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.

In 2021, Merchants Bancorp received national recognition from S&P Global Market Intelligence as the #1 best-performing US public bank with assets over $10 billion. Merchants Bancorp has been recognized on this national ranking for seven consecutive years, ranking the highest of any other Indiana institution since 2015, and was also among the top three in the 2019 and 2020 community bank rankings.

Merchants was also listed in the Indianapolis Business Journal (IBJ) Banking and Finance edition in May 2021 as the 6th 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 seventh year in a row that Merchants was recognized as a Best Places to Work organization.

Adding to the performance accolades, in 2021, Fortune Magazine named Merchants Bancorp one of the 100 Fastest-Growing Companies in the country.  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.

$11.1
Billion
in Assets

More than
500

Total Merchants Employees 


Nasdaq

Listed (MBIN) 

To view all open positions at Merchants Bank of Indiana, click below.

Network Engineer

Location: Carmel, IN | Date: 08/18/2022
  Our Network Engineer will provide IT networking and security functions, including firewall and switch configuration, maintenance, and troubleshooting. In addition, you will work with vulnerability and patch management and help with security recommendations. Effective communication and excellent customer service are equally important to technical skills and experience. The ideal person will deliver timely solutions the first time while leaving amazing…
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Administrative Assistant

Location: Boston, MA | Date: 08/18/2022
  Our Administrative Assistant will provide administrative support to the Executive Vice President, Head of the Tax Credit Equity, and support Merchants Capital Boston Office. A successful Administrative Assistant will allow the EVP and her team to work efficiently and effectively in making and carrying out business decisions and executing on key project deliverables. The ideal person will rely upon an…
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Systems Administrator

Location: Carmel, IN | Date: 08/18/2022
  Our Systems Administrator will independently provide tier 2 and tier 3 support to internal end-users and assist with project work including servers, applications, systems planning, and administration, general security, network, and communications. Effective communication and excellent customer service are equally important to technical skills and experience. The ideal person will deliver timely solutions the first time while leaving excellent impressions…
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2023 Summer Internship - SBA Operations

Location: Chicago, IL | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work including: ensuring that the documents created for SBA loan closings are correct and that all loan documents are exception free and the collateral is perfected and ensure that all transaction entries (payments, advances, new loan advances, general ledge entries,…
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2023 Summer Internship - Deposit Operations

Location: Richmond, IN | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Deposit Operations team with a variety of project-based, administrative work including; providing back-office support to our branches and various other departments within the organization, file maintenance, direct participation in the achievement of both personal and branch support goals, and adhering to all retail and bank policies and procedures. This position will…
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2023 Summer Internship - Marketing

Location: Carmel, IN | Date: 08/18/2022
 Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. This position will be located at our Carmel Corporate Headquarters. Expected Outcomes: A successful intern will apply knowledge gained from coursework in a real-world professional setting and end the internship with a better understanding of workplace responsibilities and dynamics.
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Treasury Mgmt Specialist

Location: Carmel, IN | Date: 08/18/2022
Summary: The Treasury Management Specialist will serve as a client liaison for the bank’s treasury management services. Responsibilities include, and are not limited to, remote deposit capture, account analysis, ACH, positive pay, and wire transfer. The Treasury Management Specialist is responsible for working with clients on setup, maintenance, and troubleshooting of issues.Expected Outcomes: The Treasury Management Specialist is responsible for…
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Personal Banker

Location: Carmel, IN | Date: 08/18/2022
Summary: The Personal Banker/Teller is responsible for providing premier customer service to both existing and potential customers by actively listening to customer requests and effectively, efficiently responding with sound, accurate solutions. A successful Personal Banker/Teller will focus on accurately and efficiently processing account transactions, account changes and loan transactions while establishing positive professional relationships with customers and colleagues.Hours: 8 a.m.…
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2023 Summer Internship - IT

Location: Carmel, IN | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. This position will be located at our Carmel Corporate Headquarters.Expected Outcomes: A successful intern will apply knowledge gained from coursework in a real-world professional setting and end the internship with a better understanding of workplace responsibilities and dynamics.
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2023 Summer Internship- Investment Real Estate

Location: Carmel, IN | Date: 08/18/2022
Merchants Bank of Indiana is a diversified bank headquartered in Carmel, Indiana operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing. These balance sheet loans are originated by the Bank’s subsidiary, Merchants Capital Corp (MCC). MCC is an approved FHA Mortgagee and is an approved Multifamily Accelerated Processing (MAP) lender for HUD. MCC is a…
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2023 Summer Internship - Internal Audit

Location: Carmel, IN | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. This position will be located at our Carmel Corporate Headquarters.Expected Outcomes: A successful intern will apply knowledge gained from coursework in a real-world professional setting and end the internship with a better understanding of workplace responsibilities and dynamics.
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2023 Summer Internship - Retail Bank Operations

Location: Richmond, IN | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. The internship will focus on the following retail operations, business banking, treasury management and loan operations. This position will be located at our Carmel Corporate Headquarters.Expected Outcomes: A successful intern will apply knowledge gained from coursework in a real-world…
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2023 Summer Internship - Retail Bank Operations

Location: Carmel, IN | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. The internship will focus on the following retail operations, business banking, treasury management and loan operations. This position will be located at our Carmel Corporate Headquarters.Expected Outcomes: A successful intern will apply knowledge gained from coursework in a real-world…
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Underwriter, SBA

Location: Carmel, IN | Date: 08/18/2022
Summary: The SBA Underwriter works within the SBA Lending department and is be responsible for underwriting new and existing customers, analyzing financial statements, collaboration with banking partners and making loan decisions on SBA Banking customers. The SBA Underwriter would be required to manage a pipeline of new credit requests, which includes underwriting and decisioning loan files. Expected Outcomes: The purpose of…
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Tax Manager

Location: Carmel, IN | Date: 08/18/2022
Summary: This position is responsible for the Company’s tax compliance, tax planning and accounting for income taxes. The successful candidate will work with business lines, service providers, and other tax professionals in carrying out his or her responsibilities. He or she will work with financial management within the Company and third-party service providers. In the beginning, tax work is not…
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Mortgage Loan Originator

Location: Chicago, IL | Date: 08/18/2022
Mortgage Loan Originator position is responsible for developing new residential mortgage business along with analyzing credit worthiness of applicants and negotiating terms, repayment, and collateral requirements. Also included are establishing new relationships with vendors and working with current customers and bank staff to promote and cross-sell bank products and services.
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Mortgage Loan Originator

Location: Carmel, IN | Date: 08/18/2022
Mortgage Loan Originator position is responsible for developing new residential mortgage business along with analyzing credit worthiness of applicants and negotiating terms, repayment, and collateral requirements. Also included are establishing new relationships with vendors and working with current customers and bank staff to promote and cross-sell bank products and services. 
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Fair Lending and Compliance Specialist

Location: Carmel, IN | Date: 08/18/2022
Fair Lending and Compliance Specialist is primarily responsible for administering monitoring programs under the Company’s compliance management system to assist in managing compliance and fair lending risk across the organization. The Compliance and Fair Lending Specialist will assist in monitoring performance through proactive evaluation of data relative to area demographic and peer data, using that analysis to drive recommendations for…
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Enterprise Risk Analyst

Location: Carmel, IN | Date: 08/18/2022
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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Customer Support and Closing Agent- Warehouse Lending

Location: Clearwater, FL | Date: 08/18/2022
Summary: The Warehouse Lending Customer Support and Closing Agent Specialist will assist monitor the Customer Support Mail Inbox and respond to all messages. This will include, but is not limited to creating user credentials for customers, resetting individual passwords, providing assistance with WLS downloads, whitelisting IP addresses, recording releases of MBI interest in Freddie Mac loans, executing GNMA 11711A’s, helping…
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Correspondent Sales Executive- Western Region

Location: , | Date: 08/18/2022
Responsibilities include cultivating new Merchants Bank of Indiana (MBI) Correspondent clients. Correspondent clients are comprised of Non-Delegated & Delegated. Execution options include Best Efforts and Mandatory. Heavy emphasis on Non Del / Best Efforts. Build and maintain relationships with IMBs, Community Banks and Credit Unions ensuring client success. Serve as subject matter expert, answering all account questions regarding pricing, loan…
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CRA Business/Commercial Banker

Location: Carmel, IN | Date: 08/18/2022
The Community Reinvestment Act (“CRA”) Business/Commercial Banker will focus on strengthening community relationships as well as proactively sourcing, acquiring, and retaining customers within the Bank’s Indianapolis CRA assessment area (Marion and Hamilton Counties within the Indianapolis-Carmel, Indiana MSA). The CRA Business/Commercial Banker (“CRA Banker”) will spend the majority of the time in the field, on appointments, fostering community partnerships, generating…
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Commercial Underwriter

Location: Carmel, IN | Date: 08/18/2022
Summary: As an Underwriter within the Commercial Lending team, you would be responsible for underwriting new and existing customers, analyzing financial statements, collaboration with banking partners and making loan decisions on Commercial Banking customers. In this role, you would be required to manage a pipeline of new credit requests, which includes underwriting and decisioning loan files.Expected Outcomes: The purpose of…
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Commercial Lending Credit Analyst

Location: Clearwater, FL | Date: 08/18/2022
Summary: The Commercial Lending Credit Analyst will perform the credit review, monitoring and structuring of commercial warehouse clients. The Commercial Lending Credit Analyst will effectively communicate with the sales team, clients and internal parties to ensure all Credit Approval Reports, credit analyses and on-going compliance reviews are completed within bank policy 
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Business/Commercial Banker

Location: Indianapolis, IN | Date: 08/18/2022
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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Business Systems Analyst

Location: Richmond, IN | Date: 08/18/2022
Summary: The Business Systems Analyst position will provide technical support for our staff with our core system software and act as a liaison to computer support services. This position will be regarded as a technical expert in maintaining, troubleshooting, and assisting in the implementation of system updates for the software (CSI) that supports our products and experiences to our customers…
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2023 Summer Internship - Human Resources

Location: Carmel, IN | Date: 08/18/2022
Summary: The Human Resources Intern is responsible for supporting the Human Resources department in completing various projects related to HR processes including; personnel administration, recruitment and staffing, training and development, compensation and benefits administration and all other related services. All work will be performed under the close direction of the Vice President, Human Resources and/or other members of the HR…
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2023 Summer Internship - Agricultural Loan Lending

Location: Richmond, IN | Date: 08/18/2022
Summary: The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. This position will be located at our Richmond office located at 701 E. main St., Richmond, IN 47374.Expected Outcomes: A successful intern will apply knowledge gained from coursework in a real-world professional setting and end the internship with a…
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2023 Summer Internship- Risk

Location: Carmel, IN | Date: 08/18/2022
The Intern position is responsible for supporting the Merchants Bank of Indiana team with a variety of project-based, administrative work. This position and associated project assignments will support the Company’s ongoing Enterprise Risk Management (ERM) activities and will be located at our Carmel Corporate Headquarters. Project assignments may include business process reviews, documentation of risks and controls in an assigned…
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Product Owner

Location: Carmel, IN | Date: 08/18/2022
  Our Product Owner position will work with our multi-family sales and credit leaders to understand business processes, goals and objectives and ensure the proper technology solutions are implemented to support these goals. They will be focused on driving implementation and reinforcing a cohesive and consistent software delivery and application management framework with their teams and business partners.A successful Product Owner…
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Graphic Designer

Location: Carmel, IN | Date: 08/18/2022
  Our Graphic Designer will help our marketing team support all Merchants' companies, delivering our brand identity through multimedia design. You will work internally to gather requirements, pitch creative concepts, and execute within deadlines and budget. You will be responsible for designing layouts for print and digital projects, including logos, social media graphics, website graphics, PowerPoint and Word templates, brochures, branch…
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Strategic Sourcing Analyst

Location: Carmel, IN | Date: 08/18/2022
 We are looking for a Strategic Sourcing Analyst with a passion for indirect sourcing, vendor contracting, and vendor management. This role will work closely with General Counsel and the legal team, as well as senior management to ensure we are meeting our strategic goals related to risk management, cost management, relationship development, and continuous improvement. You will help us maintain…
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Content Strategist

Location: Carmel, IN | Date: 08/18/2022
As our Content Strategist, you will develop and implement a comprehensive social media strategy to increase our social media engagement, website traffic, and brand awareness. Day to day you will help your internal customers schedule and plan campaigns, estimate costs, evaluate results and provide recommendations for future social media and digital initiatives. Ultimately, our team’s mission is to ensure our…
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Proudly named to the 2022, 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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