Senior Credit Analyst

Support the main business activities of the Condition Monitoring unit within Credit Risk Management, i.e., Discount Window, Reserve Analysis, and Payments System Risk by having a working knowledge of all main department activities to ensure the effectiveness of daily operations. Ensure activities are conducted consistent with established policy, procedure, and risk and control requirements. Make decisions that may impact the project team or unit. Provide input during strategic decision-making processes. You will not have any direct reports but may oversee and direct the work of junior level employees and provide training and mentoring to other staff.ResponsibilitiesSystem Projects and Work Groups:

Participate in and may lead operations-related System work groups and projects to implement System policies, practices and programs related to unit

Data Analysis and Report Preparation:

Collect and organize data for report preparation and analysis

Interpret information and review data to make decisions and recommendations to senior leadership

Perform analysis of complex data used to prepare briefings and reports relating to department activities

Provide briefings, presentations, and other communications to key decision-makers on Federal Reserve Bank and System matters

Regulatory and Operations-related Questions:

Field, research, and respond to complex regulatory and operations-related questions from depository institutions, examiners, and Board Staff in consideration of department and System policies and regulations

Research:

Independently research and perform advanced analysis on topics related to payments activity, collateral evaluation, financial analysis, depository institution counseling, controls, and other data

Draw conclusions and make recommendations to management Bank

Processes and Applications:

Review data and create complex queries used to monitor updates to changes in institution information

Brainstorm and develop improvements to current processesYour Background

Bachelor's degree; major in Accounting, Business Administration, Finance, or related field

5 to 7 years of related work experience

7 to 10 years of accounting, business or finance experience may serve in lieu of education requirement

Have broad knowledge of banking operations and financial markets, and the procedures and services of related areas (e.g. regulations, finance/accounting)

Think critically given ambiguous information and have strong data analysis skills to create meaningful recommendations and inform decisions

Work independently and proactively initiate efforts; review, assimilate and monitor supervisory information to frame recommendations and propose necessary actions

Confidently communicate highly complex information across many stakeholders and decision-makers locally and across the Federal Reserve System

Create innovative solutions to work towards efficiencies, identify and implement process improvements, and explore automation opportunities

Demonstrate advanced knowledge of business-related software applications (e.g. Excel, Tableau, SQL)

What we offer

Comprehensive benefits package include medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria

A continuous learning environment with opportunities to gain new skills and grow your career

Requirements

This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements.

In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship.

As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities, and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.

/We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, marital status, disability, gender, gender identity or expression, or veteran status./Organization: Federal Reserve Bank of Chicago Title: Senior Credit Analyst Location: IL-Chicago Requisition ID: 265070