Sr. ERM Risk Analyst


Chicago, IL

Industry: Financial Services


Less than 5 years

Posted 265 days ago

  by    Meri Sheehan

This job is no longer available.

The Federal Home Loan Bank of Chicago is seeking an experienced Senior Analyst to join our Enterprise Risk Management team. The group takes on a diverse role in identifying, evaluating, measuring, and monitoring key risks to the Bank. The primary responsibility is evaluating new activities and services, with a focus on the Bank?s mortgage purchase program. 

*Position Level may be higher or lower, dependent on the selected candidate's experience.


  • Assess how the market, credit and operational risks associated with new or modified mortgage program products or services fit within the Bank's strategy and risk profile.
  • Analyze the volumes, quality, risk, and performance of the Bank?s mortgage program.
  • Conduct analysis of mortgage program KRIs and KPIs for purposes of enterprise riskreporting.
  • Streamline and automate consumption of key data from large and complex sources to supportrisk analysis of the Bank?s mortgage program.
  • Build and maintain reporting dashboards to enhance Risk Management reporting, leveraging business intelligence tools such as Tableau.
  • Encourage teamwork, professionalism and high morale, throughout the department and the Bank and assists otherrisk groups as needed.
  • Create efficiencies within work tasks to eliminate or reduce manual processes.
  • Other duties as assigned.


  • Minimum of 3 - 5 years of experience in the secondary mortgage market required, preferably in a Risk or Financial Analyst role.
  • Strong risk and data analytical skills which can translate to riskreporting.
  • Ability to review new products and services and understand process flows and identify inherent risks.
  • In-depth experience organizing, consuming and analyzing large and complex data is requried.
  • A high level of proficiency with Microsoft Suite, especially Excel is required.
  • Experience using Tableau is preferred.
  • Bachelor?s degree with an emphasis in Finance, Business, Economics, Mathematics and/or equivalent work experience is required.


  • Ability to work independently, accurately and to meet deadlines.
  • Strong interpersonal skills with the ability to communicate effectively with both internal and external clients and industry professionals.
  • Candidate must be motivated to learn and succeed in a demanding environment that requires solutions to complex challenges.
  • Candidate must work well in a team environment.
  • Excellent oral and written communication skills including the ability to present on complex topics to senior management.

$80K - $126K