Credit Risk Analysis Manager — Lead a Two-Analyst Team

The Federal Home Loan Bank of Chicago; Chicago (IL); On-site; USD 125,825 - 221,275; Full time

Benefits offered by this job

401(k) plan

Pension plan

Medical insurance

Dental insurance

Vision insurance

Lifestyle Spending Account

Five weeks PTO (vacation)

11 paid holidays

Job summary

The Federal Home Loan Bank of Chicago is seeking a Manager, Credit Analysis to lead a two-analyst team overseeing depository and CDFI credit. You will support risk models, set underwriting standards, and work with relationship managers on risk mitigation.

Ideal candidates have 5–10 years in credit underwriting, strong data analysis skills, and MBA or related masters are preferred. This is an in-office role in Chicago with opportunities for professional growth.

Qualifications

• Bachelor's degree in Finance, Accounting, Management, Economics or related field; MBA preferred.
• 5–10 years of experience in credit underwriting of financial institutions.
• Strong communication skills and ability to analyze large data sets.
• Ability to work in a team-based environment with initiative.

Responsibilities

• Manage and oversee the depository and CDFI credit team with two analysts.
• Support mission-critical models for depositories and related policies.
• Perform quarterly credit analysis and determine risk ratings.
• Develop and implement credit underwriting standards for borrowers.
• Collaborate with Relationship Managers and borrowers on risk mitigation.

Skills

Credit underwriting

Interpersonal communication

Data analysis

Modeling

Team collaboration

Education

Bachelor's degree in Finance/Accounting/Economics

MBA or Master's preferred

Tools

Tableau

VBA

R

S&P CapIQ

Bloomberg

Job description

The Federal Home Loan Bank of Chicago is seeking a Manager, Credit Analysis to lead a two-analyst team overseeing depository and CDFI credit. You will support risk models, set underwriting standards, and work with relationship managers on risk mitigation.

Ideal candidates have 5–10 years in credit underwriting, strong data analysis skills, and MBA or related masters are preferred. This is an in-office role in Chicago with opportunities for professional growth.