Senior Manager, MPF Business and Transaction Management

Overview

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.

• Collaborative, in-office operating model

• Retirement program (401k and Pension)

• Medical, dental and vision insurance

• Lifestyle Spending Account

• Competitive PTO plan

• 11 paid holidays per year

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. We are committed to a high performing, engaged workforce, and to supporting the communities we serve across Illinois and Wisconsin. Our Buddy Program pairs new hires with tenured employees to guide their onboarding. Our professional development and training opportunities through upskilling, mentorship programs, and tuition reimbursement allow employees to grow their career with us.

Our collaborative, in-office operating model brings teams together to foster innovation, connection, and shared success. To support balance and flexibility, employees are provided an allocation of remote days to use as needed throughout the year.

The Senior Manager of MPF Business and Transaction Management supports the Mortgage Partnership Finance (MPF) Program by overseeing a variety of financial, mortgage-related, and business transactions from inception to completion. This role ensures all activities align with MPF program requirements, policies, and strategic objectives. The Senior Manager develops strong internal and external relationships to assess mortgage market conditions, identify partnership opportunities, and advance MPF goals.

This position requires a detail-oriented professional who can coordinate multiple stakeholders, ensure compliance with applicable regulations, and facilitate the seamless execution of transactions. Serving as the primary point of contact throughout the process, the Senior Manager provides expertise, guidance, and problem-solving support. Additionally, the Senior Manager leads project efforts that support long-term MPF initiatives and program development and, while this role has no direct reports, it leads major processes and cross-functional teams.

• Ensure flawless execution of complex MPF transactions by overseeing every stage—from planning and due diligence to documentation, negotiation, approvals, and closing—strengthening the precision, reliability, and credibility of the MPF Program.
• Accelerate strategic growth of the MPF Program by leading high-value initiatives, driving cross-functional collaboration, and cultivating strong internal and external relationships that expand market opportunities, improve processes, and advance long-term program objectives.
• Reduce organizational risk and enhance partner confidence through meticulous contract review, timely issue resolution, proactive timeline management, and clear, coordinated communication across clients, partners, legal counsel, and internal teams—ensuring consistent compliance and seamless integration.

• Manage end-to-end transaction processes, including planning, due diligence, documentation, approvals, and closing activities.
• Review, track, and negotiate contracts, purchase and sale agreements, and other documents.
• Monitor project and transaction timelines, milestones and deliverables to ensure deadlines are met.
• Identify and resolve issues or risks that may arise during the transaction process.
• Support post-transaction integration and follow-up activities as needed.
• Coordinate communication…