Interns receive exposure to international corporate finance and work with seasoned financiers in the origination and execution of investments. The investment 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, term sheet and finance agreement negotiations and disbursement.
Summary
Interns receive exposure to international corporate finance and work with seasoned financiers in the origination and execution of investments. The investment 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, term sheet and finance agreement negotiations and disbursement.
As part of the Office of Development Credit (ODC), the mission of the Food Security Unit (FSU) is to mobilize private capital in a broad range of sectors critical to food security (agribusiness, storage & logistics, nutrition, and financial services). The FSU team provides investments and technical assistance directly to private sector companies (including social enterprises) as well as to financial intermediaries, including funds, investment companies and commercial lenders.
As an intern, you 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.
Reviewing applications for financing and financial statements; Building or analyzing models of projected project cash flows; Researching various policy issues; Preparing country economic and political risk analyses; Preparing credit reviews of outstanding loans; 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 construct term sheets, participate in negotiations on loan agreement terms, or assist in the processing of disbursement requests.
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
Qualifications are identified as undergrad students majoring in a business related field and/or current MBA or master of finance students
Education
You MUST provide transcripts or other documentation to support your educational claims. Unless otherwise stated: (1) official or unofficial transcripts are acceptable, or (2) you may submit a list with all of your courses, grades, semester, year, and credit for the course. All materials must be submitted by the closing date of the announcement.
See the above-mentioned "Qualifications" section for information on the education requirements for this internship.
Additional information
Internships may be for a duration of 12 weeks to 12 months.
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.
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.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
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 September 15
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
Due to the number of internships that may become available, you may be referred more than once. You will not be notified of a status until the announcement has closed. 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.
Failure to provide all of the required information as stated in this vacancy announcement may result in an ineligible rating or may affect the overall rating.
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 September 15
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
Due to the number of internships that may become available, you may be referred more than once. You will not be notified of a status until the announcement has closed. 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.
