Careers

A winning team. A dedicated family.

Interested in joining our growing team? Take a look at our career opportunities.

Merchants Bank of Indiana is headquartered in Carmel, Indiana. Merchants focuses on several aspects of mortgage and agricultural lending and retail banking services from six Central Indiana locations.

Merchants Bank of Indiana has received national recognition from S&P Global Market Intelligence as one of the top performing community banks nationally with assets between $3 billion and $10 billion. Merchants was listed as #3 in the nation, the highest rated Indiana bank on the list.

Merchants was also listed in the Indianapolis Business Journal (IBJ) Banking and Finance edition in May 2020 as the 8th largest Indianapolis Area Bank. Merchants understands the positive impact of making employees feel valued and is proud to once again be recognized by the Indiana Chamber of Commerce’s Best Places to Work Program. This is the sixth year in a row that Merchants was recognized as a Best Places to Work organization.

Adding to the performance accolades, the IBJ identified Merchants Bank of Indiana as one of the fastest growing companies in the Indianapolis area. Merchants was listed as the #21 fastest growing company with 70% revenue growth from FY 2014 through 2016. The results also reflect a 33% increase in FTEs during the same period.

$9.9
Billion
in Assets

More than
400

Merchants Employees 


Nasdaq

Listed (MBIN) 

To view all open positions at Merchants Bancorp’s family of companies, click below.

Enterprise Risk Analyst

Location: Carmel, IN | Date: 09/21/2021
Summary: The Enterprise Risk Analyst supports the Risk Management team regarding all aspects of the enterprise-wide risk management program for an assigned business unit(s) that may impact enterprise-level performance. Responsibilities include (a) managing the key elements of the Company’s Enterprise Risk Management (ERM) program, including but not limited to risk identification, assessment, monitoring and reporting, (b) advising on risks and…
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Mortgage Loan Closer

Location: Carmel, IN | Date: 09/21/2021
Summary: Mortgage Loan Closer is responsible for ensuring the timely and accurate closing of mortgage loan transactions. Responsibilities of the Mortgage Loan Closer include but are not limited to creating an initial, final Closing Disclosure (CD) within compliant time frames and reflecting accurate fees for both borrower and seller, reviewing required closing documents and underwriting approvals to determine accuracy of…
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Business/Commercial Banker

Location: Indianapolis, IN | Date: 09/21/2021
Summary: The Business/Commercial Banker is responsible for proactively sourcing, acquiring and retaining customer relationships while maximizing sales opportunities. The Business/Commercial Banker will spend most of the time in the field, on sales appointments, generating leads and closing business. This position is commission eligible in addition to a strong, competitive base salary.Expected Outcomes: A successful Business/Commercial Banker will focus on growth…
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Payroll Specialist

Location: Carmel, IN | Date: 09/21/2021
Summary: This position has operational responsibility for all aspects of payroll operations. The incumbent will act as the internal subject matter expert on all payroll-related items. This position is the link between payroll/HR and other relevant stakeholders, including accounting, payroll vendor, and employees.Expected Outcomes: A successful incumbent will routinely execute timely, accurate payroll processes with excellent customer service. This position…
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Internal Auditor

Location: Carmel, IN | Date: 09/21/2021
Summary: Performing internal auditing tasks, including performance of the various internal audit tests and procedures, maintaining adequate documentation of work performed, and communicating audit testing results to the appropriate personnel.  This includes Merchants Bank of Indiana, Farmers-Merchants Bank of Illinois, Merchants Capital, and Merchants Bancorp.Essential Duties and Responsibilities:Perform financial and operational audits in accordance with the internal audit program. Review Bancorp’s…
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SBA Closer

Location: Carmel, IN | Date: 09/21/2021
Summary: The SBA Closer supports the daily functions of the Bank’s SBA Loan Operations Department, serving to support all SBA lending functions of the bank. The SBA Loan Operations Department has the major functions of ensuring that the documents created for SBA loan closings are correct and that all loan documents are exception free and the collateral is perfected. The…
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Loan Operations Specialist, IRE

Location: Carmel, IN | Date: 09/21/2021
The Investments Real Estate (IRE) Loan Operations Specialist supports the daily functions of the Bank’s IRE Operations Department, serving to support commercial and multi-family lending functions of the bank. The IRE Operations Department has the major functions of ensuring that all loans are booked in a timely manner and with accuracy. The IRE Operations Department also interfaces with the bookkeeping…
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Senior Underwriter, Multifamily Affordable Housing

Location: Carmel, IN | Date: 09/21/2021
Summary: Merchants Bank of Indiana is seeking an experienced multifamily affordable underwriter. The Senior Underwriter is a management role and is responsible for the oversight and development of the Bank’s Investment Real Estate Credit Analysts. The Senior Underwriter’s team is responsible for ensuring the timely and accurate underwriting of multifamily mortgage loan transactions in accordance with Merchants Bank guidelines. Responsibilities…
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Credit Analyst, Multifamily Affordable Housing

Location: Carmel, IN | Date: 09/21/2021
  Summary: Merchants Bank of Indiana is seeking an experienced multifamily affordable underwriter.  The Credit Analyst is responsible for ensuring the timely and accurate underwriting of multifamily and/or healthcare mortgage loan transactions in accordance with Merchants Bank guidelines. Responsibilities include reviewing new applications, monitoring the receipt of all due diligence from the borrower, analyzing the financial feasibility of new transactions, including…
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Proudly named to the 2021, 2020, 2019, 2018, 2017, and 2016 Best Places to Work in Indiana list, Merchants Bank of Indiana strives to create a work environment that rewards hard work and strong performance while encouraging a positive work-life balance. At Merchants we believe our people make the difference in our business and our full range of top-notch employee benefits are key to building and maintaining our amazing team. Merchants Bank of Indiana is proud to be an Equal Opportunity Employer.

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