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.
Oversee 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.
Oversee a network with key industry stakeholders, including Loan Origination System providers and Fintech companies.
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 vendors.
Assess, communicate, and manage risks associated with IT investments and operations.
Balance the use of in-house and outsourced solutions, managing staffing models to support both enterprise and mortgage technology effectively.
What you'll bring:
Bachelor's degree related to technology field and minimum of 10 years' experience with technology, with substantial management experience.
Familiarity with supporting a secondary mortgage operation.
Breadth of technology leadership experience in application development, enterprise and software architecture, and operations management.
Strong overall knowledge of the mortgage industry.
Strong familiarity with Software Development Life Cycles such as Agile.
Excellent communication skills (both verbal and written).
Strong team management, coaching, mentoring, and professional development skills.
Strong team player with ability to collaborate with colleagues and positively influence outcomes.
Ability to work at ease with both technical and non-technical users.
Proven ability to successfully recruit, lead, and motivate a high performing team.
Flexibility, ability to prioritize, find creative solutions, develop solutions, and meet deadlines.
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.
Join us at our beautiful new space in the Old Post Office.
Step into your future with us.
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