Position Summary: To provide executive-level Leadership of Human Resources and advice, guidance and support to the Executive Team and Leadership Council. Duties: · Establishes Group goals to support the strategic objectives of the Bank · Serves as a member of the Executive Team of the Bank and advisor to the Executive Team on issues related to employment, work/life balance, diversity and inclusion, and compensation and benefits · A driver of cultural transformation consistent with the Bank's mission and values · Manages the Bank's succession planning and talent development for the Bank · Provides counsel and advice, directly and through the management of a strong and well-integrated team, to managers and employees at all levels on human resources matters. · Leads the Executive Team in workforce planning including addressing the generational transformation anticipated over the next decade and the recruitment and talent development to manage through that transition · Leads positive and productive interactions with FHFA personnel on issues related to human resources and compensation in Chicago and Washington · Manages the performance appraisal, goals assessment, compensation and salary administration programs; monitors all human resources practices and training functions. · Manages Group personnel by making decisions regarding employment, performance appraisals, training and development; recommends salary increases, promotions, transfers and terminations · Manages the preparation and dissemination of the Bank's EEO/AA plan in accordance with applicable laws and regulations, reports of personnel, benefits, recruitment, salary surveys, worker's compensation, unemployment insurance, and other programs. · Oversees the maintenance and updating of the employee handbook; recommends policy and procedure changes · Represents the Bank as a member of the FHLBank System Human Resources Officers Committee · Primary staff to the Human Resources & Compensation Committee of the Board of Directors and provides direct support to the Chair of that Committee · Member of the Bank's Disclosure, Operational Risk, and Re-engineering committees · Acts as the Bank's Equal Employment Opportunity Officer · With their management team, creates and monitors group budget and expenses Requirements: · 10 - 15 years of line, operations, or staff management experience at the Bank or in comparable financial institutions with strong track record as a highly effective manager and leader. · Demonstrated capability in managing an array of issues with particular emphasis on balancing the needs of the organization with those of our employees · A commitment to making our HR organization a core factor in execution our diversity and inclusion strategy and to enhancing the overall quality of our work environment · Bachelor's degree from accredited college or university Knowledge, Skills, Abilities and Behaviors: · A high level of personal and professional integrity · Strong management and leadership track record at the Bank · Agent of change and development within the organization · Excellent communication skills (written, oral, and listening) are essential · Comfortable interacting with all levels of the organization and with the Board of Directors · Strategic in thought and approach · Models a high degree of professionalism · Planning, delegating, problem solving and decision making skills. · Ability to see both an employee's and manager's side of an issue; ability to confront people when their attitudes or behavior put the Bank at risk legally or ethically. · Strong presentation skills · Strong business and process management skills
The Federal Home Loan Bank of Chicago is a $72.0 billion wholesale bank and one of 11 district banks chartered in 1932 by the U.S. Congress to improve the availability of funds to support home ownership. The FHLB Chicago is a member-owned cooperative serving members in our district of Illinois and Wisconsin. All federally insured depository institutions, insurance companies engaged in residential ...housing finance, credit unions, and community development financial institutions located in our district are eligible to apply for membership. Today, the FHLB System, which is regulated by the Federal Housing Finance Agency, has more than 7,500 members.
The FHLB Chicago strives to be a valuable partner to our member financial institutions in Illinois and Wisconsin during all phases of financial and economic cycles. The mission of the Federal Home Loan Bank of Chicago is to partner with our member shareholders in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities.
The Federal Home Loan Bank of Chicago is committed to diversity at all levels of our organization from the employees we hire to the programs, institutions, and businesses we support. Our goal is to recruit, hire, and develop talented staff and to offer a work environment that allows them to do their best work.