Federal Home Loan Bank of Chicago ยท 7 hours ago
Sr. Risk Analyst
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$90K/yr - $151K/yr
2+ years expThe Federal Home Loan Bank of Chicago prioritizes its employees by offering a competitive compensation and benefits program. They are seeking a Senior Risk Analyst who will be responsible for reviewing and upgrading risk management systems, providing accurate reporting of risk metrics, and leading projects related to process redesign and new product development.
Banking
Responsibilities
Review, maintain and upgrade the risk management systems and perform quantitative analysis to assess changes and enhancements to the pricing models within vendor applications
Provide timely and accurate reporting of risk metrics as promulgated by the FHFA
Provide detailed and in-depth analysis of bank balance sheet fair value and risk
Research new ways to automate and improve operation and reporting processes
Develop prepayment back testing reporting and provide in-depth prepayment analysis
Lead projects related to process redesign, new hedge strategy development, new product development and system upgrade of Summit and Polypaths
Provide guidance to junior risk analysts on regulatory reporting, troubleshooting production issues, data analytics, and quantitative modeling
Identify uncaptured risks and enrich or build new risk reports with additional analysis
Handle inquiries from internal departments across the bank and external regulators and auditors
Qualification
Required
Master's degree in Finance, Mathematics, Financial Mathematics or related field
2 years of related experience
Any amount of experience providing measurement, analysis, monitoring, and reporting of market risk for fixed income products and interest rate derivatives
Any amount of experience reporting risk exposure and Market Value of Equity/Book Value of Equity of bank's balance sheet
Any amount of experience maintaining and upgrading risk management systems by performing quantitative tests to assess any changes or enhancements to pricing models
Any amount of experience researching new ways to automate or improve operation and reporting process
Benefits
Retirement program (401k and Pension)
Medical, dental and vision insurance
Lifestyle Spending Account
Competitive PTO plan
11 paid holidays per year
Company
Federal Home Loan Bank of Chicago
Our Mission: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for their community investment activities.
201-500 employees
H1B Sponsorship
Federal Home Loan Bank of Chicago has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2022 (6)
2021 (5)
2020 (8)
Funding
Current Stage
Growth StageLeadership Team
Eric Geiger
Chief Technology Officer
Mike Zeifert, CFA
SVP, Chief Credit Officer
Company data provided by crunchbase