151 Financial Analyst Jobs in Chicago, IL
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Federal Reserve Bank of Chicago is Hiring a Financial Analyst Near Chicago, IL
This role is responsible for performing complex financial analysis, performance reporting, and collaborating with stakeholders. The Financial Analyst also ensures compliance with budget guidance, accounting rules, Federal Reserve System policies and standard operating procedures.
The level of work required is considered advanced and staff must be able to work under minimal supervision. This job does not have any direct reports.
Financial Analysis Responsibilities
- Conducts analysis and provides consultation regarding complex budget, revenue, forecast, and accounting data
- Provides independent and complex analytical support to produce performance reporting and executive leadership presentations at the District and System level
- Performs operational tasks for forecasting and accounting functions
- Contributes to the preparation of the budget documents
- Identifies continuous improvement efforts
- Creates and delivers training on accounting and finance related processes, procedures and applications
- May lead and/or participate in high impact/priority workgroups
- Ensures daily operations of core functions are consistent with established policies, procedures and controls
- Provides policy consultation and guidance to stakeholders from analysts to senior executives
- Researches and responds to complex inquiries regarding Federal Reserve System or local Reserve Bank policies
- Bachelor's degree in Accounting, Finance, related field or equivalent experience
- One or more years of relevant work experience
- Advanced knowledge of finance principles, practices and procedures obtained through education, experience or certification
- Independent thinking and decision making abilities
- Possesses strong communication and presentation skills
- Possesses analytical skills and ability to apply, interpret, and explain complex analysis of financial data
- Demonstrated aptitude to leverage relevant technology and software applications, including ability to create and modify complex spreadsheets
- Excellent attention to detail
- Comprehensive benefits package includes medical, dental, vision, prescription drug coverage, 401k savings plan, retirement plan, paid time off, transit benefit, onsite gym and subsidized cafeteria
- A learning environment with opportunities to gain new skills and grow your career
- This role is a hybrid work model in Chicago.
- As a condition of employment, Federal Reserve Bank of Chicago employees must comply with the Bank’s ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning securities, such as stock, of banks or savings associations or their affiliates, such as bank holding companies and savings and loan holding companies. If you or your spouse/domestic partner or minor child own such securities and would not be willing or able to divest them if you accepted an offer of Bank employment, you should raise this issue with the recruiter for this posting, who can provide you contact information for our ethics official if necessary.
Regular / TemporaryRegular
Job Exempt (Yes / No)Yes
Job CategoryAccounting/Finance
Work ShiftFirst (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.Privacy Notice
Job Summary
Full Time
Banking
$73k-89k (estimate)
06/16/2024
06/22/2024
chicagofed.org
DES MOINES, IA
1,000 - 3,000
1914
LINDA GAETH
$500M - $1B
Banking
Related Companies
About Federal Reserve Bank of Chicago
The Chicago Fed serves the Seventh Federal Reserve District, an economically diverse region that includes all of Iowa and most of Illinois, Indiana, Michigan and Wisconsin. The Seventh District has a large national share of many important economic sectors. The Chicago Fed has a head office in Chicago and a branch office in Detroit. We serve the public interest by fostering a strong economy and promoting financial stability. We accomplish this with talented and innovative people working within a collaborative and inclusive culture. In 2017, the Federal Reserve Bank of Chicago received a perfect... score of 100 on the 2018 Corporate Equality Index from the Human Rights Campaign Foundation.
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The job skills required for Financial Analyst include Accounting, Financial Analysis, Leadership, Presentation, Financial Services, Attention to Detail, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Financial Analyst job description and responsibilities
Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.
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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.
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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.
12/27/2021: Dallas, TX
They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.
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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Financial Analyst jobs
To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.
12/07/2021: Baltimore, MD
Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.
03/03/2022: Omaha, NE
To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.
12/27/2021: Youngstown, OH
Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.
12/11/2021: Burlington, VT
With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.
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Step 3: View the best colleges and universities for Financial Analyst.
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