Sr Manager Mortgage Analytics & Insights

At FHLBank Chicago, we prioritize our employees by offering a highly competitive compensation and bonus package, along with a comprehensive benefits program designed to meet their needs. Our collaborative, in-office operating model fosters teamwork and innovation.

About Us

Our mission at FHLBank Chicago is to partner with our members in Illinois and Wisconsin to provide competitively priced funding, a reasonable return on their investment, and support for their community investment activities. We serve as a bank for banks and other financial institutions, focusing on being a strategic partner to reinvest in communities across urban and rural areas. Established by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, a government-sponsored enterprise supporting mortgage lending and community investment.

At FHLBank Chicago, we bring people together, committed to a high-performing, engaged workforce and supporting the communities we serve. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. We offer professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement, allowing employees to grow their careers with us. To support balance and flexibility, employees receive an allocation of remote days to use as needed throughout the year.

Responsibilities

• Establish the vision for a high-performing mortgage analytics and insights organization, providing leadership, strategic direction, talent development, and technical oversight.
• Partner with the MPF business and key stakeholders to analyze emerging issues and develop solutions that drive the business forward.
• Serve as the subject matter expert on mortgage loan analytics, independently reviewing, validating, and challenging analytical methodologies, assumptions, conclusions, and recommendations.
• Direct and assess the MPF portfolio to identify emerging trends, credit and market risks, performance drivers, and strategic opportunities, communicating insights to senior management, other FHLBanks, and the Board.
• Monitor and evaluate mortgage market developments, housing finance trends, regulatory changes, capital markets activity, and competitive dynamics to assess impacts on MPF and recommend long-term strategies.
• Lead internal and external communication on the performance and risk of the Bank’s MPF and mortgage loan portfolio.
• Develop advanced analytics, data science, artificial intelligence, and automation capabilities to enhance analytical depth, operational efficiency, and decision-making.
• Maintain and develop centralized reporting on the volumes, quality, risk, and performance of the MPF/mortgage loan portfolio for management, other FHLBanks, and the Board.
• Oversee regulatory reporting on the MPF and mortgage loan portfolio to the FHFA, Office of Finance, and rating agencies as required.
• Encourage teamwork, professionalism, and high morale on the team and throughout the Bank.
• Drive process improvements and efficiencies to eliminate or reduce manual processes and lower the risk of error.
• Lead a multi-level organization through subordinate managers, with responsibility for organizational design, performance management, talent development, workforce planning, and employee engagement.
• Carry out ad hoc requests from FHLBank executives, senior leaders, auditors, and other stakeholders as needed.

Requirements

• Bachelor’s degree in Finance, Economics, or a similar quantitative field required; Master’s degree preferred.
• 10-15 years of progressive analytical leadership experience, including significant direct experience analyzing mortgage loan portfolios, mortgage-backed securities, or other residential mortgage assets.
• Previous leadership experience required, with a strong preference for candidates who have successfully led analytical teams with multiple levels of leadership and accountability for organizational performance, talent development, succession planning, and strategic execution.
• Deep expertise in residential mortgage lending, servicing, portfolio analytics, and mortgage market dynamics.
• Demonstrated ability to perform, review, and validate complex mortgage loan analyses independently while critically assessing analyses, models, assumptions, and conclusions developed by the team.
• Ability to translate complex mortgage portfolio and market analyses into clear, actionable recommendations for executive leadership, regulators, and boards of directors.
• Strong leadership, management, and coaching skills.
• Robust analytical skills and expertise with analytics tools, including extensive experience managing and analyzing data sets and using business intelligence tools; experience with Tableau and SQL is strongly preferred.
• Must be an organized, independent thinker with the ability to handle multiple tasks concurrently.
• Excellent interpersonal communication skills (written, oral, and listening).

Benefits

• Retirement program including 401(k) and pension plan.
• Medical, dental, and vision insurance.
• Lifestyle Spending Account for wellbeing activities.
• Competitive PTO plan providing five weeks of vacation for new employees.
• 11 paid holidays per year.
• Central downtown location at the Old Post Office with easy access to public transportation and award-winning rooftop views.

Pay

Salary Range: $151,025.00 - $265,525.00