Is it a Bank? A cooperative? A leader in affordable housing? We are all those things and more!
Our core mission at FHLBank Indianapolis is to provide reliable and readily available liquidity to our member institutions to support housing finance and community development. Simply put, we’re a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. We also assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.
But enough about us, let’s talk about you.
Are you looking for a company that views their employees as their greatest asset?
A company that’s dedicated to making a difference in the community? So much so they pay their employees to volunteer?
Do you want to join a talented workforce that prioritizes equal opportunity within an inclusive culture, and promotes learning and development, unique skills/ideas, and employee engagement?
If you’ve said yes to these questions, then we might be a match!
Here is what we offer:
Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!
Fantastic, competitive pay and total rewards
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.
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 CID Compliance Specialist will assist with the management and monitoring of simple to complex compliance issues for the Bank’s Affordable Housing Program (AHP) and Community Investment Homeownership and Voluntary initiatives. The position will regularly report to management trends and findings. Provide administrative and customer service support in the offering of various regulated affordable housing programs, as well as Bank sponsored voluntary programs.
The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required ofpersons so classified. The Bank reserves the right to alter or amend this description at any time.
Specific Responsibilities:
Responsible for providing programmatic assistance to financial institutions, non-profit and for-profit housing development partners and building owners/operators regarding the use of various Bank housing programs.
Ensures 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 housing initiatives and programming within CID.
Assists in preparation of reports for submission to senior management and associated committees, internal audit and FHFA examinations.
Uses internal and external feedback to consider changes to Community Investment programs including scoring components and policies.
Assists and tests forms for accuracy and consistency with program guidelines
Maintains knowledge of regulatory changes and housing industry trends.
Helps develop and present program materials used in presentations for workshops, webinars and other training events to various organizations that use Bank housing programs.
Manages CID’s CRM, customer management system. Responsible for additions, removals and overall system management.
Monitors and manages e-mail inboxes for CID ensuring communication is coordinated to the correct department contact.
Supports CID staff with event planning and travel coordination.
Assists with processing new member and system user registration, including verifying authorized signers and obtaining proper approvals for system access.
Contacts members regarding incomplete data and provides appropriate follow-up.
Have a working knowledge of Voluntary, AHP, and Set-asides program requirements with the ability to apply those requirements and apply to funding requests during funding round.
Will perform other projects and duties as assigned.
Competencies:
Business
Industry knowledge
Technology
General
Decision Making/Judgement
Attention to detail
Productivity/Initiative
Dependability
People
Communication
Position Requirements:
Bachelor’s Degree with a focus in either Accounting, Finance, Business Administration, Urban Planning, Public Policy, Real Estate or Affordable Housing.
Basic technical skills with Microsoft Office applications.
Participate in department’s cross-training exercises to ensure functions have adequate back up staff.
Communicate and interact effectively with management, peers and supervisors.
Adhere to workplace rules and policies.
Work with management to achieve personal and department goals.
Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.
Must be able to work full-time.
Ability to uphold and model the Bank’s Guiding Principles.
Hiring Range: $64,000 - 75,000
Hiring ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.
FHLBank Indianapolis is an Equal Opportunity Employer.