Duties

Summary

The Financial Institutions & Capital Mobilization Division (FICMD) monitors direct loans and investment guaranties for projects in the financial services sector, including financial intermediation facilities (e.g. frameworks and loan guaranty facilities) and direct support of financial institutions to include banks, non-bank financial institutions, microfinance institutions, etc. in emerging and frontier markets. FICMD also manages DFC's capital mobilization program.
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Responsibilities

Interns assist FICMD officers in managing a portfolio of loans including assessing financial performance, loan compliance and other related tasks and performing industry and country risk analysis. Additional duties include reviewing financial statements, analyzing financial models, research on policy issues, preparation of country economic and political risk analyses, preparation of credit reviews of outstanding loans, and other related duties as assigned. Interns serve as junior financial analysts and will be involved in all stages of monitoring a portfolio of financial services sector projects.

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
• Required to be vaccinated against COVID-19 and submit documentation of proof of vaccination or request a legally required exception from this requirement.

Qualifications

Applicants must be U.S. citizens 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. Financial Analysis experience is preferred. Previous experience within a financial institution and/or social enterprise is highly desired. Exposure to and experience in excel, as well as excellent research and communication (oral & written) skills required.

Education

Applicants must be 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.

Additional information

Stipulations of Employment:

As required by Executive Order 14043, Federal executive branch employees are required to be fully vaccinated against COVID-19 regardless of the employee's duty location or work arrangement (e.g., telework, remote work, etc.), subject to such exceptions as required by law. If selected, you will be required to be vaccinated against COVID-19 and submit documentation of proof of vaccination by November 22, 2021 or before appointment or onboarding with the DFC (if later than November 22, 2021). DFC will provide additional information regarding which forms of documentation can be accepted and how you can request a legally required exception from this requirement.

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