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 * 11 paid holidays per year * Hybrid working model (effective February 22, 2022) * Casual dress code
ROTATIONAL PROGRAM ANALYST
The Federal Home Loan Bank of Chicago is looking to hire high-achieving and driven college graduates to enter our 2024 Rotational Analyst Program. This intensive entry-level program provides analysts with the opportunity to move through four, six month rotations within our internal business functions with exposure to financial analytics, reporting procedures, banking operations, and customer support.
Throughout the two-year program, rotational analysts are expected to gain a deep understanding of how we support our customers through the products and services the cooperative offers. Analysts will have the opportunity to create various transaction reports, learn and participate in examining existing financial and operational processes within the context of risk and regulatory requirements, and analyze quantitative data from enterprise and portfolio management applications. Rotational Analysts will move throughout multiple departments and acquire a solid base of skills that distinguish them as well-rounded, early-career professionals.
Duties and Responsibilities:
Prepare, review, and analyze monthly financial statements and supplemental information. Design, maintain, and improve a variety of financial reports with data integrity.
Assist customers in the execution of required documentation, transaction processing, account set up and maintenance, and fund transfers.
Manage the resolution of inquiries and issues ranging from basic to complex with a high level of service. This may involve working jointly with other departments and/or communicating across groups.
Support the accurate and timely resolution of customer and internal constituents' questions and concerns. Offer assistance that complies with our policies, procedures, and business processes.
Measure, monitor, and report on a variety of inbound and outbound departmental reports and metrics.
Systematic gathering, recording, assigning meaning, and suggesting conclusions from a quantitative and qualitative, risk, and return; perspective to support decision making, enhance products, product design, metric reporting, and training.
Bachelors degree in Finance, Economics, Math, Accounting, Business, or related field.
1-3 years of internship experience in the Financial Services industry preferred.
3.0 minimum undergrad GPA.
Ability to develop, maintain, and foster relationships throughout our organization.
Fluency in Excel; VBA, SQL, and Tableau is a plus.
Knowledge, Skills, Abilities and Behaviors Required:
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.
Attention to detail with respect to data and facility security, documentation, following policies, procedures, rules, and regulations.
Proven ability to develop, analyze, and effectively interpret data.
Critical thinking to define problems, collect data, establish facts, and draw valid conclusions.
Appropriately solicit, accept, and apply ongoing performance feedback.
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).
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.