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Within the Office of Development Credit (ODC), the Project Finance team works to provide debt financing to projects located in less developed countries where such support will have a developmental impact.
02/26/2021 to 02/25/2022
$0 - $0 without compensation
GS 00
Many vacancies in the following location:
No
Not required
No
Internships
Multiple Schedules
Competitive
None
No
No
ODC-PF-INTERN-11044366
593490900
The Project Finance team specializes in financial sector, telecommunications, manufacturing, and other highly complicated transactions. Note that students interested in Impact Investing finance should apply directly to the Socially Responsible Investing team or the Social Enterprise Finance team. Interns receive exposure to international project finance and work in collaboration with seasoned financiers in the loan origination process. The life cycle of a loan is made up of underwriting, due diligence and Know Your Customer review, an approval process whereby papers are written for the purpose of obtaining approval from Credit Policy, Investment Committee and, depending on the size of the loan, the Board of Directors, loan agreement negotiations and disbursement. After disbursement, a project is transferred to one of two monitoring groups. Interns on the Project Finance team 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:
Applicants must be enrolled at least part-time in an accredited college or university in a relevant graduate degree program, specifically in Finance, Accounting, International Affairs, International Development, International Relations or International Economics.
Stipulations of Employment:
To ensure compliance with an applicable nationwide preliminary injunction, which may be supplemented, modified, or vacated, depending on the course of ongoing litigation, the Federal Government will take no action to implement or enforce the COVID-19 vaccination requirement pursuant to Executive Order 14043 on Requiring Coronavirus Disease 2019 Vaccination for Federal Employees. Therefore, to the extent a Federal job announcement includes the requirement that applicants must be fully vaccinated against COVID-19 pursuant to Executive Order 14043, that requirement does not currently apply. DFC may request information regarding the vaccination status of selected applicants for the purposes of implementing other workplace safety protocols, such as protocols related to masking, physical distancing, testing, travel, and quarantine.
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.
To apply for this internship, you must submit a complete, which includes:
1. Your Resume
2. Your Unofficial Transcript
Applicants for the DFC Unpaid Student Volunteer (Internship) Program must submit a resume and unofficial transcript in order to be considered for placement. Incomplete packages will not be considered.
Please submit an application for each program of interest.
Applications are accepted year-round; however, if targeting a specific internship period, the DFC recommends submitting your application by the following dates:
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.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/job/593490900. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.