Fhlbc
Risk Analyst Income Simulation
Chicago
Sponsorship not specified$75k-$126kDetected 30 days ago
PythonStatisticsBusiness DevelopmentAccountingForecastingExcelCommunicationProblem SolvingMicrosoft OfficeRisk ModelingCFA
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
- You will perform income at risk modeling and analysis, limits monitoring and reporting.
- Enable strategic decision-making by delivering robust income at risk modeling, forecasting, and scenario analysis to support the Bank's balance sheet strategy and CFO-led planning processes.
- Drive cross-functional insights and process efficiency by partnering with business units to refine assumptions, evaluate new products and hedging strategies, and improve forecasting and modeling processes.
- Support income forecasting and risk analysis processes, to model the Bank's income at risk, risk exposures and sensitivity to each.
- Lead the preparation and development of reporting and presentation for various internal committees and Board meetings.
- Collaborate with business units to understand and refresh assumptions on future member activity and investment capacity.
- Collaborate with internal stakeholder on modelling changes and version upgrades to implement changes and assess income impact.
- Collaborate with other departments on new product development, new investment consideration and hedge strategy implementation to assess income impact.
- The ability to self-manage and work on multiple deliverables concurrently.
Requirements
- 3-5 years of experience in ALM, risk management, risk modeling or fixed income capital markets.
- What you can expect
Nice to have
- Bachelor's degree in Accounting or a quantitative field (Mathematical Finance, Computational Finance, Computer Science, Finance, Statistics, and Mathematics).
- Master's degree preferred.
- A designation of CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) is a plus.
- Knowledge of VBA and one other programming language (Python, R) is a PLUS
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
- Support the CFO in the annual Strategic Planning process by incorporating additional risk/stress scenarios in the income forecast process and risk analysis framework.
- 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
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 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.