Senior Credit Risk Analyst

Fhlbtopeka; Topeka, Northern (KS, KY); Hybrid; USD 65,000 - 100,000; Full time

Benefits offered by this job

401K retirement plan

Health insurance

Paid Time Off

Tuition reimbursement

Job summary

FHLBank Topeka seeks an experienced professional to assess creditworthiness of unsecured counterparties and vendors. The role monitors exposures to stay within risk appetite and advises on credit line actions.

You will maintain counterparty ratings and support vendor reviews within the Vendor Risk Management Program. Responsibilities include evaluating market developments impacting investment and derivative exposures, performing internal rating reviews, and collaborating with Capital Markets and

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 and review the creditworthiness of unsecured counterparties and vendors.
• Monitor secured and other counterparties to ensure exposures remain within risk appetite.
• Identify adverse financial trends and support recommendations on credit line actions.
• Maintain counterparty credit ratings, capital, and exposure limits.
• Calculate credit exposure impacts related to prospective investment strategies and new business activities.
• Oversee vendor financial reviews and the Vendor Risk Management Program.

Skills

Credit risk analysis

Financial analysis

Communication skills

Excel

Power BI

Python

Data mining

Travel willingness

Education

Bachelor's degree in accounting, finance, or business

Advanced degree

Tools

Cognos

Power BI

Python

SQL

Excel

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.

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 café

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.

Work Location Flex Day

Business partners may work from an alternative location 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.

Professional Wins

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

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].

WHO WE ARE

FHLBank Topeka promotes affordable housing and homeownership by offering wholesale products and services to our more than 650 member financial institutions. Additionally, 15% of our annual income goes back into communities. We offer a rewarding, team-oriented work environment, opportunities for growth and development an attractive benefit package including health and dental insurance, 401(k), short-term incentive plan, student loan repayment assistance and much more.

WHAT WE DO

FHLBank Topeka provides liquidity, funding and expertise for members throughout Colorado, Kansas, Nebraska and Oklahoma. Our members turn to us as their first choice funder and partner with us to build their communities in the four-state region.

EEO POLICY

FHLBank Topeka is an equal 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.