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Long Term Internship - Community Investment

Company: Federal Home Loan Bank of Chicago (FHLBC)
Location: Chicago
Posted on: January 14, 2018

Job Description:


Long Term Internship - Community Investment
Internship Chicago, Illinois



Summer Internship - COMMUNITY INVESTMENT

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 wo n't find anywhere else. You will be engaged in projects that will provide you with real world, hands-on experience in the exciting world of financial services. We are currently seeking a summer intern to work in our Community Investment Group .

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 f unds 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, emp loyees, 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 Community Investment i nternship will involve the following:

  • Th e primary responsibility will be the review of competitive Affordable Housing Program (AHP) applications for homeownership and rental projects, including comprehensive financial feasibility analyses.
  • The secondary r esponsibilities may include performing housing policy research, analyzing program data, and/or contributing to market analyses.


    REQUIREMENTS
    • Applicants should be enrolled in a graduate program at an accredited institution
    • Should have a GPA of at least 3.0 and be in good academic standing . Transcripts will be requested
    • Desired fields of study include urban planning, real estate, public administration, or related disciplines .
    • Internship will start no later than mid-May 2018 and will continue through August 2018; potential exists for the internship to convert to part-time from September through November 2018.
    • The ideal candidate will have :
      • S trong time management skills and the ability to work both independently and collaboratively
      • Critical and objective thinking with acute attention to detail
      • Excellent written and oral communication skills
      • Advanced proficiency in Microsoft Excel
      • Completed at least one class in housing finance




        Keywords: Federal Home Loan Bank of Chicago (FHLBC), Chicago, Long Term Internship - Community Investment, Other, Chicago, Illinois

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