Credit and Collateral Risk Intern
About The Position
The Federal Home Loan Bank of Indianapolis is hiring a Credit and Collateral Risk Intern for its 2027 Summer Internship Program. This is a 10-week paid internship running from June to August. 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 gain hands-on experience in finance and banking, contribute to projects related to their field of study, and complete a special internship project. Interns participate in a cohort of 11, with collaborative group activities, team-building, a group project, a community service event, professional development sessions, and networking opportunities. 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 workplace offers a “dress for your day” dress code and an inclusive, collaborative environment.
Requirements
- Be actively enrolled in an undergraduate or graduate degree program.
- Have completed at least the sophomore year of undergraduate studies.
- Be majoring 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 during the program and commit to a hybrid schedule of three days onsite and two days remote each week.
Nice To Haves
- Graduate students are encouraged to apply.
Responsibilities
- Support daily credit risk assessments and collateral valuation analysis, ensuring accurate and timely reporting for business decisions.
- Conduct ad hoc reviews and in-depth financial analysis to identify trends, risks, and opportunities.
- Lead and deliver a special internship project that demonstrates analytical skills and contributes to process improvements or strategic initiatives.
- Collaborate across teams and present analytical results effectively.
- Contribute to meaningful 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.
Benefits
- Paid 10-week internship
- Competitive hourly rate
- Professional development and networking opportunities
- Inclusive and collaborative work environment
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What This Job Offers
Job Type
Full-time
Career Level
Intern
Education Level
No Education Listed
