CID Compliance Specialist

Federal Home Loan Bank of Indianapolis • Indianapolis, IN

3d • Hybrid

About The Position

The CID Compliance Specialist will assist with the management and monitoring of simple to complex compliance issues for the Bank’s Affordable Housing Program (AHP) and Community Investment Homeownership and Voluntary initiatives. The position will regularly report to management trends and findings. Provide administrative and customer service support in the offering of various regulated affordable housing programs, as well as Bank sponsored voluntary programs. 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.

Requirements

• Bachelor’s Degree with a focus in either Accounting, Finance, Business Administration, Urban Planning, Public Policy, Real Estate or Affordable Housing.
• Basic technical skills with Microsoft Office applications.
• Participate in department’s cross-training exercises to ensure functions have adequate back up staff.
• Communicate and interact effectively with management, peers and supervisors.
• Adhere to workplace rules and policies.
• Work with management to achieve personal and department goals.
• Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.
• Must be able to work full-time.
• Ability to uphold and model the Bank’s Guiding Principles.

Nice To Haves

• Competencies: Business Industry knowledge, Technology, General Decision Making/Judgement, Attention to detail, Productivity/Initiative, Dependability, People Communication

Responsibilities

• Responsible for providing programmatic assistance to financial institutions, non-profit and for-profit housing development partners and building owners/operators regarding the use of various Bank housing programs.
• Ensures partners and developments adhere to statutory restriction and Community Investment Department policies and procedures, including identification of potential fraud or deliberate misrepresentation by program users, members, or Bank staff.
• Performs disbursement, monitoring, and compliance functions consisting of comprehensive analysis and assessment housing initiatives and programming within CID.
• Assists in preparation of reports for submission to senior management and associated committees, internal audit and FHFA examinations.
• Uses internal and external feedback to consider changes to Community Investment programs including scoring components and policies.
• Assists and tests forms for accuracy and consistency with program guidelines
• Maintains knowledge of regulatory changes and housing industry trends.
• Helps develop and present program materials used in presentations for workshops, webinars and other training events to various organizations that use Bank housing programs.
• Manages CID’s CRM, customer management system. Responsible for additions, removals and overall system management.
• Monitors and manages e-mail inboxes for CID ensuring communication is coordinated to the correct department contact.
• Supports CID staff with event planning and travel coordination.
• Assists with processing new member and system user registration, including verifying authorized signers and obtaining proper approvals for system access.
• Contacts members regarding incomplete data and provides appropriate follow-up.
• Have a working knowledge of Voluntary, AHP, and Set-asides program requirements with the ability to apply those requirements and apply to funding requests during funding round.
• Will perform other projects and duties as assigned.

Benefits

• Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!
• Fantastic, competitive pay and total rewards
• Industry-high 401(k) match: up to 6% PLUS…an additional 4% contribution!
• Tuition reimbursement assistance: To help you continue to develop personally and professionally.
• Student loan repayment assistance: That’s right, we will help you repay outstanding student loans!
• Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!
• Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program
• "Dress for your day" dress code: You choose the appropriate work attire based on what your day looks like.
• Excellent training and mentoring programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 101-250 employees