Sr. Risk Analyst

Job Description

Senior Risk Analyst

Chicago

Responsibilities

• Review, maintain and upgrade the risk management systems and perform quantitative analysis to assess changes and enhancements to the pricing models within vendor applications
• Provide timely and accurate reporting of risk metrics as promulgated by the FHFA
• Provide detailed and in-depth analysis of bank balance sheet fair value and risk
• Research new ways to automate and improve operation and reporting processes
• Develop prepayment back testing reporting and provide in-depth prepayment analysis
• Lead projects related to process redesign, new hedge strategy development, new product development and system upgrade of Summit and Polypaths
• Provide guidance to junior risk analysts on regulatory reporting, troubleshooting production issues, data analytics, and quantitative modeling
• Identify uncaptured risks and enrich or build new risk reports with additional analysis
• Handle inquiries from internal departments across the bank and external regulators and auditors

Position Requirements

• Master’s degree in Finance, Mathematics, Financial Mathematics or related field
• 2 years of related experience
• Any amount of experience providing measurement, analysis, monitoring, and reporting of market risk for fixed income products and interest rate derivatives
• Any amount of experience reporting risk exposure and Market Value of Equity/Book Value of Equity of bank’s balance sheet
• Any amount of experience maintaining and upgrading risk management systems by performing quantitative tests to assess any changes or enhancements to pricing models
• Any amount of experience researching new ways to automate or improve operation and reporting process

Must live within normal commuting distance of worksite.  50 days a year remote work allowed.