Internal Audit Manager
fhlbc · Chicago · United States · On-site
Pay: USD 151,025 – 265,525 a year
Posted Oct 2, 2026
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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.
C ollaborative, 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
Who we are
FHLBank 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 here
At 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. We volunteer and identify ways to strengthen our communities. 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 do
The Audit Manager leads risk-based audits with a primary emphasis on financial reporting, accounting processes, and internal controls over financial reporting, while also managing operational, compliance, and advisory engagements. The role manages audit staff and multiple assignments, communicates results to senior management and the Board and its committees, and supports annual audit planning. The position requires sound audit judgment, broad business acumen, people leadership, and strong financial reporting audit experience.
How you’ll make an impact:
Strengthen the reliability of financial reporting by evaluating key accounting processes, financial statement risks, significant judgments, regulatory reporting, and related internal controls.
Improve business operations and risk management by identifying root causes and recommending practical enhancements to processes, controls, and governance.
Build a high-performing audit team through effective leadership, coaching, staff development, and the use of data analytics and technology to improve audit quality and efficiency.
What you can expect:
Lead financial reporting audits, including assessments of accounting processes, financial statement risks, significant judgments, regulatory reporting, and internal controls over financial…