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.
* Medical, dental and vision insurance * Retirement program (401k and Pension) * Generous PTO plan * 11 paid holidays per year * Hybrid working model (effective February 22, 2022) * Casual dress code
Summer Internship - Data Governance
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 have an exceptional opportunity for a paid long term internship in our Data Governance Office. The FHLBank Chicago is looking to partner with a hard-working, high-energy student who is ready to put their knowledge to work. This individual should be ready to demonstrate advanced written, analytical and problem-solving abilities, the ability to conduct research into data issues and as required, and the ability to convey information to all levels of the organization in a clear, focused, and concise manner. Successful individuals should be following an academic track in IT/MIS, Business, Finance, Statistics, or Data Analysis.
This is a fantastic opportunity for students who are interested in learning how an internal department of a bank operates. The student will work on a team that develops, tests, and supports the banks data centralization platform and data governance program implementation. The student will help translate business needs and end-user requirements into functional specifications that describe what the system, process or service must do to fulfill the business and user requirements.
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 Internship includes but is not limited to:
Work with business team members, decision makers, and stakeholders to define business requirements and systems goals.
Learn to apply the Bank's Data Governance and Management policy and differentiating between different classifications of data
Ensure that the data governance program and applications meet business requirements and systems goals
Analyzing data and building reports and creating presentations for various meetings.
Obtaining new reporting skills through internal Tableau training courses with the Bank.
Supporting the group's activities to promote and maintain internal and external customer expectations.
Assisting with administrative functions, various assignments and presentations as appropriate.
Participating in Bank-wide events to learn about a diverse and inclusive culture.
Applicants should be enrolled in a undergraduate program at an accredited institution.
Applicants should be at least Sophomore status at an accredited four year institution.
Should have a GPA of at least 3.0 and be in good academic standing.
Must have demonstrated expertise in Microsoft Excel.
Desired fields of study include IT/MIS, Finance, Statistics, Data Analytics.
Must enjoy working in a trading floor environment.
How You'll Make an Impact:
Fresh ideas and perspective will help identify opportunities for improvement in operations
Eagerness to contribute and willingness to learn will bring energy and new ideas to the team
Provide the chance to showcase skills/abilities and represent the team through various shared tasks and/or processes
We are committed to providing a safe work environment for all our employees. The FHLBank Chicago requires all employees, except those who may require accommodations under federal or state civil rights laws, to be fully vaccinated. #LI-Hybrid
The Federal Home Loan Bank of Chicago is a $100 billion wholesale bank and one of 11 district banks chartered in 1932 by the U.S. Congress to support mortgage lending and community investment. Each FHLBank operates as an independent organization and is governed by a board of directors elected by its member institutions. As a cooperative, we provide reliable liquidity to our member banks, credit unions, insurance companies, and community development financial institutions located in Illinois and Wisconsin, focusing on the distinct needs of their individual businesses and communities.
We offer products and services to help our members fund loans and investments held in portfolio, manage liquidity, fund mortgages into the secondary market, secure third party agreements, and achieve asset liability management goals. Through our Community Investment and Affordable Housing programs, we also help our members to provide affordable housing and economic development in the communities they serve.
FHLBank Chicago is a place, where everyone can make a difference—both for our organization and for the communities we serve through our member financial institutions. We aim to create a diverse... and inclusive environment where employees are fully engaged and positioned to do their best work. Teamwork is valued, and even entry-level hires may find themselves working side-by-side with senior-level executives.