Credit and Collateral Risk Intern

Posted 3 Days Ago
Be an Early Applicant
Indianapolis, IN
In-Office
15-20 Hourly
Internship
Financial Services
The Role
The intern will conduct credit reviews, analyze data for risk exposure, prepare reports, and collaborate with teams on risk management projects.
Summary Generated by Built In

Are you ready to turn your classroom knowledge into real-world experience?
Do you enjoy collaborating with others and working as part of a team? If so, the Federal Home Loan Bank of Indianapolis (FHLBank) invites you to apply for our 2026 Summer Internship Program!

We’re looking for well-rounded, motivated students to join us for a 10-week paid internship where you’ll gain hands-on experience, build your professional network, and develop valuable skills in a dynamic business environment.

What You’ll Experience

As a Credit and Collateral Risk intern at FHLBank, you’ll:

  • Conduct comprehensive written credit reviews for member institutions to assess financial health and risk exposure.

  • Collaborate on the preparation, formatting, and timely distribution of detailed credit and risk reports.

  • Aggregate and analyze large data sets to identify trends, anomalies, and actionable insights.

  • Perform specialized analyses to support remediation of internal and external findings, ensuring compliance and risk mitigation.

  • Partner with cross-functional teams to improve processes and strengthen risk management practices.

  • Apply strong problem-solving and communication skills to collaborate across teams and present analytical results effectively

  • Contribute to meaningful projects that align with your field of study

  • Gain exposure to the finance and banking industry

  • Participate in team-building activities, a group project, a community service event, and professional development sessions (including dining etiquette!)

Who We’re Looking For

We’re seeking students who:

  • Have completed at least their sophomore year of undergraduate studies. Graduate students encouraged to apply!

  • Are majoring in Finance, Business, Accounting, Economics

  • Communicate effectively, both in writing and verbally

  • Work well independently and in team settings

  • Are detail-oriented, organized, and eager to solve problems

Program Highlights

  • 10-week paid internship: Mon, June 1 to Fri, August 7

  • Flexible hybrid workforce model: Onsite three days a week and two days remote.

  • Competitive hourly rate

  • “Dress for your day” dress code: You choose the appropriate work attire based on what your day looks like.

  • Professional development and networking opportunities

  • Inclusive and collaborative work environment

Ready to apply? Submit your resume and cover letter. We look forward to learning more about you!

The Federal Home Loan Bank of Indianapolis is an Equal Opportunity Employer.

Top Skills

Credit Risk Management
Data Analysis
Financial Analysis
Risk Reporting
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The Company
HQ: Indianapolis, IN
327 Employees
Year Founded: 1932

What We Do

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.

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