Discover our mission, values, and leadership.
Explore benefits that power your success.
Browse our network of businesses.
Explore opportunities to connect and grow.
Join us for our first Fall installment of the Government Affairs Forum featuring Boston Mayor Michelle Wu.
09/16/2026
9:45am - 11:00am
Boston Marriott Copley Place
Enjoy networking with fellow members and hear from Chamber Staff on how to best leverage your Membership to achieve your business goals.
09/08/2026
3:00pm - 4:30pm
Greater Boston Chamber of Commerce
Browse our directory to find and connect with member community.
Join experiences that build relationships and spark ideas.
Curated events and experiences for young adults in Greater Boston —built around community, culture, and connection. Join the Young Bostonians Collective.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
The Chamber Foundation invites the business community to engage with Boston Public Schools leaders and their students to help build the future workforce.
Learn how we advance talent and small business growth.
Join us at our next Foundation event.
The Federal Home Loan Bank of Boston is a leading provider of wholesale funding for housing and community finance in New England serving more than 420 financial institutions across the region. The Federal Home Loan Bank of Boston is committed to making New England a better place to live and do business, and our employees are integral to our success. As a cooperative, we are owned by more than 420 banks, credit unions, insurance companies, and community development financial institutions that access tens of billions of dollars of our reliable, wholesale funding each year. Our funds are a vital resource that helps our members succeed, provide families with safe, decent affordable housing, and generate economic development that creates jobs in communities throughout our region.
Our highly skilled team of 220 is innovative, collaborative, and passionate about the work we do. We seek other professionals excited to share their knowledge, talent, and passion for our mission to join our team. We offer opportunities for career development, robust benefits, and a work-life balance.
Position Summary
As a hands-on Analyst and Manager, the primary responsibility of this position will be analyzing the Bank’s credit risk models, member default models, and valuation of collateral pledged to the Bank to secure advances and other extensions of credit. This entails conducting credit and market risk analysis of, and reporting on, the Bank’s credit risk models, member default models, and collateral valuation risk, and additional topical research.
The Manager will gain and deploy working knowledge of all relevant internal and external models and tools used to measure these risks. The Manager is also expected to assist in the development and maintenance of internal code to support credit and collateral risk analytics. The Manager is expected to have familiarity with the pricing risks of a large range of financial instruments including, but not limited to, debentures, mortgage-backed securities, municipal bonds, CMBS, and various residential and commercial loan products. The Manager is also expected to know and reference all internal credit risk and collateral valuation procedures and assist in their ongoing development.
Duties related to credit models include, but are not limited to, research and development of member default models, testing model version upgrades and model performance monitoring activities such as benchmarking, back-testing, stress-testing, sensitivity analysis, and maintenance of internal databases used by the team and internally developed applications. Duties related to collateral valuation include, but are not limited to, new collateral research, cashflow pricing analysis, analyzing shocked prices from adverse economic scenarios, using distribution and rank-order analysis, and referencing prospectus of securities that may be in question.
The ideal candidate is a critical thinker, enjoys working on multiple projects that require skills in data research and analytics, and is comfortable performing, reviewing the work of others and learning in a hybrid work model. Data is often decentralized, and the candidate must be comfortable with aggregating and handling large data sets and meeting deadlines. The ideal candidate is an effective communicator, has some people management experience and brings a positive attitude with a desire to learn.
This role will have a hybrid work schedule in our Boston office in accordance with the Bank’s Hybrid Work Program. More time will be expected in the office to support onboarding initially, up to 90 days.
Anticipated Pay Range The anticipated base pay range for this role is $119,000 – $182,000.
This role is based in Boston with weekly in-office expectations. The base pay posted represents the annual base pay range or hourly wage range that we expect to offer for this job opportunity. The actual base salary offer will depend on a variety of factors including relevant experience, required skills and other relevant factors. The range noted here is not indicative of all positions in the job grade within which this position falls.
All Bank full-time positions are eligible to participate in our annual incentive program and our robust total rewards offerings, in addition to the base pay.
Specific Responsibilities
Knowledge/Skills
Experience
Education
As an Equal Opportunity Employer, we strongly encourage applicants from every ethnicity, color, religion, gender, age, national origin, disability, veteran or parental status and sexual orientation.
Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
Applications are being accepted on the Careers page of our website: www.fhlbboston.com
Popular Resources