Summer Internship - Market Risk Earnings Analysis

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

Benefits offered by this job

Internship

In-office

401k

Health insurance

Pension

Paid holidays

Job summary

The Federal Home Loan Bank of Chicago is seeking a summer intern for its Market Risk Earnings Analysis team. You will analyze report metrics, help automate reporting, and gain exposure to different asset classes within a collaborative, in-office environment in Chicago.

Preferred fields of study include Finance, Mathematics, or related disciplines; a GPA of at least 3.0 is expected. The internship begins May 2026 with flexible start dates based on school schedules, and a competitive benefits

Qualifications

• GPA of at least 3.0 and good academic standing.
• Fields of study include Finance, Computer Programming, Mathematics, Statistics, Accounting, or related disciplines.

Responsibilities

• Analyze report metrics and create reports to support risk management and strategic planning.
• Assist in automating processes or reporting with RPA or software tools.
• Gain exposure to different asset classes and provide unique perspectives.
• Create structured documentation related to various processes.
• Perform analysis on ad hoc projects such as climate risk.

Skills

Excel

SQL

Python

Education

Finance or related field

Tools

RPA

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 yearAn 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.ResponsibilitiesAnalyze report metrics/ create reports to support risk management and/or strategic planningHelp automate process or reporting with RPA or software toolsGain exposure to different asset classes and bring unique perspectiveCreate structured documentation related to various processesPerform analysis on ad hoc projects such as climate riskRequirementsStrong curiosity about Financial Markets and Financial Risk managementDesired fields of study include Finance, Computer Programming, Mathematics, Statistics, Accounting, or other business-related disciplineShould have a GPA of at least 3.0 and be in good academic standing.knowledge of Excel, SQL and Python is preferredInternships will begin May 2026. The start/end date is flexible based on school scheduleHow You’ll Make an Impact:Help MRA create and/or automate process or reportingGain exposure to different asset classes and bring unique perspectivePerform analysis on ad hoc projects such as climate riskSalary 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