Senior Credit Risk Analyst

FHLBank Topeka; Topeka (KS); Hybrid; USD 85,000 - 120,000; Full time

Benefits offered by this job

Bankwide incentive compensation

401K retirement plan with companymatch

Multiple health insurance offerings

Paid Time Off

Disability coverage

Tuition reimbursement

Job summary

FHLBank Topeka is seeking an experienced credit risk analyst to assess counterparties and vendors, monitor exposures, and support risk-based credit actions. The role requires heavy financial analysis, reporting proficiency, and travel flexibility.

Ideal candidates bring five+ years of experience, strong Excel and Cognos skills, and familiarity with Python and Power BI for data analytics and visualization.

Qualifications

• Bachelor's degree in accounting, finance, or business.
• Five or more years of related experience.
• Strong experience conducting financial analysis of large financial institutions and brokers/dealers.
• Solid understanding of banking, securities, and core accounting principles.
• Strong written and verbal communication skills.
• Advanced Microsoft Excel skills and proficiency with Cognos or similar reporting tools.
• Experience with Python, querying methods, data mining/data analytics, and Power BI or similar visualization tools.
• Ability to work and travel independently.

Responsibilities

• Analyze the creditworthiness of existing and prospective unsecured counterparties; prepare internal rating reviews.
• Assess other counterparties including insurance companies, brokers, dealers, and FINRA 4210 subject.
• Oversee timely vendor financial reviews under the Vendor Risk Management Program.
• Maintain counterparty credit ratings, capital, and exposure limits in FLAMES; coordinate with Capital Markets/IT.
• Calculate credit exposure impacts for prospective investment strategies and new business.
• Identify opportunities to streamline and automate manual processes.

Skills

Financial analysis

Excel

Cognos

Python

Power BI

Travel

Education

Bachelor's degree in accounting, finance, or business

Tools

Cognos

Power BI

Python

Job description

Job Description

Under established procedures and FHLBank risk management policies and FHFA regulations, this role analyzes and reviews the creditworthiness of current and prospective unsecured counterparties and vendors. The position also monitors secured and other counterparties to ensure exposures remain within the Bank's risk appetite, identifies adverse financial trends, and supports recommendations on credit line actions when needed. In addition, this role oversees maintenance of the FHLBank trade and entity database.

In this Role you will

• Analyze the creditworthiness of existing and prospective unsecured counterparties, including preparing internal rating reviews and monitoring market developments impacting investment and derivative exposures.

• Assess other counterparties, including insurance companies, settlement brokers, securities dealers, and repurchase counterparties subject to FINRA Rule 4210.

• Oversee timely completion of vendor financial reviews in support of the Vendor Risk Management Program, including evaluating significant vendors whose failure could disrupt operations.

• Maintain counterparty credit ratings, capital, and exposure limits in FLAMES, and coordinate with Capital Markets and IT on system maintenance and enhancements.

• Calculate credit exposure impacts related to prospective investment strategies and new business activities.

• Identify opportunities to improve, streamline, and automate manual processes and procedures.

Required Qualifications

• Bachelor's degree in accounting, finance, or business.

• Five or more years of related experience.

• Strong experience conducting financial analysis of large financial institutions and brokers/dealers.

• Solid understanding of banking, securities, and core accounting principles.

• Strong written and verbal communication skills.

• Advanced Microsoft Excel skills and proficiency with Cognos or similar reporting tools.

• Experience with Python, querying methods, data mining/data analytics, and Power BI or similar visualization tools.

• Ability to work and travel independently.

Preferred Qualifications

• Advanced degree.

• Supervisory experience.

• Strong knowledge of capital markets and investment product characteristics.

Why work here

FHLBank Topeka strives to be an employer of choice by offering industry leading benefits such as generous vacation and volunteer hours. Below are a few more of our benefits.

• Bankwide incentive compensation program

• 401K retirement plan with competitive company match

• Multiple health insurance offerings, including free telemedicine benefits

• Paid Time Off: Vacation, sick, personal, volunteer and bereavement leave

• Short-term and long-term disability coverage

• Voluntary life insurance

• Incentive-based wellness program

• Paid maternity and parent bonding leave

• Tuition reimbursement and student loan assistance

• Onsite fitness center with shower facilities and onsite yoga classes

• Summer hours

• Onsite cafe

How we work

At FHLBank Topeka, employees are business partners. We believe we are successful when we partner with one another and understand that our differences only make us stronger.

• Flexible Remote Workday| Business partners may work remote one day per week.

• Access to Leadership| The executives of FHLBank Topeka welcome communication with business partners. Stop by and say "Hi." Send an email and expect a response. Or schedule a meeting to share your perspective.

• Peer-to-Peer Recognition| Our recognition programs celebrate business partners practicing FHLBank Topeka values and those working above and beyond.

• ProfessionalWins| FHLBank Topeka offers business partners kudos for continuing education through tuition reimbursement and certification rewards.

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FHLBank Topeka EEO Policy

FHLBank Topeka is an equal employment opportunity employer. We recruit, employ, train, compensate and promote without regard to race, color, creed, religion, sex, age, sexual orientation, national origin, ancestry, pregnancy, parental status, citizenship status, disability, genetic information, military status, gender identity and expression or marital status.

Accommodation Request

Should you need an accommodation during the application or interview process, please contact us at [e-mail].