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.
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.
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.
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. 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:
To ensure compliance with an applicable nationwide preliminary injunction, which may be supplemented, modified, or vacated, depending on the course of ongoing litigation, the Federal Government will take no action to implement or enforce the COVID-19 vaccination requirement pursuant to Executive Order 14043 on Requiring Coronavirus Disease 2019 Vaccination for Federal Employees. Therefore, to the extent a Federal job announcement includes the requirement that applicants must be fully vaccinated against COVID-19 pursuant to Executive Order 14043, that requirement does not currently apply. DFC may request information regarding the vaccination status of selected applicants for the purposes of implementing other workplace safety protocols, such as protocols related to masking, physical distancing, testing, travel, and quarantine.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
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.
A career with the U.S. government provides employees with a comprehensive benefits package. As a federal employee, you and your family will have access to a range of benefits that are designed to make your federal career very rewarding. Opens in a new windowLearn more about federal benefits.
Eligibility for benefits depends on the type of position you hold and whether your position is full-time, part-time or intermittent. Contact the hiring agency for more information on the specific benefits offered.
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:
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.dfc.gov/who-we-are/careers
International Development Finance Corporation
1100 New York Ave. NW
Washington, DC 20527
US
Next steps
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.
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:
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.dfc.gov/who-we-are/careers
International Development Finance Corporation
1100 New York Ave. NW
Washington, DC 20527
US
Next steps
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.
Fair and transparent
The Federal hiring process is set up to be fair and transparent. Please read the following guidance.
