About the role
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 Want to get on our radar? No need to apply. Click below to introduce yourself. 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.
Minimum requirements
- Enrolled in an accredited four-year institution with a minimum 3.0 GPA and good academic standing
- Pursuing a degree in Supply Chain Management, Business Administration, IT, Industrial or Mechanical Engineering, or related field
- Available for internship from May 2027 through August 2027
This listing was parsed by AI and may not be complete. Check the official posting on FHLBank's site for the most accurate information.