Senior Credit Analyst

Federal Reserve Bank • Chicago, IL

395d • Hybrid

About The Position

The Federal Reserve Bank of Chicago is seeking a professional to support the core business activities of Credit Risk Management, focusing on Discount Window, Reserve Analysis, and Payments System Risk. The role requires a comprehensive understanding of departmental functions to ensure effective daily operations, adherence to policies, and risk management. The individual will engage in complex problem-solving, provide training, and collaborate with internal teams and external stakeholders, making tactical and strategic decisions that impact the organization.

Requirements

• Bachelor's degree in Accounting, Business Administration, Finance, or related field.
• 5 to 7 years of related work experience, or 7 to 10 years of accounting, business, or finance experience may serve in lieu of education requirement.
• Knowledge of the PSR Policy, Regulation D, and Lending Policy.
• Knowledge of financial concepts, banking regulations (Regulations D, A, J, K, and Y), and the Federal Reserve's Operating Circulars.
• Broad knowledge of banking operations and financial markets, as well as the procedures and services of related areas.
• Ability to prioritize assignments and meet deadlines while balancing competing priorities.
• Ability to work in a team environment with customer and stakeholder focus.
• Strong verbal and written communication skills.
• Excellent attention to detail with additional responsibility to review others' work.
• Strong presentation and data analysis skills.
• Ability to navigate ambiguity and accept change.
• Advanced knowledge of business-related software applications.

Nice To Haves

• Demonstrated analytical skills and programming languages including Python, R, SQL, and Java.

Responsibilities

• Participates in and may lead operations-related System work groups and projects to implement System policies, practices, and programs related to unit.
• Collects and organizes data for report preparation and analysis.
• Interprets information and reviews data to make decisions and recommendations to senior leadership.
• Performs analysis of highly complex data and information used to prepare briefings and reports relating to department activities.
• Delivers briefings, presentations, and other communications to key decision-makers on Federal Reserve Bank and System matters.
• Fields, researches, and responds to highly complex regulatory and operations-related questions from depository institutions, examiners, and Board Staff.
• Independently researches and performs advanced analysis on topics related to payments activity, collateral evaluation, financial analysis, and controls.
• Reviews data and creates complex queries used to monitor updates to changes in institution information.
• Brainstorms and develops improvements to current processes.

Benefits

• Comprehensive benefits package including medical, dental, vision, and prescription drug coverage.
• 401k savings plan and retirement plan.
• Paid time off and transit benefit.
• Onsite gym and subsidized cafeteria.
• Continuous learning environment with opportunities to gain new skills and grow your career.

What This Job Offers

• Job Type: Part-time
• Career Level: Mid Level
• Industry: Monetary Authorities-Central Bank
• Education Level: Bachelor's degree