Treasury Intern

Federal Home Loan Bank of Indianapolis; Indianapolis (IN); Hybrid; USD 25,000 - 39,000; Part time

Benefits offered by this job

Dress for your day

Professional development

Networking opportunities

Hybrid schedule (3 in-office/2 remote)

Cohort of 11 interns

Job summary

Federal Home Loan Bank of Indianapolis invites applications for its 2027 Summer Internship Program. The 10‑week paid internship offers hands‑on technical experience, networking, and development across departments while interns operate in a cohesive cohort.

Interns must be located in Indianapolis for the duration and follow a hybrid model of 3 days in office and 2 days remote each week, gaining exposure to Treasury and Investments teams and meaningful projects aligned with your studies.

Qualifications

• Actively enrolled in an undergraduate program.
• Have completed at least their sophomore year of undergraduate studies.
• Are majoring in Finance, Economics, Business, Accounting.
• Communicate effectively, both in writing and verbally.
• Work well independently and in team settings.
• Are detail‑oriented, organized, and eager to solve problems.

Responsibilities

• Perform daily rate calculations and reporting.
• Conduct second‑level approval of collateral submissions.
• Prepare and analyze the net swap exposure report.
• Fulfill ad hoc reporting requests as needed.
• Complete the annual member deposit analysis.
• Assist with the liquidity buffer review process.
• 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.

Skills

Finance

Economics

Business

Accounting

Communication

Teamwork

Education

Undergraduate student

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 Treasury team manages debt issuance, advance pricing, and liquidity management. Together with the Investments team, they ensure the Bank is positioned to generate stable spread income, protect member capital, and provide our members with reliable sources of liquidity.

• Perform daily rate calculations and reporting.
• Conduct second‑level approval of collateral submissions.
• Prepare and analyze the net swap exposure report.
• Fulfill ad hoc reporting requests as needed.
• Complete the annual member deposit analysis.
• Assist with the liquidity buffer review process.
• 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

• Are actively enrolled in an undergraduate program.
• Have completed at least their sophomore year of undergraduate studies.
• Are majoring in Finance, Economics, Business, Accounting.
• 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. The Federal Home Loan Bank of Indianapolis focuses on recruiting, hiring , developing, and retaining a talented workforce by providing an environment that enables them to succeed. Equal opportunity and an inclusive culture are essential to building and maintaining our competitive edge - and are key to our current and future individual and business successes. To provide bank staff with both personal and professional growth, FHLBank Indianapolis offers excellent training and mentoring programs. Our current qualified staff includes more than 200 people with a wide range of abilities and backgrounds.