What are the responsibilities and job description for the IFC Global Internship Program - FIG Insurance, DARP and Housing Internship - req31670 position at IFC - International Finance Corporation?
IFC Global Internship Program - FIG Insurance, DARP and Housing Internship
Job #: req31670
Organization: IFC
Sector: Other
Grade: UC
Term Duration: 0 years 4 months
Recruitment Type: Local Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s): French, Spanish
Closing Date: 3/2/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
IFC’s FIG Department is seeking three interns as part of our Global Internship Program (GIP). The Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group and become part of the largest private sector development institution in the world. The program encourages individuals to bring new perspectives and innovative ideas to IFC’s work, while improving skills in a diverse and highly stimulating environment. Moreover, the Global Internship Program provides a unique opportunity to exchange ideas and network with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.
Duties And Accountabilities
Support Investment, Upstream and Advisory Programs:
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC , including our values and inspiring stories.
Job #: req31670
Organization: IFC
Sector: Other
Grade: UC
Term Duration: 0 years 4 months
Recruitment Type: Local Recruitment
Location: Washington, DC,United States
Required Language(s): English
Preferred Language(s): French, Spanish
Closing Date: 3/2/2025 (MM/DD/YYYY) at 11:59pm UTC
Description
IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities. Our mission is to leverage the power of the private sector to end extreme poverty and boost shared prosperity on a livable planet.
IFC’s FIG Department is seeking three interns as part of our Global Internship Program (GIP). The Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group and become part of the largest private sector development institution in the world. The program encourages individuals to bring new perspectives and innovative ideas to IFC’s work, while improving skills in a diverse and highly stimulating environment. Moreover, the Global Internship Program provides a unique opportunity to exchange ideas and network with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.
Duties And Accountabilities
Support Investment, Upstream and Advisory Programs:
- Work closely with the team to identify and assess business opportunities in Insurance, DARP or Housing Finance.
- Conduct industry, market and company research.
- Perform integrity due diligence on potential clients.
- Perform financial analysis, modelling on project investments, as needed.
- Prepare project-related documents and PowerPoint presentations for internal and external audiences.
- Support to Credit and Risk evaluation of Insurance, DARP or Housing Finance Partners.
- Coordinate with the global and/or regional teams to obtain necessary information.
- Support mapping identification of target companies in key target markets.
- Candidates must be currently enrolled in a Master’s degree level program
- Preferred field of study: Masters in Economics, Business Administration (MBA), Accounting or Finance
- Minimum of 2 years of previous work experience (including internships) in a financial institution.
- Have a basic understanding of investment transactions, including how to conduct market analysis and determine financial soundness of company or project opportunity.
- Be able to utilize graphics and tables to effectively and creatively present data.
- Excellent written and verbal communication skills in English. Additional languages are a plus.
- Proficiency in the Microsoft suite: Word, Excel, and PowerPoint.
- Strong financial, analytical, and modeling skills.
- Self-motivated and driven individual with strong willingness to learn and ability to multi-task.
- Team player with strong interpersonal skills.
- Willingness to travel internationally.
- Committed to highest ethical standard, ability to work successfully in multicultural teams and across boundaries and keen interest in development finance and multicultural environments.
World Bank Group Core Competencies
The World Bank Group offers comprehensive benefits, including a retirement plan; medical, life and disability insurance; and paid leave, including parental leave, as well as reasonable accommodations for individuals with disabilities.
We are proud to be an equal opportunity and inclusive employer with a dedicated and committed workforce, and do not discriminate based on gender, gender identity, religion, race, ethnicity, sexual orientation, or disability.
Learn more about working at the World Bank and IFC , including our values and inspiring stories.
