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IMBA Member Job Postings

IMBA is pleased to offer to our members an opportunity to post open positions on this site, free of charge, to help fill critical human resource needs for their organization. The positions posted below are ones that IMBA has received and they are in order from the most recent.



Federal Home Loan Bank of Indianapolis


MPP Quality Assurance Manager





The Federal Home Loan Bank of Indianapolis has an exciting opportunity for a highly motivated individual to join our Mortgage Purchase Program. The MPP Quality Control Manager will facilitate quality assurance and compliance with all aspects of mortgage acquisitions from members. In addition, meet regulatory requirements for loan data analysis and reporting.

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:

  • Manages the Quality Assurance (QA) area in MPP, which is responsible for assuring that the loans sold to FHLBI meet FHLBI guidelines, are held in custody per FHLBI guidelines, and are serviced per FHLBI guidelines.  The quality assurance area is also responsible for routine quality checks of MPP departmental documentation.  In this capacity, is responsible for managing the workflow of these quality assurance checks.
  • Monitor PFI performance.
  • Responsible for all aspects of managing the operations of the QA including staff selection, training and development, work assignments, employee vacations, employee breaks, overtime assignment, back-up for absent employees, performance evaluations, promotions, salary increases, disciplinary actions, and terminations. Also, responsible for designing and implementing the workflow process, designing and implementing tracking systems, managing the operations of document custodian, quality assurance, and servicing reviews, setting priorities, and reporting projects in process and significant findings to the MPP Operations Manager and Director/Sr. Director.
  • Responsible for evaluating instances of fraud or other situations that are detected within the quality assurance reports as well as monitoring delinquent loans in order to report findings to the MPP Managers committee.   Responsible for recommending repurchase of loans as necessary.
  • Responsible for managing departmental documentation including the MPP guide, MPP policy, MPP procedures manual, MPP applications forms, and other member correspondence materials for MPP.
  • Coordinates with in-house counsel, internal audit, external audit and the FHFB examiners regarding MPP related information, requests and findings.
  • Provides research and analysis of regulatory issues for internal discussion and decision making.
  • Focuses on industry news and legislation in order to prepare for potential issues that affect MPP.  Reports industry news and concerns to the MPP department at regularly scheduled meetings.
  • Prepares and tracks individual variances for reporting to FPC and the board of directors. 
  • Serves as main contact for the MPP Business Continuity Plan and disaster recovery leader.
  • Responsible for negotiating contracts and maintaining relationships with vendors used for the MPP function.
  • Supervises, trains and sets QA staff priorities. Keeps MPP Operations Manager, Director/Sr. Director informed of projects in process, workload, and significant problems.
  • Represents the MPP department at Bank functions as needed, including attending meetings, making presentations, and addressing questions and concerns.
  • May supervise MPP operations staff in absence of Mortgage Operations Manager. 
  • Directly responsible for developing and maintaining an MS Access database, which tracks quality assurance selections, servicing review information, document custodian review information, quality assurance review information and loan detail for loans sent through the QA program.
  • Responsible for preparing and submitting monthly reports to the MPP management.


Position Requirements:

  • Bachelor’s degree in finance, business administration, accounting or other related field or commensurate work experience.
  • Minimum of 10 years’ experience in mortgage origination and manual mortgage underwriting.  Must possess knowledge of mortgage banking practices and procedures, including secondary marketing experience, document and custodian function. 
  • Must have an in depth knowledge of Fannie Mae, Freddie Mac and FHA loan underwriting guidelines and loan delivery requirements.
  • Ability to work well with others including all management levels, customers, and vendors.
  • Must be familiar with MS Access.
  • Excellent written and verbal communication skills.
  • Must not have been convicted of any civil or criminal charge that would suggest a risk to Bank security.
  • Ability to work full time.


To apply, click here


 FHLBank Indianapolis is an Equal Opportunity Employer

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