Interns receive exposure to international project finance and work with seasoned financiers in the loan origination process. The loan life cycle includes underwriting, due diligence and Know Your Customer review, an approval process with papers written for the purpose of obtaining approval from Credit Policy, Investment Committee and the Board of Directors (if applicable), loan agreement negotiations and disbursement. After disbursement, a project is transferred to a monitoring group.
Interns receive exposure to international project finance and work with seasoned financiers in the loan origination process. The loan life cycle includes underwriting, due diligence and Know Your Customer review, an approval process with papers written for the purpose of obtaining approval from Credit Policy, Investment Committee and the Board of Directors (if applicable), loan agreement negotiations and disbursement. After disbursement, a project is transferred to a monitoring group.
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:
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. Previous experience within a financial institution and/or social enterprise is highly desired. Exposure to and experience in excel and financial modeling, as well as excellent research and communication (oral & written) skills required.
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.
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.
To apply for this internship, you must submit a complete, which includes:
1. Your Resume
2. Your Unofficial Transcript
Applicants for the DFC Unpaid Student Volunteer (Internship) Program must submit a resume and unofficial transcript in order to be considered for placement. Incomplete packages 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, the DFC recommends submitting your application by the following dates:
You will receive a notification if you are referred to a DFC Internship Coordinator for further consideration. Due to the high volume of applications, we are unable to respond individually to application status inquiries.
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
