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:
Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities.
Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.
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. Through our Office of Diversity, Equity, and Inclusion (DEI), we host signature and employee-led events to celebrate our differences and learn from each other and identify volunteer opportunities to strengthen our communities; and Employee Resource Groups (ERGs) and culture teams 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 Senior IT Risk and Compliance Analyst will assist in supporting the Information Technology department's adherence to the Bank's Governance, Risk & Compliance (GRC) framework., Sarbanes-Oxley (Sox) compliance, and continuous monitoring and testing of key technology controls.
How you'll make an impact:
Be an innovator while assisting to build a first line risk and compliance function that is effective in proactive risk identification and control testing.
Be a collaborator across the three lines of defense and the IT organization to efficiently drive results.
What you can expect:
Collaborate with IT personnel to understand processes to identify process improvement opportunities, control gaps and provide control recommendations.
Assist with developing and maintaining process and control documentation, including but not limited to narratives and workflows for key IT processes.
Assist with the implementation of processes within the IT Risk & Compliance group that support the proactive evaluation, identification and monitoring of IT risks and controls.
Assist with building an IT control testing program to periodically evaluate IT controls for effectiveness and ensure alignment with control frameworks.
Assist with maintaining the IT policy and procedure library including executing a process to ensure documents, standards and other related materials are current.
Perform various reviews, as necessary to validate compliance with IT policies and regulatory requirements.
Collaborate with 2nd and 3rd line to maintain alignment with overall risk management processes including risk assessments, risk appetite and risk tolerance.
Assist IT personnel with the development, maintenance and monitoring of KRIs and KPIs, including providing value added feedback and recommendations when tolerances are exceeded, or metrics require revision.
Assist with other duties as assigned.
What you'll bring:
Certification in Information Technology or Risk Management (CRISC, CISA, CIA, CRMA)
Experience in performing walkthroughs, risk assessments, and control testing.
Understanding and familiarity with Information Technology General Controls.
Familiarity with Internal Control frameworks (COSO) and Information Technology frameworks (COBIT, NIST, and ITIL.)
Minimum of 4 years of audit or risk management experience.
Ability to problem solve and demonstrate creativity and innovation to provide fresh ideas and approaches to process improvements.
Ability to manage ambiguity and changing priorities.
Strong analysis, research and analytical skills
Effective communication skills and ability to influence.
Knowledge specific to Security controls (Access... 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.
