Summer Internship - Market Risk Earnings Analysis

FHLBank; Chicago (IL); On-site; USD 39,000 - 58,000; Full time

Benefits offered by this job

In-office collaborative model

Retirement program (401k and Pension)

Medical, dental and vision insurance

Lifestyle Spending Account

Competitive PTO plan

11 paid holidays per year

Job summary

The Federal Home Loan Bank of Chicago is offering a summer internship in our Market Risk Earnings Analysis team. You will be engaged in projects that affect risk management and strategic planning across financial risk factors.

The internship begins May 2026 with a flexible start date based on your school schedule. You will analyze metrics, help automate reporting with tooling, and gain exposure to multiple asset classes in a collaborative, in-office environment.

Qualifications

• GPA of at least 3.0 and in good academic standing.
• Preferred knowledge of Excel, SQL and Python.
• All fields of study listed are acceptable for consideration.

Responsibilities

• Analyze report metrics to support risk management and strategic planning.
• Help automate processes or reporting with RPA or software tools.
• Gain exposure to different asset classes and provide perspective on projects.
• Create structured documentation for various processes.

Skills

Excel

SQL

Python

Finance basics

Education

Finance

Computer Programming

Mathematics

Statistics

Accounting

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 model
• Retirement program (401k and Pension)
• Medical, dental and vision insurance
• Lifestyle Spending Account
• Competitive PTO plan
• 11 paid holidays per year

An 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.

Responsibilities

• Analyze report metrics/ create reports to support risk management and/or strategic planning
• Help automate process or reporting with RPA or software tools
• Gain exposure to different asset classes and bring unique perspective
• Create structured documentation related to various processes
• Perform analysis on ad hoc projects such as climate risk

Requirements

• Strong curiosity about Financial Markets and Financial Risk management
• Desired fields of study include Finance, Computer Programming, Mathematics, Statistics, Accounting, or other business-related discipline
• Should have a GPA of at least 3.0 and be in good academic standing
• knowledge of Excel, SQL and Python is preferred

Internships will begin May 2026. The start/end date is flexible based on school schedule

How You’ll Make an Impact

• Help MRA create and/or automate process or reporting
• Gain exposure to different asset classes and bring unique perspective
• Perform analysis on ad hoc projects such as climate risk

Salary Range: $38,800.00 - $58,100.00

The 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

Our mission at FHLBank Chicago: To partner with our members in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment, and support for their community investment activities. Simply said, we're a bank for banks and other financial institutions, focused on being a strategic partner for our members and working together to reinvest in our communities, from urban centers to rural areas. Created by Congress in 1932, FHLBank Chicago is one of 11 Federal Home Loan Banks, government sponsored in support of mortgage lending and community investment.