Mortgage Analyst

Members & Markets Chicago, Illinois

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.

  • Medical, dental and vision insurance
  • Retirement program (401k and Pension)
  • Generous PTO plan
  • 10 paid holidays per year
  • Casual dress code
Position Summary:

The Mortgage Sales Support Analyst is responsible for coordinating member financial institutions through the process to become a seller in our secondary market mortgage program (MPF) from application through funding.

Essential Duties & Responsibilities:
  • Evaluate and analyze preset funding agreements (Master Commitments) and members’ sales into program to prevent funding interruptions
  • Assess financial institution’s applications for MPF program, suggest and develop tools to enhance process
  • Subject matter expert on requirements to join program, and how to be successful in program long term
  • Research regulatory changes affecting mortgage industry, assess impact to members, report to sales and management
  • Build reports to track status from application through active funder
  • Liaise across internal departments to ensure member satisfaction
  • Interface with members to solve problems, answer questions
  • Knowledgeable about mortgage origination, secondary market and servicing processes
  • Aware of various systems used in mortgage industry and how they interface with MPF systems
  • Other duties as assigned
Experience & Educational Requirements:
  • Bachelor degree required
  • MBA or other advance degree desirable
  • 2-5 years experience in mortgage industry
  • 5 or more years experience with direct customer interaction
Software Requirements:
  • Must be able to build queries through Access/Tableau/SQL
  • Strong Excel skills, ability to analyze data
Knowledge, Skills, Abilities & Behaviors Required:
  • Strong analytical skills, is resourceful enough to solve problems independently
  • Ability to work with executives down to front line staff – both internally and externally
  • Strong written and verbal communication skills
  • Cultivates strong relationships, can work across teams and departments
  • Self-starter who also works well on a team