Unpaid internships with DFC are offered year round in Washington, D.C., and can last from 12 weeks to 12 months. Within the Office of Structured Finance and Insurance (OSFI), Project Teams in Structured Finance work to provide debt financing to projects located in less developed countries where such support will have a developmental impact. Projects include: infrastructure, energy projects, financial sector, telecommunications, health care and other highly complex transactions.

Duties

Interns working for a Project Team in Structured Finance, graduate interns have exposure to international project finance and work in collaboration with seasoned financiers in the loan origination process. Graduate interns 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 applications for financing; Reviewing existing financial statements of the sponsor or of the project; Building, analyzing and running sensitivities of financial models of projected project cash flows; Writing country political and economic summaries and political risk analyses; Preparing portions of loan papers being presented to Credit or Investment Committee; 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 assist in the processing of disbursement requests.

Requirements

• 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 United States citizens actively enrolled in a relevant graduate degree program in an accredited college or university on at least part-time basis. Specific programs include: Finance, Accounting, International Affairs, International Development, International Relations or International Economics. Actively enrolled means that you have not had a break of more than 5 months since your last course. Previous work experience, particularly in Business or International Business, is required.

Education

See above mentioned educational requirements.

Contacts

• Address International Development Finance Corporation 1100 New York Ave. NW Washington, DC 20527 US
• Name: DFC Intern POC
• Email: [email protected]