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Title

Intern, Research 

Description

Opportunity Finance Network (OFN) seeks an intellectually curious graduate student intern to help us produce and advance research on community development financial institutions (CDFIs). They will be responsible for assisting with the execution of OFN’s Annual Member Survey data collection, contributing to OFN’s research agenda, and helping to maximize the use of data and research to elevate the work of CDFIs. The intern will be mentored as they learn about CDFIs and develop professional skills in data collection, research methods, analytical thinking, oral communication and writing, and project management.

OFN is a leading national network of CDFIs headquartered in Washington, D.C. In pursuit of our mission to align capital with social, economic, and political justice, OFN supports its 390+ member CDFIs to drive transformational change in financially underserved rural, urban, and Native communities nationwide. We help money flow to people and places where traditional finance doesn’t reach. As a financial intermediary, OFN secures private capital for CDFIs through strategic partnerships with leading corporations such as Google and Twitter, mainstream financial institutions such as Bank of America and Wells Fargo, and philanthropic organizations such as the John D. and Catherine T. MacArthur Foundation and the Robert Wood Johnson Foundation.

OFN builds the strength of its membership and other CDFIs through financial products and services, events, training, research, policy advocacy, and visibility. Currently, OFN has an on-balance sheet loan portfolio of $150 million and manages capital on-and off-balance sheets of nearly $1 billion, and has plans to bring an additional $1 billion in new private capital to the industry.

To learn more, visit: https://www.ofn.org/

People who work at OFN come from a variety of professional and academic backgrounds. If you:

 

  • Have a passion for the mission and are a true believer in our core purpose.
  • Have courage to be a fearless advocate who is confident and resilient in our fight to drive capital into low-income communities.
  • Are a smart, quick seeker of knowledge who thrives on creating and developing new strategies, products, and programs for increasing capital to communities we serve.
  • Desire to be a collaborative team player who possesses humility and a willingness to lean into all areas of our work.

Come be a part of our growing diverse, highly committed, skilled, and collaborative staff. At OFN, we are dedicated to building a diverse, inclusive workplace, so if you are excited about this role but your experience does not align perfectly with every qualification, we encourage you to apply nonetheless. You may be the right candidate for this or other roles.

This position can be conducted remotely for non-local qualified students.

 

 

Core Responsibilities:

  • Review, validate, and analyze responses to OFN’s Annual Member Survey on the CDFI industry.
  • Compare survey response to CDFIs’ audited financial statements and previous years’ survey responses.
  • Assist with management of the survey project by tracking progress, communicating with CDFIs, responding to questions, and coordinating with other team members.
  • Plan and implement an independent research project on CDFIs that is jointly developed and decided upon with the research team.
  • Collect, clean, manage, and analyze quantitative data and perform statistical analyses using standard statistical software packages.
  • Help to maintain quantitative databases that store data collected by OFN and publicly available data from the Census, CDFI Fund, Small Business Administration, Federal Deposit Insurance Corporation, and other sources.
  • Track and assist in fulfilling data requests submitted by other OFN departments, CDFI members, and external partners.
  • Assist in developing research publications by drafting sections and preparing exhibits, tables, and data visualizations.
  • Provide administrative support to the research team.
  • Assist with other research activities as requested.
 
Position Requirements

Qualifications:

  • Enrolled in a graduate degree program in Business (MBA), Economics, Accounting, Finance, Public Policy, or related field of study.
  • Knowledge and familiarity with Excel as well as basic financial statements and terms are essential.
  • Experience with statistical packages (e.g., Stata, R) and database management software (e.g., SQL, Access) is preferred.
  • Ability to work a minimum of 32 hours per week during Summer 2023.
  • Ability to work well in a fast-paced environment, balance the demands of working on multiple tasks simultaneously, and collaborate on teams.
  • Excellent writing, oral communication, and analytical thinking skills.
  • Commitment to OFN’s mission.
  • Substantive interest in community development, CDFIs, financial institutions, and nonprofits.
  • Job involves normal physical requirements for an office position.
  • Must have current US Work Authorization.

 

 

***This paid internship will be approximately 32 hours per week. The internship will run from the end of May through August 2023 with the possibility of continuation into the 2023-2024 academic year.***

EOE/AA/D/V

Supervisor’s Title: Senior Associate, Research FLSA Status: Non Exempt

To apply, submit a cover letter and resume to:  

https://www.appone.com/MainInfoReq.asp?R_ID=5281924

 
Full-Time/Part-Time Part-Time  
Salary Range $22.00-25.00 per hour  
Exempt/Non-Exempt Non-Exempt  
Location Washington D.C.  
EOE Statement We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status or any other characteristic protected by law.  

This position is currently not accepting applications.

To search for an open position, please go to http://OpportunityFinanceNetwork.appone.com



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