2020/2021 World Bank Group/IFC/MIGA Young Professionals Program (YPP)

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The World Bank and IFC have merged their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP).

The new program is now accepting purposes on behalf of three establishments (the World BankIFC and MIGA).  Building on the wealthy legacy of its predecessor packages, the WBG YPP will recruit and develop future leaders to collaborate successfully throughout our establishments on joint WBG options to growth challenges.

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Young Professionals are recruited from world wide, with choice to nationals of WBG member countries and countries of operations. We welcome all certified people from numerous skilled, educational, and cultural backgrounds to use.

We invite you to browse this web site and discover the various alternatives of becoming a member of the WBG YPP.

PROGRAM

The WBG YPP is a two-year management growth program at the beginning of a five-year employment contract with the World Bank, IFC or MIGA. Young Professionals (YPs) begin this system in Washington, DC, the place they interact in intensive coaching—on-the-job and within the classroom—studying the basics of management and growth operations throughout establishments, and how you can establish alternatives for joint affect.

KEY PROGRAM FEATURES

Professional Experience YPs are full-time staff, making important contributions to their respective unit’s work program, whereas constructing networks and information throughout the Bank Group by means of the YPP. They usually be a part of area missions, the place they work on the frontlines of WBG operations, studying key features of our work and immediately partaking with our purchasers.

Leadership Development Through the WBG YPP curriculum, YPs develop the foundational information to contribute to our enterprise and the competencies to guide. Activities vary from management {and professional} growth workshops to networking, mentorship and conversations with WBG management.

Training on WBG Policies, Products & Operations YPs interact in intensive coaching on the insurance policies, merchandise and operations of the World Bank, IFC and MIGA. This side of the WBG YPP curriculum ensures that YPs know how you can operationalize joint WBG options to growth challenges, and how you can retain and apply this information for years to return.

Global Rotations throughout WBG YPs take part in at the least one rotation inside their residence establishment, with some partaking in extra rotations to a different establishment, with the purpose of creating and making use of abilities throughout the enterprise. Rotations are a core element of the curriculum, offering YPs the publicity to know how our establishments work (and might work collectively) in addition to how you can align their abilities to precedence areas, like international locations affected by fragility, battle and violence (FCV), and different difficult environments.

Coaching & Mentoring YPs are assigned a number of mentors on the peer and departmental degree. Mentors can present recommendation on varied subjects starting from settling into Washington, DC to figuring out profession alternatives all through the YP expertise, and past.

Networking Events In addition to this system orientation and commencement ceremonies, the WBG YPP workplace organizes common occasions for YPs to remain in contact with program alumni, stakeholders and broader WBG employees.

Management Supported Rotations & Job Placements YPs are offered management-level help of their transitions to rotations and post-YPP job placements, guaranteeing their abilities are best positioned throughout the enterprise.

WHO CAN APPLY?

To be thought-about for the WBG YPP, candidates should:

  • Be born on or after October 1, 1988
  • Have a grasp’s or doctoral degree*
  • Specialize in a area related to YPP Business Areas
  • Demonstrate related skilled expertise or continued examine on the doctoral degree**
  • Be fluent in English
  • The Bank’s Group recruitment coverage is to rent employees of the very best caliber, on as extensive a geographical foundation as potential, with choice to nationals of WBG member countries or countries of operations.

*Graduate degree necessities:

For World Bank placement: Complete a related grasp’s degree by June 30, 2020 or PhD earlier than September 2021. Fields of examine should be associated to a World Bank Business Area.

For IFC & MIGA placement: Complete a related graduate degree earlier than September 2021.  Fields of examine should be associated to an IFC or MIGA Business Area, together with however not restricted to a Master’s of Business Administration (or equal), Economics, Finance, International Relations, Science and Engineering.

**Professional expertise necessities:

For World Bank placement: Demonstrate 3+ years of related expertise, or the equal in continued examine on the doctoral degree.

For IFC & MIGA placement: Demonstrate 4+ years of related expertise in finance, political threat insurance coverage and credit score enhancement, mission/program growth, financial growth and/or consulting. Certifications such because the CFA are a plus.

COMPENSATION & BENEFITS

The WBG YPP presents a aggressive wage and advantages package deal as a part of a 5-year time period contract. Benefits embrace well being, life and accident insurance coverage, a pension plan and potential relocation and mobility advantages relying on WBG pointers.

Applications for the inaugural WBG YPP cohort are open from June 1 – June 30 for all profiles and can reopen from August 17 – September 21 for IFC and MIGA profiles solely.

APPLICATION CHECKLIST
  • Resume/CV
  • Academic Credentials*
  • 2 Short Essays
  • Short Summary of Thesis or Dissertation (World Bank candidates solely)
  • 3 Professional or Academic Recommendations**
*Diploma, Degree Completion Letter, Proof of Enrollment w/ Expected Graduation Date or Transcript.

**Recommendations might be requested by way of e-mail in the course of the eligibility screening stage.

Short Essays

Question 1 In 500 phrases or much less, please inform us what evokes you to work on the World Bank Group and why you’d be a great match for the WBG YPP. You could incorporate your private {and professional} expertise (space of experience, area or sector) in your reply.

Question 2 In 500 phrases or much less, please share your ideas on the worth of the brand new World Bank Group Young Professionals Program and why joint WBG options (public, public-private & personal) to growth challenges are so vital.

THE INTERVIEW

The World Bank Group is intently monitoring COVID-19 developments. To guarantee the protection of our present and potential employees, the 2020 YPP interviews might be performed nearly. Additional actions could embrace:

  • An evaluation middle, the place you may be requested to overview and talk about paperwork
  • Timed computer-based monetary checks

Applicants who’re invited to interview might be supplied with extra element as the method strikes alongside.

Candidates are assessed primarily based on expertise, technical experience, and competencies reminiscent of client orientation, management and communication.

Click here for more information and to apply

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