT inventory database.
    •Use PC configuration management tools to perform basic system administration (for example, adding workstations to the domain, writing procedures, etc.), software distribution, patch management, and inventory management.
    •Train local users on PC-related issues (for example, backup or virtual private network [VPN] access).
    •Stay informed of trends in PC hardware and software, troubleshooting, automation technologies and other business changes that could affect PC service and support.
    •Work to support key service-level goals, including average response time, mean time to repair, end-user satisfaction, call avoidance, equipment setup time and end-user productivity.
    •Communicates and interacts effectively with management, peers, and supervisors. Builds relationships with the IT service desk and other IT support teams to ensure that IT-delivered services and end-user productivity goals are understood and exceeded.
    •Advance the use of a knowledge repository to share information among all levels of IT service and support.
    •Leverage IT service and support best practices and process frameworks, such as the IT Infrastructure Library (ITIL), to drive continual process improvements.
    •Prepares and maintains documentation on hardware and software configuration, licenses, installation procedures and other activities.
    •Success will be evaluated by manager input and via standard performance indicators, such as: Completing Tickets by Deadline, customer satisfaction ratings, and average number of tickets closed per a given time period. 

    Position Requirements:
    •Minimum of three years’ experience in one of the following areas:
    -PC support
    -Help desk support
    -Application and OS imaging
    -VDI administration
    -Knowledge and experience with one or more of the following:
    -SCCM application and imaging
    -Office365
    -Bitlocker
    -PowerShell i.e.: creating batch files
    •Extensive working knowledge of Microsoft Client technologies such as Windows and Office Professional platforms.
    •A focus on customer satisfaction with strong interpersonal skills and responsiveness is a must.
    •Bachelor’s degree with a specialization in Information Technology (a plus).
    •Microsoft Certified Professional credentials (a plus).
    •Knowledge of wireless networking (configuration and troubleshooting).
    •Analytical problem solving, and planning skills.
    •Ability to take the initiative to produce the requested results.
    •Ability to work effectively as a member of a team and with users in other departments.
    •Knowledge of information systems concepts and processes.
    •Oral and written communication skills.
    •This role may have project responsibilities, including the support of new hardware, OSs, management systems or application pilots.
    •Expected to work collaboratively with other IT service delivery members and peers to problem solve, troubleshoot incidents, develop best practices and foster the continuous improvement of IT service and support.
    •Adherence to IT policies and processes to ensure consistent quality of service.
    •Time management skills to ensure customer satisfaction with IT service.
    •Must not have been convicted on any civil or criminal charge that would suggest a risk to bank security.
    •Must be able to lift up to 45 pounds
    •Ability to work a 40 hour work week
    •Ability work outside normal business hours of 7AM to 6PM to install hardware and software, test and debug systems.

    FHLBank INDIANAPOLIS is an Equal Opportunity Employer.

    Apply Now
  • Records and Information Manager

    The Federal Home Loan Bank of Indianapolis is seeking a highly motivated individual to join the Enterprise Risk Management team. The Records and Information Manager is responsible for developing and leading the daily operation and continued evolution of the bank’s Records and Information Management Program (Program). This includes the discovery, inventory, storage, preservation, access, retrieval, and disposal or destruction of records and the protection of confidential and sensitive data of physical and electronic record information for the bank, in accordance with applicable laws, Federal Housing Finance Agency regulatory requirements, industry best practices, and effective risk management principles. 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:
    -Manages the identification, assessment, monitoring, and reporting of the bank’s Program to ensure adequate and effective risk management program operations.

    -Establishes, coordinates, and promotes the Program policy and procedures for key areas of the Program, including: discovery, inventory, storage, preservation, access, retrieval, and disposition.

    -Manages the bank’s electronic records management solution as the subject matter expert.

    -Monitors and reviews departments’ implementation of the Program with ongoing follow up to ensure adequate controls are in place.

    -Identifies areas for process improvements to increase efficiencies and reduce operational and compliance risk through the collection of data for tracking and monitoring of Program related metrics.

    -Designs and implements training for staff and contractors on the Program policy, procedures, and relevant requirements to ensure effective and consistent communication.

    -Maintains and updates the bank’s Record Retention Schedule to ensure schedule meets Program and regulatory requirements.

    -Develops process procedures to capture relevant Program requirements for a repeatable and sustainable process.

    -Leads the bank’s Program working group which provides records management best practices, information and updates to the department coordinators to ensure effective and consistent communication enterprise-wide.

    -Collaborates with business line management within information technology and information security to develop, implement, and monitor technology aspects of the Program.

    -Assists in training development of compliance risk analysts regarding the Program.

    -Performs other duties and completes special projects as assigned by management.

    Position Requirements:
    -Knowledge at a level normally acquired through the completion of a Bachelor’s degree in business, finance, library sciences, or a related discipline or equivalent experience in a related field. Certified Records Manager or other related certifications is strongly preferred.

    -Five years of experience managing records and information management program in a financial institution.

    -Understanding of Association of Records Managers and Administrators International’s Generally Accepted Record-keeping Principles and other relevant Records and Information Management industry guidelines.

    -High degree of initiative and independence to produce effective and timely work, including development of the position’s responsibilities.

    -Verbal, written, and interpersonal skills to communicate effectively with all levels of bank staff.

    -Proficient with Microsoft Office, including Excel, and enterprise content/records management systems, imaging and emerging technologies. Experience with implementation of Enterprise Content Management Systems is strongly preferred.

    FHLBank Indianapolis is an Equal Opportunity Employer

    Apply Now
  • Capital Markets Analyst II

    The Capital Markets Analyst II will provide operational and decision-making support to the bank’s Investments group related to asset /liability management, investment acquisition, and compliance with all requisite bank policies. 

    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 ongoing analysis of the bank’s mortgage portfolios, including trade documentation, prepayment analysis, funding/hedging activity, and monthly reports. 
    • Responsible for monitoring and reporting the secured and unsecured exposures and profitability of the bank’s short term investment portfolio. 
    • Support the department through ad hoc reporting and project management. 
    • Function as liaison with other departments, including Financial Controls, Enterprise Risk Management, and Information Technology. 
    • Support configuration and testing of future Calypso releases and other systems that may be developed or purchased for Treasury. 
    • Prepare periodic reports for Capital Markets management related to the monitoring of the bank’s investment portfolios. 
    • Analyzes issues effectively. 
    • Works with management to achieve goals. 
    • Communicates and interacts effectively with peers and supervisors. 
    • Deals appropriately with the public. 
    • Ability to problem-solve effectively. 

    Position Requirements: 

    • BS with concentration in finance, economics, accounting, or related field.
    • 0 - 3 years of experience working in a financial institution. 
    • Excellent analytical and communication skills. 
    • Extensive knowledge of Microsoft Office Applications including excel, power point, access and word. Experience with Bloomberg, PolyPaths, Calypso, or mortgage prepayment/default models preferred.
    • Ability to make decisions in unprecedented situations and coordinate multiple tasks 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.

    FHLBank Indianapolis is an Equal Opportunity Employer

    Apply Now
  • System Administrator II

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for TWO (2) highly motivated individuals to join the banks Infrastructure and Operations team. The System Administrator II will manage and tune in-house computer software and network connectivity to ensure high levels of availability for the supported business applications. This individual also participates in the planning and implementation of policies and procedures to ensure system provisioning and maintenance that is consistent with company and IT goals, industry best practices, and regulatory requirements. 

    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 and maintenance of the operating systems(s) and related utility software (fail over software, tools, etc.) including patch and vulnerability management at the primary and backup data centers.
    • Assist in the design and definition of desired state for systems.
    • Installs, configures, and maintains computer systems on the Bank’s network. Builds maintains application servers, and application software. 
    • Implements policies, procedures, and technologies to ensure system security through secure system access, monitoring, control, and routine security evaluations.
    • Perform configurations according to published IT standards, management, and maintenance tasks for related file systems, clustering, storage, and applications.
    • Review and deploy system releases and vendor supplied patches according to best practices. 
    • Anticipate, mitigate, identify, troubleshoot, and resolve hardware and software problems on systems.
    • Participates in development of long-term strategic goals for systems and software in conjunction with end-users and IT department managers.
    • Ensures that the infrastructure is consistent and provides reliable performance to deliver the required level of service to the business
    • Works with management to achieve goals.
    • Ability to problem-solve effectively.
    • Provides documentation, project tracking and management reporting. Prepares acquisition request and cost estimates for hardware, software and other resources related to IT Systems.
    • Assists in developing and maintaining disaster recovery contingency plans.

    Primary Work Arrangements:

    • System Administrators are expected to be available to work outside of normal working hours to provide off-hours support when necessary, such as participating in 24/7 support rotations, weekend maintenance, planned moves, adds and changes (MAC), troubleshooting, and problem resolution. 
    • This role may have project responsibilities, including the support of new hardware, software, operating systems, or application pilots.
    • Must be able to lift a minimum of 45 pounds and be able to transport heavy objects such as computers and peripherals.

      

    How Will Success Be Evaluated:

    • Customer satisfaction ratings.
    • Resolution of incidents, RFC’s, work orders, and projects with the service deadlines or project due dates.
    • Following the IT processes which includes incident, change, release, and capacity management.

      

    Position Requirements:

    • Bachelor’s degree in a related field preferred, and have 4 -6 years of experience of equivalent work experience.
    • Microsoft Certified Professional or Red Hat Certified Professional (preferred).
    • At least 4-6 years of experience in an environment similar in size and complexity to the Bank.
    • Must be proficient and experience in managing three of these systems or skillsets:
    • Windows Server and Red Hat Enterprise Linux Server Platforms
    • Red Hat Linux Satellite Server 
    • Shell or Powershell scripting
    • Desired State Configuration
    • Git Source Repository
    • Ansible, Puppet, etc. 
    • Time management skills to ensure customer satisfaction with IT service and the completion of projects in a timely manner.
    • A focus on customer satisfaction with strong interpersonal skills and responsiveness.
    • Communicates and interacts effectively with management, peers, and supervisors.
    • A combination of technical knowledge, project management, and extremely strong problem-solving and troubleshooting skills.
    • Must have a solid understanding of major networking protocols and applications, networking operating systems, plus a strong understanding of current networking product trends.
    • Adherence to IT policies and processes to ensure consistent quality of service.
    • Must not have been convicted on any civil or criminal charge that would suggest a risk to Bank security.
    • Ability to work full time.

     FHLBank Indianapolis  is an Equal Opportunity Employer.  

    Apply Now
  • Associate Director, Enterprise Architecture

    The Associate Director, Enterprise Architecture develops and promotes the vision, goals, strategies, and objectives for the Enterprise Architecture department in line with overall IT divisional goals and the bank’s strategy as developed and managed by the Senior Leadership Team. This position guides the department to effectively partner with Information Technology teams and business partners.

    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: 
    ◾Works closely with senior information technology management to identify opportunities for innovation and bring about positive changes that provide value to the organization.
    ◾Analyze enterprise business strategies to determine business, information, technology and solutions capabilities required to achieve such strategies
    ◾Analyze the current information technology environment to detect critical deficiencies and recommend solutions for improvement
    ◾“Sell” the architecture process, its outcome, and ongoing results
    ◾Define the principles to guide enterprise architecture decisions for the enterprise
    ◾Provide stewardship in setting and governing standards and guidelines that promote and ensure usage of standard, industry proven architecture techniques that scale to the organizations needs and provide flexibility and adaptability.
    ◾Collaborate with the business organizations to understand their business problems and propose technology solutions to address those challenges.
    ◾Ensure the alignment of technology solutions that enable, enhance or create business capabilities with the overall FHLBank Indianapolis technology strategy.
    ◾Continually evaluates the bank’s technology, systems and innovation capabilities; makes recommendations to drive change and process improvement to fully leverage the bank’s technology investments.
    ◾Collaborates with information technology teams and business partners on the plan, design, and architecture for technology solutions.
    ◾Manages and leads a group of information technology professionals, by motivating and focusing on the achievement of goals and objectives.
    ◾Develops and implements architecture standards necessary to ensure the sound implementation of technology solutions.
    ◾Documentation and oversight of a technology governance for maintenance of the technology corridor.
    ◾Consult with senior leaders and/or external vendors on complex technology solution issues that may impact multiple integrated business organizations and/or applications.
    ◾Manages department budget to meet organization goals and objectives.
    ◾Lead the FHLBanks Enterprise Architecture Committees.
    ◾Keeps up-to-date with industry trends, best practices and emerging technologies. 

    Unique Competencies:
    ◾System design – the ability to create an architectural design document of the technological needs of the business unit(s).
    ◾Future technology knowledge – keeps current on new emerging technologies that are out in the market place.
    ◾Technology solutions – Partners with the business units and listens to their needs and translates their requirements into a technology business solution. Provides multiple workable solutions to the business units for them to select from. 

    Position Requirements:
    ◾BS in Computer Science, Information Systems, or related technical field is preferred.
    ◾Minimum of fifteen years of IT experience with a minimum of five years' experience in enterprise architecture.
    ◾Prior management experience preferred
    ◾A combination of technical knowledge .Net, Microsoft Technologies, Oracle and Java, project management expertise, analytical skills, technical writing, and problem-solving capabilities are required.
    ◾Basic understanding of all IT disciplines is required.
    ◾Must be able work outside normal hours of 8 AM to 5 PM as needed to meet objectives.
    ◾Must not have been convicted on any civil or criminal charge that would suggest a risk to bank security.
    ◾Ability to work full-time.

    FHLBank Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Intern - Legal and Compliance

    Legal and Compliance Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Legal and Compliance Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:

    • Complete ISDA Protocol project, confirming required protocols are in place for all counterparties
    • Assist with implementation of new Enterprise Content Management system, including working on procedures and other documentation
    • UCC-9 searches for all members
    • Organize and research new legal forms 

    Position Requirements:

    • Excellent written and oral communication skills
    • Ability to take instruction and work independently as well as in a team setting 
    • Strong organizational skills with attention to detail 
    • Coursework in Business, Finance, English, and Legal

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Business Administration, Finance, English majors, or First Year Law students.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Intern - Corporate Communications

    Corporate Communications Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Corporate Communications Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:

    • Assist with public website and intranet projects
    • Writing, compilation, and creation of newsletters
    • Review and editing of corporate communications

    Position Requirements:

    • Excellent written and editing skills
    • Website management experience a plus 
    • Strong organizational skills with attention to detail 
    • Coursework in Communications, Marketing, Public Relations, or English Studies

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Marketing, Public Relations, Visual Communications, Graphic Design or English Studies majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Intern - Enterprise Risk Management (Model Risk)

    The Federal Home Loan Bank of Indianapolis is seeking an Enterprise Risk Management (Model Risk) Intern. The student filling this position will handle a wide range of important duties.

    Responsibilities:

    • Assist in the analysis of model related End User Computing
    • Review and enhance inventory of models
    • Assist Model Validation Analyst in model validation projects
    • Various additional responsibilities as assigned by MRMG team

    Position Requirements:

    • Excellent analytical, statistical and quantitative skills, knowledge of risk management concepts, measurement approaches and risk management practices
    • Excellent oral and written communication skills
    • General business knowledge is helpful
    • Strong organizational skills with attention to detail 
    • Coursework in Finance, Financial Management, Economics, Financial Accounting, Risk Management, Mathematics (Statistics) 
    • Working knowledge of Microsoft Office applications (Word, Excel, PowerPoint, and Access) is desirable

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Finance, Economics, Mathematics or Statistics majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Intern - Business Development-Advances Desk

    Business Development-Advances Desk Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Business Development-Advances Desk Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:

    • Collaborate with Business Development, Communications and Advances Desk staff in developing leave-behind materials for FHLBank credit products
    • Work closely with Member Services Administrative Coordinator to assist with document retention enhancements
    • Other projects as assigned in coordination with Business Development team

    Position Requirements:

    • Excellent written and oral communication skills
    • Ability to take instruction and work independently as well as in a team setting 
    • Strong organizational skills with attention to detail 
    • Coursework in Finance, Capital Markets, Economics or Marketing
    • Intermediate skills in Microsoft Office applications (Word, Excel, and Access); database applications and process workflow application knowledge is desirable

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Finance, Economics, or Marketing majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Intern - Marketing and Member Research

    Marketing and Member Research Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Marketing and Member Research Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:

    • Assist in tracking member communications and their effectiveness
    • Completing Banking and insurance industry research projects
    • Assist Business Development Analyst with various other member-related initiatives

    Position Requirements:

    • Working knowledge and experience with data and database management 
    • Experience and/or interest in banking or finance 
    • Excellent written, organizational and analytical skills
    • Coursework in Money and Banking, Finance and Marketing
    • Intermediate skills in Microsoft Office applications (Excel and PowerPoint)

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Finance, Economics, or Marketing majors.

    The Federal Home Loan Bank of Indianapolis is an equal Opportunity Employer.

    Apply Now
  • Intern - Internal Audit

    Internal Audit Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking an Internal Audit Intern. The student filling this position will handle a wide range of important duties.

    Responsibilities:

    • Assist with the testing of SOX key controls
    • Assist with the completion of financial and Information Technology audit work
    • Assist the Associate Director of Financial Audit or other Audit Department members with various projects

    Position Requirements:

    • Excellent written and oral communication skills
    • Ability to take instruction and work independently as well as in a team setting. 
    • Strong organizational skills with attention to detail and ability to multi-task. 
    • Coursework in Finance, Accounting and Management Information Systems 
    • Intermediate skills in Microsoft Office applications (Word and Excel)

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Finance, Accounting, or Management Information Systems majors.

    The Federal Home Loan Bank of Indianapolis is an equal Opportunity Employer.

    Apply Now
  • Intern - IT, Solution Delivery

    Information Technology (Solution Delivery) Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking an Information Technology (Solution Delivery) Intern. The student filling this position will handle a wide range of important duties.

    Responsibilities:

    • Utilizing KPI dashboards to identify source data and build and delivery dashboards
    • Define and document process for data aggregation
    • Assist with process improvement and documentation for software delivery team

    Position Requirements:

    • Excellent oral and written communication skills
    • Ability to manage multiple responsibilities and deliverable simultaneously
    • Strong technical acumen
    • Strong organizational skills with attention to detail 
    • Coursework and interest in Research & Data Analytics and business process improvement

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should have coursework in Computer Science, Business Management, and/or Management Information Systems.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer. 

    Apply Now
  • Intern - Human Resources

    Human Resources Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Human Resources Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:

    • Assisting with the development and redesign of our on-boarding and orientation process
    • Assist with various Office of Minority and Women inclusion strategic planning strategies and initiatives
    • Recruiting assistance and workforce outreach, including internal and external events
    • Compilation of HR data
    • HR E-filing and I-9 self-audit

    Position Requirements:

    • Currently pursuing a Business or Human Resources degree program with an interest and aptitude to work in Human Resources
    • Ability to prioritize tasks and handle numerous assignments simultaneously; self-starter, ability to effectively learn and acquire new knowledge and skills; detail oriented
    • Exceptional written (strong grammatical) and oral communication skills
    • Proficient in Microsoft Office applications (preferably proficient in Excel)
    • Coursework in Gender Studies, Business, Organizational Leadership, and Ethics-related courses

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Business, Human Resources or Organizational Leadership majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Intern - Community Investment

    Community Investment Department Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Community Investment Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:

    • Assist with IT automation activities and the department’s records retention policy including review and organization of electronic files to facilitate the implementation of a new document management system
    • Support Affordable Housing Program (AHP) competitive funding allocation, round administration, compliance reporting and monitoring progress reports 
    • Assist Home Ownership Initiatives production activities, monitoring reviews, disbursement requests, data entry and integrity 
    • Assist with document review and quality control for Federal Housing Finance Agency (FHFA) reporting 

    Position Requirements:

    • Excellent written and oral communication skills
    • Ability to take instruction and work independently as well as in a team setting 
    • Strong organizational skills with attention to detail 
    • Coursework in Business, Urban Planning and Development or Public Administration 
    • Intermediate skills in Microsoft Office applications (Word, Excel, and Access); database applications and process workflow application knowledge is desirable

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Business Administration, Social Work, or Public Administration majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Intern - Financial Controls

    Financial Controls Summer Intern 2019

    The Federal Home Loan Bank of Indianapolis is seeking a Financial Controls Intern. The student filling this position will handle a wide range of important duties.

    Responsibilities:

    • Assist in the preparation of the Q2 2019 Form 10-Q.
    • Preparation and maintenance of the Bank's Federal Housing Finance Agency Accounting Policy Guide and accounting department procedures.
    • Daily work as assigned to assist in general ledger accounting and processing.
    • Assist Financial Controls with various projects. 
    • Assist the ICFR department with various projects and walkthroughs

    Position Requirements:

    • Excellent written and oral communication skills. 
    • Ability to work well in both a group and individual setting. 
    • Attention to detail and the ability to multi-task. 
    • Proficient in Microsoft Office applications (willingness and ability to learn other applications and programs as necessary).
    • Ability to be flexible in tasks and priorities on a day-to-day basis.
    • Coursework in Accounting, Auditing, Finance, Business, or Economics.

    Program Features & Requirements:

    • Interns are paid a competitive hourly rate. 
    • Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    • Applicants should be Accounting or Finance majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

    Apply Now
  • Spring Intern - Corporate Communications

    The Federal Home Loan Bank of Indianapolis is seeking a part-time Corporate Communications Intern for the January-June school year. The student filling this position will handle a wide range of important duties supporting both internal and external communications. 

    Responsibilities:

    •Writing, compilation, and distribution of newsletters
    •Reviewing and editing of communications
    •Assist with public website and intranet projects
    •Other duties based on business needs and student's skill set

    Position Requirements:
    •Excellent written and editing skills
    •Website management experience a plus 
    •Strong organizational skills with attention to detail 
    •Coursework in Communications, Marketing, Public Relations, or English Studies
    •Applicants will be required to satisfactorily complete an editing test.

    Program Features & Requirements:
    •Interns are paid a competitive hourly rate. 
    •Part-time schedule designed around student's schedule.
    •Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    •Applicants should be Marketing, Public Relations, Visual Communications, Graphic Design, or English Studies majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Intern - Treasury

    The Federal Home Loan Bank of Indianapolis is seeking a Treasury Intern. The student filling this position will handle a wide range of important duties. 

    Responsibilities:
    •Assist with spreadsheet analytics
    •Assist with generation and presentation of reports
    •Projects that further the goals of the department, may be assigned as necessary

    Position Requirements:
    •Excellent written and oral communication skills. 
    •Ability to work well in both a group and individual setting. 
    •Attention to detail and the ability to multi-task. 
    •Proficient in Microsoft Office applications including Word, Excel, and PowerPoint.
    •Ability to be flexible in tasks and priorities on a day-to-day basis.
    •Coursework in Money, Capital Markets, Money, and Banking.

    Program Features & Requirements:
    •Interns are paid a competitive hourly rate. 
    •Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    •Applicants should be Finance, Business, Economics, Accounting, Math or Computer Science majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer. 
    Apply Now
  • Intern - Enterprise Risk Management, Ops Risk

    The Federal Home Loan Bank of Indianapolis is seeking an Enterprise Risk Management-Ops Risk Intern. The student filling this position will handle a wide range of important duties.  

    Responsibilities:
    •Assisting in analysis of operational risk events, metrics, and the end user computing program
    •Various other operational risk related projects based on changes within ORMG, as assigned
    •Assisting as needed with the ITRM and BCM teams

    Position Requirements:
    •Excellent written and oral communication skills
    •Ability to take instruction and work independently as well as in a team setting 
    •Strong organizational skills with attention to detail 
    •Coursework in Business related field
    •Intermediate skills in Microsoft Office applications; knowledge of Excel and Access is a plus.

    Program Features & Requirements:
    •Interns are paid a competitive hourly rate. 
    •Our intern program is for students that have completed at least their sophomore year. Graduate students and MBA students are highly encouraged to apply. 
    •Applicants should be Finance, Economics or Business related major. 

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer. 
    Apply Now
  • Corporate Credit Risk Analyst II

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join the Corporate Credit Risk Analysis team. As a direct report to the Director of Credit Risk Analysis, the incumbent of this position is responsible performing credit analysis through measuring, monitoring, and evaluating the risk for the bank's advances portfolio, with a focus on qualitative risk analysis and research.   

    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: 
    •Perform qualitative credit risk analysis and research of bank’s members and counterparties. 
    •Stay well informed of industry trends, incorporating historical context, related to credit risk, including potential impacts to the Bank. 
    •Evaluate, from a credit risk perspective, applications of proposed new FHLBank Indianapolis members. 
    •Conduct special risk assessments on as-needed basis. 
    •Give regular updates and reports to the Director of Credit Risk Analysis and/or Chief Risk Officer. 
    •Perform high level quantitative analysis of members (insurance and depository) using financial metrics such as risk-based capital ratios, financial leverage, product line risks, business trends, etc. and/or market based risk metrics such as equity performance, credit default swap spreads, etc. 
    •Evaluate and analyze snapshot and trends in overall composition of the Bank’s advances portfolio, pledged collateral, product tenors/terms, concentration, etc.
    •Periodically conduct stress tests on valuation of collateral pledged by members. 
    •Perform valuation and performance benchmarking exercises. 
    •Periodically, on a sampling basis or as needed basis, independently value collateral using various valuation tools. 
    •Prepare ERM credit-related departmental reports monthly, quarterly, and/or prepare ad hoc analysis. 
    •Assist with developing and maintaining policies and procedures regarding ERM’s credit measurement, monitoring and evaluation. 
    •Develop knowledge in insurance company credit risk analysis, and through news and other media, seminars and training classes, remain current on insurance industry events and developments. 
    •Prepare reports as needed for Risk Committee or Risk Oversight Committee of the Board. 
    •Responsible to meet department productivity and quality goals. 
    •Analyze issues effectively. 
    •Work with management to achieve goals. 
    •Adheres to workplace rules and normal working hours, and overtime as needed. 
    •Communicate and interact effectively with managers, peers and supervisors. 
    •Ability to problem-solve effectively. 
    •Responsible for monthly income simulation process for Enterprise Risk Management. 
    •Maintain the model and continuously improve its assumptions and explain to senior management the impact of changing market conditions on the bank’s annual net income. 
    •Assist Treasury Risk Analytics group in the Annual Financing Forecasting process. 
    •Play a key role in the implementation of the enterprise wide-stress testing. 
    •Perform mark to market valuation, such as FAS 157 OAS calculations, for Market Risk Reporting process. 
    •Support the production of market risk analysis and reporting, including balance sheet risk and work on special projects as required. 
    •Assist in general improvement, automation, and maintenance of QRM environment, databases, testing (e.g. QRM upgrades) and tasks. 
    •Perform shared QRM runs, tasks & reporting, coordinating responsibilities with ERM staff. 
    •Be a key resource for explaining risk numbers, R&D projects, new risk analytics, data issues, market information, risk modeling, testing and implementing new models and systems etc. 
    •Develop, generate and explain complex financial information requests in a timely and accurate manner for Bank management, the FHFA or other parties as required.
    •Perform or assist in ad-hoc analyses in a timely manner. 

    Position Requirements: 
    •Finance/business undergraduate degree; with MBA or CFA preferred; credit analysis background/experience (3+ years) preferred or equivalent graduate degree.
    •Excellent analytical and communication skills with strict attention to detail. 
    •Ability to interact with FHLBank Indianapolis personnel and others outside the bank. 
    •Knowledge and ability to use computer tools in analysis of financial data. 
    •Specifically, experience using Microsoft Office products such as Word, Excel, and Access is preferred. 
    •Ability to work full time. 
    •Must not have been convicted on any civil or criminal charge that would suggest a risk to bank security. 

    FHLBank Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Sr. AHP Compliance Analyst

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our community investment team. As a direct report to the AHP Portfolio Manager, the incumbent of this position is responsible for managing and monitoring compliance issues for the bank’s AHP housing development program. The individual will also provide administrative and customer service support for various affordable housing programs, and conduct field reviews of AHP projects for risk mitigation and management.

    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 providing programmatic assistance to financial institutions, non-profit and for-profit housing development partners and building owners/operators regarding the use of various Bank housing finance products. 
    • Performs disbursement, monitoring, and compliance functions consisting of comprehensive analysis and assessment of multi-family and owner-occupied housing development proposals for financial feasibility and programmatic compliance. 
    • Ensures partners and developments adhere to statutory restriction and Community Investment Department policies and procedures including identification of potential fraud or deliberate misrepresentation by program users, members or bank staff. 
    • Performs scoring and financial analysis of AHP project applications. 
    • Researches and recommends appropriate steps to successfully resolve multi-faceted compliance issues, while adhering to statutory and programmatic guidelines. 
    • Works with management, financial institutions, housing development partners, and their legal counsel and staff to develop workout plans or recourse of statutory remedies. 
    • Conducts field reviews of AHP projects at project site and member offices to verify progress on projects and adherence to statutory and policy requirements. 
    • Prepares reports on project status including loss/risk rating analysis. 
    • Processes and makes recommendation for approval of modification and extension requests. 
    • Collects and analyzes data on income, targeting, and special needs households. 
    • Makes recommendations to improve databases used in monitoring for optimal automation and tests new database systems. 
    • Assists in preparation of monitoring and progress reports for submission to senior management, AHAC, AHC, Executive staff, and FHFA.  
    • Assists in preparation of materials for internal audit and FHFA examinations. 
    • Provides training, presentations, webinars, and technical assistance to: member banks, non-profit housing providers, for profit developers, consultants and other customers utilizing the AHP programs. 
    • Represents the Bank at groundbreaking, ribbon cutting, and conference events. 
    • Helps to develop marketing materials and PowerPoint presentations for workshops, Webinars and other training events. 
    • Makes recommendations for changes to the AHP Implementation plan including scoring components and policies. 
    • Assists and tests the application and related forms for accuracy and consistency with the implementation plan. 
    • Reviews and recommends internal monitoring policies and procedures. 
    • Keeps abreast of regulatory changes and housing industry trends   

    Position Requirements: 

    • Bachelor’s Degree or direct work experience in Affordable Housing required, with a focus in Accounting, Finance, Business Administration, Real Estate, Urban Planning, or Affordable Housing. 
    • General knowledge of business administration and basic technology, finance and accounting principles essential. 
    • Five to seven years’ experience of professional business experience analyzing and interpreting housing development, budgets, financial structures, operating pro-forma’s, and regulatory agreements preferred. 
    • Familiarity or understanding of loss mitigation and foreclosure of multi-family properties preferred. 
    • Knowledge of Affordable Housing Regulations and funding programs such as: LIHTC, HOME, CDBG required. Understanding of rental assistance programs and supportive housing projects is helpful. 
    • Understanding and application of federal or state housing compliance and regulatory requirements, working with external customers, preparing written correspondence and delivery of technical assistance preferred. 
    • Experience working with non-profit organizations a plus. 
    • Ability to provide a variety of inter-related and non-standard assignments and resolve a wide range of compliance issues preferred. 
    • Must possess exceptional organizational skills, the ability to prioritize, and be detail-oriented. 
    • Excellent written and oral communication skills including public speaking. 
    • Intermediate level expertise of Microsoft Office products to include: Word, Excel, Access, Adobe, and Powerpoint preferred. 
    • Possesses sound judgment and excellent customer service skills to handle sensitive situations with tact and diplomacy. 
    • Availability for up to 25% overnight travel. 
    • Ability to lift 20-25 lbs. 
    • Must not have been convicted of any civil or criminal charge that would suggest a risk to bank security. 
    • Ability to work full time.  

    FHLBank Indianapolis is an Equal Opportunity Employer.

    Apply Now