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Intern

Location: Washington, DC
Department: Center for Financial Markets

ABOUT THE MILKEN INSTITUTE CENTER FOR FINANCIAL MARKETS

The Center for Financial Markets is a part of the Milken Institute, a non-profit, nonpartisan think tank determined to increase global prosperity by advancing collaborative solutions that widen access to capital, create jobs and improve health. We do this through independent, data-driven research, action-oriented meetings and meaningful policy initiatives. Based in Washington, D.C., the Milken Institute Center for Financial Markets (CFM) promotes financial market understanding and works to expand access to capital, strengthen—and deepen—financial markets, and develop innovative financial solutions to the most pressing global challenges.

ABOUT THE INTERNSHIP

Joining the CFM team in the Fall and working through the Spring of 2019, the intern will assist senior staff on a number of projects, ranging from researching financial markets in developing countries to creating and promoting financial literacy educational material. The intern’s primary work at CFM will include the following:

  • Conducting research and preparing background materials on financial markets in developing countries, including producing literature reviews of academic studies and organizing datasets
  • Managing lists of stakeholders and planning for convenings with policymakers and financial experts
  • Designing marketing strategies for publications and online content, particularly for CFM’s 5minutefinance.org website
  • Analyzing reports from international financial institutions to investigate a country’s financial health and strategic priorities
  • Assisting with additional CFM work as needed

The intern will be expected to spend a minimum of 30 hours per week in the fall, and 20 hours per week during the spring. This is an in-person position in CFM’s Washington, DC, office, and the intern will be paid an hourly rate.

REPORTING RELATIONSHIPS/SCOPE

The Intern will be a part of the CFM team, will report to the Associate Director, and will work closely with CFM staff as well as the wider Milken Institute team around the world.

REQUIREMENTS

It is essential that the applicant be 1) authorized to work in the United States of America; 2) be located in the Washington, DC, area for the majority of the internship. Anyone who does not meet those requirements should not apply.

In addition to those fundamental requirements, the ideal candidate will have these characteristics:

  • Knowledge of capital markets: The intern will be expected to be financially literate and able to knowledgably discuss themes related to both equity and debt capital markets. Knowledge of the banking sector, money markets, derivatives, and financial regulation would also be useful.
  • Professionalism: The intern will be expected to represent CFM to external parties, including to senior policymakers and/or business executives, with a high level of professional courtesy and tact. The ability to write a good, business email is essential, as is the ability to hold a meaningful conversation on the phone. We also are looking for someone who is comfortable working in multicultural environments and with international organizations. Finally, attention to detail is paramount, and we begin evaluating this characteristic as soon as we open the application materials we ask for below.
  • Drive: The ideal intern will be ambitious and eager to take on new responsibilities and new challenges. We are looking for someone who works hard to advance projects, even with minimal supervision. ▪ Marketing instinct: The intern will assist in promoting CFM publications and online content, particularly the 5minutefinance.org website. We want someone who can think creatively about promoting this work, especially to university audiences.
  • Native or near-native level of English: It is essential that the intern is able to speak and write in English with ease.
  • Statistical training and/or the ability to code: These qualities are less important than the characteristics above, but could certainly set an applicant apart from others applying for this post. If you know how to use statistical software or know coding languages, it is highly recommended that you highlight these abilities in your cover letter.

Graduate students pursuing degrees in finance, economics, business, international political economy, or public policy are strongly encouraged to apply, but we are open to accepting applications from students from other disciplines as well as from exceptional undergraduates. There is a strong preference for current students.

Note: The statements herein are intended to describe the general nature and level of work being performed by employees and are not to be construed as an exhaustive list of responsibilities, duties, and skills required of personnel so classified. Furthermore, they do not establish a contract for employment and are subject to change at the discretion of the employer.

Please submit a current resume and cover letter explaining your interest and aptitude for the position. Applicants are also invited to share a writing sample, but this is optional. All application materials should be attached as PDF files. Any application that does not include both a cover letter and a resume saved as PDFs will be rejected.

Applicants will be assessed on a rolling basis. After an initial screening of written application materials, the strongest candidates will be invited to an interview.

 

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