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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.
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 - $150,700.00The 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
Federal Home Loan Bank of Chicago Chicago, Illinois, USA Office
433 West Van Buren Street, Suite 501S, , Chicago, IL , United States, 60607
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