Cybersecurity Intern
FHLBank Chicago
Cybersecurity Intern
FHLBank Chicago
Wholesale lender funding affordable housing programs
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
An IT internship with the Federal Home Loan Bank of Chicago is not your average internship. You'll join a collaborative, team-focused environment and get real-world, hands-on experience with cybersecurity in financial services. As our Cybersecurity intern, you'll support Vulnerability Management, Security Awareness, and Third-Party Risk, and you'll also work with other security teams.
Who We Are
The Federal Home Loan Bank of Chicago is one of 11 Federal Home Loan Banks. Congress chartered the FHLBanks in 1932 to improve the availability of funds that support home ownership. We are cooperatively owned by member financial institutions in Illinois and Wisconsin and regulated by the Federal Housing Finance Agency.
Duties
Vulnerability Management
· Coordinate with IT teams to remediate vulnerabilities and track them to closure
· Prioritize scan results using a risk-based approach
· Research new vulnerabilities and assess their impact
Security Awareness
· Investigate suspicious emails reported by employees
· Design and analyze a simulated phishing campaign
· Create training content and identify topics for future campaigns
· Design a tabletop exercise based on a real-world threat scenario
Third-Party Risk
Metrics & Reporting
Additional Exposure
· Gain exposure to Solutions Architecture, Identity & Access Management, Security Engineering, Threat & Incident Response, and IT Risk & Compliance through shadowing opportunities, based on team availability
· Present a capstone project to Information Security Leadership
Requirements
· Enrolled at an accredited four-year institution with a GPA of 3.0 or higher
· Pursuing a degree in Computer Science, Computer Engineering, IT Security, MIS, or another technical discipline
· Strong communication skills and a clear goal of building a career in information security
Preferred
Salary Range:
$38,800.00 - $58,100.00The 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
Wholesale lender funding affordable housing programs
FHLBank Chicago is a wholesale lender owned by its member financial institutions (banks, credit unions, and insurers in Illinois and Wisconsin). It provides competitively priced funding to these members by accessing global debt markets and offering a range of funding products. Its Community Investment group focuses on financing affordable housing and economic development. Programs like the Affordable Housing Program (AHP) offer forgivable housing grants, and the Downpayment Plus (DPP) program provides down payment assistance to homebuyers. The bank differentiates itself as a member-owned cooperative with a clear focus on community development and housing finance, rather than serving retail consumers directly. Its goal is to supply stable, affordable funding to its members and support initiatives that boost affordable housing and community development.
Explore more opportunities at FHLBank Chicago