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Political Risk Internship

Development Finance Corporation
This job announcement has closed

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.

Overview

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Hiring complete
Open & closing dates
02/26/2020 to 02/25/2021
Salary
$0 to - $0 without compensation
Pay scale & grade
GS 00
Location
Many vacancies in the following location:
Washington, DC
Telework eligible
No
Travel Required
Not required
Relocation expenses reimbursed
No
Appointment type
Internships
Work schedule
Multiple Schedules
Service
Competitive
Promotion potential
None
Supervisory status
No
Security clearance
Not Required
Drug test
No
Position sensitivity and risk
Non-sensitive (NS)/Low Risk
Trust determination process
Announcement number
SFI-POLITICAL RISK-INTERN
Control number
561057500

This job is open to

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Clarification from the agency

This is an unpaid student internship.

Duties

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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

Requirements

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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.

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.

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