Federal Home Loan Bank of Indianapolis (FHLBI) · 11 hours ago
AHP Compliance Specialist
Indianapolis, IN
Full-time
Onsite
Entry Level
$64K/yr - $75K/yr
1+ years expFederal Home Loan Bank of Indianapolis (FHLBI) is seeking an AHP Compliance Specialist responsible for the implementation and administration of the Affordable Housing Program. The role involves assisting with program development, outreach activities, and ensuring compliance with policies and regulations.
BankingFinancial ServicesInsuranceVenture Capital
Responsibilities
Assist in preparing and testing the AHP application and related forms for accuracy and consistency with the implementation plan
Make recommendations for changes to the AHP Implementation plan including scoring components, threshold requirements, and policies
Provide input on program timelines
Assist in the development of program materials and resources
Perform scoring and financial analysis of AHP project applications
Review and make recommendations for internal monitoring policies and procedures
Assist in preparing for and providing training, presentations, webinars, and technical assistance to external partners including member banks, non-profit housing providers, for-profit developers, consultants, and other customers utilizing the AHP
Support internal and external customers with program-related questions
Represent the Bank at groundbreakings, ribbon cuttings, workshops, and conference events
Collaborate with CID staff in identifying needed updates/enhancements to FHLBI.GIVES, Webi, and other program management systems and reporting mechanisms
Ensure partners and developments adhere to statutory restriction and Community Investment Department policies and procedures including identification of potential fraud or deliberate misrepresentation by program users, members, or Bank staff
Performs disbursement, monitoring, and compliance functions consisting of comprehensive analysis and assessment of multi-family and single-family rental and homeownership development proposals for financial feasibility and programmatic compliance
Processes and makes recommendation for approval of modification and extension requests
Collects and analyzes data on income, targeting, and special needs households
Maintains knowledge of regulatory changes and housing industry trends
Additional duties as assigned
Qualification
Required
Bachelor's degree in Accounting, Finance, Business Administration, Real Estate, Urban Planning, Public Affairs or other closely related fields
One to three years' of professional business experience analyzing and interpreting housing development, budgets, financial structures, operating pro-formas, and regulatory agreements
Knowledge and experience underwriting or administering public and private funding sources including Low-Income Housing Tax Credits, HOME, CDBG, Development Fund, HUD, USDA, and private mortgage lending products
Must possess exceptional organizational skills, the ability to prioritize and manage multiple priorities, and be detail oriented
Excellent written and oral communication skills including public speaking
Possesses sound judgment and excellent customer service skills to handle sensitive situations with tact and diplomacy
Intermediate level expertise of Microsoft Office products
Availability for occasional overnight travel
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
Benefits
Annual incentive award opportunities
Retirement benefits
Health and welfare or other ancillary benefits
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.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Brendan McGrath
President and CEO
Cindy Konich
EVP - COO - CFO
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