Job Title:NON-PAID Student Volunteer Intern (Structured Finance)
Agency:Overseas Private Investment Corporation
Job Announcement Number:OPIC-INTER-2013-0032
This position is closed and no longer accepting online applications through USAJOBS.
The contents of the announcement can still be viewed.
/ Per Year|
|Friday, September 27, 2013 to
Tuesday, November 05, 2013|
SERIES & GRADE:
|Full-Time or part-time -
1 year or less|
|MANY vacancies -
Washington DC, DC View Map|
WHO MAY APPLY:
|Applicants must be enrolled or accepted for enrollment (at least part-time) in a relevant graduate degree program at the time the internship would be served.|
OPIC is the U.S. Government's development finance institution. It mobilizes private capital to help solve critical world challenges and in doing so, advances U.S. foreign policy. OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds. OPIC projects have generated $74 billion in U.S. exports and supported more than 275,000 American jobs.
Finance internships are available in two related departments: Small and Medium Enterprise Finance (SMEF) and Structured Finance (SF).
Small and Medium Enterprises supports American investment abroad by providing long-term small to medium size loans to small and middle market clients in a wide variety of projects. The Small and Medium Enterprise Finance department consist of three separate intern groups: Project Finance, Enterprise Development Network, and Socially Responsible Investment. While Structured Finance provides larger, long-term loans to finance large infrastructure projects and large financial services projects. All Structured Finance teams work on infrastructure, renewable energy, oil and gas, financial services and a wide variety of other industries.
In either department, interns serve as junior financial analysts and can be involved in all stages of project development as part of a project team. The process of origination involves credit underwriting, due diligence, a series of credit approvals base on the size of the proposed loan, loan agreement negotiations and disbursement of funds.
Interns may work on tasks in any of the stages of the original process and will likely work on from three to six transactions depending on the number of transactions that a project is involved in. Interns may review applications for financing and financial statements, build or analyze models of projected project cash flows, research various policy issues, prepare country economic and political risk analyses, prepare credit reviews of outstanding loans and work with Investment Officers to present the proposed to loan to an approval committee.
- Must be registered for Selective Service if applicable (www.sss.gov).
- NON-PAID Student Opportunity
- Applicants must be able to obtain and maintain a background investigation
- Cover letter must be submitted with your application
DUTIES:Back to top
OPIC Finance reviews loan proposals that range from $500,000 to $400,000,000 to projects located in over 140 countries that OPIC is open in and that are in a wide variety of industries including power, oil and gas, transportation, financial services, agriculture, manufacturing The Structured Finance Department supports American investment abroad by providing larger, long-term loans to finance large infrastructure projects and to financial services providers.
Interns serve as junior financial analysts and can be involved in all stages of project development as part of a Project Team. Interns may review applications for financing and financial statements, build or analyze models of projected project cash flows, research various policy issues, prepare country economic and political risk analyses, prepare credit reviews of outstanding loans, work with Investment Officers to present the proposed to loan to an approval committee, work with members of other department to receive required policy clearances, work with a project team to construct terms sheets, participate in negotiations on loan agreement terms, assist in the processing of disbursement requests.
QUALIFICATIONS REQUIRED:Back to top
A Masters degree in Business Administration, Master of Science in Foreign Service, Masters of Arts in International Affairs, Masters of Arts in International Relations and International Economics, along with relevant financial work experience is required. International work experience, particularly in finance, is preferred.
SUBMIT SCHOOL TRANSCRIPT(S). Transcripts will be required if you are selected for an internship. You will be required to bring an official copy with you on the first day of your internship. Must be enrolled or accepted for enrollment (at least part-time) in a relevant college degree program at the graduate level at the time the internship would be served.
Must be a U.S. citizen, currently enrolled in a full or part-time accredited degree program and in good academic standing.
HOW YOU WILL BE EVALUATED:
Department coordinators receive all applications to review, conduct interviews and make selections. Because OPIC cannot pay travel expenses, face-to-face interviews are not required; interviews may be conducted by phone.
To preview questions please click here.
BENEFITS:Back to top
All internships are NON-PAID. The student is considered a volunteer and is not entitled to compensation during any portion of this assignment. However, a transportation benefit may be provided depending on availability of funds. The volunteer is subject to the federal statutory and regulatory provisions that govern ethical and other standards of conduct, conflicts of interest, suitability, security, and limitations on political activity. The Federal Tort Claims Act and any other federal tort liability statute shall apply to the volunteer. The rules and policies that govern the internal operation and management of OPIC are applicable to the volunteer.
The Federal Government gives strong priority to hiring United States citizens and nationals Students must be willing and able to travel at their own expense to Washington, D.C. GENERAL INFORMATION All qualified candidates will receive consideration for this position without regard to race, color, religion, sex, age, national origin, disability, political affiliation, labor organization affiliation, marital status, sexual orientation, or other non-merit factors. OPIC welcomes and encourages applications from persons with physical and mental disabilities (including disable veterans in receipt of compensation at the rate of 30% or more) and will reasonably accommodate the needs of those persons. REASONABLE ACCOMMODATION STATEMENT OPIC provides reasonable accommodations to applicants with disabilities on a case-by-case basis. If you need a reasonable accommodation for any part of the application and hiring process, please contact the Human Resource Specialist listed in the contact information of the vacancy announcement. Hard of hearing or deaf individuals may contact the Human Resources Office via the TTY (TDD) number that is listed in the contact information of the vacancy announcement, or via the Federal Relay Service at 1-800-877-8339 (TTY/ASCII) or http://www.frso.us/index.jsp, or their state or local relay service. All application materials become the property of the agency and will not be returned. All the information you provide will be verified by a review of the work experience and/or education as shown on your application forms, by checking references and through other means, such as the interview process. Any exaggeration of your experience, false statements, or attempts to conceal information may be grounds for not hiring you, or for firing you after you begin work. Periodically, the Office of Personnel Management conducts applicant satisfaction surveys. If you are selected to participate, we encourage you to provide feedback. It will assist both OPM and OPIC in making the online application process better. Thank You