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

This role will work under the direction of the Audit Manager(s) and is accountable for the timely execution of risk based internal audits in accordance with the annual plan.

How you’ll make an impact:

• Influence and accrue over time with each improved process to help reduce cost and inefficiencies
• Provide assurance on the effectiveness of risk management / mitigation activities to reduce unwanted risks and improve operational efficiencies
• Leverage systemic tools to expand audit analytics capabilities for more targeted, effective and efficient audits.

What you can expect:

• Plan audit projects by performing project risk assessments that drive the development of audit objectives and create risk based audit programs.
• Conduct client interviews and perform walkthroughs to evaluate control design.
• Execute tests that validate control effectiveness and document testing results.
• Identify emerging risks, audit issues and recommendations using independent judgment and be able to communicate findings succinctly to client personnel.
• Draft audit reports that summarize the audit scope, conclusions, findings and recommendations.
• Complete audit projects within assigned budgets and timelines.

What you’ll bring:

• Data analytic software experience (Tableau, Alteryx, or similar tool) preferred
• Intermediate MS Office experience preferred
• GRC Platform (e.g. Archer, Riskonnect)
• 4+ years banking or financial services audit experience
• Bachelor’s degree in Finance, Accounting or equivalent practical experience.
• Accounting, audit or equivalent certification
• Ability to adapt to evolving business needs and changes, including different role requirements, or environments and work with a sense of focus and urgency
• Understanding of industry audit frameworks.
• Ability to multitask, prioritize and demonstrate project management skills.
• Constructive professional skepticism and inquisitiveness.

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