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Credit Analyst, Depository

FHLBank
Chicago, IL, USAHybridFinance & AccountingEntry-Level$90,400 - $150,700Posted: 7 days ago
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About the role

At the Federal Home Loan Bank of Chicago, employees come first - that's why we offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees.

Collaborative, in-office operating model

Retirement program (401k and Pension)

Medical, dental and vision insurance

Lifestyle Spending Account

Competitive PTO plan

11 paid holidays per year

Who we are: Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks.

What you'll do: The Credit Analyst, Depository supports the evaluation and ongoing monitoring of credit risk associated with depository member institutions. Working under the guidance of the Manager and more experienced team members, the analyst reviews financial and regulatory information, prepares recurring credit surveillance, contributes to risk-rating and credit-limit recommendations, and helps identify developments that may affect a member's credit profile.

What you can expect:

Analyze financial statements, regulatory reports, peer information, and other relevant data for depository institutions.

Prepare accurate and timely quarterly credit summaries, surveillance reports, and supporting analysis.

Monitor assigned institutions for changes in earnings, capital, asset quality, liquidity, funding, market conditions, management, and other factors relevant to creditworthiness.

Assist with periodic risk-rating assessments and credit-limit recommendations.

Support new-member reviews, special reviews, and targeted analyses.

Maintain complete, well-supported credit files.

Participate in member calls and internal discussions.

Track macroeconomic, industry, and regulatory developments affecting depository institutions.

What you'll bring:

Bachelor's degree in finance, accounting, economics, business, risk management, or a related field.

Approximately two or more years of relevant experience in credit analysis, financial analysis, banking, audit, risk management, accounting, or a related analytical field.

Foundational ability to interpret financial statements.

MS Office products; Tableau, VBA, R, S&P CapIQ, and Bloomberg experience preferred.

Salary Range: $90,400.00 - $150,700.00

Minimum requirements

  • Bachelor's degree in finance, accounting, economics, business, risk management, or related field
  • Minimum two years of relevant experience in credit analysis, financial analysis, banking, audit, risk management, or related field
  • Foundational ability to interpret financial statements; MS Office proficiency required

This listing was parsed by AI and may not be complete. Check the official posting on FHLBank's site for the most accurate information.

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