Summer Internship - AI Intern

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

Benefits offered by this job

Retirement program (401k and Pension)

Medical, dental and vision insurance

Lifestyle Spending Account

Competitive PTO

11 paid holidays

Job summary

Federal Home Loan Bank of Chicago is seeking students for an AI Summer Intern position in our in-office Chicago campus. You will collaborate with Information Technology teams on AI, automation, and digital transformation initiatives and gain hands-on experience with generative AI technologies.

You will help design, test, and evaluate AI-enabled solutions that improve productivity and business processes while supporting governance and best practices in a regulated financial services environment.

Qualifications

• Enrolled at an accredited four-year college or university and at least a junior.
• GPA of 3.0 or higher in technical studies is preferred.
• Pursuing Computer Science, Computer Engineering, MIS, or related field.

Responsibilities

• Assist in developing, testing, and enhancing AI-powered solutions and digital assistants.
• Support design and configuration of AI agents using enterprise platforms.
• Analyze AI adoption metrics and present findings to stakeholders.
• Document AI governance processes and assist with responsible AI practices.

Skills

AI & Innovation

Data Analytics

Automation

Governance

Education

Junior status in accredited four-year institution

GPA 3.0 or higher

Majors: CS/CE/MIS or related

Tools

Microsoft Copilot

Enterprise AI platforms

Job description

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.Collaborative, in-office operating modelRetirement program (401k and Pension)Medical, dental and vision insuranceLifestyle Spending AccountCompetitive PTO plan11 paid holidays per yearThe Artificial Intelligence (AI) Summer Intern will work closely with Information Technology teams to support the Bank's emerging AI, automation, and digital transformation initiatives. This internship provides an opportunity to gain hands-on experience with generative AI technologies, intelligent automation, data analytics, AI governance, and enterprise productivity tools.This role provides a unique opportunity to work alongside technology leaders and practitioners who are actively deploying enterprise AI capabilities, automation solutions, AI agents, productivity tools, and governance frameworks in a regulated financial services environment. Interns will gain practical experience applying AI to real business challenges while helping shape the future of work at the Bank.You will assist in designing, testing, and evaluating AI-enabled solutions that help improve employee productivity, enhance business processes, and support responsible AI adoption across the organization. Projects may include developing AI agents, researching new AI capabilities, supporting proof-of-concept initiatives, analyzing AI usage metrics, and helping document governance and best practices. The internship offers exposure to real-world applications of Microsoft Copilot, AI agents, automation platforms, data analytics, cybersecurity use cases, and enterprise technology operations.Key ResponsibilitiesAI & InnovationAssist with the development, testing, and enhancement of AI-powered solutions and digital assistants.Support the design and configuration of AI agents using enterprise AI platforms.Research emerging AI technologies, trends, and industry best practices.Participate in pilot programs and proof-of-concept initiatives focused on AI and automation.Help evaluate business use cases and identify opportunities to improve efficiency through AI.Data Analytics & InsightsAnalyze AI adoption and utilization metrics to identify trends and opportunities.Create reports and dashboards that measure the effectiveness of AI initiatives.Assist with data collection, cleansing, and analysis activities supporting technology projects.Present findings and recommendations to project stakeholders.Automation & Process ImprovementSupport efforts to streamline business processes through automation technologies.Assist with documenting workflows and identifying repetitive tasks suitable for automation.Help test automated solutions and validate expected outcomes.Contribute ideas for improving employee productivity and operational efficiency.Responsible AI & GovernanceAssist with documenting AI governance processes, standards, and controls.Support activities related to responsible AI practices, data privacy, security, and risk management.Help maintain AI-related documentation, procedures, and knowledge resources.Participate in discussions regarding ethical and compliant use of AI technologies.User Enablement & TrainingAssist in developing educational materials, user guides, and training resources.Support AI adoption efforts across departments.Gather feedback from users and help identify opportunities to improve AI solutions and user experience.Help promote awareness of AI capabilities and best practices throughout the organization.REQUIREMENTSApplicants should be enrolled at an accredited four-year institution and be at least of Junior statusShould have a GPA of at least 3.0 and be in good academic standingDesired fields of study include; Computer Science, Computer Engineering, Operations Management, Management Information Systems, or other technical disciplineInternships will start May 2027 through August 2027.Salary Range:$38,800.00 - $58,100.00The 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