Financial Capabilities Intern - Spring 2025

Silver Spring MD

Organization: IRC - International Rescue Committee
Location: Silver Spring MD
Grade: Internship - Internship
Occupational Groups:
- Banking and Finance
- Impact investing, Social venture capital
Closing Date: 2025-01-06

The International Rescue Committee (IRC) responds to the world's worst humanitarian crises, helping to restore health, safety, education, economic wellbeing, and power to people devastated by conflict and disaster. Founded in 1933 at the call of Albert Einstein, the IRC is one of the world's largest international humanitarian non-governmental organizations (INGO), at work in more than 40 countries and 29 U.S. cities helping people to survive, reclaim control of their future and strengthen their communities. A force for humanity, IRC employees deliver lasting impact by restoring safety, dignity and hope to millions. If you're a solutions-driven, passionate change-maker, come join us in positively impacting the lives of millions of people world-wide for a better future.

Background: Founded in 1933, the International Rescue Committee (IRC) is a leading non-sectarian, voluntary organization providing relief, protection, and resettlement services for refugees and victims of oppression or violent conflict. The Suburban Washington Refugee Center, where the IRC’s Silver Spring resettlement office is located, has resettled more than 2,000 new refugee arrivals, providing them a fresh start and opportunities to use their greatest resources—their motivation, their skills and their experiences—to become independent and self-sufficient new Americans. Currently, the IRC Silver Spring resettles and/or provides assistance to over 700 refugees and asylees each year.

Scope of work: The Financial Capability (FinCap) Program as part of the Economic Empowerment Program supports clients to become financially capable through financial education, coaching and providing low-interest loan products. FinCap services include financial education and counseling that help clients understand banking, budgeting, saving, debt management, building credit and auto purchase. FinCap products includes different various-purpose small-dollar consumer loans. This program aims to empower participants and boost their confidence to manage their personal finances effectively. The Financial Capability Intern will support the program by providing financial coaching and counseling services to program participants.

Responsibilities:

Reach out to new referrals via email and phone to explain the Financial Capability Program services and products, assess their needs and interests, and complete their intakes
Provide 1:1 financial coaching and counseling including creating and using personal budget, establishing a bank account, savings, debt management
Provide 1:1 classroom and group financial education on banking, budgeting, and introduction to credit
Assess client needs and develop individual short-term and long-term financial goals
Facilitate financial literacy/education workshops for clients
Collaborate, build and maintain effective relationships with colleagues
Adhere to IRC policies, particularly those related to confidentiality and client privacy
Other duties as assigned by IRC staff

Learning Objectives:

Intern will learn about personal finance topics and managing personal finance methods
Intern will gain insights into IRC casework and financial literacy programs and the process of refugee and asylee integration within the United States
Intern will learn to communicate effectively with clients across cultures and with interpreters
Intern will learn individual coaching techniques to engage and empower adults
Intern will learn about financial literacy topics, financial systems and how to navigate them effectively
Intern will lean presentation and inter-personal skills

Minimum Qualifications:

Self-motivated; able to work independently
Ability to collaborate with fellow interns and staff - this is a team-focused internship
Excellent communication and writing skills, including cross-cultural communicative skills
Works well in a fast-paced environment and adapts quickly to change
Confident in public speaking or interest to develop these skills
Strong interest in refugee and asylee issues
Language skills in Amharic, Arabic, Dari, Farsi, French, Kinyarwanda, Spanish, or Swahili are a plus
Three month minimum.  Required 20+ hours/week.  Preferred 35+ hours/week
Preference to current students and recent graduates*

TO APPLY
Click Apply Now at the top of this page. Please attach a resume, cover letter and list of references to your application. The deadline to apply is January 6, 2025.

This position is for Spring 2025 and requires a minimum commitment of 4 months and at least 20 hours per week. 35 hours per week preferred.

Spring 2025 Interns are expected to begin their internship term by attending an in-person intern orientation on January 27th, 2025 from 9:15AM-3:30PM.

We currently offer internships during the following semesters:

Spring: January – May Summer: June – August Fall: September – December

Internships are typically posted 2-3 months prior to the anticipated start date.

Note: Internships with the IRC in Silver Spring are unpaid. Spring 2025 interns may be eligible for per diem reimbursement at the rate of $15/day to offset the costs of food and travel. For information on scholarship opportunities, contact your university or the IRC Silver Spring intern coordinator at Michalina.Kulesza@Rescue.org.

*Candidates applying who are not currently enrolled in an undergraduate or graduate program, or are outside 12 months of their graduation are welcome to apply. These candidates will be processed as volunteers.

To protect our clients, the IRC requires all selected applicants to complete background checks. We ask that you make a $30 donation to help us cover the associated costs. Currently, 87% of our funding goes directly to programming to support our clients, and your help to cover this cost will ensure that no funding is directed away from serving our clients. Instructions will be provided after you have been selected to intern or volunteer.

IRC leading the way from harm to home.

IRC is an Equal Opportunity Employer. IRC considers all applicants on the basis of merit without regard to race, sex, color, national origin, religion, sexual orientation, age, marital status, veteran status, disability or any other characteristic protected by applicable law.

If you need assistance in the application or hiring process to accommodate a disability, you may request an accommodation at any time. Please contact Talent Acquisitions at IRC.Recruitment@rescue.org. As required by law, the IRC will provide reasonable accommodations to qualified applicants and employees with a known disability.

Standard of Professional Conduct:The IRC and the IRC workers must adhere to the values and principles outlined in the IRC Way – our Code of Conduct. These are Integrity, Service, Accountability, and Equality.

Commitment to Gender, Equality, Diversity, and Inclusion: The IRC is committed to creating a diverse, inclusive, respectful, and safe work environment where all persons are treated fairly, with dignity and respect. The IRC expressly prohibits and will not tolerate discrimination, harassment, retaliation, or bullying of the IRC persons in any work setting. We aim to increase the representation of women, people that are from country and communities we serve, and people who identify as races and ethnicities that are under-represented in global power structures.

We do our best to provide you the most accurate info, but closing dates may be wrong on our site. Please check on the recruiting organization's page for the exact info. Candidates are responsible for complying with deadlines and are encouraged to submit applications well ahead.

Before applying, please make sure that you have read the requirements for the position and that you qualify.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.

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