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:

  • SOX Manager

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity to join our Financial Controls team.  We are seeking a highly motivated individual to ensure the establishment and maintenance of adequate internal control over financial reporting (“ICFR”).
    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:
    ◾Evaluates and monitors internal controls and related procedures that fulfill requirements of the Sarbanes-Oxley Act (regarding internal control over financial reporting) as well as internal risk management standards. Coordinates SOX compliance with other departments, internal audit and external auditors.
    ◾Conducts annual risk assessment as part of determining the scope and extent of management’s testing of the design and operating effectiveness of ICFR.
    ◾Works closely with the Director, SOX Controls and Expense Management to regularly evaluate the risk of an error or misstatement in reported financial information.  Monitors implementation of identified actions.
    ◾Works with the Director, SOX Controls and Expense Management and other personnel to resolve operations risk events and findings from internal auditors, external auditors, and regulatory agencies.
    ◾Prepares quarterly updates of status of ICFR for the Disclosure Committee, the Audit Committee of the Board of Directors, or any other relevant oversight body. 
    ◾Supervises and manages SOX Analyst. 
    ◾Works closely with Financial Controls staff and Operations Risk Management to maintain compliance with established end user computing (EUC) policies. 
    ◾Performs various audit and review procedures on selected amounts in the Form 10-Q and Form 10-K as well as other areas as assigned to provide reasonable assurance regarding the reliability of financial reporting. 
    ◾Proactively works with management and peers to achieve department and Bank strategic initiatives.
    ◾Complete special projects as assigned.

    Unique Competencies:
    ◾Interpersonal skills – Work with various staff members throughout the Bank and with external customers (FHFA, auditors, etc.). The ability to build rapport and use diplomacy and tact with both internal and external customers.
    ◾Analyzes data – Collects data and information in order to compare, contrast and determine whether there is a control deficiency (i.e., SOX).  Assure adequate procedures are in place and there are no material errors or misstatements.
    ◾Communication/presentation skills – Ability to communicate in a variety of settings: one-on-one, small and large groups (Disclosure Committee), with peers, and other Bank staff.

    Position Requirements:
    ◾B.S. in accounting or equivalent degree.  CPA designation. Superior technical knowledge and understanding of generally accepted accounting principles (GAAP) and internal control over financial reporting (ICFR).
    ◾Minimum of 8 years’ experience in public accounting or equivalent industry experience, with minimum of 5 years working with or in financial services industry.  Experience with SEC filings/disclosures and Sarbanes-Oxley compliance required.  Experience in working with federal or state examination personnel preferred.
    ◾Excellent problem-solving and oral and written communication skills.  Superior ability to write in a clear, effective, and well-organized manner.
    ◾Solid computer skills including proficiency in Word and Excel.
    ◾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 work overtime as needed.

    FHLBI is an Equal Opportunity Employer.
    Apply Now
  • MPP Account Manager

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    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity to join our Marketing Team team.  We are seeking a highly motivated individual to be responsible for furthering Bank’s Mortgage Purchase Program by educating members on the program and providing training and business development.
     
    Specific Responsibilities:
    •Participate with Account Managers in promoting MPP through joint Member calls.
    •Respond to Member inquiries for participation in the Mortgage Purchase Program and assist Members in meeting approval requirements.
    •Provide information and training to Members for delivery of mortgage loans.  This includes MPP guidelines, use of LAS, document custody, servicing options, products, and procedures. Training conducted in individual or group sessions.
    •Develop and conduct training programs with Account Managers for individual Members and trade events, such as:  MPP workshops, MPP conferences, loan officer training, trade shows and conventions.
    •Provide information and education to Members regarding the LRA, SMI, Master Servicer, and Quality Control and their utilization in MPP.
    •Act as liaison between MPP staff, Account Managers and outside vendors as needed.
    •Assist in the development of MPP marketing materials.
    •Represent MPP at FHLBI and vendor functions and making presentations as needed.
    •Assist in maintaining and updating MPP documentation materials and MPP contact list in Business Partner data base.
    •Communicate PFI specific information (performance, quality, issues).
    •Monitor and communicate with members regarding MPP contracts.

    Position Requirements:

     •Bachelor’s degree in Business Administration, Finance, Accounting, or other related field.
    •Minimum of ten years’ experience in the financial services industry with five years’ of that working in mortgage lending, secondary mortgage markets or mortgage operations.  Experience in multiple mortgage functions is desirable.
    •Excellent analytical and communication skills.  Ability to interact with various levels of employees at our member banks and credit unions including top management.
    •Ability to use technology to provide effective communication and training programs.
    •Periodic travel requirements of up to 40% at times, but approximately 25% overall.
    •Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.
    •Ability to work full time. 


    FHLBI is an Equal Opportunity Employer.
    Apply Now
  • PMO, Program Manager

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    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity to join our Project Management Team.  The Program Manager is responsible for the governance, alignment, assurance, management, optimization, tracking and planning in support of the organization’s business and information technology strategies.  The Program Manager routinely provides supervision of multiple projects to achieve a corporate vision while leading a team and performs liaison activities with upper management and stakeholders.  Supervises a team of Project Managers to ensure adequate coverage of all projects within the assigned program.

    The following statements are intended to describe the general nature and level of work
    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:
    ◾Support existing processes and recommend enhancements to processes for portfolio, program and project management.  
    ◾Continually assess the strategic value of projects within the portfolio and facilitate prioritization to drive best value outcome for the business and IT.  Create and execute plans supporting the portfolio roadmap through the definition of project scope, goals and deliverables.
    ◾Manage the assignment of project managers to projects to ensure adequate coverage of projects and distribution of workload across the Program team.  Defines resources and schedule for project implementation.
    ◾Support business case development, capacity planning, change management, and reporting.  Manage program and project risks and response plans for mitigation and contingency planning.
    ◾Provide visibility of project progress against budget, resource plans and schedule through reporting suitable for executive management audiences to make informed decisions and actions.
    ◾Serve as a trusted advisor to stakeholders by effectively communicating status in an appropriate form, proposing well thought out actions to address issues and risks (within the portfolio and across portfolios), and balancing cost/risk of change against benefits.  Ensure effective communication of key project information at all levels of the organization.
    ◾Develops and manages relationships throughout the organization to reinforce a culture of partnership and collaboration.  Communicates clearly on both one-on-one and group levels.
    ◾Facilitate and support regulatory compliance and audit activities.
    ◾Manages Project Management Office professionals including recruitment and hiring, goal setting, coaching and mentoring, employee recognition and training, and performance management.  Defines and articulates team and individual goals and identifies solutions to address staffing and/or workload challenges.
    ◾Other duties, as assigned.

    Position Requirements:

    ◾Bachelor’s Degree required; MS desirable.
    ◾PMI Project Management Professional (PMP), CSM or PMI-ACP Certification desired.
    ◾Minimum of ten years of experience in IT project management. 
    ◾Minimum of five years of experience in employee supervision preferred.
    ◾Strong background and skills in establishing and implementing governance principles and practices.
    ◾Ability to learn and adapt knowledge to domain specific business processes, products and services.
    ◾Practical skills in creating and managing strategic plans within a complex IT organization.
    ◾Demonstrable project management capabilities utilizing various implementation methodologies. (Agile, Waterfall, SCRUM).
    ◾Hands-on experience with resource management, cost management, and risk management. 
    ◾Experience leading projects and programs within and outside IT, as well as projects and programs that involved external providers is preferred.
    ◾Experience working in a PMO in medium to large organizations, with multi-functional teams.
    ◾Ability to move between strategic and tactical issues quickly.
    ◾Excellent interpersonal and communication skills (oral and written) to work effectively with all organization levels and build positive relationships.
    ◾Must not have been convicted on any civil or criminal charge that would suggest a risk to Bank security.
    ◾Ability to work in a heavily regulated environment.
    ◾Ability to work full time.
     
     FHLBI is an Equal Opportunity Employer
    Apply Now
  • Manager, IT Governance

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    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our Information Technology team. The Manager, IT Governance (Manager) is responsible is responsible for the day to day operations of the IT Governance and Compliance function through the management of a team of analysts supporting the Information Technology (IT) Governance framework including the IT Governance Program. The IT Governance framework is used to identify and manage the risks associated with using information and technology. The Manager is responsible for policy enforcement by ensuring all IT departments are complying with defined and established rules and regulations.

    The following statements are intended to describe the general nature and level of work 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:
    •Maintain the IT governance framework including the IT Governance Program.
    •Act as the primary IT liaison and coordination point for all Internal Audit, Enterprise Risk Management and Compliance activities. On behalf of the IT organization, provides oversight and management of internal audits, external audits, self-identified risks, effective challenge activities from Enterprise Risk Management and Compliance, and Federal Housing Finance Agency (FHFA) regulatory examinations.
    •Facilitate IT SOX control reviews, including control documentation updates.
    •Manage the IT remediation process including tracking resolutions of findings and action plans across Internal Audit, Enterprise Risk Management, Compliance and FHFA by facilitating the IT management response process and creation of management action plans related to findings and self-reported risks.
    •Ensure continuous improvement in the IT Governance Program by implementing best practices and consulting with IT Management regarding the creation and certification of IT controls and risk assessments.
    •Conduct IT self-assessments to assess effectiveness of the IT governance framework. Identify areas for improvement and implement necessary changes to further strengthen the IT governance framework.
    •Define, coordinate and communicate IT governance performance metrics and key risk indicators to IT Management and Enterprise Risk Management, as required.
    •Manages the annual update process for all IT Policies to ensure accurate and timely updates and proper communication to the IT Steering Committee.
    •Maintains accurate procedures related to the IT Governance function.
    •Ensure effective compliance awareness through active training and communication to employees, contractors, and business partners.
    •Responsible for supporting IT financial and accounting needs including the management of day-to-day activities of accounts payable, invoicing, procurement, IT inventory integrity, fixed asset records and budget vs. actual reporting. Assists with the annual budgeting and forecasting process.
    •Develop, improve and issue timely monthly financial records for Executive Director, Development and Board of Directors and budgeting
    •Manages IT Governance staffing including recruitment and hiring, goal setting, coaching and mentoring, employee recognition and training, and performance management. Defines and articulates team and individual goals and identifies solutions to address staffing and/or workload challenges. Ensures a productive, supportive and collaborative environment for team members.


    Position Requirements:
    •BS degree in business, finance, and/or computer science
    •Minimum of 5 years' experience in Financial Services or a Technology Company.
    •Minimum of 5 years' experience with technology or financial operational and governance principles (including COBIT, COSO, ITIL). Professional certification in control discipline.
    •Minimum of 5 year’s prior management experience with a proven track record of leading, developing and motivating others.
    •Proven experience collecting, managing, and reporting a high volume of data to senior leadership.
    •Working knowledge of operational, technology and information security risk management.
    •Control testing experience.
    •A combination of technical knowledge, project management expertise, analytical skills, technical writing, and problem-solving capabilities are desired.
    •Ability to influence and build relationships and demonstrate team leadership in all interactions.
    •Excellent written and verbal communication skills to support interaction with a variety of team members at different seniority levels.
    •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.

    FHLBI is an Equal Opportunity Employer. 
    Apply Now
  • Secondary Market Loan Valuation Analyst

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our team. The Secondary Market Loan Valuation Analyst maintains the residential and commercial whole loan pricing model by performing regular and as needed assumption updates, prepares whole loan collateral bench-marking analyses, performs as needed whole loan valuation analysis, performs analysis related to the adequacy of collateral maintenance levels, and works with third party pricing vendors.  

    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:
    -Maintains pricing valuation system for whole loans pledged as collateral to secure member outstanding advances and credit products. Update assumptions inside the valuation model. Works with third party pricing vendor reports to assist in the validation of collateral pricing. Prepare comparative analysis spreadsheets and memos detailing pricing differences and defining areas where adjustments can be made to the FHLBI market values/process. 
    -Monitors pricing, credit, market conditions and liquidity of whole loan collateral pledged and makes recommendations regarding market value, collateral coverage, and liquidation values.  Researches and reviews appropriate market valuation of pledged collateral as well as monitor changing market conditions.
    -Performs analysis related to the adequacy of collateral maintenance levels (CML).  Maintains the whole loan CML model and makes recommendations related to model assumptions, inputs, and results. 
    -Provides support in the development and maintenance of spreadsheets and internal procedures for security collateral.   
    -Provides operation support related to the pledging/releasing of securities collateral. Assist in reviewing securities collateral for potential eligibility, as well as eligibility maintenance. 
    -Assists in the research and development of various types of assets for the Bank to accept as collateral.
    -Collaborates with collateral analysts to support and monitor whole loan data related to whole loans pledged as collateral. Works with the Bank’s safekeeping department and third party custodians.

     

    Position Requirements:
    -Bachelor’s degree in Business Administration, Accounting, Finance, or Management.
    -Advanced degree in a business field is desirable. 
    -Minimum of five years' experience working with mortgage-related products, preferably in an analytical role.  Experience working with mortgage-backed securities and/or in an investment securities environment is desirable. 
    -Must possess excellent oral and written communication skills and the ability to interact with top management of Bank and members in problem-solving situations and in presentations of Bank's products. 
    -Must be detail-oriented and possess excellent analytical abilities. 
    -Must be able to establish priorities, organize workflow, and complete assigned projects and daily tasks independently. 
    -Works with management to achieve goals. 
    -Adheres to workplace rules and normal working hours. 
    -Communicates and interacts effectively with management, peers and supervisors. 
    -Deals appropriately with the public. 
    -Ability to problem-solve effectively. 
    -Must have a high level of proficiency with computer software such as Microsoft Office applications used to analyze financial data. 
    -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