Legal Intern

Federal Home Loan Bank of Indianapolis (FHLBI); Indianapolis (IN); Hybrid; USD 25,000 - 34,000; Full time

Job summary

The Federal Home Loan Bank of Indianapolis (FHLBank) invites you to apply for our 2027 Summer Internship Program, a 10-week paid internship in Indianapolis designed to provide hands-on legal experience and professional development within a financial services setting. Interns join a cohort across departments and work on real projects in a hybrid schedule (3 days in office, 2 days remote).

As a Legal Intern you’ll support the Legal team in areas such as member services, contract review, corporate

Qualifications

• Currently enrolled in an accredited Juris Doctor (JD) program.
• Undergraduate degree in Business is a plus.
• Communicate effectively, both in writing and verbally.
• Work well independently and in team settings.
• Are detail-oriented, organized, and eager to solve problems.

Responsibilities

• Provide broad, general support to the FHLBI Legal team.
• Assist bank attorneys across various practice areas, including member services, vendor management, and corporate governance.
• Contribute to specialized legal projects as assigned by the General Counsel.
• Apply strong problem-solving and communication skills to collaborate across teams.
• Gain exposure to the finance and banking industry.

Skills

Communication skills

Team collaboration

Problem solving

Education

Juris Doctor (JD) program

Undergraduate degree in Business (plus)

Job description

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 2027 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 technical experience in your field of study, opportunities to develop key professional skills, and valuable networking connections to support future career growth. Beyond traditional internship responsibilities, participants join a cohort of 11 interns across multiple departments, engaging in collaborative group activities while also working closely with their assigned teams to build essential technical and professional competencies. Interns must be located in Indianapolis during the duration of the program and be willing to commit to a hybrid schedule of 3 days in office/2 days remote each week.

What You’ll Experience

The Legal Department provides strategic legal guidance and counsel to the organization, helping manage legal risk while supporting business objectives and operations. The department advises on regulatory compliance, corporate governance, contracts, employment matters, and business transactions, ensuring the organization conducts its activities in accordance with applicable laws, regulations, and policies. By partnering with business leaders and stakeholders, the Legal Department develops practical legal solutions, protects the organization's interests, and supports sound decision‑making across the enterprise.

As a Legal Intern At FHLBank, You’ll

• Provide broad, general support to the FHLBI Legal team
• Assist bank attorneys across various practice areas, including:
• Member services (e.g., membership, credit, lending, and collateral issues)
• Vendor management (e.g., contract review and negotiation)
• Corporate governance (e.g., support for Board of Directors matters)
• Contribute to specialized legal projects as assigned by the General Counsel
• Apply strong problem‑solving and communication skills to collaborate across teams
• 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:

• Currently enrolled in an accredited Juris Doctor (JD) program
• Undergraduate degree in Business is a plus
• 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 from June to August
• 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

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