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Vacancy Details


Announcement Number:
Hiring Agency:
Position Title:
NON-PAID Student Volunteer Intern (Credit Policy)
Open Period:
11/20/2013 - 04/15/2014
GS - 0301 00
$0.00 - $0.00
Promotion Potential:
Duty Location(s):
  • MANY in Washington DC, DC, US
For More Info:
Tawnya Lee


Who May Apply:
Applicants must be enrolled or accepted for enrollment (at least part-time) in a relevant academic program at an upper undergraduate or graduate level at the time the internship would be served. Full-time enrollment is required when positions are paid.
Security Clearance Required:
Not Applicable
Duration Appointment:
1 year or less
Marketing Statement:
OPIC is the U.S. Government's development finance institution. It mobilizes private capital to help solve critical world challenges and in doing so, advances U.S. foreign policy. OPIC works with the U.S. private sector, it helps U.S. businesses gain footholds in emerging markets catalyzing revenues, jobs and growth opportunities both at home and abroad. OPIC achieves its mission by providing investors with financing, guarantees, political risk insurance, and support for private equity investment funds. OPIC projects have generated $74 billion in U.S. exports and supported more than 275,000 American jobs.
Office of the Chief Financial Officer 
The Office of the Chief Financial Officer comprises the Budget Office, Financial Management, Corporate Performance and Strategic Planning (Internal Controls and Strategic Planning), Portfolio Management, Risk Management, and Credit Policy. Internships vary according to the office in which the intern is working but duties may include: assisting staff on risk and credit analysis and assessment; budget development, implementation and assessment; accounting, auditing and internal control assessment; or portfolio servicing and monitoring.
Supervisory Position:
Key Requirements:

Must be registered for Selective Service if applicable ( NON-PAID Student Opportunity Applicants must be able to obtain and maintain a background investigation


The Credit Policy internship is located in the Credit Policy Group (CP) which resides in the Office of the Chief Financial Officer of the Overseas Private Investment Corporation (OPIC).  The CP function exists for the independent review and evaluation of all credit aspects of Direct Loans and Investment Guaranty transactions originated in OPIC’s Small and Medium Enterprise (SME) and Structured Finance (SF) departments.  CP conducts credit policy reviews of complex new and existing OPIC finance transactions for compliance with OPIC credit policies and procedures, and to advance prudent underwriting guidelines for OPIC projects and transactions.  CP also conducts and may assist the SMEF and SF project teams, as necessary, in direct underwriting of finance transactions.
The CP intern serves as a junior analyst and assists CP staff in the development of credit approval policies and procedures for, and administration of, the Direct Loan and Investment Guaranty programs in SMEF and SF; advises SMEF and SF on credit policy issues; assesses new loan and guaranty products; may present and defend project credit assessments and proposals to SMEF, SF and CP staff and project teams; participates in identifying, developing, and executing effective plans to streamline and improve OPIC credit policy activities; and keeps abreast of changes in international banking and credit practices as well as certain OPIC-specific legislative and regulatory changes.   CP Interns may also research various policy issues and prepare country, sectoral and company credit analysis and other administrative duties as assigned.
Intern should have the ability to evaluate the new project sponsors capabilities and their projected financial performance of proposed projects. Intern should also have the ability to evaluate other project credit risks such as market industry factors, host country support, financial modeling and collateral risk factors, for proposed projects.

Qualifications and Evaluations

Must be a U.S. citizen Must be currently enrolled in a full or part-time accredited degree/diploma program Must be in good academic standing
Department coordinators receive all applications to review, conduct interviews and make selections.  Because OPIC cannot pay travel expenses, face-to-face interviews are not required; interviews are conducted by phone.
Must be enrolled or accepted for enrollment (at least part-time) in a relevant college degree program either at the graduate or undergraduate level at the time the internship would be served.

Benefits and Other Info

All internships are NON-PAID. The student is considered a volunteer and is not entitled to compensation or overtime during any portion of this assignment. However, a transportation benefit may be provided depending on availability of funds. The volunteer is subject to the federal statutory and regulatory provisions that govern ethical and other standards of conduct, conflicts of interest, suitability, security, and limitations on political activity. The Federal Tort Claims Act and any other federal tort liability statute shall apply to the volunteer. The rules and policies that govern the internal operation and management of OPIC are applicable to the volunteer.
Other Information:
The Federal Government gives strong priority to hiring United States citizens. Students must be willing and able to travel at their own expense to Washington, D.C. GENERAL INFORMATION All qualified candidates will receive consideration for this position without regard to race, color, religion, sex, age, national origin, disability, political affiliation, labor organization affiliation, marital status, sexual orientation, or other non-merit factors. OPIC welcomes and encourages applications from persons with physical and mental disabilities (including disable veterans in receipt of compensation at the rate of 30% or more) and will reasonably accommodate the needs of those persons. REASONABLE ACCOMMODATION STATEMENT OPIC provides reasonable accommodations to applicants with disabilities on a case-by-case basis. If you need a reasonable accommodation for any part of the application and hiring process, please contact the Human Resource Specialist listed in the contact information of the vacancy announcement. Hard of hearing or deaf individuals may contact the Human Resources Office via the TTY (TDD) number that is listed in the contact information of the vacancy announcement, or via the Federal Relay Service at 1-800-877-8339 (TTY/ASCII) or, or their state or local relay service. All application materials become the property of the agency and will not be returned. All the information you provide will be verified by a review of the work experience and/or education as shown on your application forms, by checking references and through other means, such as the interview process. Any exaggeration of your experience, false statements, or attempts to conceal information may be grounds for not hiring you, or for firing you after you begin work. Periodically, the Office of Personnel Management conducts applicant satisfaction surveys. If you are selected to participate, we encourage you to provide feedback. It will assist both OPM and OPIC in making the online application process better. Thank You

How to Apply

How to Apply:
Before applying, read the entire vacancy announcement and ensure you are comfortable with the requirements.  If you are a new user to the USAJOBS site and have never registered for an account; you will first need to create an account by clicking on the following link Once you have gathered all of the required information and are ready to begin the application process, click the button "Apply online" at the bottom of the page. You will then be directed away from USAJobs to the OPIC Enterprise systems application site. Once you have reached Enterprise, you will be prompted to enter (or update) your contact information on file with us. You can then begin answering the questions in the application. When you are done with all of the questions on a single page, click "Next" and proceed to the next page. If you experience any difficulties with the Enterprise application site, or you do not have access to a computer or the Internet to complete the on-line application, please contact the Human Resource Specialist listed on the vacancy.
Required Documents:
Supporting documentation (e.g. cover letter, college transcripts, etc.) should be included with your resume package. Resume must clearly state your experience as related to the position and a cover letter must accompany your resume. INCOMPLETE APPLICATIONS will receive a rating of IFM (ineligible due to missing forms). Requests for reconsideration of ratings will not be considered for applicants who fail to submit a complete application package. We cannot be held responsible for incompatible software, fax transmissions, delays in mail service, etc. Only send documentations requested/required and that directly supports your qualifications for the position.
What to Expect Next:

Once your completed application is received, candidates will be referred to the hiring manager for further consideration and possible interview. You will be notified of the outcome.  TO CHECK THE STATUS OF YOUR APPLICATION: Go to, and log in. Click on 'Application Status' to view the status of your online job applications. Find the job application you would like to check. If it does not display, click on the 'View All Applications' link. For the application of interest, click on the 'More Information' link under the 'Application Status' column. The Application Detail page will display containing information about your application. Click the envelope icon under the 'Email Me A Copy' column to email yourself a copy of your resume and on line assessment responses. TO SIGN UP FOR APPLICATION STATUS UPDATES VIA EMAIL: USAJOBS has added an automatic email notification option for you to receive application status updates. We will continue to update your status on-line as changes are made - please provide sufficient time after the job closes to receive notifications to view your updated status codes.

To activate the proactive notification emails from your USAJOBS profile: - Access  click on My Account and log in - Click on Application Status and click the 'Notification Settings' link located below your displayed applications - Select your notification preference and click 'Submit' (you may also select to unsubscribe) These alerts will automatically notify you that your status has changed and remind you to check your USAJOBS profile for the specifics.