Associate Credit Analyst

Company

Federal Reserve Bank of Chicago

JOB SUMMARY

Supports the core business activities of Credit Risk Management, i.e., Discount Window, Reserve Analysis, and Payments System Risk by performing daily activities of low risk and low complexity. Ensures activities are conducted in a manner consistent with established policy, procedure, and risk and control requirements. Interacts with internal project teams regularly. May follow-up with customers to ensure regulatory or operations-related questions are answered. Participates in tactical decision-making process.

The level of work required is considered entry level. Must be able to work under close supervision and in a team environment. This job does not have any direct reports.

PRINCIPAL DUTIES AND RESPONSIBILITIES

System Projects and Work Groups:

• Supports primary System workgroup members and participates in local projects

Data Analysis and Report Development:

• Collects and organizes data for report preparation and analysis
• Runs queries, reports, and other technical analytical tools developed or run by the department
• Assists in compiling non-complex data and information used to prepare briefings and reports relating to department activities for SCRM, CORA, Loan Committee and other forums

Regulatory and Operations-related Questions:

• Fields, research, and responds to less complex regulatory or operations-related questions from depository institutions, examiners, and Board

Staff Research:

• Research general regulatory and banking topics for presentations and projects

Bank Processes and Applications:

• Inputs data, runs standard queries, and updates databases to account for changes in institution information
• Suggests operational improvements to senior management

EDUCATION AND EXPERIENCE

• Bachelor's degree or Associates with equivalent experience with coursework in Accounting, Business Administration, Finance or related field
• 1 to 3 years of experience in Accounting, Business Administration, or Finance, may serve in lieu of education requirement

KNOWLEDGE AND SKILLS

• Knowledge of business-related software applications
• Strong verbal and written communication skills
• Strong data analysis skills
• Ability to work in a team environment

OTHER/ADDITIONAL REQUIREMENTS

• This position requires access to confidential supervisory information and/or FOMC information, which is limited to "Protected Individuals" as defined in the U.S. federal immigration law. Protected Individuals include, but are not limited to, U.S. citizens, U.S. nationals, and U.S. permanent residents who either are not yet eligible to apply for naturalization or who have applied for naturalization within the requisite timeframe. Candidates who are not U.S. citizens or U.S. permanent residents may be eligible for the information access required for this position and sponsorship for a work visa, and subsequently for permanent residence, if they sign a declaration of intent to become a U.S. citizen and meet other eligibility requirements. In addition, all candidates must undergo applicable background checks and comply with all applicable information handling rules, and all non-U.S. citizens must sign a declaration of intent to become a U.S. citizen and pursue a path to citizenship. May handle Restricted FR and Supervisory information Applicants must be U.S. Citizens or permanent residents with the intent to become U.S. Citizens
• This document indicates the general nature and level of work performed by employees within this position. It is not a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. An employee's responsibilities, tasks, and duties might differ from those outlined in the job description, and other duties, as assigned, are a part of the job. The Federal Reserve Bank of Chicago reserves the right to modify the elements of this job description, as business needs require.

Full Time / Part Time

Full time

Regular / Temporary

Regular

Job Exempt (Yes / No)

No

Job Category

Markets Family Group

Work Shift

First (United States of America)

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