Summer Internship - PMO

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

Benefits offered by this job

401k & Pension

Medical Insurance

Dental Insurance

Vision Insurance

Lifestyle Spending Account

11 Paid Holidays

Job summary

The Federal Home Loan Bank of Chicago is seeking a summer intern for the Process Optimization department. You will support process improvement initiatives, create process flows, collect and analyze data, and develop recommendations with Lean Six Sigma approaches.

Successful candidates are enrolled in a four-year program, maintain a 3.0+ GPA, and study Supply Chain Management, Business Administration, Information Technology, or Engineering. Internship runs May 2027–August 2027 in Chicago.

Qualifications

• Applicants should be enrolled at an accredited four-year institution.
• GPA of at least 3.0 and in good academic standing.
• Desired fields of study include Supply Chain Management, Business Administration, Information Technology, Industrial or Mechanical Engineering or related discipline.

Responsibilities

• Support process optimization initiatives using project management, process standardization, change management, and business analytics.
• Create process flows and business architecture documentation.
• Collect, analyze, and present data relevant to process optimization and operations.
• Develop recommendations based on process data.
• Collaborate with stakeholders to implement solutions.
• Facilitate employee training in Lean Six Sigma methodologies.

Skills

Data analysis

Project management

Lean Six Sigma

Stakeholder collaboration

Education

Enrollment in a four-year program

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

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.

We are currently seeking a summer intern for our Process Optimization department.

Successful Individuals should be following an academic track in business, supply chain management, quality, technology, engineering or other related course of study.

DUTIES

• Support process optimization initiatives throughout the Bank using project management, process standardization, change management, and business analytics.
• Create process flows and business architecture documentation.
• Collect, analyze, and present data relevant to process optimization efforts and operational processes.
• Develop recommendations based on process data.
• Collaborate with stakeholders and project teams to implement solutions.
• Facilitate employee training in Lean Six Sigma methodologies.

REQUIREMENTS

• Applicants should be enrolled at an accredited four-year institution.
• Should have a GPA of at least 3.0 and be in good academic standing.
• Desired fields of study include Supply Chain Management, Business Administration, Information Technology, Industrial or Mechanical Engineering or other related discipline.

Internships will start May 2027 through August 2027.

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.