Financial Accounting and Markets (FAM) Product Owner
: Job Details :

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

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.

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.

The FAM Product Owner is responsible for overseeing the implementation of technology enhancements aligned to the FAM team's improvement vision, while ensuring maintenance of existing systems to meet FAM's ongoing requirements.

• Strategic Alignment: You will play a key role in aligning FAM related projects with our strategic objectives, ensuring that our technology investments directly contribute to our company's growth and competitiveness.
• Efficient Governance: By supporting FAM and ERP governance processes, you will help streamline decision-making and enhance the efficiency of our operations.
• Effective Collaboration: Your facilitation of governance processes and expectations will foster collaboration between cross-functional teams, leading to smoother project execution, increased transparency and documentation and quicker time-to-market for our products.

• Support finance transformation initiatives related to FAM technology needs by defining scope, developing plans, and supporting project management through the Bank's defined project management framework.
• Support relevant teams through RFP, new vendor, and software onboarding initiatives for FAM systems.
• Manage maintenance, ongoing support models, and prioritization/backlog of enhancements for FAM applications, including reconciliation tool (currently ReconNet, Certification), Workday, Kainos Smart Audit/Test, Evolv, Workiva Wdesk, ServiceNow.
• Support FAM team responsibilities in the upcoming Data Transformation / Data Lake and Identity and Access Management (IAM) projects.
• Maintain FAM team system architecture documentation throughout improvement initiatives, coordinating with IT Architecture and Project Managers to align with Bank technology governance processes.
• As needed, provide technical and functional supervision over assigned staff or contractors.

• Bachelor's degree in Accounting, Information Technology, Computer Science, or a related field.
• 7+ years work experience and 1-3 years project management experience.
• Understanding of IT governance and process flows.
• Understanding of in-scope FAM business processes (source to pay, SOX / Compliance, reconciliations, financial reporting).
• Ability to communicate complex technical IT requirements to non-technical audiences.
• Strong leadership qualities, communication skills, organization, and the ability to multitask.

At FHLBank Chicago, we believe in rewarding our high performing workforce. 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 401(k) and pension plan. Our wellbeing program supports employees at work and in their personal lives: Our generous PTO plan provides five weeks of vacation for new employees and 11 paid holidays per year; our Lifestyle Spending Account provides an annual stipend for employees to support wellbeing activities; and our central downtown location at the Old Post Office provides easy access to public transportation and breathtaking views from our award-winning rooftop. Step into a brighter future with us.

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