About Us: U.S. International Development Finance Corporation (DFC) is America’s development finance institution. DFC partners with the private sector to finance solutions to the most critical challenges facing the developing world today. We invest across sectors including energy, healthcare, critical infrastructure, and technology. DFC also provides financing for small businesses and women entrepreneurs in order to create jobs in emerging markets. DFC investments adhere to high standards and respect the environment, human rights, and worker rights.
Why DFC? As part of our team, you’ll apply your talents to projects with global reach, helping to move markets and improve lives. We are on the lookout for individuals with the brightest minds, ready to bring innovative ideas and bold approaches to support our mission. By joining DFC, you’ll contribute to advancing global development and U.S. foreign policy while working on collaborative projects that enhance private-sector investment in areas like climate action, healthcare, gender equity, and digital connectivity .
Our Culture: DFC is committed to keeping our mission at the heart of what we do. Our team comprises some of the brightest minds in government, and we pride ourselves on being a place where diverse talent can thrive. We value different perspectives and abilities and are dedicated to tackling big challenges with resourcefulness and an inclusive entrepreneurial spirit.
About the role:
This position is located in the International Development Finance Corporation (DFC), Office of Energy (OE). The incumbent of this position serves as senior specialist managing the most complex, sensitive, and precedent-setting insurance projects that involve significant risk and judgments of insurable interests; work requires expertise in underwriting, country risk analysis, and establishing and documenting terms for insurability.
What you’ll do:
As an Insurance Projects Specialist (Investment Insurance Officer), you will:
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- Perform a range of activities in the political risk insurance origination process, including reviewing business plans, power or water purchase agreements, loan agreements and contracts with foreign governments, and project information memoranda.
- Conduct due diligence on projects in developing countries which includes evaluating the political risks, evaluating the financing structure of the project, reviewing legal documents and assessing the financial model.
- Provide concise written analysis of pertinent host country political risks, related to the developing country where projects are located.
- Provide analysis of the relevant risks related to a variety of complex investment structures, including special purpose vehicles and funds.
- Structure political risk coverage on complex deals.
- Present the political risk insurance approval papers and contracts to the required approval committees and expertly explain the coverages, exclusions and risks.
- Negotiate and execute detailed, complex and medium to long-term international political risk insurance contracts with the private sector, to insure a single asset (as opposed to an insurance program for a corporation), balancing investors’ needs with DFC’s requirements in a responsive manner.
- Independently identify new business opportunities that promote the international political risk insurance program to bring in new relevant business opportunities that further the DFC’s development mission.
Experience we’re looking for:
Applicants must meet all eligibility and qualification requirements no later than the closing date of this announcement.
You may qualify at the GS-12 level, if you fulfill the following qualification requirements:
A. One year of specialized experience equivalent to the GS-11 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience working with a team under close supervision on international projects or investments while working at a political risk insurance firm, commercial bank, consulting firm, investment bank, international project development company, international financial institution, or multilateral organization;
2) Experience working on political risk analysis of business ventures; and
3) Experience identifying issues in at least one of the following three areas: political, economic or credit risks (e.g. due diligence, risk exposure, detailed credit analysis, market analysis, private investments).
Note: Education is not substitutional at this grade level.
You may qualify at the GS-13 level, if you fulfill the following qualification requirements:
A. One year of specialized experience equivalent to the GS-12 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience conducting political risk analysis of business ventures in developing countries;
2) Experience identifying issues in at least two of the following three areas: political, economic or credit risks (e.g. due diligence, risk exposure, detailed credit analysis, market analysis, private investments); and
3) Experience analyzing the underlying causes of changes in investment conditions and political climate in a developing country.
Note: Education is not substitutional at this grade level.
You may qualify at the GS-14 level, if you fulfill the following qualification requirements:
A. One year of specialized experience equivalent to the GS-13 grade level in the Federal service that demonstrates your experience in all of the following:
1) Experience completing the full range of origination of international political risk insurance contracts;
2) Experience guiding potential clients through the eligibility requirements, application process, investment policies requirement and approval process at a political risk insurance company;
3) Experience identifying pertinent host country political risks related to projects and applying these analyses to determine what risks should be covered and excluded in a political risk insurance contract; and
4) Experience developing networks and customer contacts to identify new business opportunities.
Note: Education is not substitutional at this grade level.
Experience refers to paid and unpaid experience, including volunteer work done through National Service programs (e.g., Peace Corps, AmeriCorps) and other organizations (e.g., professional; philanthropic; religious; spiritual; community, student, social). Volunteer work helps build critical competencies, knowledge, and skills and can provide valuable training and experience that translates directly to paid employment. You will receive credit for all qualifying experience, including volunteer experience.
Requirements:
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- Must be a U.S. Citizen or National
- Males born after 12-31-59 must be registered for Selective Service
- Must submit resume and supporting documents (See How To Apply)
- Suitability for Federal employment, as determined by a background investigation
- May be required to successfully complete a probationary period
- Within 30 days of your start date, you will be required to file a Confidential Financial Disclosure Report (OGE Form 450)
- Must be able to obtain and maintain a secret security clearance
- This position will require foreign travel to developing countries
How to Apply: To apply for this position, you must review the job announcement and complete the online application through USAJOBS. The complete application package must be submitted by 11:59 PM (EST) on the closing date to receive consideration.
Benefits: As a DFC federal employee, you will enjoy a comprehensive benefits package that supports a healthy work-life balance. Benefits include Paid Vacation & Leave Programs, Federal Employee Health Benefits, Life Insurance, Retirement and Savings Plans, Subsidies for Transit and Childcare, an On-site Fitness Center, and a host of Work-Life Balance programs designed to support your professional and personal growth.
We look forward to your application and the potential of you joining our dynamic team at DFC!
The United States government does not discriminate in employment on the basis of race, color, religion, sex (including pregnancy and gender identity), national origin, political affiliation, sexual orientation, marital status, disability, genetic information, age, membership in an employee organization, retaliation, parental status, military service or other non-merit factor.