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    Duties

    Summary

    Unpaid internships with OPIC 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. OPIC'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.

    Learn more about this agency

    Responsibilities

    When working for SF or SMEF, interns get exposure to international project finance and work in collaboration with seasoned financiers in the loan origination process. The life cycle of a loan starts with underwriting and due diligence on the project, its sponsors and other related parties. This is followed by an approval process whereby papers are written for the purpose of obtaining approval from OPIC's Credit Policy team, Investment Committee and, depending on the size of the OPIC support, the Board of Directors. Project teams then negotiate the loan agreement which leads to disbursement of funds to a project. After disbursement, a project is transferred to one of two monitoring groups in DFPM.

    Interns on the Structured Finance and Insurance (SFI) 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 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; and
    • Working with a project team to assist in the processing of disbursement requests.



    Travel Required

    Not required

    Supervisory status

    No

    Promotion Potential

    None

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    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 such as finance, accounting, international affairs/development or economics. Previous business experience is highly desired. Successful completion of a background investigation is also required.

    Education

    Applicants must be enrolled at least part-time in an accredited college or university in a relevant graduate degree program such as finance, accounting, international affairs/development or economics.

    Additional information

    How You Will Be Evaluated

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

    Background checks and security clearance

    Drug test required

    No

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    Required Documents

    To apply for this internship, you must submit a complete Application Package to interns@opic.gov with Project Finance in the subject line, which includes:

    1. Your Resume
    2. Your Unofficial Transcript
    3. OPIC Internship Letter of Interest (use the form found at https://www.opic.gov/who-we-are/careers/developmental-opportunities)

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    Benefits

    https://www.opic.gov/who-we-are/careers/developmental-opportunities

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    How to Apply

    Applicants for the OPIC Unpaid Student Volunteer (Internship) Program must submit a resume, unofficial transcript and a letter of interest to Interns@opic.gov with Project Finance in the subject line in order to be considered for placement. Incomplete packages or e-mails without the specific internship program name in the subject line 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, OPIC recommends submitting your application by the following dates:

    • Summer - Apply by March 1
    • Fall - Apply by July 1
    • Winter - Apply by November 1
    • Spring - Apply by January 1

    For information on each Internship offered, please see: https://www.opic.gov/who-we-are/careers/developmental-opportunities

    Agency contact information

    Recruiter at OPIC

    Address

    Overseas Private Investment Corporation
    1100 New York Ave. NW
    Washington, DC 20527
    US
    Learn more about this agency

    If you are looking for an exciting and challenging career in the Federal Government, the Overseas Private Investment Corporation (OPIC) is the place for you. OPIC is the U.S. Government's international development finance institution. You will be part of a dedicated team helping to mobilize private capital to help solve critical development challenges and advance U.S. foreign policy.

    The Project Finance Program at OPIC is made up of the Structured Finance (SF) team, located within the Structured Finance and Insurance Department (SFI) and the Small and Medium Enterprise Finance Department (SMEF). Loan officers for both teams support projects located in less developed countries and areas where American investment is involved.

    The SF Team specializes in infrastructure, energy projects, financial sector, telecommunications, health care and other highly complex transactions. SMEF focuses on energy, housing, Impact Investing and many other industries such as financial services, hotels, and manufacturing. Students interested in Impact Investing finance should apply directly to the Socially Responsible Investing team or the Social Enterprise Finance team.

    Visit our careers page

    Learn more about what it's like to work at Overseas Private Investment Corporation, what the agency does, and about the types of careers this agency offers.

    https://www.opic.gov/who-we-are/careers/developmental-opportunities/

    Next steps

    If you are selected for an interview for this internship, you will be contacted directly.

Fair & Transparent

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

Equal Employment Opportunity Policy

The United States Government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy And gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service, or other non-merit factor.

Reasonable Accommodation Policy

Federal agencies must provide reasonable accommodation to applicants with disabilities where appropriate. Applicants requiring reasonable accommodation for any part of the application process should follow the instructions in the job opportunity announcement. For any part of the remaining hiring process, applicants should contact the hiring agency directly. Determinations on requests for reasonable accommodation will be made on a case-by-case basis.

A reasonable accommodation is any change in the workplace or the way things are customarily done that provides an equal employment opportunity to an individual with a disability. Under the Rehabilitation Act of 1973 the Equal Employment Opportunity Commission (EEOC) must provide reasonable accommodations:

  • An applicant with a disability needs an accommodation to have an equal opportunity to apply for a job.
  • An employee with a disability needs an accommodation to perform the essential job duties or to gain access to the workplace.
  • An employee with a disability needs an accommodation to receive equal access to benefits, such as details, training, and office-sponsored events.

Legal and regulatory guidance

This job originated on www.usajobs.gov. For the full announcement and to apply, visit www.usajobs.gov/GetJob/ViewDetails/512263800. Only resumes submitted according to the instructions on the job announcement listed at www.usajobs.gov will be considered.