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Internal Audit Intern

Illinois Housing Development
Chicago, IL Intern
POSTED ON 11/24/2025 CLOSED ON 1/30/2026

What are the responsibilities and job description for the Internal Audit Intern position at Illinois Housing Development?

 

Position Title: Internal Audit Intern

Department: Internal Audit

 

 

Who we are: The Illinois Housing Development Authority (IHDA) is one of the Nation’s preeminent Housing Finance Agencies and one of the State’s ten largest financial institutions. Our mission is to finance the creation and preservation of affordable housing across the state. IHDA oversees more than 20 federal and state programs on behalf of the state of Illinois and serves as one of the state’s primary resources for housing policy and program administration. For over 50 years, IHDA has led the state in financing and supporting affordable housing.

 

At IHDA we strive to create and maintain a work environment that promotes diversity, recognition and inclusion. IHDA is committed to hiring and investing in individuals of diverse talents and backgrounds to ensure a range of perspectives and experiences inform and guide our work of financing affordable housing in the state of Illinois.

 

Summary: Illinois Housing Development Authority (IHDA), one of the Nation’s preeminent Housing Finance Agencies and one of the State’s ten largest financial institutions, is currently seeking an Internal Audit Intern to build upon their 50 year leadership in housing finance.  The Internal Audit department is looking for an intern to assist with a variety of audits in Operations, Financial, Compliance and Information Technology. The intern may work on other special projects as assigned.  The intern will be assigned to audits based on the resource needs of each individual audit as a staff internal auditor.

 

Responsibilities:

  • Assists with audits, including planning, fieldwork testing preparation, fieldwork and reporting, as assigned.
  • With appropriate guidance, execute and document testing of internal controls with clear explanations of procedures and results using appropriate standards and terminology. 
  • Adapts to and uses technology such as AuditBoard to improve the effectiveness of assignments, increase efficiencies and quickly complete work objectives.
  • Attends meetings such as the kickoff meetings, process walkthroughs and/or close meetings to observe.
  • Assists in other duties and/or special assignments as assigned.

Experience:

 

As a prerequisite, the successful candidate must believe in the core values and mission of the organization. The ideal candidate will demonstrate the following experience, skills, and personal attributes:

  • Pursuing BS/BA or MS degree in Accounting or Finance.
  • Excellent oral, written, and communication/presentation skills and analytical skills.
  • An interest in the government sector.
  • Strong attention to detail; organizational skills and ability to multi-task
  • Experience with Microsoft Office Suite; Demonstrate proficiency with MS Excel required.
  • Perform other duties as assigned

Physical Requirements

Alternating between sitting, standing, and walking. Ascending and descending stairs. Crouching and stooping. Pushing and pulling. Reaching overhead or below. Repetitive tasks movements (filing, keyboarding, copying). Lifting, carrying, and moving objects of up to 10 -15 pounds.

IHDA’s Summer Internship Program Highlights:

  • Paid Internship
  • Open to college students (must be an actively enrolled undergraduate or graduate student at the time of applying)
  • Full-time hybrid internship program that runs from June – August (typically 10 weeks)
  • You will receive on-the-job training from industry experts
  • Participate in workshops to gain insight on key departments at the Authority
  • Participate in IHDA’s Mentorship Program
  • Attend outings to connect with fellow interns

 

EOE





Salary : $18 - $20

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