Long-Term Internship - Business Development and Customer Insights

Location
Chicago
Salary
Commensurate with education and experience.
Posted
Sep 24, 2024
Closes
Nov 09, 2024
Ref
R2400337
Type
Part Time
Join the FHLBC team!

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.

• Retirement program (401k and Pension)
• Medical, dental and vision insurance
• Lifestyle Spending Account
• Generous PTO plan
• 11 paid holidays per year
• Hybrid working model


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 banking and financial services. We are currently seeking a summer intern to work in our Sales, Strategy and Solutions department. Successful individuals should be following an academic track in Business, Finance, or Economics.

Who we are

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.

What you'll do:
  • Assist the team execute on the Bank's strategic plan by identifying new opportunities for business growth
  • Analyze large amounts of data, summarizing results for the sales team and senior management
  • Leverage analytical tools, such as Excel and Tableau, to design and create dashboards and reports on members/clients, market data, and product usage trends
  • Perform research and help interpret economic indicators, market trends, and financial and mortgage markets to assist the team in identifying business opportunities, preparing various presentations, and analyzing member/client behavior trends
  • Collaboration with other teams on projects where new technology and new data standards are introduced
  • Help create and further maintain advanced mapping analytics in Tableau, illustrating eligibility and further impact of FHLBank Chicago and our members/clients
  • Internship group project
  • Network with fellow interns and management within the department/company


How You'll Make an Impact
  • Drive Strategic Growth: By identifying new business opportunities and analyzing market trends, you will directly contribute to the Bank's strategic initiatives, helping to shape the future direction of the organization.
  • Enhance Decision-Making: Your work in creating detailed dashboards and reports using advanced analytical tools will provide critical insights to senior management and the sales team, enabling data-driven decisions that optimize performance and client satisfaction.
  • Foster Innovation and Collaboration: Through collaboration on projects involving new technology and data standards, you will play a key role in advancing the Bank's technological capabilities and fostering a culture of innovation and teamwork.


REQUIREMENTS
  • Applicants should be enrolled in an undergraduate 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, or Business
  • Proficient in Excel
  • Tableau experience a plus, or interest in learning


OTHER REQUIREMENTS (SCHOOL YEAR):
  • This position works a maximum of 19 hours per week.
  • This position is expected to work on-site at least one day per week (ideally Tuesday or Thursday)


OTHER REQUIREMENTS (SUMMER):
  • This position works a full-time schedule of 37.5 hours per week.
  • This position is expected to work on-site Tuesday-Wednesday-Thursday.


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