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          Enjoy networking with fellow members and hear from Chamber Staff on how to best leverage your Membership to achieve your business goals.

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          Greater Boston Chamber of Commerce

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          Women's Network
          A Conversation with Helen Doody, Abbey Capital

          Explore the intersection of leadership, global finance, and motherhood in a compelling fireside chat with Helen Doody.

          09/17/2025

          9:30am - 11:00am

          Location TBA

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          Read More
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          • Call for Nominations
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        • Transformational DEI Certificate

          This program is in redevelopment. Click this page for DEI resources.

          Read More
          Women’s Leadership Program

          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.

          Read More
          Boston’s Future Leaders

          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.

          Read More
          Authentic Professionalism for Early Career Professionals

          In this highly interactive workshop with Strategic Career & Leadership Coach Carole-Ann Penney, you’ll define your professional identity and develop strategies to confidently navigate workplace dynamics.

          Read More
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          arrow-go
          Read More
        • ...
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          Read More
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          City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.

          Read More
          BIMA

          BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.

          Read More
          Women’s Network

          For over 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.

          Read More
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Member Risk & Analytics Manager

Posted: 08/05/2025
Financial Services

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
The Member Risk and Analytics Manager is a front-line role with embedded risk responsibilities. The role blends achievement of business objectives with prudent risk-taking, ensuring credit risks (existing and potential) are identified, monitored, and appropriately escalated. Working collaboratively with the Bank’s relationship managers, strategists and Funding Desk, the incumbent will efficiently identify, monitor, and accurately analyze the financial condition of member institutions of the Bank: banks, credit unions, insurance companies, and community development financial institutions. In addition to preparing timely and accurate reports regarding member financial conditions and trends, the incumbent will prepare various reports for stakeholders and review and recommend advance requests, limits, and other extensions of credit from the Bank.
The incumbent provides a critical link between the business and the Bank’s second line credit risk function, supporting a strong risk culture in alignment with the Bank’s risk appetite. This role will be focused on member-facing risk.
This is an individual contributor role, there are no people management responsibilities. Limited travel is expected for this role, less than 10% of the time and mostly within the New England region, the geographic area where our members are based.
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 initially to support onboarding, about 90 days.

Specific Responsibilities
·         Monitor and analyze the financial condition of members and make recommendations on extensions of credit, credit limits, and credit ratings of member institutions.
·   Recommend exceptions to prescribed guidelines as warranted to the Bank’s Credit Committee.
·   Identify early warning signs of credit deterioration through financial analysis, industry trends, and member activity. Act as the first point of escalation for emerging credit concerns.
·    Maintain an active Watch List of members with elevated credit risk. Lead or participate in periodic stakeholder meetings to review the Watch List and report material trends to Credit Committee.
·    Develop and perform stress test analytics to identify which members may experience financial weakness due to changes in conditions such as interest rate movements, shifts in balance sheet composition or weakening loan portfolio performance.
·    Promote awareness of credit policies, risk frameworks, and regulatory requirements within the sales team and serve as the liaison between the sales and credit risk departments.
·    Collaborate with Relationship Managers to understand business profiles of member institutions. Participate with the relationship managers in member meetings as necessary to understand business models and potential risks.
·    Perform daily review of “red flags” to discover early warning signals that may impact member credit metrics and credit ratings.
·    Analyze prospective membership applications and recommend or reject membership to the Credit Department in line with regulatory requirements and the Bank’s risk appetite.
·    Accurately and efficiently assist in the maintenance of the Department's member database.  Prepare periodic reports that reflect members' indebtedness, capital, asset quality, earnings, liquidity, and growth, etc.  Prepare other reports as directed.  Efficiently review all reports for accuracy. 
·    Work closely with the other team members on special projects undertaken to meet the overall goals and objectives of the Department.
·    Collaborate with strategists and other colleagues to build out data analytics resources used by the department and across the Bank.
·    Work closely with other team members to implement enhancements to the Department’s monitoring processes and reports to create efficiencies and effective dashboards and key performance indicator reports.
·    Stay informed of changes to the regulatory requirements of member regulators.
·         Other duties, as assigned.
 
Knowledge/Skills

  • Knowledge of capital markets, financial theory and fixed income securities, especially mortgages and mortgage-backed securities, is required.
  • Understanding of factors that drive bank and credit union balance sheet profitability and risk management required.
  • Familiarity with off-balance sheet instruments, asset liability management (ALCO) strategies and interest rate risk management techniques required.
  • Knowledge of asset/liability management issues for insurance companies preferred.
  • Advanced skills with MS Excel are required. Programming experience in VBA or SQL strongly preferred. Experience with PowerBI is strongly preferred.
  • Excellent written and verbal communication skills. Must be able to write concise and informative analyses that convey the key information supporting conclusions, and as well effectively present conclusions and/or recommendations.
  • Analytical mindset and attention to detail.
  • Ability to distill financial and other quantitative and qualitative information and reach conclusions.  Ability to weigh the importance of key credit metrics and other relevant financial and qualitative information. 
  • Must demonstrate confidence and initiative to complete assignments in a timely manner.
  • Must be able to work in a team environment.
  • Must have high integrity and personal ethics and be willing to perform duties in accordance with company and department policies and procedures.
Education
  • Bachelor’s degree with a concentration in finance, accounting, economics, or related field; or directly related equivalent work experience required.
  • CFA or progress towards this designation is strongly preferred/supported.
Experience
  • At least five (5) years of financial analysis and/or underwriting experience. 
  • Strong understanding of credit risk principles, financial statement analysis, and lending practices.
  • Direct experience analyzing depository institutions and/or insurance companies preferred.
 
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.

Member Risk & Analytics Manager
Federal Home Loan Bank of Boston
Scott Barker
  • 800 Boylston Street, Flr. 7 Boston MA 02199
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