Operational Risk Analyst
Federal Home Loan Bank of Indianapolis (FHLBI)Indianapolis, Indiana, United States
Posted April 9, 2026
74000 - 87000 USD
Full Time
About the Company
The Federal Home Loan Bank of Indianapolis (FHLBank Indianapolis) is one of 11 independent regional cooperative banks across the U.S. We’re privately capitalized and owned by our member banks, credit unions, community development financial institutions (CDFIs), and insurers across Indiana and Michigan. As a cooperative, we pass our borrowing benefits in the global debt markets on to our members in the form of lower borrowing costs, which are subsequently passed on to consumers, businesses and communities. Our core mission is to provide a reliable source of liquidity to member banks, credit unions, community development financial institutions, and insurance companies to support housing finance, asset-liability management, and community lending. We also help communities and families through grants and low-cost loans to our members that help support affordable housing and economic development initiatives.
Job Description
FHLBank Indianapolis is a bank for banks, credit unions, and other financial institutions, seeking an Operational Risk Analyst to support the Operational Risk Management Group in identifying, assessing, and reporting operational risks. The role involves interacting with process owners, analyzing data, and preparing reports for key stakeholders.
Requirements
- Bachelor’s degree
- 1-2 years' of operational risk, compliance, or audit experience in a financial services environment
- Detail-oriented and ability to assume complex assignments
- Proficient in Microsoft Office applications (Access and Excel) is preferred
- High degree of initiative, strong analytical skills, excellent oral and written communication skills
- Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations
- Ability to manage a variety of projects simultaneously
- 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
Benefits
- Flexible hybrid workforce model: onsite three days a week and two days remote
- Fantastic, 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
- 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
