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Assistant or Associate General Counsel

Federal Home Loan Bank of Indianapolis (FHLBI)
Indianapolis, IN Full Time
POSTED ON 9/19/2026 CLOSED ON 10/29/2026

What are the responsibilities and job description for the Assistant or Associate General Counsel position at Federal Home Loan Bank of Indianapolis (FHLBI)?

Is it a Bank? A cooperative? A leader in affordable housing? We are all those things and more!

Our core mission at FHLBank Indianapolis is to provide reliable and readily available liquidity to our member institutions to support housing finance and community development. Simply put, we’re a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. We also assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.

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 equal opportunity within an inclusive culture, 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 three days a week and two days remote. We also offer remote flex days!
  • 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.

Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!

Purpose

The Assistant/Associate General Counsel provides legal advice and counsel on a wide variety of issues and works with the Bank's business units within an operating framework of confidentiality, privilege, and service excellence in order to seek pragmatic, effective and efficient solutions to the legal needs of the Bank’s business units to help achieve their goals.

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

  • Review, analyze, and draft contracts and transaction agreements for all areas of the Bank and assist in the negotiation of contracts.
  • Conduct legal research.
  • Advise the Bank’s internal clients, including managers, senior officers, and senior management on assigned matters.
  • Render legal opinions on matters affecting the Bank.
  • Assist with review and drafting of Bank policies and procedures.
  • Monitor legislative, regulatory and judicial developments that have significance for the Bank and the Federal Home Loan Bank System, advise business unit clients accordingly, and assist with responses to regulatory proposals on a Bank and system-wide level.
  • Assist with Corporate Governance and SEC related issues.
  • Participate in various system-wide initiatives and working groups, as assigned.
  • Perform other tasks assigned by the General Counsel.

Competencies

Business

  • Job Knowledge
  • Project Management
  • Client Focused

General

  • Decision-Making/Judgment/Analytical/Pragmatic
  • Dependability
  • Productivity
  • Organized
  • Results Focused
  • Strong Work Ethic

People

  • Communication
  • Team Oriented
  • People Development
  • Self-Motivated
  • Strong Time Management Skills
  • Business Acumen

Position Requirements

  • JD Degree and graduate or undergraduate degree preferably in business or accounting.
  • Admitted to practice law in a state bar, preferably in Indiana.
  • Knowledge of commercial and corporate law required. Knowledge of banking and secured transactions a plus.
  • Minimum of 3 years of legal experience (for Assistant GC, 5 years for Associate GC).
  • Strong verbal and written communication skills.
  • Knowledge of federal housing programs or community/economic development a plus.
  • Ability to work full-time.
  • Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.
  • Ability to uphold and model the Bank’s Guiding Principles.

Hiring Range: Assistant: $130,000 - $153,000, Associate: $144,000 - $170,000

Hiring ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.

FHLBank Indianapolis is an Equal Opportunity Employer.

Salary : $130,000 - $153,000

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