Summer Internship - PMO

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

Benefits offered by this job

401k and Pension

Medical, dental and vision insurance

Lifestyle Spending Account

11 paid holidays per year

Competitive PTO

Job summary

Federal Home Loan Bank of Chicago is seeking a summer intern for the Process Optimization department. Ideal candidates are pursuing business, supply chain, quality, technology, engineering, or related fields, with a GPA of 3.0+ and enrollment in a four-year program.

Internship runs May 2027 through August 2027. Compensation ranges from $38,800 to $58,100, plus comprehensive benefits; in-office, collaborative work model in Chicago, IL.

Qualifications

• Applicants should be enrolled at an accredited four-year institution.
• GPA of at least 3.0 and in good academic standing.
• Field of study includes supply chain, business, IT, eng-related disciplines.

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 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.

Skills

Project management

Process standardization

Change management

Business analytics

Education

Enrolled in accredited four-year institution

GPA 3.0 or higher

Supply Chain Management

Business Administration

Information Technology

Industrial or Mechanical Engineering

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.