An internship with The Federal Home Loan Bank of Chicago gives you a unique opportunity to get a firsthand experience about different streams of banking.  We offer you a dynamic, collaborative and team-focused environment you will not find anywhere else.  You will be engaged in projects that have an impact on the Bank’s risk management and strategic planning as related to various financial risk factors.  We are currently seeking a summer intern to work in our Market Risk Earnings Analysis team.

Who are we you ask?

We are a federally chartered corporation and one of 11 Federal Home Loan Banks (FHLBanks) that, with the Office of Finance, comprise the Federal Home Loan Bank System. The FHLBanks were chartered by Congress under the Federal Home Loan Bank Act of 1932 to improve the availability of funds to support home ownership.  Each FHLBank is cooperatively owned by member financial institutions in its district and operated as a separate entity with its own management, employees, and board of directors.  Our district consists of the states of Illinois and Wisconsin. We are regulated by the Federal Housing Finance Agency, an independent federal agency.

Responsibilities

• Analyze report metrics/ create reports to support risk management and/or strategic planning

• Help automate process or reporting with RPA or software tools

• Gain exposure to different asset classes and bring unique perspective

• Create structured documentation related to various processes

• Perform analysis on ad hoc projects such as climate risk

Requirements

• Strong curiosity about Financial Markets and Financial Risk management

• Desired fields of study include Finance, Computer Programming, Mathematics, Statistics, Accounting, or other business-related discipline

• Should have a GPA of at least 3.0 and be in good academic standing.

• knowledge of Excel, SQL and Python is preferred

• Internships will begin May 2026. The start/end date is flexible based on school schedule

How You’ll Make an Impact:

• Help MRA create and/or automate process or reporting

• Gain exposure to different asset classes and bring unique perspective

• Perform analysis on ad hoc projects such as climate risk

Salary Range:

The above represents the expected salary range for this job requisition.  Ultimately, in determining your pay, we may also consider your experience, and other job-related factors. In addition to the base salary, we offer a comprehensive benefits package which can be found here: https://hrportal.ehr.com/fhlbc