Lending Officer

Federal Home Loan Bank of Indianapolis • Indianapolis, IN

1d • Hybrid

About The Position

FHLBank Indianapolis is a bank for banks, credit unions, community development financial institutions, and insurers across Indiana and Michigan, with a core mission to provide reliable liquidity to member institutions to support housing finance and community development. The organization also assists in meeting economic and housing needs through grants and subsidized advances. The Lending Officer manages the daily operations of the Bank’s main line of business. This involves consulting with senior officers of member financial institutions regarding the Bank’s credit products and initiating loans (advances), lines, letters of credit, and other products to assist members with their funding and risk management needs. The role also ensures member compliance with the Bank’s capital plan and is responsible for all member stock purchases, redemptions, repurchases, and stock offerings. The company emphasizes viewing employees as their greatest asset, is dedicated to community involvement, and promotes equal opportunity, an inclusive culture, learning and development, and employee engagement.

Requirements

• Bachelor’s degree in Business Administration, Accounting, Finance, Economics, or Management.
• Minimum of four years’ experience working with or directly in a financial institution, preferably in capital markets, lending, or financial analysis.
• Must have excellent verbal and written communication skills and the ability to interact with top management of the Bank and our members.
• Proficiency with MS Office applications.
• Ability to make decisions in unprecedented situations and coordinate multiple tasks simultaneously.
• Must be detail-oriented and possess excellent analytical abilities.
• 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 uphold and model the Bank’s Guiding Principles.

Nice To Haves

• MBA preferred.

Responsibilities

• Consults with senior officers of our member institutions regarding the Bank’s credit programs, pricing, alternatives, and other details to assist them in meeting their funding and risk management needs.
• Communicates Bank policies regarding credit products to members and makes the initial credit risk determination in regards to a member’s ability to access Bank products.
• Reviews and executes advance requests, collaborates with Treasury in regard to pricing, manages transaction information in system to minimize operational risk, and produces advances documentation to recommend approval or denial of the credit extension to the Associate Director, Advances and senior leaders of the Business Development department.
• Supports inside sales by assisting account managers in sales calls and participates in member events, as needed.
• Assist members on the restructuring of existing advances.
• Negotiates letter of credit contractual details to provide members with additional opportunities to enhance offerings to their customers and assist them in managing risk.
• Works with letter of credit trustees, cash management group, and the Financial Controls to process letter of credit draws and to determine if a sight draft is properly presented per the terms of the instrument.
• Manages the member-owned capital stock transactions for the Bank, including purchases, redemptions, stock dividends, and repurchases, pursuant to the Bank’s capital plan.
• Ensures all capital stock transactions conform to federal regulations and statutes.
• Calculates member stock requirements and communicates requirements to member institutions as part of the annual capital stock verification required by the Capital Plan.
• Assists members with capital stock requirement questions and processes daily stock purchases for credit product and AMA transactions.
• Assist in the review of pricing from other wholesale funding sources for monitoring and comparative purposes.
• Helps facilitate credit product promotional activities including advances specials and coordinates the delivery of specials with Business Development staff, Treasury, and other Bank functional areas.
• Process and develop regularly scheduled and ad hoc reports related to credit products, capital stock, and membership to be used internally as well as supplied to external stakeholders including the Finance Agency.
• Utilizes Excel spreadsheet and Access databases when necessary to prepare information for distribution.
• Maintains all controls and documentation related to internally developed end user computing applications to reduce operations risk.
• Coordinates and develops related processes such as business continuity planning and implementation.
• Works with the information technology teams in testing changes to transaction systems and improvements to enhance the departments’ ability to process credit products and manage capital stock.
• Spearhead the research and development of new credit products through product research, participating in meetings/conference calls with impacted stakeholders, and with assistance from the Associate Director, Advances, the Chief Business Development Officer, and the Business Development department.
• Additional 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 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: Senior
• Number of Employees: 101-250 employees