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.
* Medical, dental and vision insurance * Retirement program (401k and Pension) * Generous PTO plan * 11 paid holidays per year * Hybrid working model (effective February 22, 2022) * Casual dress code
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
In this role, you will be a part of the Process Optimization Team and will support the Bank's continued pursuit of operational excellence. You'll help the Bank assess the most effective ways to support our members and Participating Financial Institutions and to assist Bank staff in redesigning processes and supporting technology to do so. You will also be responsible for capturing, retaining and communicating information for each project. You will make recommendations and work with the stakeholders and project teams to identify solutions and opportunities for improvement.
How you'll make an impact:
Help identify and address opportunities for improvement across the Bank
Support the Bank in pursuance of Operational Excellence
Instill the culture of continuous improvement
What you can expect:
Assist the Bank in evaluating current processes and organizational structure for improvement opportunities.
Work in partnership with business units to identify inefficient processes requiring process re-design and help design and implement best solutions.
Assist the Bank in developing the maps, frameworks and metrics and related practices needed to evaluate and improve the Bank's operations.
Work in partnership with business units to explore and identify potential solutions and technologies that could help the Bank operate more effectively.
Collaborate with departments throughout the Bank in planning, executing, and completing projects.
Assist with the implementation of improvements identified in Operational Excellence Initiatives
What you'll bring:
Bachelor's Degree required; Master's preferred
2-4 years prior experience in process optimization, project management or consulting role
Experience with Lean Six Sigma or similar
Ability to organize and drive teams to execute toward results
Understanding of organizational change management
Ability to lead change efforts
Dynamic communication skills and the ability to interact effectively at all levels throughout the various functional areas of the organization.
Team player with the ability to influence others to move toward consensus
Strong organizational skills, including the ability to prioritize and coordinate multiple tasks
Analytical skills
Consulting & presentation skills
Ability to work with and maintain confidential information
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.
The Federal Home Loan Bank of Chicago is a $100 billion wholesale bank and one of 11 district banks chartered in 1932 by the U.S. Congress to support mortgage lending and community investment. Each FHLBank operates as an independent organization and is governed by a board of directors elected by its member institutions. As a cooperative, we provide reliable liquidity to our member banks, credit unions, insurance companies, and community development financial institutions located in Illinois and Wisconsin, focusing on the distinct needs of their individual businesses and communities.
We offer products and services to help our members fund loans and investments held in portfolio, manage liquidity, fund mortgages into the secondary market, secure third party agreements, and achieve asset liability management goals. Through our Community Investment and Affordable Housing programs, we also help our members to provide affordable housing and economic development in the communities they serve.
FHLBank Chicago is a place, where everyone can make a difference—both for our organization and for the communities we serve through our member financial institutions. We aim to create a diverse... and inclusive environment where employees are fully engaged and positioned to do their best work. Teamwork is valued, and even entry-level hires may find themselves working side-by-side with senior-level executives.
