Managing Director, Mortgage and Enterprise Systems
Company: Federal Home Loan Bank of Chicago
Location: Chicago
Posted on: April 30, 2024
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 areFHLBank 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 hereAt 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 doThe 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 neededWhat 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. This role is instrumental in nurturing a
collaborative environment that bridges business objectives with
technological innovation.
- Oversees 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,
encompassing suppliers, competitors and pricing dynamics. This role
requires a keen understanding of the industry's landscape to guide
strategic decisions and maintain a competitive edge in current
technologies and market movements.
- Oversees a network with key industry stakeholders, including
Loan Origination System providers and Fintech companies, to stay at
the forefront of mortgage technology trends. Provide strategic
guidance to business management on evolving mortgage system-related
challenges and opportunities, ensuring alignment with industry
advancements and operational needs.
- 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.
- Responsible for the applicable IT budget and oversight of IT
related vendor relationships, including responsibility for
contracts, SOWs, and expenses.
- Assess, communicate, and manage risks associated with IT
investments and operations, ensuring alignment with the Bank's
technology risk appetite and strategic objectives.
- Balance the use of in-house and outsourced solutions, managing
staffing models to support both enterprise and mortgage technology
effectively, and presenting on technology issues to governing
councils and committees as required.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
including loan origination, loan on-boarding, master servicing,
loan accounting, and investor reporting.
- Breadth of technology leadership experience in application
development, enterprise and software architecture, and operations
management; experience with a hybrid buy/build integration of
software platforms.
- 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; ability to communicate with and inspire the
group to achieve organizational goals
- Flexibility, ability to prioritize, find creative solutions,
develop solutions, and meet deadlinesThe PerksAt 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. #LI-Hybrid
Keywords: Federal Home Loan Bank of Chicago, Tinley Park , Managing Director, Mortgage and Enterprise Systems, Executive , Chicago, Illinois
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