Summer Internship – Mortgage Capital Markets
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 summer intern to work in our Member and Markets department. Successful individuals should be following an academic track in Business, Finance, Statistics, Economics, or Accounting.
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.
The Members and Markets Summer Internship will involve the following:
-Creating presentations for members/clients that showcase our products and services
-Work on pricing mortgage products and analyze how it compares to competitors
-Learn about investment portfolio by studying potential trades prior to execution
-Departmental metric gathering and reporting as well as management reporting
-Assisting with new projects and presentations as assigned
-Applicants should be enrolled in a undergraduate or graduate program at an accredited institution
-Should have a GPA of at least 3.0 and be in good academic standing
Desired fields of study include Finance, Economics, Statistics
-Internships will start June 2021. The start/end date may be flexible based on school schedule
-Must enjoy working in a trading floor environment.