The Federal Home Loan Bank of Chicago
Sr. Risk Analyst
The Federal Home Loan Bank of Chicago, Chicago, Illinois, United States, 60290
At the Federal Home Loan Bank of Chicago, employees come first - that's 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.
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
Senior Risk Analyst Chicago
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
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
Must live within normal commuting distance of worksite. 50 days a year remote work allowed.
Salary Range $90,400.00 - $150,700.00
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc
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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
Senior Risk Analyst Chicago
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
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
Must live within normal commuting distance of worksite. 50 days a year remote work allowed.
Salary Range $90,400.00 - $150,700.00
The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc
#J-18808-Ljbffr