Managing Director, Mortgage and Enterprise Systems

at FEDERAL HOME LOAN BANK OF CHICAGO in Chicago, Illinois, United States

Job Description

Join the FHLBC team!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.* Retirement program (401k and Pension)* Medical, dental and vision insurance* Lifestyle Spending Account* Generous PTO plan* 11 paid holidays per year* Hybrid working model

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. Through CommuniTeam, we volunteer and identify ways to strengthen our communities. Our Office of Diversity, Equity and Inclusion (DEI) hosts signature and employee-led events for continued learning; and 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
The Managing Director, Mortgage and Enterprise Systems, holds a critical leadership position within the Bank's IT Group, combining the key responsibilities of overseeing technology strategies for both Mortgage Technology and Enterprise Business Systems. The role is designed to unify the strategic direction and management of technology advancements across two vital areas: the Mortgage Partnership Finance (MPF) Program and the Bank's Enterprise business functions.

How you'll make an impact:
Align MPF technology risk with the Bank's overall technology risk appetite.
Responsible for the applicable IT budget and oversight of vendor contracts, SOWs, and expenses.
Present to the MPF Governing Council and subcommittees on MPF and general mortgage IT issues as needed

What you can expect:
Contribute to and maintain alignment with the Bank's strategic business plans, ensuring technology initiatives across both mortgage technology and enterprise business systems are closely integrated with overall organizational strategy.
Provide cross functional leadership in strategic and operational planning processes as a member of the IT management team.
Cultivate a forward-thinking and dynamic partnership with the business leadership team, dedicated to effectively aligning project priorities seamlessly with the FHLBank Chicago's and MPF Program strategy and architecture. This role is instrumental in nurturing a collaborative environment that bridges business objectives with technological innovation.
Oversees the integration of architecture practices into the DevSecOps development model by partnering throughout the technology and product management organizations.
Proactively stay informed of evolving trends, technological advancements, and key players in the mortgage industry, encompassing suppliers, competitors and pricing dynamics. This role requires a keen understanding of the industry's landscape to guide strategic decisions and maintain a competitive edge in current technologies and market movements.
Oversees a network with key industry stakeholders, including Loan Origination System providers and Fintech companies, to stay at the forefront of mortgage technology trends. Provide strategic guidance to business management on evolving mortgage system-related challenges and opportunities, ensuring alignment with industry advancements and operational needs.
Responsible for planning and identifying opportunities for appropriate and cost-effective investment in IT systems in alignment with budget requirements.
Oversee the assessment of current state capabilities of the MPF systems against other alternatives provided by other... For full info follow application link.

The Federal Home Loan Bank of Chicago (FHLBC) is committed to diversity and inclusion at all levels of our organization, from the employees we hire to the programs, institutions, and businesses we support. The FHLBC is dedicated to providing equal employment and contracting opportunities, regardless of race, color, religion, sex, sexual orientation, national origin, age, disability, genetic information, veteran status or any other status protected by applicable federal, state or local law.