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Merchants Bank IN
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June 12, 2026
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Application Security Analyst

Carmel, IN
Full-time
Onsite
Entry Level
Merchants Bank IN is a diversified bank holding company headquartered in Carmel, Indiana, and they are seeking an Application Security Analyst to join their team. This junior position focuses on securing business applications through risk assessments, validating security controls, and collaborating with application owners on remediation efforts.
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Responsibilities

  • Maintain and support application and AI registers to help ensure an accurate inventory of in-scope business applications
  • Lead the application risk assessment program to identify security risks, document findings, and support risk-based decision making
  • Validate application security controls and document control effectiveness, gaps, and recommended improvements
  • Govern the user access review (UARs) process for business applications and help validate appropriate access based on job responsibilities
  • Provide application configuration guidance to support secure deployment and ongoing management of business applications
  • Participate in third-party and vendor security reviews for applications, platforms, and related services
  • Partner with application owners and other stakeholders to track and support remediation of identified security issues
  • Contribute to lightweight threat modeling activities to identify likely threats, common weaknesses, and practical mitigation options
  • Support the broader information security program by documenting processes, maintaining records, and assisting with related security initiatives as assigned
  • Serve as a liaison between Information Security and development teams to support DevSecOps
  • Provide support across information security functions, including risk management, governance, security operations, and related initiatives, as required

Qualification

Required

  • Bachelor's degree in Computer Science, Information Technology, Cybersecurity, Management Information Systems, or a related field preferred; equivalent practical experience may also be considered
  • 0–3 years of experience in information security, technology risk, IT administration, application support, or a related field, with an interest in application security
  • Understanding of application security concepts such as access management, secure configuration, control validation, vulnerability identification, and remediation tracking
  • Understanding of web applications, SaaS platforms, APIs, identity and access management, and common security risks affecting business applications
  • Strong analytical, organizational, and documentation skills, with the ability to communicate clearly and work collaboratively with application owners and business stakeholders
  • Ability to manage multiple tasks, follow defined processes, and contribute to practical, risk-based security improvements in a fast-paced environment

Preferred

  • Familiarity with application risk assessments, user access reviews, third-party security reviews, or security control testing
  • Experience supporting a financial services organization or other regulated environment is preferred but not required
  • Entry-level security or technology certifications such as Security+, ISC2 CC, or similar credentials are a plus

Benefits

  • Health
  • Vision
  • Dental
  • 401K
  • ESOP
  • 100% Tuition Assistance
  • 4 weeks paid time off
Ranked as one of the top-performing banks in the U.S.
Glassdoor
Founded in 1990
Carmel, Indiana, USA
501-1000 employees
http://bankmerchants.com
Ranked as one of the top-performing banks in the U.S.
Glassdoor
Founded in 1990
Carmel, Indiana, USA
501-1000 employees
http://bankmerchants.com