Federal Home Loan Bank of Indianapolis (FHLBI)
Collateral Operations Analyst
Federal Home Loan Bank of Indianapolis (FHLBI), Indianapolis, Indiana, us, 46262
About Us
We are a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan, providing reliable liquidity to support housing finance and community development. Our mission is to assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.
Our Culture We view employees as our greatest asset, dedicate ourselves to making a difference in the community, and encourage volunteerism. We prioritize equal opportunity, inclusivity, learning and development, unique ideas, and employee engagement.
Benefits
Flexible hybrid workforce model: Onsite three days a week and two days remote. Remote flex days available.
Competitive pay and total rewards.
Industry‑high 401(k) match: up to 6% plus an additional 4% contribution.
Tuition reimbursement assistance.
Student loan repayment assistance.
Comprehensive benefits package: medical, dental, vision, and pet insurance.
Generous time off: vacation, paid federal holidays, birthday month floating holiday, volunteer day, and summer hours program.
Dress code: “Dress for your day” – choose appropriate attire based on your schedule.
Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!
Purpose The Collateral Operations Analyst is responsible for daily collateral operations to ensure that all credit products are adequately secured against loss. The role works with member financial institutions to assure that borrowings are fully collateralized and in full compliance with FHFA regulations and Bank policies. This description is not exhaustive and may be amended at any time.
Specific Responsibilities
Assist members in pledging and releasing securities (government & agency securities, private mortgage‑backed securities, commercial real estate and second mortgage backed securities, municipal securities) and cash (FHLBI Deposits & CDs) collateral, and submit loan collateral information via the Member Link Portal.
Assist members with all collateral‑related inquiries, including collateral reports, Member Link portal, and self‑service.
Review daily processing of collateral information, ensuring adequate collateral coverage for outstanding credit products.
Collaborate with account managers and business development teams to provide holistic service and contribute collateral information to sales/business development meetings.
Work with members to fulfill collateral needs and facilitate conversations with other stakeholders.
Prepare monthly and quarterly reporting as requested internally.
Advise members on assets eligible as collateral and determine appropriateness and adequacy.
Coordinate collateral delivery process with the Bank’s safekeeping department or third‑party custodians.
Monitor collateral reports to assist management in analyzing pledged asset composition.
Handle collateral aspects of member mergers and loan securitizations.
Assist with development and testing of new collateral‑related software systems or enhancements, making recommendations for improvement.
Competencies Business
Mortgage industry knowledge
Member focus
Research oriented
General
Decision making/judgement
Adaptability/flexibility
Initiative
Analytical
Problem‑solving skills
People
Communication
Teamwork/support
Listening skills
Position Requirements
Bachelor’s degree in Business Administration, Accounting, or Finance. Advanced degree desirable.
Minimum of two years’ experience in a financial institution, preferably in data processing, lending, financial analysis, or customer service.
Excellent oral and written communication skills and ability to interact with Bank staff and members.
Detail‑oriented with strong analytical abilities.
Ability to establish priorities, organize workflow, and complete projects independently.
Proficiency with Microsoft Excel and other applications to analyze financial data.
No convictions on any civil or criminal charge that would pose a risk to Bank security.
Ability to work full‑time.
Commitment to uphold and model the Bank’s Guiding Principles.
Hiring Range: $72,000 - $84,000
FHLBank Indianapolis is an Equal Opportunity Employer.
#J-18808-Ljbffr
Our Culture We view employees as our greatest asset, dedicate ourselves to making a difference in the community, and encourage volunteerism. We prioritize equal opportunity, inclusivity, learning and development, unique ideas, and employee engagement.
Benefits
Flexible hybrid workforce model: Onsite three days a week and two days remote. Remote flex days available.
Competitive pay and total rewards.
Industry‑high 401(k) match: up to 6% plus an additional 4% contribution.
Tuition reimbursement assistance.
Student loan repayment assistance.
Comprehensive benefits package: medical, dental, vision, and pet insurance.
Generous time off: vacation, paid federal holidays, birthday month floating holiday, volunteer day, and summer hours program.
Dress code: “Dress for your day” – choose appropriate attire based on your schedule.
Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!
Purpose The Collateral Operations Analyst is responsible for daily collateral operations to ensure that all credit products are adequately secured against loss. The role works with member financial institutions to assure that borrowings are fully collateralized and in full compliance with FHFA regulations and Bank policies. This description is not exhaustive and may be amended at any time.
Specific Responsibilities
Assist members in pledging and releasing securities (government & agency securities, private mortgage‑backed securities, commercial real estate and second mortgage backed securities, municipal securities) and cash (FHLBI Deposits & CDs) collateral, and submit loan collateral information via the Member Link Portal.
Assist members with all collateral‑related inquiries, including collateral reports, Member Link portal, and self‑service.
Review daily processing of collateral information, ensuring adequate collateral coverage for outstanding credit products.
Collaborate with account managers and business development teams to provide holistic service and contribute collateral information to sales/business development meetings.
Work with members to fulfill collateral needs and facilitate conversations with other stakeholders.
Prepare monthly and quarterly reporting as requested internally.
Advise members on assets eligible as collateral and determine appropriateness and adequacy.
Coordinate collateral delivery process with the Bank’s safekeeping department or third‑party custodians.
Monitor collateral reports to assist management in analyzing pledged asset composition.
Handle collateral aspects of member mergers and loan securitizations.
Assist with development and testing of new collateral‑related software systems or enhancements, making recommendations for improvement.
Competencies Business
Mortgage industry knowledge
Member focus
Research oriented
General
Decision making/judgement
Adaptability/flexibility
Initiative
Analytical
Problem‑solving skills
People
Communication
Teamwork/support
Listening skills
Position Requirements
Bachelor’s degree in Business Administration, Accounting, or Finance. Advanced degree desirable.
Minimum of two years’ experience in a financial institution, preferably in data processing, lending, financial analysis, or customer service.
Excellent oral and written communication skills and ability to interact with Bank staff and members.
Detail‑oriented with strong analytical abilities.
Ability to establish priorities, organize workflow, and complete projects independently.
Proficiency with Microsoft Excel and other applications to analyze financial data.
No convictions on any civil or criminal charge that would pose a risk to Bank security.
Ability to work full‑time.
Commitment to uphold and model the Bank’s Guiding Principles.
Hiring Range: $72,000 - $84,000
FHLBank Indianapolis is an Equal Opportunity Employer.
#J-18808-Ljbffr