Credit Risk Modeling Intern – Markets Analytics

Federal Home Loan Bank of Chicago; Chicago (IL); On-site; USD 39,000 - 58,000; Full time

Benefits offered by this job

Competitive compensation

Bonus package

Comprehensive benefits

401k and Pension

11 paid holidays

Paid time off

Job summary

The Federal Home Loan Bank of Chicago is offering a Credit Risk Analyst Intern position within our Markets Credit Team in Chicago. You will gain hands-on experience in credit risk modeling, data analytics and financial analysis.

You'll use SQL, Python, R, Visual Basic and Tableau to monitor risk trends, support model implementation, conduct scenario analysis and assist with credit reviews under experienced mentors.

Qualifications

• Pursuing a Bachelor's or Master’s degree in a quantitative field.
• Familiarity with mortgage markets is a plus.
• Strong analytical and problem-solving skills.
• Effective verbal and written communication abilities.

Responsibilities

• Assist in operating and maintaining credit risk models for mortgage loan portfolios.
• Help monitor and report credit risk trends and exposures.
• Support development of algorithms for model implementation and performance monitoring.
• Participate in scenario analysis and stress testing to evaluate portfolio risks.
• Collaborate with validators and auditors to ensure model accuracy.

Skills

SQL

Python

R

Tableau

Data analytics

Credit risk modeling

Education

Bachelor’s or Master’s degree in Mathematics/Finance/Economics/Statistics/Computer Science

Tools

SQL

R

Python

Visual Basic

Tableau

Job description

The Federal Home Loan Bank of Chicago is offering a Credit Risk Analyst Intern position within our Markets Credit Team in Chicago. You will gain hands-on experience in credit risk modeling, data analytics and financial analysis.

You'll use SQL, Python, R, Visual Basic and Tableau to monitor risk trends, support model implementation, conduct scenario analysis and assist with credit reviews under experienced mentors.