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:

Using independent and experienced based judgment, the Corporate Governance Manager plays a crucial role in ensuring the Bank adheres to key corporate governance principles and regulatory requirements.  The Corporate Governance Manager manages all operational and administrative aspects of the processes, procedures and projects within the Office of the Corporate Secretary to provide efficient and effective support to the Executive Team, the Board of Directors, and related management and Board committees.  Uses critical thinking skills to independently coordinate projects, perform research, analyze data, form conclusions, recommend solutions and communicate findings and recommendations in an effective manner.  Reviews the work of other staff performing support functions for the Office of the Corporate Secretary.

How you’ll make an impact:

• Ensure the Bank’s continued adherence to key governance principles and regulatory requirements
• Provide the Board the highest quality support and assist them in performing their fiduciary duties

What you can expect:

• Provide support to the Corporate Secretary and manage the effective governance of the Executive Team, Board of Directors, and related management and board committees and subcommittees. Related duties include, but are not limited to:
  • Prepare for and manage the effective execution of all Board of Directors meetings, Committee meetings and related events.
  • Prepare Board agendas and materials for review by Corporate Secretary, prepare or coordinate preparation of agendas by Executive Team members, and coordinates final distribution of Board material and/or committee materials, as necessary.
  • Writes meeting notices and cover memos for Board materials.
  • Draft and finalize minutes from Board and Committee meetings, which require a determination of what is important to record, the level of detail to record, and sensitivity to confidential matters.
  • Prepare resolutions, as necessary, and coordinate review of associated delegations of authority. Manage copies of such documents, including posting electronically in various bank platforms.
  • Monitor board committee charter responsibilities, maintains Board cumulative calendar, and works with executive team members to ensure that mandatory items are addressed.
  • Oversee management of corporate documents and records, including materials posted electronic platform for Board materials and meetings.
  • Develop a tailored training program for the Board of Directors, including but not limited to, corporate governance principles, regulatory compliance, and Bank structure.  Fosters continued learning by coordinating regular training opportunities.

• Independently manage operational and administrative duties for the Office of the Corporate Secretary. Related duties include but are not limited to:
  • Communicate directly with Executive Team members, senior management, and directors.
  • Oversee Board compensation procedures and payments; approve expense reimbursements and related regulatory reporting prepared by the Corporate Governance Specialist. 
  • Design, develop, and implement governance frameworks that align with the Bank’s policies, legal, and operational requirements.
  • Maintain best practices, including for preparing minutes, and compliance requirements, such as reporting, for board- and management- level committee meetings, and organize training sessions for Bank staff to align with such practices and requirements .
  • Manage Board self-assessment and other governance programs, including director elections; develops and coordinates training programs.

• Manage the cost center and operating expenses for the Office of the Corporate Secretary.
• Perform other functions, projects, and duties as assigned.

What you’ll bring:

• Bachelor’s degree
• Paralegal certificate, or at least 7-10 years experience as a paralegal in-house or at a law firm
• Law related degree, a plus
• 10+ years’ experience in-house or at a law firm in Corporate Governance
• Expert proficiency in MS Word, Excel, PowerPoint, and Outlook, as well as other current software applications
• Knowledge and understanding of corporate governance practices
• Prior experience supporting boards of directors and executive management, including preparing meeting agenda and materials and taking minutes
• Excellent writing and proofreading skills with high proficiency and attention to detail
• Ability to think, work and act independently using good business acumen and judgment
• Interpersonal skills with a high-level verbal communication in dealings with executives, including Directors
• Excellent speaking and listening skills
• Strong presentation skills
• Ability to work well under pressure and maintain composure
• Experience and comfortable working with senior leadership
• Exceptional planning and organization skills; ability to plan, coordinate and monitor a significant number of simultaneous tasks in an environment of shifting priorities with a high level of detail

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