Summer Internship - MPF Operations

    Federal Home Loan Bank of Chicago logo

    Federal Home Loan Bank of Chicago

    201-500 employeesFounded 1932Chicago, ILBanking
    Actively hiringPaidSummer 2027Banking
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    Best applied by Sep 18

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    About the role#

    This summer internship within the Mortgage Partnership Finance (MPF) department provides hands-on experience in financial services. You will work in a team-centered environment, gaining a comprehensive understanding of the mortgage lifecycle and how operations support home ownership initiatives.

    What you'll do#

    • Analyze and improve mortgage operations processes.
    • Develop and track key performance metrics to support data-informed decisions.
    • Collaborate with various operations teams to learn the mortgage lifecycle.
    • Contribute to cross-functional projects.

    What you'll need#

    • Junior status or higher at an accredited four-year institution.
    • A GPA of at least 3.0 and good academic standing.
    • Enrollment in Finance, Accounting, or a related Business discipline.
    • Willingness to work with each of the MPF operations teams.
    • Experience with data for metrics and process improvement, such as Lean Six Sigma, is highly desirable.

    Location & details#

    • Location: Chicago, Illinois.
    • Term: Summer 2027.
    • Modality: On-site.
    • Employment: Full time, paid internship.
    • Salary Range: $38,800 to $58,100 per year.

    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.

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