Analyst, Community Investment Compliance- I

Company: Federal Home Loan Bank of Indianapolis
Location: Indianapolis
Posted on: May 29, 2023

Job Description:

Don't let our name scare you, we are not your average bank.

With nearly a century of service, FHLBI is one of 11 independent regional cooperative banks across the U.S. Simply put, we're a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. As a cooperative, we are dedicated to strengthening communities throughout our region.

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 diversity, equity and inclusion, 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 two days a week and three days remote. We offer a fully remote schedule the week of Thanksgiving and last two weeks in December!
• You even get a $500 work from home (WFH) stipend to build your home office!
• 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.
  
  Purpose:
  
  The Community Investment Compliance Analyst I assists department staff and managers in the administration and operational functions of the Bank's Affordable Housing Programs to ensure compliance with federal regulations, program policies and Bank procedures.
  
  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 of persons so classified. The Bank reserves the right to alter or amend this description at any time.
  
  Specific Responsibilities:
  
  • Assist with the registration and maintenance of users for our online application modules.
  • Provide technical assistance to customer institutions and housing organizations with the process of applying for any of the AHP grants, submitting funding requests, ensuring monitoring and compliance requirements are met.
  • Intake and outflow of grant related materials received from customers and dissemination of communications relating thereto. Includes data-entry of program agreements, disbursement requests, modifications, extensions into database and verifying compliance with program guidelines.
  • Support fulfillment of department's recurring regulatory deadlines include but not limited to compliance with records retention policies.
    • Reconciliation of monthly GL accounts and annual round calculation prep for management approval.
    • Oversee the implementation of the bi-annual Community Support Program.
    • Assists with the operations aspects of all AHP programs application rounds including: forms, posting materials to company website, participant training, application intake, file setup and maintenance including communications to grant recipients.
    • Assists in the preparation of materials for internal and external audits. Supports department in self-audit/examination exercises as determined by managers. Validates data for accuracy for DRM and other FHFA reporting as required from time to time.
    • Assists in the internal monitoring of policies and procedures and customer facing training guides for annual updates and refreshes as indicated by program or system changes.
    • Collaborates with other department analysts, establishes follow-up parameters for correspondence due regarding homeownership and AHP activity, and conducts comprehensive analysis of documents and data for compliance with regulation and policy.
    • Aid in the upkeep of department contacts and other information in CRM.
    • Aid the communications department with program details to be used in technical materials, newsletters, guides and other instructional materials. Participates in outreach activities and project-specific celebration events and presents program requirements at consultations, workshops and other education events.
    • Will perform other special projects and duties as assigned.
      
      Position Requirements:
      
      • Bachelor's Degree with a focus in either Accounting, Finance, Business Administration, Urban Planning 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 be able to work full time.
      • Ability to uphold and model the bank's guiding principles.
        
        FHLBank Indianapolis is an Equal Opportunity Employer.

Keywords: Federal Home Loan Bank of Indianapolis, Indianapolis , Analyst, Community Investment Compliance- I, Accounting, Auditing , Indianapolis, Indiana