The Senior Analyst will assist the Strategy and Solutions team in the Members & Markets Group at FHLBC (Bank). Activities include analyzing and interpreting economic and financial market data, modeling and analyzing balance sheets of financial institutions, including banks, credit unions and insurance companies, and developing asset-liability product solutions and ideas. Also work closely with other members of the Sales, Strategy and Solutions, Balance Sheet Management, and the Mortgage Trading desk to assist in the creation of strategies for Bank members (clients) that use the Bank's products and services.
Assist in researching, compiling, analyzing, interpreting, and preparing data on economic and fixed-income/mortgage investment conditions in the U.S. with a focus on Illinois and Wisconsin
Prepare reports detailing results of performed research
Research banking data from sources such as the Federal Reserve, FDIC, OCC, SEC reports and SNL to produce timely reports for the awareness and education of Sales and Solutions staff as well as for member use
Build reporting tools to organize data into valuable information for the use of Sales and Solutions teams
Assist in developing models, analytics, and tools to assist sales directors in sustaining and growing member usage across products lines (advances, MPF, LOCs, AHP, non-credit services)
Work with Solutions Team to analyze member business problems and identify opportunities to offer solutions
Interact with clients to explain models and products
Study financial institution business models and identify future/emerging trends
Maintain and expand industry and product knowledge to be relevant and beneficial to members needs
Obtain mortgage market pricing and competitive data to compare market executions
Implement and automate new models and forecasts using programming and business skills
Other Members and Markets projects as assigned
5+ years of experience in a financial institution involving one or more of the following: market analysis, balance sheet modeling, mortgage/investment research, statistical modeling, financial engineering, computer programming, and/or risk modeling.
MS Office (MS PowerPoint, Excel), VBA, C#, R, and HTML experience a plus.
Database experience/mapping and software such as MS Access, Tableau, SQL required
Bachelor's degree in Finance, Accounting, Mathematics, Economics, or related field. Knowledge of financial engineering, risk modeling and computer programming a plus. CFA/Masters/PhD degrees a plus.
Knowledge, Skills, Abilities and Behaviors:
Must have excellent communication (verbal, written, and listening) skills
Strong quantitative, analytical and computer programming skills
Ability to create and manipulate spreadsheets and data
Requires ability to break down ideas/issues leading to solutions
Ability to conduct research to uncover answers and provide solutions
Organized and highly detail oriented
Self-directed, yet strong orientation to be successful in groups
Internal Number: oztM7fwF
About Federal Home Loan Bank of Chicago
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 t...he 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.