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Federal Home Loan Bank of Indianapolis (FHLBI) · 1 week ago

Collateral Operations Analyst

Indianapolis, IN

Full-time

Hybrid

Entry, Mid Level

$72K/yr - $84K/yr

2+ years exp

Federal Home Loan Bank of Indianapolis (FHLBI) is a cooperative that provides liquidity to member institutions to support housing finance and community development. The Collateral Operations Analyst is responsible for daily collateral operations, ensuring that all credit products are adequately secured against loss and assisting members with collateral-related inquiries.

BankingFinancial ServicesInsuranceVenture Capital

Comp. & Benefits

H1B Sponsor Likely

Responsibilities

Assist members in pledging and releasing securities (government & agency securities, private mortgage-backed securities, commercial real estate and 2nd mortgages backed securities, municipal securities) and cash (FHLBI Deposits & FHLBI CDs) collateral, and with submitting loan collateral (1-4 family, multifamily, commercial real estate (CRE), home equity, mortgage loan participations, farm real estate loans and small business loans) information to the Bank, via the Member Link Portal, including new submissions (“adds”) and regular updates to existing collateral data

Assist members on all collateral related inquiries including, but not limited to, collateral reports, member link portal, self-service, etc

Review daily processing of collateral information including the market valuation process to ensure members have adequate collateral coverage for outstanding credit products

Collaborate with account managers to provide members with holistic service and contribute all collateral-specific information on the Team Sales/Business Development meetings

Collaborate with business development team members, as needed, for member outreach related to collateral accounts

Have the ability, drive and mindset to work with members, in fulfilling their collateral needs and facilitating the conversation with other stakeholders, as needed

Responsible for all monthly and quarterly reporting as requested internally by the Bank

Advise members about assets eligible as collateral. Determine the appropriateness and adequacy of collateral for all member institutions. Communicate with members that need to pledge additional collateral. Suggest/recommend changes in collateral status levels, when necessary, based on member-requests

Coordinate the collateral delivery process. Work with the Bank’s safekeeping department or third-party custodians, as necessary

Monitor various collateral reports to assist management in analyzing the composition of assets pledged to the Bank

Responsible for collateral aspects of member mergers and loan securitizations (special releases)

Assist with development and testing of new collateral-related software systems or enhancements as needed. Make recommendations to improve functionality

Qualification

Mortgage Industry KnowledgeFinancial AnalysisCollateral ManagementMicrosoft ExcelCommunicationTeamworkProblem-SolvingAdaptability

Required

Bachelor's degree in Business Administration, Accounting, or Finance

Minimum of two years' experience working with, or directly in a financial institution, preferably in a data processing, lending, financial analysis, or customer service function

Possess excellent oral and written communication skills and the ability to interact with Bank staff and members in customer service and problem-solving situations

Detail-oriented and possess excellent analytical abilities

Able to establish priorities, organize workflow, and complete assigned projects and daily tasks independently

Ability to use computer tools such as Microsoft Excel and other applications to analyze financial data

Must not have been convicted on 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

Preferred

Advanced degree in a business field is desirable

Benefits

Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!

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 (you read that right) 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.

Company

Federal Home Loan Bank of Indianapolis (FHLBI)

The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is one of 11 independent regional cooperative banks across the U.S.

Founded in 1932

Indianapolis, Indiana, USA

201-500 employees

https://www.fhlbi.com

H1B Sponsorship

Federal Home Loan Bank of Indianapolis (FHLBI) has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (5)

2024 (6)

2023 (9)

2022 (7)

2021 (4)

2020 (5)