Business Risk Management Analyst

Federal Home Loan Bank of Chicago - Chicago, IL

Hiring: Business Risk Management Analyst Company: Federal Home Loan Bank of Chicago Location: Chicago, IL Job Posted Time: 2026-09-10 11:41:38 Employment Type: Remote Target Skills & Keywords : CFA, Databricks, Microsoft Excel, Risk Management, SQL About the job Experience: •1-3 years of experience in risk, controls, audit, compliance, operations, or analytics at a financial institution; relevant internships and rotational experience will be considered. •3 years of experience in risk, controls, audit, compliance, operations, or analytics at a financial institution; relevant internships and rotational experience will be considered. Required Skills: •This is a hands-on analytical role for someone who is detail-oriented, organized, and comfortable working with data, documentation, and cross-functional partners. The Analyst will build durable first-line risk skills while supporting a function that is central to the Bank’s control environment. •This position sits within the Member Financial Strategies group, reports to the Sr. Manager, Business Risk Management, and partners with Solutions, Sales, Sales Operations, Risk Management, Compliance, and Internal Audit. •How You'll Make An Impact •Architect and deliver and shape a growing first-line risk management function that plays a critical role in supporting the Bank's member-facing businesses and strategic objectives. •Turn data into insights by analyzing risk trends, developing reporting solutions, and helping leadership make informed decisions. •Influence sound business decisions and risk disciplines while partnering with stakeholders across the first, second, and third lines of defense. •Appropriateness & Transaction Support •Perform initial appropriateness reviews of member transactions and solution designs against the established framework, flagging items for Manager review Qualifications: •Bachelor’s degree in Finance, Economics, Statistics, Business Analytics, Risk Management, or a related field. Advanced degree or relevant professional certification (FRM, CFA, PRM, CERP) is a plus. •Strong data and analytical skills, including proficiency in Excel; familiarity with SQL, Tableau, or Databricks is a plus. •Exposure to risk frameworks, controls, or the MPF program is a plus. •Demonstrated ability to manage recurring deliverables accurately and on deadline. •Solid analytical and documentation skills, with strong attention to detail and accuracy. •Foundational risk fundamentals, including familiarity with KRIs and exposure analysis. •Developing regulatory awareness, including an understanding of the three-lines-of-defense model. •Highly organized, with the ability to manage multiple recurring deliverables to deadline. •Exceptional written and verbal communication skills. •Collaborative and dependable, able to partner credibly across functions. Compensation: •$75,325 - $125,500 / year •Competitive benefits and rewards package Interested candidates, please apply directly through the job posting on company's career page or try via AI auto apply on this platform. Don't miss this opportunity to join a forward-thinking team!