Senior Auditor

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.

• Collaborative, in-office operating model

• Retirement program (401k and Pension)

• Medical, dental and vision insurance

• Lifestyle Spending Account

• Competitive PTO plan

• 11 paid holidays per year

Who we are

FHLBank Chicago partners with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for their community investment activities. We are one of 11 Federal Home Loan Banks created by Congress in 1932 as a government sponsored enterprise to support mortgage lending and community investment. We are member owned and member focused. Our members include banks, credit unions, insurance companies and CDFIs (Community Development Financial Institution).

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. Our Employee Value Proposition is honed by listening and identifying the needs and priorities of our valued employees. We volunteer and identify ways to strengthen our communities. Employee Resource Groups (ERGs) and culture clubs 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

In this role as a member of the Internal Audit team, you will have the opportunity to influence change by developing innovative approaches that help drive continuous audit improvement. We encourage our team members to think creatively and challenge the status quo. You'll be expected to take initiative and exercise critical thinking in delivering practical, value-added recommendations to enhance the control environment.

How you'll make an impact:

• Influence and accrue over time with each improved process to help reduce cost and inefficiencies
• Provide assurance on the effectiveness of risk management / mitigation activities to reduce unwanted risks and improve operational efficiencies
• Leverage systemic tools to expand audit analytics capabilities throughout the audit lifecycle for more targeted, effective and efficient audits.

What you can expect:

• Lead risk-based audit projects from planning through reporting to stakeholders while serving as the primary point of contact for stakeholders.
• Coordinate the project team's interviews of and walkthroughs with client personnel to evaluate control design and identify areas of unmitigated risk.
• Lead the project team's execution and resulting documentation of tests that validate the effectiveness of controls.
• Oversee and coordinate the project team's identification and communication of emerging risks, audit issues and recommendations to client personnel.
• Prepare audit reports that summarize the audit scope, conclusions, findings and recommendations.
• Collaborate with clients in the evaluation and assessment of departmental controls and processes and advise on enhancements.
• Participate in change projects to identify and communicate risks before implementation.
• Supervise project team members and review working papers.
• Develop and utilize data analytic tools to generate insights and inform the audit approach
• Ensure that assigned audits are completed within agreed-upon timelines in accordance with department methodology.
• Demonstrate ability to adapt to evolving business needs and changes, including different role requirements, or environments and work with a sense of focus and urgency
• Perform other duties as assigned.

What you'll bring:

• Bachelor's degree in Finance, Accounting or equivalent practical experience.
• 4+ years banking or financial services audit experience.
• Basic MS Office experience (Excel, Word)
• Understanding of industry audit frameworks
• Certified Internal Auditor (CIA), Certified Public Accountant (CPA) or some other relevant certification or working towards certification.
• Understanding and/or experience working in the secondary mortgage market is a plus.
• Understanding and/or experience in financial markets is a plus.
• Experience in utilizing data analytics tools to generate audit insights over data populations. Proficiency with Alteryx, Tableau, or Microsoft SQL is strongly recommended.

The Perks

At FHLBank Chicago, employees come first. 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 401K and Pension. Our generous PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year. We offer work from home options and a casual dress code at our beautiful new space in the Old Post Office. Step into your future with us.

Salary Range:

$90,400.00 - $150,700.00

The above represents the expected salary range for this job requisition. Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: