What you'll do:As a Quantitative Analyst in Market Risk and Earnings Analysis, you will work with stakeholders across the organization, including Capital Markets, Business Development, Finance, and Balance Sheet Management, to measure, monitor, and analyze the financial risks faced by the Bank.
You will perform quantitative risk and earnings analysis, support risk limit monitoring and reporting, contribute to income simulation and strategic planning, and help develop advanced risk dashboards and analytics for senior management.
How you'll make an impact:- Improve risk monitoring by designing efficient and scalable processes that provide timely visibility into risk exposures and trends.
- Deliver proactive quantitative analysis to identify emerging risks and support evolving modeling needs driven by market conditions, regulatory developments, and management priorities.
- Support strategic decision-making by partnering with Capital Markets, and other stakeholders on income forecasting and planning.
- Modernize risk analytics by applying advanced visualization, data, and analytical tools to improve reporting, automation, and management insights.
What you can expect:- Perform quantitative analysis of the Bank'smarket risk exposures, earnings sensitivity, and key risk drivers
- Monitor risk limits, exposures, sensitivities, and emerging trends and communicate results to management.
- Partner with internal stakeholders onmodel enhancements, methodology changes, and system/version upgrades, including testing and impact analysis.
- Support thereengineering and automation of risk and performance dashboards leveraging advanced visualization tools and AI across large datasets.
- Prepare analysis, reporting, and presentations forinternal committees, management discussions, and risk meetings
- Support the CFO organization during the annual Strategic Planning process, including additional risk and stress scenarios within the income forecasting and risk analysis framework
- Collaborate with Capital Markets and other departments on new products, investment opportunities, and hedging strategies, including analysis of potential earnings and risk impacts.
- Support process reengineering, model documentation, controls, and End-User Computing (EUC) maintenance.
- Perform other duties as assigned.
What you'll bring:- 1-3 years of experience in risk management, quantitative risk modeling, asset/liability management, fixed-income analytics, or capital markets.
- Bachelor's degree in a quantitative or related field such as Mathematical Finance, Computational Finance, Computer Science, Finance, Statistics, Mathematics, Economics, or Accounting. Master's degree preferred.
- CFA (Chartered Financial Analyst) or FRM (Financial Risk Manager) designation, or progress toward either designation, is a plus.
- Strong quantitative, analytical, and problem-solving skills, with the ability to translate complex concepts into clear business insights.
- Strong written and verbal communication skills, including the ability to explain technical concepts to non-technical stakeholders.
- Detail-oriented, collaborative, and comfortable managing multiple priorities and deliverables.
- Experience with Python and/or SQL preferred.
- Experience with Tableau, Databricks, or similar data and visualization platforms preferred.
- Knowledge of fixed-income products, interest-rate risk, income simulation, scenario analysis, or balance-sheet risk management is a plus.
Salary Range:$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
