Credit Analyst: Depository Risk & Finance

Federal Home Loan Bank of Chicago; Chicago (IL); On-site; USD 90,000 - 151,000; Full time

Benefits offered by this job

401(k) and Pension

Medical/Dental/Vision insurance

Lifestyle Spending Account

PTO and holidays

Downtown location

Job summary

The Federal Home Loan Bank of Chicago is seeking a Credit Analyst to monitor credit risk for member institutions and support risk decisions across the credit portfolio. You will review financial data, prepare surveillance reports, and contribute to risk-rating discussions with senior staff.

Ideal candidates bring a finance or economics background with 2+ years in credit or financial analysis, strong communication skills, and proficiency in MS Office and data tools such as Tableau or Bloomberg.

Qualifications

• Bachelor's degree in finance, accounting, economics, business, risk management, or related field.
• 2+ years of experience in credit analysis, financial analysis, banking, risk management, or related field.
• Ability to interpret financial statements and connect income statement, balance sheet, cash-flow, and asset-quality trends.
• Clear written and verbal communication and strong documentation skills.

Responsibilities

• Monitor credit risk of depository member institutions through ongoing analysis.
• Prepare quarterly credit summaries and surveillance reports following established templates.
• Assist with risk-rating assessments and credit-limit recommendations.
• Support member reviews, special reviews, and targeted analyses.
• Maintain well-supported credit files with clear source data and assumptions.
• Collaborate with Credit Risk, Collateral, and other stakeholders on risk decisions.

Skills

Financial analysis

Credit analysis

Written communication

Team collaboration

Time management

MS Office

Detail orientation

Problem solving

Education

Bachelor's degree in finance/economics/business

Tools

Tableau

VBA

R

S&P CapIQ

Bloomberg

Excel

Job description

The Federal Home Loan Bank of Chicago is seeking a Credit Analyst to monitor credit risk for member institutions and support risk decisions across the credit portfolio. You will review financial data, prepare surveillance reports, and contribute to risk-rating discussions with senior staff.

Ideal candidates bring a finance or economics background with 2+ years in credit or financial analysis, strong communication skills, and proficiency in MS Office and data tools such as Tableau or Bloomberg.