What are the responsibilities and job description for the Deputy General Counsel - Hybrid position at Federal Home Loan Bank of Indianapolis?

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 developments pertinent to the Bank's business in order to provide concise, practical forward-looking advice to management on potential impact on operations.

Competencies : Business

Negotiation Skills

Project Management

Organizational Savvy

Anticipate client needs

General

Integrity / Ethics

Problem Solving / Analysis

Self-Directed

High Work Intensity

People / Management

Strong Communicator

Team Leadership

People Development

Responsive

Position Requirements :

JD Degree and graduate or undergraduate degree (preferably in business, finance, or accounting), together with active license to practice law (preferably in Indiana).

A minimum of 9-10 years of corporate legal experience, including experience as or managing outside counsel.

General knowledge of federal housing policy and programs, community and economic development and banking and insurance regulation is a plus.

Developed expertise in banking law and practices (including secured lending issues and UCC), commercial and corporate law, accounting, and SEC reporting. Experience with FHFA regulatory compliance function a plus as is experience working with cooperative (i.e., member-owned) structures.

Firsthand experience with corporate governance and working closely with a board of directors is a plus as is experience advising on sophisticated financial transactions and investment vehicles.

Experience handling UCC and FHFA matters a strong plus.

Finance industry expertise will be a distinct advantage.

Must be a self-directed, resourceful individual with a desire to listen and learn.

Must be a strong communicator and able to serve as the General Counsel's second chair on all matters corporate, including the ability to evaluate and weigh multiple inputs and the impact of various decisions and courses of action.

Must have experience as a leader, preferably in a corporate environment, with the ability to work proactively and collaboratively across multiple departments, and know how to establish and maintain effective relationships with key members of management and staff.

High emotional intelligence, strategic thinker, with an ability to be agile, creative, resourceful, proactive, and results-oriented.

Must be collaborative and a team player, assisting the client to the finish line, not just providing an initial directive.

Should be able to identify and develop talent and resources across the Bank.

Excellent written / verbal communication skills.

Ability to work full-time and overtime, as necessary.

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.

FHLB Indianapolis is an Equal Opportunity Employer.

Apply for this job

Receive alerts for other Deputy General Counsel - Hybrid job openings

Deputy General Counsel - Hybrid

What are the responsibilities and job description for the Deputy General Counsel - Hybrid position at Federal Home Loan Bank of Indianapolis?

What is the career path for a Deputy General Counsel - Hybrid?

Job openings at Federal Home Loan Bank of Indianapolis

Not the job you're looking for? Here are some other Deputy General Counsel - Hybrid jobs in the Indianapolis, IN area that may be a better fit.

We don't have any other Deputy General Counsel - Hybrid jobs in the Indianapolis, IN area right now.

AI Assistant is available now!