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:

  • Associate Director, Information Security

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for an Information Security Manager to join our team. Under the general direction of the Chief Information Security Officer (CISO), the Information Security Manager’s (ISM) primary responsibilities include leading the centralized, coordinated management of the Information Security Program to achieve identified strategic objectives and goals. The ISM is tasked with planning, scheduling, executing and monitoring the program’s portfolio of projects, and directing the program’s operational model, including governance, compliance, risk management and administrative activities. 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:
    - Direct a cross-functional team of staff to drive performance and ensure the successful implementation of information security initiatives.
    - Actively manage programs and/or project portfolios that involve significant business and technical complexity, and provide consistent program status and progress against objectives.
    - Drive definition and closure of project requirements, project plans/schedules, and resource needs with stakeholders and within team resources.
    - Provide strategic and technical guidance for the design and execution of corporate information technology and information security projects.
    - Contribute and champion information security best practices and processes/methodologies innovation at the program level.
    - Lead governance meetings and carry ongoing oversight of Information Security Programs.
    - Lead in executing and maturing the Vulnerability Management and Security Awareness and Education Programs.
    - Evaluate, measure, and report on strategic effectiveness of the Information Security Program.Manage security awareness and education activities to deliver key security messages, inform the company about security tools and services, and engage Bank staff.
    - Review and contribute to Program documentation and communication including, but not limited to, all notices, guidance, directives, standard operating procedures, recommendations, and briefings.
    - Continuously update Information Security Program management tools and processes to align with regulatory requirements and industry best practices.
    - Design and author information security policies, procedures and standards.
    - Partner with various business units to enhance security policies/procedures. 
    - Prepare and present executive level presentations, metrics, and status reports.

    Position Requirements:
    - Bachelor's Degree in an information technology related field or equivalent experience.
    - 5+ years of relevant Information Security Operations work experience.
    - 3+ years of managerial experience and the ability to demonstrate success as a supervisor.
    - One or more security certifications such as CISSP, CISA, CISM, or relevant security certification(s). 
    - Technical knowledge of implementing information security technical controls.
    - Strong analytical, prioritizing, interpersonal, problem-solving, and presentation, project management (from conception to completion) and planning skills. 
    - Knowledge of risk management processes, incident response and handling methodologies.
    - Knowledge of resource management principles and techniques.
    - Knowledge of information security program management and project management principles and techniques.
    - Hands on experience in implementing and managing defense in depth strategy and toolsets.
    - Ability to work full-time.  
    - Ability to uphold and model the bank’s guiding principles.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • IT Business Analyst

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a motivated individual to join our Project Management team. The IT Business Analyst works under the direction of the Manager, IT Business Analysis for the purpose of eliciting, documenting, validating, socializing, and modeling solution requirements and business processes in the course of developing and/or selecting technology based solutions. In addition, the Business Analyst will assist in project planning, estimation, and reporting activities and may serve as a subject matter expert on one or more mission critical systems.

    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:
    •Serve as liaison between Information Technology and business units for the purpose of eliciting, documenting, validating, socializing, and modeling requirements and business processes.
    •Work with business units to identify strategic and tactical improvements and/or opportunities and work with IT management to assist in the prioritization of those needs.
    •Assist in project planning, estimation, and reporting activities.
    •Become a subject matter expert on the various business processes and one or more mission critical systems (e.g. LAS).
    •Assist software development teams with problem analysis, tracking, and resolution.
    •Assist in assessing viable solutions.
    •Assist quality assurance in defining test plans and test cases.
    •Complete special projects as assigned.

    Position Requirements:
    •B.S. in management information systems, finance, and/or computer science.
    •Minimum of 2-3 years banking experience or five (5) years of experience in IT with a focus on requirements management.
    •Demonstrable knowledge of business concepts applicable to finance and accounting.
    •Willingness to become a knowledgeable resource on business processes and mission critical systems (e.g. LAS).
    •Basic project management/administration skills.
    •Ability to conceptually model solutions using a variety of standard notations and viewpoints.
    •Excellent oral and written communication skills.
    •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.
    •Ability to uphold and model the bank’s guiding principles.

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

    Apply Now
  • Compensation and Benefits Manager

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a motivated individual to join the bank's Human Resources team. Under the general supervision of the Chief HR and D&I Officer, the Compensation and Benefits Manager will manage the overall administration and communication of the employee benefit and compensation program. They will participate in the strategic planning and development of policies/procedures, new programs and technology to ensure progressive total rewards in a competitive recruitment and retention environment. This individual ensures compliance of compensation programs, including payroll, with the various governing agencies and laws. This individual will manage the HR Operations Generalist.  

    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 design, implementation and ongoing evaluation of the compensation and benefits programs, including base pay, incentive pay, health and wellness benefits (medical, dental, vision, flexible spending accounts and health savings accounts), life insurance, worker’s compensation and retirement benefits, in addition to coordinating with benefits brokers and plan carriers. 
    • Serves as the HR liaison on the Bank’s Retirement Benefits Oversight Committee.  
    • Provides ongoing comparative analysis of the Bank’s Defined Contribution, Defined Benefit, Life and LTD plans for strategic positioning to enhance employee retention and recruiting. Research, analyze and make recommendations to existing benefits plans/processes. Prepares proposals and presentations for revisions and improvements to current practices. Responsible for ensuring programs support the organization’s business objectives, meet employee’s needs, comply with legal requirements and are cost effective. 
    • Oversees executive compensation program, including: (1) compensation program evaluation, design and implementation; (2) benchmarking and setting compensation targets; (3) year-end compensation and reporting; and (4) managing executive compensation programs. 
    • Leads the annual comprehensive compensation process including design, administration, distribution, communication and training for the Bank to ensure the Bank’s competitive environment, consistent with compensation trends and the Bank’s Compensation Philosophy.  
    • Manages compensation bench-marking, including managing third party compensation vendors, serving as the liaison for the FHLB System Surveys. 
    • Manages all necessary routine and non-routine functions required for the biweekly processing of payroll for the purpose of accurate and timely distribution of employee pay. 
    • Responsible for all Federal Housing Finance Agency data submissions related to compensation and benefits, i.e., incentive compensation, deferred compensation, new hire, termination and any other ad hoc compensation requests. 
    • Evaluates, monitors and documents all human resource compliance including internal control and related procedures within the HR department that fulfill requirements of the Sarbanes-Oxley Act as well as FHLBank and internal risk management standards. Designs controls to safeguard the validity of data provided to Accounting. Responsible for the payroll 404 process. Responsible for obtaining SOC1 reviews for compensation/benefits vendors, as applicable. Responsible for HRIS and departmental security reports. Assists with the drafting and ongoing disclosure requirements of the CD&A. 
    • Prepares annual budget for cost centers 39, 40, and 43. Reviews monthly charges to these cost centers and monitors where expenses are relative to the budget. Tracks all benefit-related expenses on a regular basis. 
    • Maintaining updated policy documents and operating procedures and providing exception reports in accordance with our compliance guidelines and in response to Internal Audit and or Enterprise Risk Management requests.  
    • Provide oversight to the management of the Human Resources Information System to ensure accurate and timely data management/retrieval, system upgrades and conversions. 
    • Oversees the mid-year and annual performance review process. 
    • Responsible for keeping all Emergency Management documents up to date. 
    • Responsible for HR Business Continuity Plan. 
    • Assists in development and maintenance of various HR metrics and periodically providing data for the Office of Diversity and Inclusion. 
    • Assists in conducting various training, including: open enrollment, new/existing manager, performance management, HR systems, etc.  
    • Maintains contact with employees, managers, and those outside the Bank for the purpose of servicing internal and external inquiries and requests related to compensation and benefits.  

     

     Position Requirements:

    • A bachelor’s degree and 7+ years’ Human Resources experience, OR a master’s degree in Human Resources Management or an MBA and 5 years’ experience in the HR field, OR any similar combination of education and experience. 
    • Working knowledge of employee benefit (including retirement plans) program administration, compensation plans, FMLA, and COBRA administration at a level normally acquired through 5 years of progressive experience. 
    • Five years of HCM experience, preferably with Workday, or other similar HRIS and data management systems/software. Certified Compensation Professional (CCP) and Certified Payroll Professional (CPP) certifications are a plus. Must have a working knowledge of accounting concepts. Strong math reasoning ability and proficiency with software applications. 
    • Knowledge of FMLA, HIPAA, COBRA and other federal, state and local regulations. 
    • Knowledge of SEC reporting requirements as relates to executive compensation is a plus. 
    • Proficient in Excel, with the ability to analyze, forecast and project data to aid in decision making.  
    • Strong analytical skills necessary in order to recommend and aid in the implementation of departmental policies and procedures and interpret Wage and Hour and FMLA laws and regulations. Solid understanding of laws, regulations and theories.  
    •  Proficient in Microsoft Office 365 tools (particularly Excel), and the ability to analyze data to make decisions and recommendations for action even in instances where all data or outcomes are uncertain. 
    • Previous supervisory experience preferred. 
    • CEBS or SHRM/SPHR certification preferred. 
    • Excellent communication, interpersonal and negotiation skills. 
    • Must be very organized and detailed-oriented. Ability to perform multiple diverse tasks simultaneously and under pressure to meet deadlines. Ability to maintain confidentiality. 
    • 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 of Indianapolis is an Equal Opportunity Employer. 

    Apply Now
  • Internship - Enterprise Risk Management

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Enterprise Market/Credit Risk department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Assist with day-to-day credit risk monitoring of member and non-member credit, including regulatory compliance monitoring
    •Completing reports of credit risk analysis of counterparties and other reports as assigned
    •Assist with day-to-day operations of the market risk modeling functions
    •Collaborate in updating End-User-Computing (EUCs) applications and Model related EUCs (MEUCs)

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills

    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, Statistics, Mathematics or Accounting majors.

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

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a motivated individual to join the bank's Enterprise Risk Management group. The purpose of this position will be to assess the Bank’s model risk through leading various model validations, risk reviews, and ongoing analysis.

    As a member of Enterprise Risk Management (ERM), the Model Risk Analyst II will work under the Model Validation Manager to validate financial models throughout the Bank in order to assess model reasonableness, weaknesses, and risks. The Analyst will interact with model owners across the Bank to understand current model performance, development activities, and emerging risks.

    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:
    -Participate in model validation projects for various types of financial models, including credit risk, valuation, and ALM models, including performing quantitative analyses and tests, backtesting, benchmarking, and/or sensitivity analysis and assessing the effectiveness and sufficiency of model controls.
    -Generate validation reports or memos detailing the validation approach, analyses conducted, and conclusion of the validation. Present findings and recommendations to model owners and relevant stakeholders.
    -Perform periodical model performance review. Participate in annual and ad-hoc risk reviews for financial models around the Bank.
    -Assess the remediation of model validation issues and assist in monitoring the Bank’s model risk exposure.
    -Assist in managing third-party model validation projects throughout the entire validation life cycle, including scoping, vendor selection and engagement, tracking validation progress, acting as a liaison between the validator and the model owner, communicating findings, and reviewing deliverables.
    -Assist in other model risk management activities such as maintaining the Bank’s model inventory, planning of the model validation schedule, tracking of outstanding model validation findings, and generating periodical model risk related reports to relevant committees and stakeholders.
    -Conduct research and analysis to understand current regulatory guidance, maintain knowledge of modeling best practices, model validation techniques, and current financial market information.

    Position Requirements:
    -Advanced degree with a concentration in Financial Engineering, Economics, Mathematics, Statistics, or some other quantitative discipline.
    -Experience working in a related field, such as model risk management, financial modeling, quantitative analysis, or risk management, or commensurate education or internship experience, desirable.
    -Solid knowledge of statistics and mathematics required. Working knowledge of risk management and modeling best practices.
    -Understanding of fixed-income market concepts and instruments, including mortgages and MBS, interest rate derivatives, prepayment projection, interest rate forecasting, credit loss models, and stress testing.
    -Excel/VBA modeling experience required. Other modeling/programming skills, such as R, Python, MATLAB, FiNCAD, or Bloomberg, desirable.
    -Strong writing and communication skills. Ability to write clear technical reports and memos. Must be able to communicate and maintain relationships with model owners and other stakeholders, and interact effectively with management.
    -Understanding of current regulatory guidance on model risk management, including FHFA’s AB 2013-07, OCC Bulletin 2011-12, or FRB SR 11-17, desirable.
    -Ability to manage multiple projects, including working with internal stakeholders and outside vendors.
    -Ability to work collaboratively, engage positively, self-motivate, and possess a strong desire to learn.
    FRM or CFA desirable.
    -Detail-oriented. Ability to assume complex assignments with minimal direction.
    -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 of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Vendor Risk Analyst

    The vendor risk analyst responsibility is to identify, monitor and work with stakeholders to mitigate risks associated with third-party providers of goods or services. In addition, the vendor risk analyst is tasked with compiling data, completing documentation related to vendor risk, and appropriately capturing risk issues per the Vendor Management & Procurement Policy. The vendor risk analyst will perform related activities (reporting, vendor registration, procurement and diversity conferences, etc.) to support the Bank’s vendor diversity and inclusion initiatives.   

    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

    • Coordinate the identification and ranking of vendor risks and classification and tiering of vendors by risks and risk impacts 
    • Understand and apply relevant regulatory and legal compliance requirements, manage vendor risks as defined in vendor contracts, and in accordance with the Vendor Management & Procurement Policy. 
    • Develop and assist in execution of mitigation plans when risks and gaps are identified. 
    • Ensure third- (and fourth-) party vendors follow Vendor Management & Procurement Policy. 
    • Gather data and prepare risk assessments for High or Moderate risk tier related vendors as needed, assist with publishing and communicating to stakeholders. 
    • Track identified risks and risk events. 
    • Collaborate with information Security, Legal, Business Continuity Management, and Credit Risk to maintain the enterprise risk management program. 
    • Communicate identified risk requirements and violations to internal stakeholders and end users and responsible vendors. 
    • Assists staff and vendors with purchasing procedures, vendor registration, and facilitating the purchasing process. 
    • Analyzes Procurement, Vendor Diversity and Inclusion, and Vendor Risk issues to ensure compliance with the Vendor Management & Procurement Policy and Procedures. 
    • Maintains documents, files and records for providing up-to-date references and audit trail for compliance. 
    • Monitors Vendor procurement checklist system for adherence to Vendor Management & Procurement Policy. 
    • Administer the Archer GRC system as defined by Bank EGRC guidelines. 

           

    Position Requirements

    • Bachelor’s degree business related field preferred but not required. 
    • Strong knowledge of vendor risk management concepts 
    • Experience with vendor risk assessments and mitigation plans 
    • Familiarity with vendor risk management and governance concepts. 
    • Experience with vendor risk management applications and services. 
    • Experience developing and completing third-party risk assessments for enterprise vendors 
    • Three to five years’ experience working in purchasing, procurement or related area. 
    • 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 ability to uphold the bank’s guiding principles. 
    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - Analytics

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Analytics department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Assist in aggregating and conducting analysis on financial market data and economic data
    •Work closely with peers to complete reviews regarding FHLBanks’ financial performance
    •Coordinate with others developing analytics by using Python language

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Fluent working knowledge in one programming language, preferably Python 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 Financial Engineering, Computer Science, Statistics or related majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - IT, Security Operations

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Information Security department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Security tasks for server/workstation commission tickets
    •Daily operational tasks utilizing Security Operations tools (A/V, Vulnerability Scanner, SIEM, etc.)
    •Collaborate with team members to monitor and act upon service tickets assigned to Security Operations team

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications
    6.Basic understanding of network security protocols is preferred

    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 Cybersecurity, Computer or Information Technology, Computer Science or related majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - IT, Quality Assurance

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our IT Solution Delivery-Quality Assurance department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Complete work with QA metric dashboards including identifying source data and building an delivering new dashboards
    •Assist with streamlining existing manual processes
    •Completing test automation including running and reviewing results

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications
    6.High-level understanding of IT environment structure is preferred.

    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 Computer Science or Management Information Systems majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - Corporate Communications

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Communications department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Write, edit, and work on regular communications including emails, newsletters, and website updates with a variety of departments and content owners
    •Assist the team with larger projects possibly including video work, event planning, print materials, and website updates as needed
    •Work with both internal and external stakeholders on a variety of projects as needed with both Internal and External Communications Leads

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Editing skills, strong business writing and experience with updating websites, 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 Communications, English, Public Relations, Journalism, or Marketing majors.

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

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Treasury department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Completion of daily reports involving rates, movement and liquidity
    •Collaborate and assist with spreadsheet analytics and research/analysis projects
    •Assist with special projects as assigned by the Treasury department

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications

    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 Administration, Economics, Math, Accounting or related majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - IT, Project Management Office

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Project Management department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Learning the fundamentals of project management through the ownership and execution of the Initiation Phase (the first of the 4 phases of our project management methodology)
    •Creating and maintaining report within the Project Management software (Innotas)
    •Presenting projects, metrics and reports to multiple stakeholders in a variety of departments across the bank

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications

    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 Management Information Systems, Business Administration, Project Management or related majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - Internal Audit

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Internal Audit department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Assist with testing of SOX key controls
    •Collaborate with Director of Internal Audit and other Audit department members with completion of various projects
    •Specific project work in the areas of financial and IT auditing

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications
    6.High-level understanding of IT environment structure is preferred.

    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, Finance or Management Information Systems majors.

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

    Apply Now
  • Internship - IT, Infrastructure and Operations Team

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Infrastructure and Operations department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Collaborate with the Desktop Support team to provide customer support
    •Assist with rollout of iGel devices and VDI
    •Actively participate in User Provisioning activities

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications

    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 Computer Science, Information Systems, Information Security or related majors.

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • Internship - Financial Controls

    Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences? Do you thrive on fostering collaboration with others and working with a team? The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our Financial Controls department for our summer internship program. The student filling this position will handle a wide range of important duties.

    During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills. Interns participate in a variety of activities while on-site including group project work, team building, a service project and dining etiquette, just to name a few. We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

    Responsibilities:
    •Assist in the preparation of the Q2 2020 Form 10-Q filing with the SEC
    •Completing general ledger accounting and processing tasks
    •Specific project work in the areas of financial reporting, internal controls, accounting operations and accounting policy

    Position Requirements:
    1.Effective written and oral communication skills
    2.Ability to take instruction and work independently, as well as in a team setting.
    3.Strong organizational skills with attention to detail
    4.Analytical and problem-solving skills
    5.Proficiency in Microsoft Office applications

    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.
    Apply Now
  • Quantitative Modeling + Research Analyst II

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity to join the Analytics team. The Quantitative Modeling and 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 Indianapolis 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. 
    - It 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, Matters Requiring Attention, 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. 
    - Work 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. 
    - Ability to uphold and model the bank’s guiding principles.  

    The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.
    Apply Now
  • System Administrator II

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a motivated individual to join our IT team. This position will manage and tune in-house computer software and underlying infrastructure 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 management at the primary and backup data centers.  
    · Installs, configures, and maintains computer systems on the bank’s network. Builds infrastructure and maintains application servers, Storage-area-networks (SAN), storage library, enterprise backup systems, and application software.  
    · Performs system backup and restore to meet data protection standards and to ensure system recovery from error or outage.  
    · 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.  
    · Monitor, test, and tune system performance; preserve and provide system log files according to our policies and guidelines.  
    · Anticipate, mitigate, identify, troubleshoot, and resolve hardware and software problems on systems.  
    · Participates in and supports capacity planning and the 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.  
    · Updates IT asset inventory, disaster recovery documentation. 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.
    - Occasional inspection of cables in floors and ceilings.
    - 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
    -Mean and Median time to resolve service calls, work orders, and projects.
    -Customer satisfaction ratings.
    -Resolution of incidents, RFC’s, work orders, and projects with the service deadlines or project due dates.
    -Following the IT process which includes incident, problem, change, release, and capacity management.

    Position Requirements:
    · Bachelor’s degree in a related field preferred and 4 -6 years of experience of equivalent work experience in an environment similar in size and complexity to the bank.  
    · Microsoft Certified Professional or Red Hat Certified Professional (preferred).  
    Must be proficient and experience in managing three of these systems:  
    -Windows Standard and Enterprise Server  
    -Red Hat Linux x32 or x64 systems  
    -Red Hat Linux Satellite Server  
    -VMware or Hyper-V virtualization  
    -Nessus and Tenable System Console  
    -Cisco Routing, LAN switching, and wireless technologies  
    -Microsoft Active Directory  
    -Shell or Powershell scripting  
    · Knowledge of wireless networking (configuration/troubleshooting).  
    · Must have a solid understanding of major networking protocols and applications, networking operating systems, plus a strong understanding of current networking product trends.  
    · Time management skills to ensure 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.  
    · 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.  
    · Ability to uphold and model the bank’s guiding principles.

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

    Apply Now
  • SVP, General Counsel

    Reporting to the Bank’s President-CEO, Cindy Konich, the General Counsel will serve as the chief in-house counsel and as a key member of the leadership team, exemplifying visionary and adaptive leadership. The ideal candidate will be strategic and a thought leader, and must have the ability to anticipate issues and estimate risks strategically, proactively identifying creative solutions to complex problems that will eliminate or mitigate risks. The General Counsel will provide oversight and management of the legal department and deliver legal advice and counsel to the Bank’s Board of Directors, officers, and employees with regard to applicable statutes, regulations, policies, and procedures. This individual will also oversee Board-related matters, including regulatory compliance, governance and agenda preparation, as well as direct Indiana and Michigan government relations efforts. 

    The successful candidate will have a minimum of fifteen (15) years of legal practice experience, including strong exposure to financial institutions, cooperatives, regulatory matters, debt issuance and/or corporate governance. In addition to exceptional legal skills, the successful candidate will have management experience, sound business judgment, emotional intelligence, prior interaction with large corporate boards, and a capacity to understand risk, give advice and make decisions that further the Bank’s business objectives, all while exemplifying the FHLBI’s guiding principles: foster collaboration, drive transparency, exemplify trust, champion inclusion, and empower to deliver results. Prior senior in-house experience strongly preferred, though not strictly required. 
    Apply Now