Credit and Collateral Risk Intern

Federal Home Loan Bank of Indianapolis•Indianapolis, IN

1d•Hybrid

About The Position

The Federal Home Loan Bank of Indianapolis (FHLBank) is hiring a Credit and Collateral Risk Intern for its 2027 Summer Internship Program. This 10-week paid internship offers hands-on technical experience, professional skills development, and networking opportunities. Interns join a cohort of 11 across multiple departments, participate in collaborative activities, and work with their assigned teams. Interns must be located in Indianapolis for the duration of the program and follow a hybrid schedule of three days in the office and two days remote each week. The Credit and Collateral Risk team handles valuation, overcollateralization, loan verification, analytics, and reporting for assets pledged as collateral to support credit products. The intern will support credit risk assessments and collateral valuation, conduct financial reviews, and lead a special internship project focused on process improvements or strategic initiatives. The program also includes team-building activities, a group project, a community service event, and professional development sessions.

Requirements

Be actively enrolled in an undergraduate or graduate degree program.
Have completed at least the sophomore year of undergraduate studies; graduate students are encouraged to apply.
Major in MBA, Data Analytics, Finance, Economics, or Accounting.
Communicate effectively in writing and verbally.
Work well independently and in team settings.
Be detail-oriented, organized, and eager to solve problems.
Be located in Indianapolis throughout the program and commit to a hybrid schedule of three days in office and two days remote each week.

Responsibilities

Support daily credit risk assessments and collateral valuation analysis, ensuring accurate and timely reporting to inform business decisions.
Conduct ad hoc reviews and in-depth financial analysis to identify trends, risks, and opportunities.
Lead and deliver a special internship project, contributing to process improvements or strategic initiatives.
Collaborate across teams and present analytical results effectively.
Contribute to projects aligned with the intern’s field of study.
Participate in team-building activities, a group project, a community service event, and professional development sessions.