About the Agency
Department of Legal Affairs
OPIC’s Department of Legal Affairs, consisting of approximately twenty attorneys and supported by ten legal professionals, interacts with every department at OPIC and plays an important role with respect to OPIC’s overall program. OPIC lawyers draft project finance and investment funds legal documentation, review political risk insurance contracts, negotiate with investors and their counsel on the details of finance, funds and insurance transactions, and determine liability and the extent of compensation due in claims on OPIC insurance policies. The Department represents OPIC in any negotiations with foreign governments, including settlement of OPIC’s claims against the government after OPIC has compensated an insured investor. In the event of a dispute under an insurance policy, the Department may represent OPIC in arbitration, the dispute resolution mechanism called for in OPIC insurance contracts. When OPIC uses outside counsel (for example, local counsel in a project country), OPIC lawyers select and supervise retained attorneys. Finally, OPIC depends on the Department to provide any legal advice it may require as a corporation on a wide range of general corporate, legislative, and administrative matters. For a law student interested in finance and the legal aspects of international business transactions, an OPIC internship provides exposure to many facets of international investment, from structuring project financings to the assessment of political risks and evaluation of claims in connection with OPIC’s insurance contracts. An internship with OPIC’s Department of Legal Affairs gives students a comprehensive overview of the operations and effectiveness of OPIC programs in support of international transactions.
- Must be registered for Selective Service if applicable (www.sss.gov).
- NON-PAID Student Opportunity
- Applicants must be able to complete a background investigation
- Must be a U.S. Citizen
- Transcript and cover letter should be submitted with application
DUTIES: Back to top
The internship is an opportunity for practical application of legal principles in such areas as corporate law, administrative law, public international law, international business transactions, insurance, banking, and finance. Law student interns help OPIC’s attorneys advise OPIC in matters relating to insurance, finance, investment funds and administration. The majority of the work performed by interns is comparable to that of a first-year associate at a law firm transactional practice and also includes legal research and writing projects. The Department makes every effort to match required research assignments to our interns’ areas of particular interest.
QUALIFICATIONS REQUIRED: Back to top
In addition to the Key Requirements, students must be enrolled full time in an accredited law school, and must not have graduated before the internship would be served. Successful candidates must have outstanding academic records, superior writing skills and be in good academic standing.
Students must have experience or demonstrated interest in finance and international law and development, as evidenced by an academic or employment background in banking, finance, international affairs, etc. Preference will be given to students who include a cover letter explaining their interest in OPIC’s mission and the work done by the Department of Legal Affairs.
All Interns Must be U.S. Citizens.
HOW YOU WILL BE EVALUATED:
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.
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BENEFITS: Back to top
You can review our benefits at:
OTHER INFORMATION: 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 http://www.frso.us/index.jsp, 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
usajobs.gov - 12 months ago