ZipRecruiter

Log In

1

Merchant Banking Jobs in Indiana (NOW HIRING)

Merchants Bank of Indiana

Data Engineer

Carmel, IN

$108K - $130K/yr

S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage ...

Merchants Bank of Indiana

Senior Processor

Carmel, IN · On-site

About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating ...

Merchants Bank of Indiana

Product Owner

Carmel, IN · On-site

S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage ...

Merchants Bank of Indiana

Product Owner

Carmel, IN · On-site

S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage ...

Merchants Bank of Indiana

Senior Processor

Carmel, IN · On-site

About Merchants Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating ...

previous pagenext page

Showing results 21-40

All JobsMerchant Banking JobsMerchant Banking Jobs in Indiana

Merchant Banking information

See Indiana salary details

$10.5K

$77.7K

$114.7K

How much do merchant banking jobs pay per year?

As of Aug 7, 2026, the average yearly pay for merchant 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 merchant banking?

Merchant banking refers to a range of financial services provided to businesses, typically including fundraising, underwriting, loan services, and advisory on mergers and acquisitions. Merchant banks often work with large corporations or high-net-worth individuals, helping them raise capital, manage assets, and navigate complex financial transactions. Unlike retail banks, merchant banks do not usually provide services to the general public, but rather focus on corporate clients and investment opportunities. Their expertise is particularly valuable for companies looking to expand, restructure, or enter new markets.

What does a merchant banking do?

A merchant banker provides financial services such as raising capital, advising on mergers and acquisitions, and underwriting securities for corporations and governments. They often work on complex financial transactions, requiring strong analytical skills and knowledge of financial markets and regulations.

How much does a merchant banking professional make?

Merchant banking professionals typically earn a salary ranging from $70,000 to $150,000 annually, depending on experience, location, and the size of the firm. Senior roles or those with specialized skills in finance and deal-making can earn significantly higher compensation, often including bonuses and incentives.

How do merchant bankers typically collaborate with clients and internal teams during complex transactions?

Merchant bankers play a pivotal role in guiding clients through mergers, acquisitions, and capital-raising activities. They work closely with clients to understand their strategic goals, provide financial analysis, and structure deals. Internally, merchant bankers coordinate with legal, compliance, and research teams to ensure transactions are executed smoothly and in accordance with regulations. Effective communication and collaboration are essential, as the role often involves managing multiple stakeholders and tight deadlines.

What are the key skills and qualifications needed to thrive in merchant banking, and why are they important?

To thrive in Merchant Banking, you need strong financial analysis, deal structuring, and investment evaluation skills, often supported by a degree in finance, economics, or a related field. Familiarity with financial modeling tools, Bloomberg Terminal, and certifications like CFA is highly beneficial. Excellent negotiation, relationship-building, and communication skills distinguish top professionals in this field. These competencies are crucial for successfully advising clients, executing complex transactions, and driving business growth in a competitive financial environment.
What are popular job titles related to Merchant Banking jobs in Indiana? For Merchant Banking jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Merchant Banking jobs in Indiana look for? The top searched job categories for Merchant Banking jobs in Indiana are:
What cities in Indiana are hiring for Merchant Banking jobs? Cities in Indiana with the most Merchant Banking job openings:
Merchant Banking jobs near you
Infographic showing various Merchant Banking job openings in Indiana as of August 2026, with employment types broken down into 82% Full Time, and 18% Part Time. Highlights an 100% In-person job distribution, with an average salary of $77,676 per year, or $37.3 per hour.

Product Manager and System Administration

Merchants Bank of Indiana

Carmel, IN • On-site

Other

Re-posted 23 days ago

Job description

Description

The Product Manager and System Administration position will manage and provide system administration for one or more payment systems. This will include being the primary contact for vendors, assisting in audits, completing risk assessments, being a payments expert, troubleshooting system issues, implementing system enhancements and being the subject matter expert for other business units. Success in this position will require working with other product managers to provide seamless solutions for internal and external customers and training internal stakeholders on system capabilities. 


As a payments expert, the role requires deep knowledge of ACH, check, real-time payments wire transfers, and treasury operations, with the ability to evaluate system functionality, identify enhancements, and incorporate solutions effectively. The ideal candidate will bring strong expertise in both retail and commercial banking, coupled with a working knowledge of banking systems. While not a data analyst, the candidate must be able to "speak the language" of systems and technology to bridge business needs with technical execution.


You should be able to do the following confidently and independently...  

  • Product management and system administration.
  • Vendor relationship management
  • Oversee payment systems
  • Direct audit processes and ensure compliance 
  • Evaluate system functionality, identify enhancements, and incorporate solutions effectively.
  • Collaborate with stakeholders to determine product and system improvements that align with business goals.
  • Serve as subject matter expert in payments.
  • Manage and optimize core banking systems (CSI) encompassing digital banking and retail banking
  • Translate business requirements into system capabilities, ensuring operational efficiency.
  • Partner with IT and vendors to ensure systems are functioning optimally and securely.

Requirements



What we are looking for...   

  • 5-10 years related experience in banking operations, treasury, or digital banking systems.
  • Certified Treasury Professional 
  • Accredited ACH Professional 
  • Bachelor's degree in finance or related field required 
  • Strong expertise in both retail and commercial banking.
  • Prior leadership experience preferred 
  • Project Management
  • Strong knowledge of Microsoft products  


Ranked as a top performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana operating multiple segments, including Multi-family Mortgage Banking that offers multi-family housing and healthcare facility financing and servicing; Mortgage Warehousing that offers mortgage warehouse financing; and Banking that offers retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp, with $18.8 billion in assets and $11.9 billion in deposits as of December 31, 2024, conducts its business primarily through its direct and indirect subsidiaries, Merchants Bank of Indiana, Merchants Capital Corp., Merchants Capital Investments, LLC, Merchants Capital Servicing, LLC, Merchants Asset Management, LLC, and Merchants Mortgage, a division of Merchants Bank of Indiana.
 

Merchants Bank and Merchants Capital have recently been honored with the 2025 USA Today Top Workplaces recognition, ranking 22nd nationally within the 500-999 employee category. This is the second year that Merchants has been recognized with this award. These accolades build on our strong history of workplace recognition, including being named a Best Place to Work in Indiana for seven consecutive years (2016-2022). For more information read the entire article here.


PM20 #CL

Apply