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Modeling & Analytics Intern

Federal Home Loan Bank of IndianapolisIndianapolis, Indiana, United StatesOnsite

Are you interested in an internship that provides you an opportunity to turn your related coursework into real world business experiences?  Do you thrive on fostering collaboration with others and working with a team?   The Federal Home Loan Bank of Indianapolis is seeking well-rounded and motivated individuals to join our team for our summer internship program. The student filling this position will handle a wide range of important duties.
During FHLBank’s 10-week paid summer internship program, you will be provided the opportunity to gain first-hand knowledge in the finance industry, network with industry leaders in our field and develop your skills.  Interns participate in a variety of activities while on-site including group project work, teambuilding, a service project and dining etiquette, just to name a few.  We seek individuals who thrive in challenging and diverse environments, are motivated goal achievers and having a willingness to learn.

Primary Responsibilities:


  • Perform descriptive analytics regarding inputs and outputs for various models
  • Assist with testing and implementing various models, including code review
  • Ad-hoc projects might be related to specific projects, research and/or presentations
  • Ideally open to work individually but also on Team assigned tasks
  • Other duties as assigned

Position Requirements:

  • Effective written and oral communication skills
  • Ability to take instruction and work independently, as well as in a team setting.
  • Strong organizational skills with attention to detail
  • Analytical and problem-solving skills

Program Features & Requirements:

  • Interns are paid a competitive hourly rate.
  • Our intern program is for students that have completed at least their sophomore year.  Graduate students are highly encouraged to apply.
  • Applicants should be Statistics, Mathematics, or Quantitative Finance majors.

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


Life at Federal Home Loan Bank of Indianapolis

The Federal Home Loan Bank of Indianapolis is a wholesale bank that provides loans, grants, and business services to member financial institutions in Indiana and Michigan. We are one of twelve such banks in the Federal Home Loan Bank System established in 1932. FHLBanks are privately capitalized and funded, and receive no Congressional appropriations
Thrive Here & What We Value1. Dedicated to strengthening communities throughout our region2. Views employees as their greatest asset3. Promotes learning, development, diversity, equity, inclusion, unique skills/ideas, employee engagement4. Offers flexible hybrid workforce model (three onsite days and two remote)5. Provides competitive pay with industry-high 401(k) match up to 6% PLUS an additional 4% contribution6. Offers tuition reimbursement assistance, student loan repayment assistance7. Provides comprehensive benefits package including medical, dental, vision insurance, and pet insurance8. Generous time off (vacation, paid federal holidays, birthday month floating holiday, volunteer day, summer hours program)9. “Dress for your day” dress code policy10. Offers five fully remote weeks per year
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