Credit Analyst

Company

Federal Reserve Bank of Chicago

As a Credit Analyst you will support the core business activities of Credit Risk Management, i.e..., Discount Window, Reserve Analysis, and Payments System Risk, by performing daily activities of moderate risk and moderately complex nature.

You will ensure activities are conducted in a manner consistent with established policy, procedure, and risk and control requirements.

You will Interact with internal project teams regularly and support System projects.

You will also participate in meetings with depository institution senior management and make recommendations regarding tactical decisions utilizing input from higher levels.

The level of work required is considered intermediate and staff must be able to work under general supervision and in a team environment.

This job does not have any direct reports but may provide direction and recommendations to junior level employees.

Your Responsibilities

System Projects and Work Groups:


* Participate in and supports primary members of System work groups

Data Analysis and Report Development:


* Collect and organizes data for report preparation and analysis Interprets information and reviews data in order to make decisions


* Assist in compiling moderately complex data and information used to prepare briefings and reports relating to department activities


* Regulatory and Operations-related Questions: Fields, research, and responds to moderately complex regulatory or operations-related questions from depository institutions, examiners, and Board Staff


* Assist customers with counseling, lending questions, and reserve requirements

Research:


* Independently researches and analyzes moderately complex topics related to payments activity, collateral evaluation, financial analysis, depository institution counseling and/or other data


* Makes recommendations to management

Bank Processes and Applications:


* Inputs data, develops standard queries, and updates databases to account for changes in institution information


* Implements improvements to operational processes to increase efficiency

Your Background  


* Bachelor's degree with coursework in Accounting, Business Administration, Finance, or related field


* 3 to 5 years of experience in Business Administration, Finance, or Accounting may serve in lieu of education requirement


* 1 to 3 years of direct work-related experience


* Knowledge of business-related software applications


* Knowledge of procedures and services of related areas (such as Accounting, Supervision and Regulation, and other operating departments) is preferred


* Strong verbal and written communication skills


* Strong data analysis skills


* Ability to work in a team environment


* Ability to prioritize assignments and meet deadlines


* Knowledge of the PSR Policy, Regulation D, and Lending Policy


* Knowledge of financial concepts, banking regulations (...