Credit Risk Intern: Markets Analytics & Modeling

Fhlbc

Chicago, Northern (IL, KY)

Hybrid

USD 39,000 - 58,000

Full time

2 days ago

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Benefits offered by this job

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Job summary

The Federal Home Loan Bank of Chicago is seeking a Credit Risk Analyst Intern to join the Markets Credit Team. You will gain hands-on experience in credit risk modeling, data analytics, and financial analysis within a federally chartered institution.

You’ll work with MPF and investment portfolios, learn from experienced professionals, and contribute to real-world risk projects. Mentorship and potential for future full-time opportunities are offered in a dynamic, collaborative environment.

Qualifications

Currently pursuing a Bachelor’s or Master’s degree in Mathematics, Finance, Economics, Statistics, Computer Science, or a related field.
Familiarity with mortgage markets and financial products is a plus.
Basic knowledge of programming and data analytics tools.
Strong analytical and problem-solving skills.

Responsibilities

Assist in operating and maintaining credit risk models for mortgage loan portfolios.
Help monitor and report credit risk trends and exposures for mortgage loan and investment portfolios.
Support development of algorithmic solutions for model implementation and performance monitoring.
Participate in scenario analysis and stress testing to evaluate portfolio risks.
Support credit reviews for member institutions.
Collaborate with validators and auditors to ensure model accuracy and compliance.
Aid in optimizing business processes through data management and programming tools.
Conduct ad-hoc analysis as needed.