Summer Internship - PMO

FHLBank 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 plan

11 paid holidays per year

Job summary

FHLBank Chicago is seeking a summer intern for the Process Optimization team. You will support optimization initiatives, collect data, and develop recommendations while collaborating with stakeholders.

This internship runs May 2027 through August 2027 and focuses on business analytics and process standardization. Applicants should be enrolled in a four‑year program with a minimum 3.0 GPA and study in SCM, business, IT, or engineering.

Qualifications

• Enrolled in an accredited four‑year program with good academic standing.
• GPA of at least 3.0 is required or in good standing.
• Relevant studies include supply chain, business, IT, or engineering.

Responsibilities

• Support process optimization initiatives using project management and analytics.
• Create process flows and business architecture documentation.
• Collect, analyze, and present data for optimization efforts.
• Develop recommendations based on process data and collaborate with stakeholders.
• Facilitate Lean Six Sigma training and support project teams.

Skills

Process optimization

Data analysis

Project management

Education

Enrolled in accredited four-year institution

GPA 3.0 minimum

Fields of study: SCM, Business Admin, IT, Engineering

Tools

Lean Six Sigma

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