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The Federal Home Loan Bank of Chicago

Manager, Mortgage Analytics

The Federal Home Loan Bank of Chicago, Chicago, Illinois, United States, 60290

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Overview

At the Federal Home Loan Bank of Chicago, employees come first - thatalls and why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Who we are Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities. Simply said, we are a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment. What its like to work here We bring people together. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us. What youd do

Manager, Mortgage Analytics

is accountable for analyzing and deriving insights from MPF and other mortgage data to inform the Banks strategy and drive continued success across the enterprise. How youd make an impact You will lead a team of analysts in extracting valuable insights, identifying trends, and enhancing reporting processes related to the Banks national whole loan mortgage purchase program, Mortgage Partnership Finance (MPF). Your efforts will give senior Bank leaders and other MPF stakeholders the information they need to understand key issues and risks facing the MPF Program and provide them with insights on how to move the program forward successfully. What you can expect Oversee a high performing and technically proficient mortgage analytics and insights team that provides actionable insights on the Banks MPF/mortgage loan portfolio and Acquired Member Assets (AMA) business line as well as on those of other FHLBanks. Responsible for developing and maintaining centralized reporting on the volumes, quality, risk, and performance of the MPF/mortgage loan portfolio for management, other FHLBs, and the Board. Manage regulatory reporting on the MPF/mortgage loan portfolio to the FHFA, Office of Finance, and rating agencies as required. Lead the build out of the teams advanced analytics capabilities. Lead internal and external communication on the performance and risk of the Banks MPF/mortgage loan portfolio. Encourages teamwork, professionalism, and high morale on the team and throughout the Bank. Drive process improvements and efficiencies to eliminate or reduce manual processes and lower the risk of error. Manage all staffing duties for the team including hiring/separations, performance management, staff development, and day-to-day employee related issues. Carry out data governance tasks related to the MPF/mortgage loan portfolio as required. Carry out ad hoc requests from executives, Internal Audit, and other areas in the Bank as needed. What youd bring Bachelors Degree in Finance, Economics or similar quantitative field. Masters degree preferred. 7-10 years of experience Direct experience analyzing mortgage loan portfolios or mortgage-backed securities strongly preferred. Strong leadership, management, and coaching skills are a must. High degree of independent thinking, organization, professionalism, use of logical reasoning, excellent math aptitude, and ability to cope with interruptions and handle multiple tasks concurrently is required. Excellent interpersonal communication skills (written, oral, and listening) are required. Previous management/supervisory experience is preferred. Familiarity with mortgage lending, servicing, and analysis required. Must have proven ability using various BI tools. The Perks Competitive compensation and bonus package. Comprehensive benefits program including retirement (401(k) and pension), medical, dental, and vision insurance, Lifestyle Spending Account, and a competitive PTO plan. 11 paid holidays per year. Central downtown location with easy access to public transportation. Salary $125,825.00 - $221,275.00 Note: The above represents the expected salary range for this job requisition. In determining pay, we may consider experience and other job-related factors. A comprehensive benefits package is offered.

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