Social Enterprise Finance Internship

Employer
USAJobs
Location
Washington, D.C
Posted
Aug 05, 2022
Closes
Aug 13, 2022
Hours
Full Time
Duties

As part of the Office of Development Credit (ODC), the mission of the Social Enterprise Finance (SEF) team is to mobilize private capital into innovative, high-impact social enterprises to enable them to expand their operations and help solve critical developmental challenges. The SEF team's client base, market focus and strategy cover a broad range of impact investment sectors (micro and SME finance, healthcare, education, sustainable agriculture, housing, water and sanitation) and address the needs of people living at the base of the economic pyramid. The SEF team provides loans directly to social enterprises focused on these high-impact sectors as well as to financial intermediaries, including funds, investment companies and commercial lenders. Interns serve as junior financial analysts and may be involved in all stages of project development as part of a project team. Interns also work on tasks in any stage of the origination process for three to six transactions, depending on the number of transactions that a project team is involved in. Additional duties include:
  • Reviewing applications for financing and financial statements;
  • Building or analyzing models of projected project cash flows;
  • Researching various policy issues;
  • Preparing country economic and political risk analyses;
  • Preparing credit reviews of outstanding loans;
  • Collaborating with Investment Officers to present the proposed loan to an approval committee;
  • Working with members of other departments to receive required policy clearances; and
  • Working with a project team to construct term sheets, participate in negotiations on loan agreement terms, or assist in the processing of disbursement requests.


Requirements

Conditions of Employment

  • Must be suitable for Federal employment, determined by background investigation
  • Selective Service registration required for male applicants, unless exempt
  • Must be actively enrolled (at least part-time) in an accredited college or university
  • U.S. Citizenship is required
  • Interns must be based in the United States during the duration of their internship.


Qualifications

Applicants must be United States citizens actively enrolled at least part-time in an accredited college or university in a relevant graduate degree program. The ideal candidate should have a graduate level academic concentration in business, international affairs/development, economics, or finance. Previous experience within a financial institution, social enterprise, and/or impact investing is highly desired. Exposure to and experience in excel and financial modeling, as well as excellent research and communication (oral & written) skills required.

Education

You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.

See the above-mentioned "Qualifications" section for information on the education requirements for this internship.

Additional information

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.