The board
- Hours
- Part time
- Where
- Chicago
- Posted
- Sep 15
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.
An internship with The Federal Home Loan Bank of Chicago is not like your average internship. We can offer you a dynamic, collaborative and team-focused environment you will not find anywhere else. You will be engaged in projects that will provide you with real world, hands-on experience in the exciting world of financial services. We are currently seeking a summer intern to work in our Model Risk 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.
What you'd do
- Perform quantitative testing and qualitative review to assist in model validation
- Work effectively with MRM risk analysts as well as other teams of the Bank and perform ad-hoc analysis to support model-related initiatives
- Explain and present testing results to MRM, model owners and other stakeholders
- Research new ways to automate/improve modeling process
What they want
- Enrolled in undergraduate/graduate program in a quantitative discipline (e.g. Finance, Economics, Mathematics, Statistics) with GPA at least 3.0
- Interested in risk management and model validation
- Basic understanding in fixed income securities and data analysis (SQL/R/Python a plus)
- Proficient in Microsoft Office suite (Excel, Word, Access, PowerPoints)
- Starts
- 2026-09-15