Fhlbc
Model Risk Analyst
Chicago
Sponsorship not specified$75k-$126kDetected 30 days ago
PythonAlgorithmsSQLMachine LearningData AnalysisData VisualizationStatisticsFinancial ModelingExcelCommunicationPublic SpeakingMicrosoft OfficeCFA
About the role
- Our Buddy Program pairs new hires with tenured employees to guide their onboarding.
- Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us.
- Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success.
Responsibilities
- Drive Innovation: Lead the charge in enhancing credit and financial models by challenging current methods and proposing innovative enhancements to improve model effectiveness.
- Collaborate and Influence: Work closely with model owners and stakeholders, presenting testing results and providing constructive recommendations to strengthen our risk management practices.
- Automate and Optimize: Recommend new ways to automate and improve the modeling process, ensuring efficiency and accuracy in our financial risk assessments.
- Work effectively with other risk analysts within MRM and perform ad-hoc analysis to support model-related initiatives
- Perform sensitivity analysis and attribution analysis to determine the key financial risk factor(s)/input(s) impacting the Model
- Perform independent benchmarking, back testing and other analysis for applicable models
Requirements
- Graduate Degree (MS/MA/MBA) in a quantitative discipline (e.g., Mathematics, Statistics, Financial Mathematics, Econometrics);
- What you can expect
Compensation
- $75,325.00 - $125,500.00
- 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
- 11 paid holidays per year
Benefits
- We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.
- Our retirement program includes a 401(k) and pension plan.
- Visit FHLBCbenefits.com for additional details about our benefits.
- Retirement program (401k and Pension)
- Medical, dental and vision insurance
- Competitive PTO plan
- Experience using machine learning techniques utilizing regression and classification algorithms preferred;
Company info
- 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're 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, from urban centers to rural areas.
- 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 it's like to work here
- At FHLBank Chicago, we bring people together.
- We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin.
- To support balance and flexibility, employees are provided with an allocation of remote days to use as needed throughout the year.
- 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.
- At FHLBank Chicago, we believe in rewarding our high performing workforce.
This listing is sourced directly from Fhlbc's careers page and normalized into a canonical job model.