The Federal Home Loan Bank of Chicago is looking to attract, develop, and retain high-achieving and driven employees to build a strong pipeline within their Risk Management and Treasury functions through a 2-year rotational program.
Requirements
- Experience and exposure to programming for data analysis and statistical/numerical techniques (SQL, SAS, R, VBA, and others as appropriate).
- Experience in data visualization techniques and associated software (such as Tableau)
- Mastery of the Microsoft Office Suite.
- Strong quantitative, analytical, and problem-solving skills.
- Knowledge of statistical techniques and data mining concepts and approaches.
- Proven ability to develop, analyze, and effectively interpret data.
- Critical thinking to define problems, collect data, establish facts, and draw valid conclusions.
Responsibilities
- Responsible for developing and/or utilizing tools to analyze, monitor and create reports/processes to measure risk for the bank.
- Lead in interest rate model and prepayment model monitoring by back-testing and benchmarking.
- Automate existing process to increase efficiency.
- Support different aspects of the validation process (e.g., data verification, modeling theory, benchmarking, back testing, and reporting, emerging risks).
- Perform analytics and risk assessment on a large residential & commercial whole loan portfolio through the use of cash flow modeling, examination of loan level characteristics and risk structures.
- Extract, transform and load data into various reporting and analysis formats for utilization.
- Design, develop, maintain and run tools to execute daily processes.
Other
- Collaborative, in-office operating model
- Ability to develop, maintain, and foster relationships throughout our organization.
- A high degree of professionalism with outstanding communication (written, verbal, and listening) skills.
- Ability to self-start and self-motivate, a willingness to take an active role to drive results by collaborating with peers and operational leadership.
- Applicants for employment must have work authorization that does not now or in the future require sponsorship of a visa for employment authorization in the United States and with FHLBC (i.e., H1-B visa, F-1 visa (OPT), TN visa or any other non-immigrant status).
