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:

  • Marketing Intern 2018

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

    Responsibilities:
    •Assist in database reporting/analysis of member data
    •Process improvement development and execution for customer management software and Marketing Department document storage
    •Marketing materials development
    •Social media usage


    Position Requirements:

    • Working knowledge and experience with data and databases, have analytical interests and capabilities  
    • Experience and/or interest in either banking, finance or marketing
    • Marketing experience using social media
    • Marketing research experience would be a huge plus
    • Excellent written, oral and organizational 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, Marketing or Information Technology majors.

    The Federal Home Loan Bank of Indianapolis is an equal Opportunity Employer.
    Apply Now
  • Manager, IT Business Analysis

    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity for a highly motivated individual to join our team. The Manager, IT Business Analysis is responsible for the day to day operations of the business analysis function through the management of a team of Business Analysts while also participating in the development of requirements, documentation, and providing assistance with the design of technology solutions that satisfy our customer’s objectives. Acts as a liaison between the business and the software development / application team(s).  This role ensures successful delivery and use of technology solutions supporting all areas of the Bank and its customers.   

    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:
    ◾Provides general leadership and direction for the business analysis team and is responsible for the day to day operations of a group of employees including employee engagement, adoption of best practices, and problem resolution. 
    ◾Prioritizes business analysis work required for technology projects and oversees the allocation of business analysis resources.  
    ◾Collaborates with key resources and leads detailed requirements gathering through analysis of the project goals, research, and working sessions with stakeholders, partners, and subject matter experts, review of business processes, and workflow analysis. Works with our business partners to understand their processes and reporting needs. 
    ◾Documents business rules, specifications, and requirements for use in developing and/or selecting information-based solutions.
    ◾Serves as liaison between Information Technology and our business partners to define requirements and specifications.  Assists the Software Development teams with problem analysis, problem resolution and new functional development activities on the information-based systems used by the Bank where an understanding of the business is essential.  
    ◾Identifies issues and opportunities for improvements in technology to address business concerns and issues. Assists with the analysis required for documenting the current business architecture and provides input into the recommendations on the future state of the business architecture 
    ◾Recommends and reports to management schedule, resource prioritization, and status of deliverables across projects. 
    ◾Supports the Project Management Office by identifying project tasks, estimates and dependencies as well as actively participating in scope definition and prioritization of requirements.  
    ◾Manages business analysis 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.
    ◾Other duties, as assigned.


    Position Requirements:

    ◾BS degree in business, finance, and/or computer science
    ◾5-10 years’ experience working as a Business Analyst, or equivalent business experience 
    ◾3-5 years’ experience working on technology based projects, or equivalent experience
    ◾Prior management experience preferred
    ◾Knowledge and experience with financial services products and concepts including financial instruments (e.g., derivatives, investments, mortgage loans) and accounting. 
    ◾Experience with Microsoft Office products including Visio
    ◾Ability to influence and build relationships and demonstrate team leadership in all interactions. 
    ◾Must possess strong problem solving skills
    ◾Excellent written and verbal communication skills to support interaction with a variety of team members at different seniority levels. 
    ◾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
  • Financial Systems Engineering Valuation Manager

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    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity for a highly motivated individual to join our Financial Systems Engineering team. The Financial Systems Engineering Valuation Manager (Manager) is responsible for the management and delivery of comprehensive components dependent on the Calypso technical platform (including future enhancements). The manager is specifically responsible for the management and oversight of the Calypso model by ensuring ongoing operation and support of the model in compliance with internal policies and regulatory requirements.  In particular, the Manager is responsible for the implementation of Calypso design and configuration in support of new product and hedging strategy development.  This position requires specific expertise to support all aspects of the Bank’s valuation of financial instruments.

    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 Calypso model management and development using a structured and disciplined approach to model development, testing, validation and use, executed through a formalized control framework throughout all stages of the model lifecycle. 
    ◾Responsible for hedging strategy and product development support, works directly and collaboratively with Bank staff by working in a hands on approach with all in scope systems, configuring them and testing that they meet business requirements.  Ensuring delivery of high quality service, consultation, and capability delivery to internal customers through an understanding of business needs while simultaneously ensuring compliance with all model requirements. 
    ◾Supports Calypso hedge accounting configuration related to inception hedge effectiveness testing, daily hedge effectiveness testing, financial instrument valuation, analysis and review of market data integrations, curves and volatility surfaces.   
    ◾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. 
    ◾Accountable for evaluating the impact of proposed changes to the Calypso model or service (either via projects, initiatives, or releases); identifying and evaluating risks and responses and making recommendations to the Director, Core Banking Operations whether changes should be approved.  
    ◾Provides supervision and management direction to the Financial Valuation Analyst.  Responsibilities include hiring, training and development, work assignments, team building, cross-training, back-up coverage, human resources functions and disciplinary actions.  Ensures a productive, supportive, and collaborative environment to team members. 
    ◾Participates in the short and long-term goals of the department. Integrate organization’s mission and philosophy to provide meaning in work. Responsible for the understanding of department and company goals, mission and philosophy.
    ◾Other duties, as assigned



    Position Requirements:

    ◾B.S. in finance, mathematics or statistics.  MBA or CFA preferred.   
    ◾Minimum of ten years of experience in finance, accounting or financial valuation. 
    ◾Minimum of five years of experience in employee supervision preferred. 
    ◾Demonstrable knowledge of business concepts applicable to financial instruments, finance, financial modeling, accounting, processes and internal controls. 
    ◾Strong analytical skills and in depth knowledge of sophisticated capital market instruments including mortgages, mortgage backed securities and derivatives with embedded options.   
    ◾High level of proficiency with sophisticated valuation models and end-user computing tools. 
    ◾Ability to become a knowledgeable resource on one or more mission critical systems (e.g., Calypso, etc.). 
    ◾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. 


    FHLBank INDIANAPOLIS is an Equal Opportunity Employer.
    Apply Now
  • Legal Executive Assistant

    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity for a highly motivated individual to join our Legal team. The Legal Executive Assistant position reports to the General Counsel and provides assistance as requested. The person in the role will be responsible for providing confidential administrative assistance to members of the Bank’s Legal and Corporate Compliance departments, including providing assistance to the Corporate Secretary and Board Liaison as needed. 

    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:
    ◾Identifies administrative issues with potential impact to the operation of the supported professionals; recommends solutions and courses of action to deal with issues. 
    ◾Composes important and confidential correspondence and documents requiring a broad knowledge of department operations, policies, procedures, and regulations. 
    ◾Actively participates in the meetings and the facilitation of reporting and follow-up across the attendees as required. 
    ◾Responsible for collecting the materials, scheduling reviews and producing reports for scheduled Board, Committee and Working Group meetings, as assigned. 
    ◾Establishes and maintains confidential and non-confidential files and records. 
    ◾Prepares various reports that involve gathering data, summarizing information, and compiling into appropriate format for the supported executives. 
    ◾Schedules and coordinates on-site and off-site meetings and conferences. Arranges agenda and registers attendees. Makes travel arrangements as required. 
    ◾Assists the Event Coordinator/Board Liaison and provides back-up as needed for Board meetings. 
    ◾Exercises diplomacy and good communication skills in receiving visitors and telephone inquiries. Supplies information that requires knowledge of functional organization and procedures. 
    ◾Serves as an information resource regarding critical policies and procedures. 
    ◾Provides recommendations for changes in policies or procedures to improve efficiency and cost effectiveness of office operations. Recommends improvements in work flow and procedures as appropriate. 
    ◾Provides back-up to other administrative roles on occasion when service volumes dictate a need. 
    ◾Provides administrative support, including ordering office supplies and support of the Board Portal and other SharePoint activities as required. 
    ◾Assists in the process to contact vendors for the purpose of verifying information and/or responding to inquiries. 
    ◾Assists in the process to maintain documents, files and records (e.g. bids, purchase orders, vendor files, etc.) for the purpose of providing up-to-date reference and audit trail for compliance. 
    ◾Assist the compilation of invoices from suppliers, assigns GL codes and descriptions, obtains approvals, and coordinates with Accounts Payable to ensure timely payment of suppliers. 
    ◾Prepares miscellaneous presentations for the Board and other purposes. 
    ◾Registration assistance for FHLBank Conferences using Constant Contact 
    ◾Posting of various committee materials to FHFA and Bank web sites. 

    Position Requirements:
    ◾Knowledge of legal concepts as well as basic technology, written and verbal ability at a level normally acquired through completion of a bachelor’s/associate degree in business administration, liberal arts with an emphasis in English, or a related discipline. 
    ◾Minimum of five years’ experience as an assistant to senior management in a position requiring tact, poise, direct telephone contacts, and ability to work with highly confidential material. 
    ◾Legal Department or law firm experience preferred. Banking or other equivalent business experience a plus. Experience with electronic records portals such as BoardVantage a plus. 
    ◾Must possess exceptional organizational skills, the ability to prioritize, and be detail- oriented. 
    ◾Typing speed of 60-65 WPM with a high degree of accuracy and proficiency using
    ◾Microsoft Word. Proficient in Microsoft Excel and PowerPoint. 
    ◾Excellent written and oral communication skills. 
    ◾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 and overtime as needed.


    FHLBank INDIANAPOLIS is an Equal Opportunity Employer.
    Apply Now
  • Assistant General Counsel and Corporate Secretary

    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity for a highly motivated individual to join our legal team. The Ass​istant General Counsel and Corporate Secretary is responsible for assisting with Board meetings, Board elections, preparing minutes, and maintaining Board records; as well as providing legal advice to internal clients, reviewing contracts, handling insurance procurement, and claims matters, as well as other duties as assigned.

    The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time.

    Specific Responsibilities:
    • Acts as Corporate Secretary, Attends meetings of the Board of Directors and takes all minutes. Oversees board meeting scheduling/planning, agenda preparation, Board regulatory compliance, director elections and other governance matters as assigned by the Board or the General Counsel. Prepares and oversees distribution of minutes and assists with Director portal. Maintains Bank’s cumulative Board agenda and coordinates with Compliance on policy management.
    • Oversees and coordinates Bank’s insurance procurement process and handles insurance-related matters, including claims filings.
    • As directed by the General Counsel, advises senior management and renders options on legal matters affecting the Bank’s operations. Consults with and advises various managers on legal issues affecting their departments.
    • Drafts or review contracts of various types, and other legal projects and duties as assigned.
    Position Requirements
    • JD degree and admitted to practice law in Indiana.
    •  Knowledge of corporate governance practices, banking law, and general corporate law. Familiarity with online document portals such as BoardVantage a plus.
    • Minimum of three years corporate legal experience, preferably in-house.
    • Strong verbal and written communication skills, ability to communicate and interact effectively with managers, peers, boards of directors and outside consultants with tact and succinctness.
    • Ability to work independently and exhibit initiative; Ability to work full time and overtime as necessary.
    • Must not have been convicted of any criminal or civil charge that would suggest a risk to Bank security.


      FHLBank INDIANAPOLIS is an Equal Opportunity Employer
    Apply Now
  • Information Security Analyst II

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    The Federal Home Loan Bank of Indianapolis (FHLBI) has an exciting opportunity for a highly motivated individual to join our Information Security team. The Information Security Analyst II is responsible for supporting the Information Security team to ensure the program adequately identifies measures monitors and evaluates information security and cyber security risks. The Analyst will interact with members of management across the Bank to understand and the security control environment and associated risks. This position will assist with identifying, evaluating and reporting on information security risks to management, program stakeholders and the Bank’s Board of Directors.

    The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time.



    Specific Responsibilities:

    •Assist with implementing aspects of the Information Security Risk Management Program related to identification, measurement, monitoring and reporting on security related risks. Examples include: data classification, security metrics, system risk assessments, third party system risk assessments, etc.
    •Assist in monitoring management action plans and security exceptions identified as part of risk assessments or self-reported by management.
    •Assist with administering program assessments related to internal or third party security implementation.
    •Assist with preparing and analyzing trends and themes noted in metrics and assessments.
    •Assist in preparation of reports for distribution to Bank management and committees, such as the Information Security Steering Committee, Risk Committee and Risk Oversight Committee.
    •Intelligence Gathering – Utilizes cyber intelligence methodology to gather data and share that information with others.
    •Analyze security information – The ability to review and independently assess outputs from security reports and make independent recommendations to Bank management.



    Position Requirements:

    •Bachelor’s degree in management and/or information technology with a minimum of two years’ experience relevant to audit, compliance or risk management related to information systems, information security in a financial services environment.
    •Self-starter, strong analytical and critical thinking skills.
    •Strong verbal and written communication and presentation skills, including the ability to interact with all levels of staff in a professional/tactful manner.
    •Ability to consistently meet deadlines while simultaneously managing multiple projects with strong work ethic.
    •Detail-oriented, ability to assume complex assignments with minimal direction.
    •Ability to create, edit, format and publish documents in Microsoft Office Products. Experience in utilizing Governance, Risk and Compliance software platforms is a plus.
    •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
  • Collateral Portfolio and Valuation Analyst

    The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our team. The Collateral Portfolio and Valuation Analyst maintains the residential and commercial whole loan pricing model by performing regular and as needed assumption updates, prepares whole loan collateral benchmarking 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.  
    Apply Now