Summary
DFC ranked a Best Places to Work in 2022.
Unpaid internships with DFC are offered year round in Washington, D.C., and can last from 12 weeks to 12 months. Duties vary based on the department and/or office in which the intern is placed. DFC's Internship Program offers valuable experience that contributes to educational and professional growth, and may be applied in any future employment endeavor, including federal, state and local governments or in the private sector.
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Overview
* Accepting applications
* Open & closing dates
04/02/2024 to 04/01/2025
* Salary
$0 - $0 without compensation
* Pay scale & grade
GS 00
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Locations
* Washington, DC
* Location Negotiable After Selection,
* Remote job
No
* Telework eligible
Yes-as determined by the agency policy.
* Travel Required
Not required
* Relocation expenses reimbursed
No
* Appointment type
Internships -
* Work schedule
Multiple Schedules -
* Service
Competitive
* Promotion potential
None
* Job family (Series)
1199 Business And Industry Student Trainee
* Supervisory status
No
* Security clearance
Not Required
* Drug test
No
* Position sensitivity and risk
Non-sensitive (NS)/Low Risk
* Trust determination process
Credentialing
* Announcement number
24-OSBFS-INTERN-12373391
* Control number
784771500
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This job is open to
* Students
Current students enrolled in accredited educational institutions from high school to graduate level. Includes internships, pathways and other student programs.
Clarification from the agency
This is an unpaid student internship.
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Duties
MTU's client base, market focus, and strategy cover a broad range of high-impact sectors (agriculture, education, energy, healthcare, infrastructure, financial services, water and sanitation) with a core focus on innovative and inclusive financial services. The MTU team provides investments and technical assistance to financial intermediaries (including funds, investment companies, and commercial lenders) and directly to private sector companies. Interns serve as junior financial analysts and may be involved in all stages of project development and relationship management as part of a project team. Interns also work on tasks in any stage of the origination, relationship management, and compliance process for three to six transactions, depending on the number of transactions that a project team is involved in. Additional duties include:
* 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.
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Requirements
Conditions of Employment
* Must be suitable for Federal employment, determined by background investigation
* Selective Service registration required for male applicants, unless exempt
* Must be actively enrolled (at least part-time) in an accredited college or university
* U.S. Citizenship is required
Qualifications
Applicants must be U.S. citizens enrolled at least part-time in an accredited college or university in an undergraduate or graduate level program studying Finance, Accounting, International Affairs, International Development, International Relations or International Economics. Enrollment in a graduate level program in the above mentioned areas of study and international business experience are highly desired. Exposure to and experience in excel and financial modeling, as well as excellent research and communication skills required. Foreign language skills in Spanish, French, and/or Russian is a plus.
Education
ARE YOU USING YOUR EDUCATION TO QUALIFY?
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.
PASS/FAIL COURSES:
If more than 10 percent of your undergraduate course work (credit hours) were taken on a pass/fail basis, your claim of superior academic achievement must be based upon class standing or membership in an honor society.
GRADUATE EDUCATION: One academic year of graduate education is considered to be the number of credits hours your graduate school has determined to represent one academic year of full-time study. Such study may have been performed on a full-time or part-time basis. If you cannot obtain your graduate school's definition of one year of graduate study, 18 semester hours (or 27 quarter hours) should be considered as satisfying the requirement for one year of full-time graduate study.
FOREIGN EDUCATION: If you are using education completed in foreign colleges or universities to meet the qualification requirements, you must show the education credentials have been evaluated by a private organization that specializes in interpretation of foreign education programs and such education has been deemed equivalent to that gained in an accredited U.S. education program; or full credit has been given for the courses at a U.S. accredited college or university. For further information, visit: /ed.gov/about/offices/list/ous/international/usnei/us/edlite-visitus-forrecog.html
* Benefits
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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.
* Benefits
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* Required Documents
As a new or existing federal employee, you and your family may have access to a range of benefits. Your benefits depend on the type of position you have - whether you're a permanent, part-time, temporary or an intermittent employee. You may be eligible for the following benefits, however, check with your agency to make sure you're eligible under their policies.
To apply for this internship, you must provide a complete Application Package which includes:
1. Resume showing work schedule, hours worked per week, dates of employment and duties performed.
2. Cover Letter (optional)
3. Unofficial Transcript(s) or proof of enrollment.
* How to Apply
Do not submit photographs with your application package. Documents with photographs.