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Contract Banking Jobs in Indiana (NOW HIRING)

Working knowledge of banking regulations and compliance requirements.A passion for serving customers and strengthening the local community.NOTE: This does not create an employment contract, implied ...

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Contract Banking information

See Indiana salary details

$10.5K

$77.7K

$114.7K

How much do contract banking jobs pay per year?

As of Aug 29, 2026, the average yearly pay for contract banking in Indiana is $77,676.00, according to ZipRecruiter salary data. Most workers in this role earn between $58,500.00 and $114,200.00 per year, depending on experience, location, and employer.

What is contract banking?

Contract banking refers to the provision of banking services, such as loans, accounts, or payment processing, under specific contractual terms between a bank and its clients. These contracts outline the responsibilities, rights, and obligations of both parties, and may include details like interest rates, repayment schedules, and service fees. Contract banking is commonly used in corporate finance, project finance, and trade finance to ensure clear agreements and manage risk. It helps both banks and clients establish trust and clarity in complex financial transactions.

What are the key skills and qualifications needed to thrive as a contract banking professional, and why are they important?

To excel as a Contract Banking professional, you need a deep understanding of financial regulations, contract law, and risk assessment, often supported by a degree in finance, law, or business. Familiarity with banking software, contract management systems, and compliance tools like KYC/AML platforms is crucial. Strong attention to detail, negotiation skills, and the ability to communicate complex terms clearly help you stand out in this field. These skills ensure accurate contract execution, minimize risk, and foster trust between clients and financial institutions.

What are some common challenges faced by professionals in contract banking roles, and how can they be addressed?

Professionals in contract banking often encounter challenges such as quickly adapting to different organizational cultures, rapidly learning new systems, and managing multiple client expectations within tight deadlines. To address these challenges, it's important to have strong communication skills, flexibility, and the ability to work efficiently in dynamic environments. Building a solid understanding of industry regulations and maintaining up-to-date knowledge of banking products also helps contract bankers deliver value to their clients and stand out for future opportunities.

What is the difference between Contract Banking vs Commercial Banking?

AspectContract BankingCommercial Banking
CredentialsTypically requires banking certifications, finance degrees, or relevant experienceSimilar credentials, often including finance or banking certifications
Work EnvironmentProject-based, flexible, often temporary rolesBranch or corporate office, ongoing client relationships
Employer & Industry UsageUsed by banks offering specialized contract services or project workTraditional banking institutions serving businesses and consumers
Search & Comparison IntentPeople seeking temporary or project-based banking rolesIndividuals interested in full-time banking careers

Contract Banking involves temporary, project-based roles within banks, often requiring similar credentials as commercial banking but offering more flexibility. Commercial Banking focuses on ongoing client relationships and traditional banking services. Both roles require relevant financial certifications, but their work environments and employment types differ significantly.

What are the most commonly searched types of Banking jobs in Indiana?

The most popular types of Banking jobs in Indiana are:

What are popular job titles related to Contract Banking jobs in Indiana?

For Contract Banking jobs in Indiana, the most frequently searched job titles are:

Infographic showing various Contract Banking job openings in Indiana as of August 2026, with employment types broken down into 2% As Needed, 84% Full Time, 12% Part Time, and 2% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $77,676 per year, or $37.3 per hour.

Compliance & Contracts Specialist

Indianapolis, IN • On-site

Vaco LLC
Recruiting and Staffing Services • 5 - 10K employees

Other

Medical

This job post has expired today. Applications are no longer accepted.


Job description

Compliance & Contracts Specialist Contract Opportunity | Indianapolis, IN (Remote Considered) | Weekly Hours: 40 ABOUT THE OPPORTUNITY Our client is a fast-growing, category-leading company in the employee benefits technology space, helping organizations offer more flexible, personalized health insurance options to their employees. Still operating with a startup mentality despite significant scale and growth, the company is investing in building out a stronger compliance and legal support function as it heads into its busiest season of the year. This is a contract opportunity (estimated 6–12 months, with potential to convert to a permanent role) for a detail-oriented professional who thrives in a fast-paced, high-growth environment and enjoys getting into the details of contracts, policy, and regulatory work. WHAT YOU'LL DO • Review and manage redlines on customer contracts, working closely with the compliance lead to negotiate and finalize agreement terms • Draft, review, and help maintain internal compliance policies and procedures • Support banking and regulatory compliance efforts, including work related to an active transition between financial institution partners • Partner cross-functionally with Sales, Security/IT, and Operations teams to support contract and compliance needs across the business • Help build out and strengthen compliance processes and controls as the function continues to mature WHAT WE'RE LOOKING FOR • Experience reviewing and redlining contracts from a legal/compliance perspective • Background in policy writing, review, and administration • Banking or financial regulatory compliance experience is a strong plus • Comfortable in a fast-moving, high-volume environment with shifting priorities • Self-starter who can hit the ground running with minimal ramp-up time • Healthcare or insurance industry experience is a plus, but not required • No specific degree or certification required LOGISTICS • Engagement Type: Contract (through Vaco), with potential to convert to permanent • Estimated Duration: 6–12 months, with potential for full time hire • Location: Remote-friendly during the contract period. Must be Indianapolis-based if want to be considered for permanent hire after contract period. • Start Date: As soon as possible By submitting to this position, you are agreeing to be included in our talent pool for future hiring for similarly qualified positions. EEO Notice Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law. Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com . Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal. Representation Notice By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal. For residents of Ontario, Canada: Based on Highspring’s discussions with its Client, Highspring’s understanding is that this position for employment is a current vacancy (either through Highspring as a contractor or with the client directly). Privacy Notice Vaco by Highspring and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco by Highspring”) respects your privacy and are committed to providing transparent notice of our policies. California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here. Virginia residents may access our state specific policies here. Residents of all other states may access our policies here. Canadian residents may access our policies in English here and in French here. Residents of countries governed by GDPR may access our policies here. Additionally, submissions to this position are subject to the use of AI to perform preliminary candidate screenings, focused on ensuring minimum job requirements noted in the position are satisfied. More details about Vaco by Highspring’s use of AI can be found here (https://www.highspring.com/ai-use-notices/). Further assessment of candidates beyond this initial phase will be conducted by recruiters and hiring managers. Vaco by Highspring does not know and cannot opine on if its client’s use of AI products in hiring. Pay Transparency Notice Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to: the individual’s skill sets, experience and training; licensure and certification requirements; office location and other geographic considerations; other business and organizational needs. With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.

Vaco logo

About Vaco

Sourced by ZipRecruiter

Vaco delivers critical talent solutions to companies in the areas of consulting, project resources, executive search, direct hire and strategic staffing with expertise in numerous areas including accounting and finance, technology and operations. Vaco's family of brands includes Pivot Point Consulting, a best in KLAS health care IT solutions provider; Focus Search Partners, a retained executive search practice; and MorganFranklin Consulting, Vaco's methodology-driven global consulting platform. Since its founding in 2002, Vaco has grown to serve more than 12,000 clients across the globe with more 9,800 employees. Vaco has been named to Inc. magazine's list of the fastest-growing private companies for the past 15 years and was named to Forbes' 2018-2021 lists of America's Best Recruiting Firms.

Industry

Recruiting and staffing services

Company size

5,001 - 10,000 Employees

Headquarters location

Brentwood, TN, US

Year founded

2002

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