Finance Internship Job at Development Finance Corporation (formerly Overseas Private I..., Washington DC

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  • Development Finance Corporation (formerly Overseas Private I...
  • Washington DC

Job Description

Summary

Unpaid internships with DFC are offered year round in Washington, D.C., and can last from 12 weeks to 12 months. Duties vary based on the department and/or office in which the intern is placed. DFC's Internship Program offers valuable experience that contributes to educational and professional growth, and may be applied in any future employment endeavor, including federal, state and local governments or in the private sector.

This job is open to

  • Students

    Current students enrolled in accredited educational institutions from high school to graduate level. Includes internships, pathways and other student programs.

Clarification from the agency

This is an unpaid student internship.

Videos

Duties

Interns working for a Project Team in Finance, graduate interns have exposure to international project finance and work in collaboration with seasoned financiers in the loan origination process. Graduate interns serve as junior analysts and may be involved in all stages of project approval as part of a project team. Interns typically work on three to six transactions, depending on the complexity of the projects and the amount of time an intern is available. Typical duties include:
  • Reviewing applications for financing;
  • Reviewing existing financial statements of the sponsor or of the project;
  • Building, analyzing and running sensitivities of financial models of projected project cash flows;
  • Writing country political and economic summaries and political risk analyses;
  • Preparing portions of loan papers being presented to Credit or Investment Committee;
  • Collaborating with Investment Officers to present the proposed loan to an approval committee;
  • Working with members of other departments to receive required policy clearances;
  • Working with a project team to assist in the processing of disbursement requests; and
  • Review newly submitted applications for financing and for political risk insurance to identify which parties need to have Character Risk Due Diligence ("CRDD") conducted.

Requirements

Conditions of Employment

  • Must be suitable for Federal employment, determined by background investigation
  • Selective Service registration required for applicants, unless exempt
  • Must be actively enrolled (at least part-time) in an accredited college or university
  • U.S. Citizenship is required

Qualifications

Applicants must be United States citizens actively enrolled in a relevant graduate degree program in an accredited college or university on at least part-time basis . Specific programs include: Finance, Accounting, International Affairs, International Development, International Relations or International Economics. Actively enrolled means that you have not had a break of more than 5 months since your last course.

Previous work experience, particularly in Business or International Business, is required.

Education

See above mentioned educational requirements.

  • Benefits

    Review our benefits

How You Will Be Evaluated

You will be evaluated for this job based on how well you meet the qualifications above.

Applications will be reviewed to ensure eligibility under this program. Applications of eligible students will be forwarded to the Department for consideration. A separate application should be submitted for each internship of interest.

  • Benefits

    Review our benefits
  • Required Documents

    As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.

    To apply for this internship, you must provide a complete Application Package which includes:

    1. Resume showing work schedule, hours worked per week, dates of employment and duties performed.

    2. Cover Letter (optional)

    3. Unofficial Transcript(s) or proof of enrollment.
  • How to Apply

    Do not submit photographs with your application package. Documents with photographs may not be seen by hiring officials - you must remove your image from any badges, licenses, etc.

    Applicants for the DFC Unpaid Student Volunteer (Internship) Program must submit a resume and unofficial transcript in order to be considered for placement. NOTE: Incomplete packages will not be considered.

    Please submit an application for each program of interest.

    Applications are accepted year-round based upon agency need ;

    Please visit USAJobs.gov to view current internship vacancies, learn more about DFC Offices, and review specific qualification requirements for each internship. If you have any questions, please email DFCINTERNOPPORTUNITY@DFC.GOV.

    If experiencing a significant hardship which hinders your ability to apply on-line, please contact the Agency Contact listed on this announcement at least two business days before the closing date, to discuss your situation. Failure to contact us within sufficient time may result in your hardship request being denied.

    Agency contact information

    DFC Intern POC

    Email

    DFCInternOpportunity@dfc.gov

    Address

    International Development Finance Corporation

    1100 New York Ave. NW

    Washington, DC 20527

    US

    Next steps

    You will receive a notification if you are referred to a DFC Internship Coordinator for further consideration. Due to the high volume of applications, we are unable to respond individually to application status inquiries.
  • Fair and Transparent

    The Federal hiring process is set up to be fair and transparent. Please read the following guidance.

    • Criminal history inquiries
    • Equal Employment Opportunity (EEO) Policy
    • Financial suitability
    • New employee probationary period
    • Privacy Act
    • Reasonable accommodation policy
    • Selective Service
    • Signature and false statements
    • Social security number request

Required Documents

To apply for this internship, you must provide a complete Application Package which includes:

1. Resume showing work schedule, hours worked per week, dates of employment and duties performed.

2. Cover Letter (optional)

3. Unofficial Transcript(s) or proof of enrollment.

How to Apply

Do not submit photographs with your application package. Documents with photographs may not be seen by hiring officials - you must remove your image from any badges, licenses, etc.

Applicants for the DFC Unpaid Student Volunteer (Internship) Program must submit a resume and unofficial transcript in order to be considered for placement. NOTE: Incomplete packages will not be considered.

Please submit an application for each program of interest.

Applications are accepted year-round based upon agency need ;

Please visit USAJobs.gov to view current internship vacancies, learn more about DFC Offices, and review specific qualification requirements for each internship. If you have any questions, please email DFCINTERNOPPORTUNITY@DFC.GOV.

If experiencing a significant hardship which hinders your ability to apply on-line, please contact the Agency Contact listed on this announcement at least two business days before the closing date, to discuss your situation. Failure to contact us within sufficient time may result in your hardship request being denied.

Agency contact information

DFC Intern POC

Email

DFCInternOpportunity@dfc.gov

Address

International Development Finance Corporation

1100 New York Ave. NW

Washington, DC 20527

US

Next steps

You will receive a notification if you are referred to a DFC Internship Coordinator for further consideration. Due to the high volume of applications, we are unable to respond individually to application status inquiries.

Fair & Transparent

The Federal hiring process is set up to be fair and transparent. Please read the following guidance.

  • Criminal history inquiries
  • Equal Employment Opportunity (EEO) Policy
  • Financial suitability
  • New employee probationary period
  • Privacy Act
  • Reasonable accommodation policy
  • Selective Service
  • Signature and false statements
  • Social security number request

Job Tags

Permanent employment, Temporary work, Part time, Work experience placement, Local area,

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