Compliance Analyst-Compliance Risk Management

Commensurate with education and experience.
May 01, 2024
May 17, 2024
Full Time
Join the FHLBC team!

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.

• Retirement program (401k and Pension)
• Medical, dental and vision insurance
• Lifestyle Spending Account
• Generous PTO plan
• 11 paid holidays per year
• Hybrid working model

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.

Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.

What it's like to work here

At FHLBank Chicago, we bring people together. Our regular All-Staff meetings keep employees informed and our values drive the work that we do. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Through our Office of Diversity, Equity and Inclusion (DEI), we host signature and employee-led events to celebrate our differences and learn from each other and identify volunteer opportunities to strengthen our communities; and Employee Resource Groups (ERGs) and culture teams create connections around shared interests and experiences. We offer live and on-demand professional development opportunities to grow your skillset and your career.

What You'll do

In this role, you'll be a key second line of defense teammate and will be responsible for executing compliance routines as an individual contributor. In your role, you'll receive onboarding and training that will enable you to learn and execute banking compliance routines and activities. This role is focused on tactical, or day-to-day, routines and task that are required by internal policies, and external laws, rules, and regulations.

How you'll make an impact:
  • Execute the day-to-day processes to keep our bank in compliance with regulatory requirements.
  • Provide feedback and engage partners to Improve and streamline processes to make our bank more efficient.
  • Support learning projects that improve Compliance knowledge of teammates

What you can expect:
  • Execute key responsibilities for compliance programs, projects, and engagements with bank-wide impact
  • Execution of internal and external regulatory compliance routines and task, including the ability to escalate potential non-compliance with internal policies and procedures or external laws, rules, or regulations
  • Deliver and act on compliance reporting, and related gaps related to the effectiveness of Bank-wide compliance activities, with an emphasis on compliance with laws, rules, and regulations including AML/BSA, and process, risk, and control inventories
  • Support Compliance leadership when working with key stakeholders, including regulatory/legal partners to respond to internal and external (e.g. FHFA, Legal, SOX, RMG teams, Audit) inquiries and requests for compliance related information.
  • Deliver world-class service to internal business partners, and maintain strong relationships with teammates
  • Ownership and execution of regulatory responsibility, including execution of AML/BSA responsibilities as designated by the bank's AML/BSA Officer

What you'll bring:
  • 2 plus years in Financial Services, mortgage experience is a plus
  • 1 plus year of Compliance experience, administrative experience, or AML/BSA experience; or ability to complete AML/BSA certification within 6-months of hire
  • Significant attention to detail
  • MS Office products (Excel, Outlook, PowerPoint, and Word)
  • Tableau preferred
  • Must be self-directed with high energy level
  • Well organized and can ensure team meets high number of deadlines reliably
  • Strong, effective communication resulting in an understanding of the message from others
  • Strong problem solving and decision making abilities

The Perks

At FHLBank Chicago, we believe in rewarding our high performing workforce. We offer a highly competitive compensation and bonus package, and access to a comprehensive benefits program designed to meet the needs of our employees. Our retirement program includes a 401(k) and pension plan. Our wellbeing program supports employees at work and in their personal lives: Our generous PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year; our Lifestyle Spending Account provides an annual stipend for employees to support wellbeing activities; and our central downtown location at the Old Post Office provides easy access to public transportation and breathtaking views from our award-winning rooftop. Step into a brighter future with us. #LI-Hybrid

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