Collateral Management Analyst

3 weeks ago


Marquand, Missouri, United States Federal Home Loan Bank of Indianapolis Full time
Join a Unique Financial Institution

At the Federal Home Loan Bank of Indianapolis, we pride ourselves on being more than just a traditional bank. With nearly a century of dedicated service, we support banks, credit unions, community development financial institutions, and insurers throughout Indiana and Michigan. Our cooperative model emphasizes community strength and engagement.

What We Value in You

Are you seeking an organization that recognizes its employees as its most valuable resource?

Do you want to work for a company that actively contributes to community betterment, even offering paid volunteer time?

Are you interested in joining a diverse and inclusive workforce that fosters personal and professional growth, encourages unique perspectives, and promotes employee involvement?

If you answered yes, we could be the right fit for you.

Our Offerings:
  • Flexible hybrid work model: Three days in the office and two days remote, plus five fully remote weeks each year.
  • Competitive compensation and comprehensive rewards.
  • Generous 401(k) matching: Up to 6% with an additional 4% contribution.
  • Tuition reimbursement: Support for your ongoing education and development.
  • Student loan repayment assistance: We help you manage your student debt.
  • Comprehensive benefits package: Includes medical, dental, vision, and even pet insurance.
  • Generous leave policies: Vacation, paid federal holidays, a floating holiday for your birthday month, volunteer days, and summer hours.
  • Flexible dress code: Dress according to your day's requirements.
We encourage all candidates to apply, even if you do not meet every requirement listed. You may be the perfect fit for this role.

Role Purpose:

This position plays a crucial role in daily collateral operations, ensuring that all credit products are sufficiently secured against potential losses. You will collaborate with member financial institutions to ensure that borrowings are fully collateralized and compliant with regulatory standards and internal policies.

Key Responsibilities:
  • Assist members in pledging and releasing securities and cash collateral, and in submitting loan collateral information to the Bank, including new submissions and updates to existing data.
  • Review daily collateral processing, including market valuation, to ensure adequate coverage for outstanding advances.
  • Advise members on eligible collateral assets, assessing the appropriateness and sufficiency of collateral for all member institutions, and communicate any need for additional pledging.
  • Coordinate the collateral delivery process, working with the Bank's safekeeping department or third-party custodians as necessary.
  • Monitor various collateral reports to assist management in analyzing the composition of pledged assets.
  • Handle collateral aspects of member mergers and loan securitizations.
  • Assist in the development and testing of new collateral-related software systems or enhancements as required.
Position Requirements:
  • Bachelor's degree in Business Administration, Accounting, or Finance; an advanced degree is preferred.
  • A minimum of two years' experience in a financial institution, ideally in data processing, lending, financial analysis, or customer service.
  • Excellent oral and written communication skills, with the ability to engage effectively with Bank staff and members.
  • Detail-oriented with strong analytical skills.
  • Able to prioritize tasks, organize workflow, and independently complete projects and daily responsibilities.
  • Proficient in using computer tools, including Microsoft Excel, for financial data analysis.
  • No civil or criminal convictions that pose a risk to Bank security.
  • Ability to work full-time and uphold the Bank's Guiding Principles.
FHLBank Indianapolis is an Equal Opportunity Employer.

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