Duties

Summary

Unpaid internships with DFC are offered year round in Washington, D.C., and can last from 12 weeks to 12 months. The Office of Structured Finance and Insurance (SFI) Insurance team provides a key tool in the mitigation of risk in international business investments. Political risk insurance (PRI) protects investors again certain political conditions such as the actions of a foreign government or of political situations that lead to civil strife.
Learn more about this agency

Responsibilities

The Insurance team provides comprehensive, cost-effective PRI and re-insurance. Specifically, political risk insurance provides protection against three kinds of political risks: currency inconvertibility, expropriation of assets by a foreign government and damage to assets due to political violence.Interns on the Insurance teams 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 documentation on projects for which PRI has been requested;
• Conducting research on PRI underwriting issues;
• Drafting country risk profiles;
• Preparing portions of loan papers being presented to approval committees; and
• Assisting officers with PRI contract amendments

Travel Required

Not required

Supervisory status
No

Promotion Potential
None

Requirements

Conditions of Employment

• US Citizenship is required
• Must be currently enrolled or have been accepted for enrollment (at least part-time) in an accredited college or university
• Must be suitable for Federal employment, determined by background investigation
• Selective Service registration required for male applicants, unless exempt

Qualifications

Applicants must be U.S. citizens 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. Previous work experience, particularly in international business, is required.

Education

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.

Additional information

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.

Background checks and security clearance

Security clearance
Not Required

Drug test required
No

Position sensitivity and risk
Non-sensitive (NS)/Low Risk

Trust determination process
Credentialing

Required Documents

To apply for this internship, you must submit a complete, which includes:

1. Your Resume
2. Your Unofficial Transcript