Deputy General Counsel - Hybrid

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 diversity, equity and inclusion, 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 five fully remote weeks per year!

• 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 Deputy General Counsel (DGC) reports to the General Counsel (GC) and is responsible for supporting the GC in all matters, including management of the Legal Team, Corporate and Board governance, transaction, compliance, SEC, System Matters, Management and Budgeting, and, most importantly, providing legal advice to all internal Bank clients, as needed.  The DGC also provides general oversight and cost-effective management of outside counsel on issues requiring external legal resources, including coordinating and managing input to business leaders.

Today, the DGC is primarily responsible for matters involving secured lending, letters of credit, collateral, mortgage servicing, capital markets, investments and other business operations, and may also be asked to support the Bank with respect to employment matters.

The following list of “specific responsibilities” is intended to describe the general nature and level of work being performed by the DGC. They are not 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:

• Advises Senior Management and Board of Directors on statutory and regulatory requirements and current Finance Agency guidance.

• Renders opinions on legal matters affecting the Bank's operations, including working with senior management on possible legal, regulatory, and federal policy changes that might impact the Bank.

• Directly manages other attorneys in the Legal Department as directed by the General Counsel, including the delegation and monitoring of workloads, personal and professional development, cross-training, and other matters.

• Consults with and advises business unit managers on legal issues affecting AHP/CID projects, member services and membership.

• Lead counsel for loan transactions, letters of credit, collateral, MPP, investments and other business operations.

• Together with the General Counsel, the DGC will represent the Bank with the Federal Housing Finance Agency, the SEC, and other regulators, as requested.

• Working with other business units across the Bank and coordinating with the Corporate Secretary, the DGC may suggest establishing or changing policies and procedures.

• Proactively monitor legal and regulatory deve