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.
* Medical, dental and vision insurance * Retirement program (401k and Pension) * Generous PTO plan * 10 paid holidays per year * Work from home options * Casual dress code
As a member of the FHLBank Internal Audit team you will have the opportunity to influence change by developing innovative approaches that help drive continuous improvement for our business and our audit process. We encourage our team members to think creatively and challenge the status quo. Members of the audit team are expected to take initiative and exercise independent judgment in delivering practical, value added approaches and recommendations to identify ways to enhance the bank's risk management and business environment.
The Audit Manager works under the direction of the Sr. Audit Director and is accountable for performing complex level internal audit work, providing consulting services to the business, providing input into the development of the annual audit plan and coaching and development of staff. Essential duties and responsibilities include but are not limited to:
Identify and evaluate the organizational risk and provide input into the enterprise risk assessment periodically.
Perform project risk assessments.
Execute audit projects from end to end including planning, performing audit procedures, identifying and communicating issues, writing audit reports and communicating audit results.
Establish and maintain relationships with business clients and facilitate conversations to gain buy-in and commitment to action plans.
Execute tasks related to the more complex and high risk areas of audit projects.
Review audit work papers and ensure audit objectives are met.
Represent internal audit on change project initiatives.
Work with the internal audit data analytics analyst in supporting our data analytics initiative and lead the team in data driven decision making.
Exercise judgment to identify, diagnose, and solve problems.
Bachelor's degree in Finance, Accounting or equivalent practical experience.
6+ years banking or financial services audit experience.
Basic MS Office experience (Excel, Word)
Understanding of industry audit frameworks.
Ability to multitask, prioritize and demonstrate project management skills.
Strong critical thinking and intuitive problem solving approach.
Constructive professional skepticism and inquisitiveness.
Continuous improvement mindset.
Certified Internal Auditor (CIA), Certified Public Accountant (CPA) or some other relevant certification or working towards certification.
Understanding and/or experience working in the secondary mortgage market.
Understanding and/or experience in retail and/or wholesale mortgage businesses and financial markets.
Experience in utilizing data analytics to enhance the audit process.
Strong technology understanding and experience in integration the technology environment into the audit approach.
Experience in aligned assurance and collaboration with other risk management and business compliance functions.
The Federal Home Loan Bank of Chicago is a $100 billion wholesale bank and one of 11 district banks chartered in 1932 by the U.S. Congress to support mortgage lending and community investment. Each FHLBank operates as an independent organization and is governed by a board of directors elected by its member institutions. As a cooperative, we provide reliable liquidity to our member banks, credit unions, insurance companies, and community development financial institutions located in Illinois and Wisconsin, focusing on the distinct needs of their individual businesses and communities.
We offer products and services to help our members fund loans and investments held in portfolio, manage liquidity, fund mortgages into the secondary market, secure third party agreements, and achieve asset liability management goals. Through our Community Investment and Affordable Housing programs, we also help our members to provide affordable housing and economic development in the communities they serve.
FHLBank Chicago is a place, where everyone can make a difference—both for our organization and for the communities we serve through our member financial institutions. We aim to create a diverse... and inclusive environment where employees are fully engaged and positioned to do their best work. Teamwork is valued, and even entry-level hires may find themselves working side-by-side with senior-level executives.