Federal Home Loan Bank of Chicago
Senior Risk Analyst
Federal Home Loan Bank of Chicago
Chicago, IL
Seniority level:
Mid-Senior level
Employment type:
Full-time
Job function:
Finance and Sales
Industries:
Banking
Location proximity:
Must live within normal commuting distance of worksite. 50 days a year remote work allowed.
Salary Range:
$90,400.00 - $150,700.00
Benefits:
Collaborative, in-office operating model
Retirement program (401k and Pension)
Medical, dental and vision insurance
Lifestyle Spending Account
Competitive PTO plan
11 paid holidays per year
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
Position Requirements
Master's degree in Finance, Mathematics, Financial Mathematics or related field
2 years of related experience
Experience providing measurement, analysis, monitoring, and reporting of market risk for fixed income products and interest rate derivatives
Experience reporting risk exposure and Market Value of Equity/Book Value of Equity of bank’s balance sheet
Experience maintaining and upgrading risk management systems by performing quantitative tests to assess changes or enhancements to pricing models
Experience researching new ways to automate or improve operation and reporting processes
Related site: https://hrportal.ehr.com/fhlbc
#J-18808-Ljbffr
Chicago, IL
Seniority level:
Mid-Senior level
Employment type:
Full-time
Job function:
Finance and Sales
Industries:
Banking
Location proximity:
Must live within normal commuting distance of worksite. 50 days a year remote work allowed.
Salary Range:
$90,400.00 - $150,700.00
Benefits:
Collaborative, in-office operating model
Retirement program (401k and Pension)
Medical, dental and vision insurance
Lifestyle Spending Account
Competitive PTO plan
11 paid holidays per year
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
Position Requirements
Master's degree in Finance, Mathematics, Financial Mathematics or related field
2 years of related experience
Experience providing measurement, analysis, monitoring, and reporting of market risk for fixed income products and interest rate derivatives
Experience reporting risk exposure and Market Value of Equity/Book Value of Equity of bank’s balance sheet
Experience maintaining and upgrading risk management systems by performing quantitative tests to assess changes or enhancements to pricing models
Experience researching new ways to automate or improve operation and reporting processes
Related site: https://hrportal.ehr.com/fhlbc
#J-18808-Ljbffr