About the role#
As a Credit Risk Analyst Intern with the Markets Credit Team, you will gain hands-on experience in credit risk modeling, data analytics, and financial analysis. This role provides exposure to the Mortgage Partnership Finance and investment portfolios, allowing you to learn from experienced professionals in risk management.
What you'll do#
- Assist in operating and maintaining credit risk models for mortgage loan portfolios.
- Monitor and report credit risk trends and exposures for mortgage loan and investment portfolios.
- Support the development of algorithmic solutions for model implementation and performance monitoring.
- Participate in scenario analysis and stress testing to evaluate portfolio risks under various economic conditions.
- Support credit reviews for member institutions.
- Collaborate with validators and auditors to ensure model accuracy and compliance.
- Aid in optimizing business processes through data management and programming tools.
- Conduct ad-hoc analysis as needed.
What you'll need#
- Currently pursuing a Bachelor’s or Master’s degree in Mathematics, Finance, Economics, Statistics, Computer Science, or a related field.
- Basic knowledge of programming and data analytics tools.
- Strong analytical and problem-solving skills.
- Effective verbal and written communication abilities.
- Detail-oriented and self-motivated mindset.
- Familiarity with mortgage markets and financial products is a plus.
Location & details#
- Location: Chicago, Illinois.
- Term: Summer 2027.
- Modality: On-site.
- Status: Full-time internship.
- Compensation: Paid position.
About Federal Home Loan Bank of Chicago
The Federal Home Loan Bank of Chicago provides funding to member institutions in Illinois and Wisconsin. Founded in 1932, the organization supports community investment and provides access to the secondary mortgage market. It operates as a privately held entity based in Chicago. The staff size ranges from 201 to 500 employees.
How to get in at Federal Home Loan Bank of Chicago
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