Risk Analyst Market Risk

3 weeks ago

Chicago, United States BankTalent HQ Full time
Join the FHLBC team

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.
* Retirement program (401k and Pension)
* Medical, dental and vision insurance
* Lifestyle Spending Account
* Generous PTO plan
* 11 paid holidays per year
* Hybrid working model

Who we are:

Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.

Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

What it's like to work here:

At FHLBank Chicago, we bring people together. Our regular All-Staff meetings keep employees informed and our values drive the work that we do. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Through our Office of Diversity, Equity and Inclusion (DEI), we host signature and employee-led events to celebrate our differences and learn from each other and identify volunteer opportunities to strengthen our communities; and Employee Resource Groups (ERGs) and culture teams create connections around shared interests and experiences. We offer live and on-demand professional development opportunities to grow your skillset and your career.

What you'll do:

In this role, you will be responsible for providing the accurate & timely measurement, analysis, monitoring, and reporting of market risk for the Bank. Making recommendations pertaining to reporting and security valuations as well as running and monitoring the daily risk reporting cycle.

How you'll make an impact:
  • Monitor Bank's risk exposures and support bank's asset liability management.
  • Gain exposure to different types of financial securities and provide the fair value for the bank's balance sheet.
  • Work in a team-based environment and build strong, trustworthy partnerships with internal stakeholders.
What you can expect:
  • Responsible for reporting the risk exposure and MVE (Market Value of Equity)/BVE (Book Value of Equity) of bank's balance sheet.
  • Responsible for the maintenance and upgrade of the risk management systems, performing quantitative test to assess any changes/enhancements to the pricing models within vendor's application.
  • Research new ways to automate/improve operation and reporting process.
  • Troubleshoot and bring to a quick resolution issues impacting regulatory reporting
  • Work effectively with other risk analysts in the group and perform ad-hoc analysis to support other teams across the bank.
  • Work on other projects supporting bank's initiative.
What you'll bring:
  • 1-3 years' work experience.
  • Bachelor or Advanced degree in finance, economics, mathematics, statistics, or other quantitative or computing fields and/or equivalent work experience.
  • CFA or FRM would be considered applicable experience.
  • Proficient in MS Excel and Word.
  • Access/SQL Database experience.
  • Familiar with at least one programming language, python or VBA is preferred.
  • Exposure to vendor or in-house software used for security evaluation and risk is preferred.
  • Passionate about risk management and interested in market risk analysis.
  • Basic understanding in fixed income, mortgage securities or derivatives.
  • Must gain comprehensive knowledge of the bank's modeling tools used for risk and valuation
  • Detail-oriented and possess analytical skills necessary to research, troubleshoot, prepare, and present a variety of reports and analyses in a fast-paced, continually evolving atmosphere.
  • Excellent verbal and written communication skills.
  • Able to work effectively under pressure, either independently or as a member of a team.
  • Must be willing to work with flexibility and dependability - work schedule may include shifts outside the normal business hours.


The perks:

At FHLBank Chicago, we believe in rewarding our high performing workforce. We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Our retirement program includes a 401(k) and pension plan. Our wellbeing program supports employees at work and in their personal lives: Our generous PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year; our Lifestyle Spending Account provides an annual stipend for employees to support wellbeing activities; and our central downtown location at the Old Post Office provides easy access to public transportation and breathtaking views from our award-winning rooftop. Step into a brighter future with us. #LI-Hybrid

  • Risk Analyst Market Risk Specialist

    4 weeks ago

    Chicago, Illinois, United States Federal Home Loan Bank of Chicago Full time

    Market Risk Analyst Job DescriptionAt the Federal Home Loan Bank of Chicago, we are seeking a skilled Market Risk Analyst to join our team. As a Market Risk Analyst, you will be responsible for providing accurate and timely measurement, analysis, monitoring, and reporting of market risk for the Bank. This includes making recommendations pertaining to...

  • Risk Analyst

    5 days ago

    Chicago, United States Chicago Financial Search, Inc. Full time

    Risk AnalystAre you a Risk Analyst who has hands-on experience mitigating risks associated with futures and derivatives trading? If you enjoy the challenges of monitoring intraday and end-of-day risk exposure as well as evaluating margin requirements and assessing potential client credit exposures, then you are at the right place!The client is a Financial...

  • Risk Analyst

    1 month ago

    Chicago, United States ricciandassociates Full time

    Ricci & Associates is seeking a meticulous and analytical Risk Analyst to identify assess and mitigate risks that could impact the organizations operations and financial performance. The ideal candidate will evaluate both internal and external threats analyze business data and provide actionable insights to inform decisionmaking. This role requires a...

  • Risk Analyst

    4 weeks ago

    Chicago, United States ricciandassociates Full time

    Ricci & Associates is seeking a meticulous and analytical Risk Analyst to identify assess and mitigate risks that could impact the organizations operations and financial performance. The ideal candidate will evaluate both internal and external threats analyze business data and provide actionable insights to inform decisionmaking. This role requires a...

  • Market Risk Analyst/Senior Analyst, Derivatives

    4 weeks ago

    Chicago, Illinois, United States Robinhood Full time

    About the RoleWe are seeking a highly skilled Market Risk Analyst/Senior Analyst to join our Derivatives team at Robinhood. As a key member of our team, you will be responsible for performing real-time risk assessments of our clients' positions in equities, options, and futures, and taking appropriate action to mitigate potential exposure.Key...

  • Risk Analyst

    2 months ago

    Chicago, United States TEKsystems Full time

    Job DescriptionJob DescriptionTop Skills' Details• Overall security knowledge, specifically in Encryption tools and techniques, Systems Support/Server Admin experience, Identify Access Management, and Third Party Evaluation process• Must have security controls experience on the supplier side- Third Party risk management( A risk analyst at third...

  • Risk Management Analyst

    1 month ago

    chicago, United States JSS Search Full time

    A boutique trading business are looking to make their first risk hire in Chicago, with the addition of a Risk Analyst. The role will support the international risk team and on the ground traders, focussing on risk strategies for options trading. The ideal candidate will have prior risk management experience in a similar environment, with strong working...

  • Risk Management Analyst

    1 month ago

    chicago, United States JSS Search Full time

    A boutique trading business are looking to make their first risk hire in Chicago, with the addition of a Risk Analyst. The role will support the international risk team and on the ground traders, focussing on risk strategies for options trading. The ideal candidate will have prior risk management experience in a similar environment, with strong working...

  • Risk Management Analyst

    1 month ago

    Chicago, United States JSS Search Full time

    A boutique trading business are looking to make their first risk hire in Chicago, with the addition of a Risk Analyst. The role will support the international risk team and on the ground traders, focussing on risk strategies for options trading. The ideal candidate will have prior risk management experience in a similar environment, with strong working...

  • Portfolio Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States Insight Global Full time

    Job Title: Portfolio Risk AnalystInsight Global is seeking a highly skilled Portfolio Risk Analyst to join our global banking client's Consumer Credit Risk team. As a key member of the team, you will support the execution of accurate and efficient reporting solutions for risk, regulatory, and management information to internal and external stakeholders.Key...

  • Business Systems Analyst Intern

    4 weeks ago

    Chicago, Illinois, United States Origami Risk Full time

    Job SummaryAs a Business Systems Analyst Intern at Origami Risk, you will contribute to successful project implementations and provide ongoing client support. Your responsibilities will include designing and implementing client solutions, assisting in hands-on configuration of the system, maintaining client relationships, and providing technical and product...

  • Credit Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States Alliant Credit Union Full time

    Job SummaryWe are seeking a highly skilled Credit Risk Analyst to join our team at Alliant Credit Union. As a Credit Risk Analyst, you will play a critical role in developing and reviewing credit policies and strategies, as well as data and analytical frameworks for loan origination and loss forecasting.Key ResponsibilitiesAnalyze origination risk factors...

  • Senior Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States BMO Financial Group Full time

    Job SummaryWe are seeking a highly skilled Senior Risk Analyst to join our team at BMO Financial Group. As a Senior Risk Analyst, you will play a key role in supporting the research and development of stress testing and scenario analysis methodologies and related strategies.Key ResponsibilitiesDevelop and maintain in-depth knowledge of business and related...

  • Risk Management Specialist

    4 weeks ago

    Chicago, Illinois, United States MAVEN Full time

    About the RoleMaven is a technologically advanced proprietary trading organization that requires a skilled Risk Analyst to join its team. As a Risk Analyst, you will be responsible for monitoring and managing risk across the organization's diverse trading activities.Key ResponsibilitiesMonitor and analyze market risk, credit risk, and operational risk across...

  • Portfolio Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States Insight Global Full time

    Job DescriptionInsight Global is seeking a highly skilled Portfolio Risk & Analytics Analyst to join our global banking client's Consumer Credit Risk team.This individual will support the execution of accurate and efficient reporting solutions for risk, regulatory, and management information to internal and external stakeholders, including regulatory...

  • Market Risk Specialist

    4 weeks ago

    Chicago, Illinois, United States Insight Global Full time

    Key Responsibilities:As a Market Risk Specialist at Insight Global, you will be responsible for reducing market risk and resolving trade-related issues.Required Skills:3+ years of experience in a similar roleStrong knowledge of trade allocation processesFamiliarity with GMI experience and/or exposureSeries 3 certification a plusWhat We're Looking For:A...

  • Risk Management Specialist

    4 weeks ago

    Chicago, Illinois, United States JSS Search Full time

    A boutique trading business in Chicago is seeking a Risk Analyst to support the international risk team and on-the-ground traders. The ideal candidate will have prior risk management experience in a similar environment, with a strong working knowledge of options.Key ResponsibilitiesDevelop and maintain daily risk processesInterpret and create risk...

  • Senior Risk Analyst

    7 months ago

    Chicago, United States Metropolitan Water Reclamation District of Greater Chicago Full time

    General Statement Under direction, assists the Risk Manager in the development and implementation of the District’s risk management programs and processes, communication of programs to operating units, and departmental data analysis. Essential Job Functions Essential job functions are fundamental, core functions common to positions in a...

  • Market Risk Management Leader

    4 weeks ago

    Chicago, Illinois, United States BMO Financial Group Full time

    Job DescriptionWe are seeking a highly skilled Market Risk Management Leader to join our team at BMO Financial Group. The ideal candidate will have a strong background in risk management, with experience in developing and implementing risk management frameworks and policies.Key ResponsibilitiesDevelop and implement risk management frameworks and policies to...

  • Corporate Credit Risk Analyst

    4 weeks ago

    Chicago, Illinois, United States Bank of America Full time

    **Job Title:** Corporate Credit Risk Analyst**Job Summary:**We are seeking a highly skilled Corporate Credit Risk Analyst to join our team at Bank of America. As a key member of our credit risk management team, you will be responsible for analyzing and interpreting client credit worthiness, evaluating credit risks, and writing credit approval memos for...