About the role#
The Market Risk Intern joins the Enterprise Risk Management department at the Federal Home Loan Bank of Indianapolis. This 10-week summer program provides hands-on experience in how banks manage market risk. You will support the team by providing financial and analytical information to bank management. This is a full-time, paid position designed to help you build technical and professional skills.
What you'll do#
- Gain exposure to the valuation of financial instruments, financial models, market rates, and risk metrics.
- Work with system solutions that rely on Python, Power BI, and MS Excel.
- Learn the fundamentals of how banks manage market risk and gain insight into the broader finance and banking industry.
- Participate in a cohort-based group project, team-building activities, professional development sessions, and a community service event.
What you'll need#
- Active enrollment in an undergraduate or graduate degree program, having completed at least your sophomore year.
- A major in Mathematics, Data Analytics, Finance, Economics, or another quantitative field.
- Strong written and verbal communication skills.
- The ability to work well both independently and in team settings.
- A detail-oriented and organized approach to problem solving.
Location & details#
- This internship is based in Indianapolis, Indiana.
- The program operates on a hybrid schedule, requiring you to be in the office three days a week and working remotely for two days.
- The internship lasts for 10 weeks during the summer of 2027.
About Federal Home Loan Bank of Indianapolis (FHLBI)
The Federal Home Loan Bank of Indianapolis is a regional cooperative bank founded in 1932. It operates as one of 11 independent banks in the United States and is owned by member financial institutions in Indiana and Michigan. The organization provides liquidity to its members through advances and mortgage programs to support housing finance and community lending. It maintains a staff of 201 to 500 employees at its headquarters in Indianapolis.
How to get in at Federal Home Loan Bank of Indianapolis (FHLBI)
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