Long Term Intern - Member Transaction Desk

Member Product Support Chicago, Illinois

CANDIDATES MUST BE LOCAL TO THE CHICAGOLAND AREA

An internship with The Federal Home Loan Bank of Chicago is not like your average internship. We can offer you a dynamic, collaborative and team-focused environment you won’t find anywhere else.  You’ll be engaged in projects that will provide you with real world, hands-on experience in the exciting world of financial services. 

We are currently seeking a long-term intern to work in our Member Product Support area. Individuals should be following an academic track in finance or another business discipline. Individuals should also be able to demonstrate excellent attention to detail with respect to documentation, following policies, procedures, rules, regulations, and applicable laws. Individuals should also have the ability to multitask and shift priorities as required, as well as work effectively under pressure.

This is a unique opportunity to work at a large financial institution. You will have the opportunity to assist members in the execution of advances, letters of credit, capital stock, term deposits and derivatives, which are our primary credit products of the Bank.

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.

REQUIREMENTS

  • Applicants should be at least Sophomore status at an accredited four year institution local to the Chicagoland area.
  • Should have a GPA of at least 3.0 and be in good academic standing
  • Desired fields of study include; Finance or another Business discipline
  • Must have demonstrated expertise in Microsoft Excel, Access a plus
  • Internship is paid

The mission of the Federal Home Loan Bank of Chicago is to partner with our member shareholders in Illinois and Wisconsin to provide them competitively priced funding, a reasonable return on their investment in the Bank, and support for community investment activities.

The FHLBC is dedicated to providing equal employment and contracting opportunities, regardless of race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information or veteran status.