IFC Global Internship Program (51) – Supply Chain Finance

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JOB DESCRIPTION

IFC Global Internship Program (51) – Supply Chain Finance

Job #: req26105
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):
Closing Date: 2/25/2024 (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 in developing countries. In fiscal year 2023, IFC committed a record US$43.7 billion to private companies and financial institutions in developing countries, leveraging the power of the private sector to end extreme poverty and boost shared prosperity as economies grapple with the impacts of global compounding crises. For more information, visit www.ifc.org.

IFC’s Global Trade and Supply Chain Finance (CTS) is seeking an intern 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 the newly established Global Supply Chain Finance Program that promotes the reverse factoring product in local financial markets and supports suppliers in emerging markets to have a greater access to finance.  IFC works with financial institutions and provides unfunded/funded risk participation in supply chain finance facilities these banks have by taking buyers’ risk.
• Support the promotion of this product with internal and external clients, develop research related to this product in particular regions and other initiatives to achieve ambitious growth plans.

 

Selection Criteria

 

• Candidates must be currently enrolled in a Master’s degree level program
• Preferred field of study: MBA, Finance
• 2-3 years of previous work experience in banking, preferably in Trade and Supply Chain Finance is preferred
• Fluency in English

Please refrain from submitting more than three applications to our internship program otherwise your candidacy may be disqualified and rescinded.

 

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.


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