Job Description

The HCI Intern is responsible for the completion of reviews, analysis, research and reporting for projects funded through FHLBank Boston?s special programs for affordable housing and community development to ensure compliance with federal regulations, program policies, and Bank procedures. This position requires the incumbent to perform functions with a high degree of attention to detail and independence. This role primarily supports four of our core programs ? the Equity Builder Program (EBP), the Affordable Housing Program (AHP), Housing Our Workforce (HOW), and Lift Up Homeownership (LUH).

This role is ideal for someone with entry level experience in a related field that enjoys using their financial acumen, analytical, customer service and research skills in a highly collaborative team environment. Minimal travel may be necessary for this role.

This role is responsible for assisting with the primary review, analysis, and recommendation of EBP/HOW/LUH homebuyer qualification and household income calculations and subsidy disbursement transactions, including communications with the member financial institutions on issues and clarifications.

During the annual AHP funding round, the incumbent will perform the same or similar functions as the other team members and will assist in the online application testing and other round preparation and during the round will review and analyze AHP applications for recommendation of funding. He/she will also prepare individual application recommendation reports and assist department management in the analysis and reporting of the round recommendations for senior management and the Board.

This position will cross-trained to support additional positions and processes within the department. The incumbent will be assigned other duties as needed.